Natural Resource Policy. The economic tolls of welfare analysis, non-market valuation, and dynamics are used to evaluate natural resource use, natural resource policies, and conflicts among users, conservationists, and preservationists. International Markets and Agricultural Trade. Pure and monetary theories of international agricultural trade. International trade policies and trade negotiations are evaluated in detail.
Special consideration is given to the international trade policy influences on agriculture.
The international agricultural trade arena, imperfect competition, and exchange rate economics are discussed. Institutions are policies of major trading nations are explored. Advanced Food and Agribusiness Management. The objective of the course is to demonstrate how economic concepts underscore strategic management principles. Applications to food and agribusiness firms are used to show how managers and firms function when the assumptions of perfect competition are relaxed.