Agricultural Economics and Marketing

A.1.1: Define terms in economics.

A.1.2: Describe the nature, scope and foundation of economics.

A.1.3: Describe the major fields of study of agricultural economics.

A.1.1: Define terms in economics.

A.1.2: Describe the nature, scope and foundation of economics.

A.1.1: Define terms in economics.

A.1.2: Describe the nature, scope and foundation of economics.

C.3.1: Examine employment, unemployment, and inflation.

D.1.1: Describe agriculture, intensive vs. extensive agriculture, sustainable development, economic growth, and economic development.

A.1.1: Define terms in economics.

A.1.2: Describe the nature, scope and foundation of economics.

A.1.1: Define terms in economics.

A.1.2: Describe the nature, scope and foundation of economics.

A.1.3: Describe the major fields of study of agricultural economics.

A.1.4: Cite the economic ideologies of nations.

B.1.1: Explain the production function.

B.1.1: Explain the production function.

B.1.1: Explain the production function.

B.1.2: Apply the law of diminishing returns in agriculture.

B.1.2: Apply the law of diminishing returns in agriculture.

B.2.1: Examine the various factors of productioji.

B.2.2: Differentiate short-run from long-run conditions.

B.2.2: Differentiate short-run from long-run conditions.

B.1.1: Explain the production function.

B.1.1: Explain the production function.

B.2.1: Examine the various factors of productioji.

B.2.2: Differentiate short-run from long-run conditions.

B.2.2: Differentiate short-run from long-run conditions.

B.2.3: Analyze the relationship of production costs to supply.

B.6.1: Apply supply and demand interactions in determining price and output in the market.

B.6.2: Describe price and output determination in imperfectly competitive markets.

B.6.1: Apply supply and demand interactions in determining price and output in the market.

B.2.2: Differentiate short-run from long-run conditions.

B.6.1: Apply supply and demand interactions in determining price and output in the market.

B.2.3: Analyze the relationship of production costs to supply.

B.4.1: Explain supply, its types and components.

B.4.2: Examine the supply determinants.

B.2.1: Examine the various factors of productioji.

B.2.3: Analyze the relationship of production costs to supply.

D.1.3: Determine the policies and programs for agricultural development and legal parameters.

B.3.1: Explain demand, its types and components.

B.3.3: Differentiate change in quantity demanded vs. change in demand.

B.3.2: Examine the demand determinants.

B.3.3: Differentiate change in quantity demanded vs. change in demand.

B.3.1: Explain demand, its types and components.

B.4.1: Explain supply, its types and components.

B.2.3: Analyze the relationship of production costs to supply.

B.4.2: Examine the supply determinants.

B.4.3: Differentiate change in quantity supplied vs. change in supply.

B.6.1: Apply supply and demand interactions in determining price and output in the market.

B.5.2: Apply these concepts in government policies/programs aimed at increasing farmer's income.

B.6.1: Apply supply and demand interactions in determining price and output in the market.

B.2.3: Analyze the relationship of production costs to supply.

B.5.2: Apply these concepts in government policies/programs aimed at increasing farmer's income.

B.6.1: Apply supply and demand interactions in determining price and output in the market.

B.5.2: Apply these concepts in government policies/programs aimed at increasing farmer's income.

B.6.1: Apply supply and demand interactions in determining price and output in the market.

B.5.1: Analyze the demand and supply elasticities and the factors affecting them.

B.5.1: Analyze the demand and supply elasticities and the factors affecting them.

B.5.1: Analyze the demand and supply elasticities and the factors affecting them.

B.5.1: Analyze the demand and supply elasticities and the factors affecting them.

B.5.2: Apply these concepts in government policies/programs aimed at increasing farmer's income.

B.7.1: Explain the theory of consumer behavior and the law of diminishing marginal utility.

B.7.1: Explain the theory of consumer behavior and the law of diminishing marginal utility.

B.7.2: Demonstrate how to optimize consumer's satisfaction subject to production constraint and given income level.

B.7.1: Explain the theory of consumer behavior and the law of diminishing marginal utility.

B.7.2: Demonstrate how to optimize consumer's satisfaction subject to production constraint and given income level.

B.6.1: Apply supply and demand interactions in determining price and output in the market.

B.6.2: Describe price and output determination in imperfectly competitive markets.

B.6.2: Describe price and output determination in imperfectly competitive markets.

B.6.2: Describe price and output determination in imperfectly competitive markets.

B.6.2: Describe price and output determination in imperfectly competitive markets.

E.1.1: Discuss the terms used in agricultural marketing, including the approaches to the study of agricultural marketing.

E.2.2: Analyze how marketing margins and costs affect the efficiency of the marketing system.

B.6.1: Apply supply and demand interactions in determining price and output in the market.

E.2.1: Describe the types of marketing margin.

E.3.2: Examine how price behaves over time, its operational aspects and pricing strategies adopted.

E.3.2: Examine how price behaves over time, its operational aspects and pricing strategies adopted.

E.3.2: Examine how price behaves over time, its operational aspects and pricing strategies adopted.

C.1.1: Differentiate the various approaches to national income accounting.

C.1.1: Differentiate the various approaches to national income accounting.

C.1.1: Differentiate the various approaches to national income accounting.

C.1.1: Differentiate the various approaches to national income accounting.

C.1.1: Differentiate the various approaches to national income accounting.

C.3.1: Examine employment, unemployment, and inflation.

C.1.1: Differentiate the various approaches to national income accounting.

C.1.1: Differentiate the various approaches to national income accounting.

D.1.1: Describe agriculture, intensive vs. extensive agriculture, sustainable development, economic growth, and economic development.

C.3.1: Examine employment, unemployment, and inflation.

C.3.2: Determine the causes and effects of unemployment and inflation and the measures to counteract them.

C.4.2: Demonstrate how monetary and fiscal policy are used to influence national income.

C.2.1: Explain the consumption, saving and investment functions.

C.2.1: Explain the consumption, saving and investment functions.

C.2.1: Explain the consumption, saving and investment functions.

C.4.2: Demonstrate how monetary and fiscal policy are used to influence national income.

C.2.1: Explain the consumption, saving and investment functions.

C.3.1: Examine employment, unemployment, and inflation.

C.3.1: Examine employment, unemployment, and inflation.

C.3.2: Determine the causes and effects of unemployment and inflation and the measures to counteract them.

C.3.1: Examine employment, unemployment, and inflation.

C.3.2: Determine the causes and effects of unemployment and inflation and the measures to counteract them.

C.3.2: Determine the causes and effects of unemployment and inflation and the measures to counteract them.

C.4.2: Demonstrate how monetary and fiscal policy are used to influence national income.

C.5.1: Define the role of money and the demand for it.

C.5.1: Define the role of money and the demand for it.

C.5.2: Determine the role of banking on money supply.

C.5.2: Determine the role of banking on money supply.

C.4.1: Differentiate monetary from fiscal policy.

C.4.2: Demonstrate how monetary and fiscal policy are used to influence national income.

C.4.1: Differentiate monetary from fiscal policy.

C.4.2: Demonstrate how monetary and fiscal policy are used to influence national income.

C.4.1: Differentiate monetary from fiscal policy.

D.2.2: Examine the barriers to trade (tariff and non tariff) and their impact on agriculture.

C.4.1: Differentiate monetary from fiscal policy.

C.4.2: Demonstrate how monetary and fiscal policy are used to influence national income.

C.4.2: Demonstrate how monetary and fiscal policy are used to influence national income.

D.1.1: Describe agriculture, intensive vs. extensive agriculture, sustainable development, economic growth, and economic development.

D.1.1: Describe agriculture, intensive vs. extensive agriculture, sustainable development, economic growth, and economic development.

D.1.2: Identify the various strategies for promoting economic growth and development.

D.1.1: Describe agriculture, intensive vs. extensive agriculture, sustainable development, economic growth, and economic development.

D.1.2: Identify the various strategies for promoting economic growth and development.

D.1.2: Identify the various strategies for promoting economic growth and development.

D.1.3: Determine the policies and programs for agricultural development and legal parameters.

D.1.2: Identify the various strategies for promoting economic growth and development.

D.1.3: Determine the policies and programs for agricultural development and legal parameters.

D.1.3: Determine the policies and programs for agricultural development and legal parameters.

D.1.3: Determine the policies and programs for agricultural development and legal parameters.

D.2.1: Explain free trade and the basis of specialization.

D.2.1: Explain free trade and the basis of specialization.

D.2.1: Explain free trade and the basis of specialization.

D.2.1: Explain free trade and the basis of specialization.

D.2.2: Examine the barriers to trade (tariff and non tariff) and their impact on agriculture.

D.2.3: Appraise effect of GATT-WTO and other stages of economic integration.

D.2.2: Examine the barriers to trade (tariff and non tariff) and their impact on agriculture.

D.2.2: Examine the barriers to trade (tariff and non tariff) and their impact on agriculture.

D.2.3: Appraise effect of GATT-WTO and other stages of economic integration.

D.2.4: Describe the balance of payments and its parts.

D.2.5: Explain the balance of payments and foreign exchange.

D.2.5: Explain the balance of payments and foreign exchange.

D.2.5: Explain the balance of payments and foreign exchange.

E.1.1: Discuss the terms used in agricultural marketing, including the approaches to the study of agricultural marketing.

E.1.1: Discuss the terms used in agricultural marketing, including the approaches to the study of agricultural marketing.

E.1.2: Examine the importance of the various marketing functions (transportation, storage, grading and standardization, packaging and labeling, and market intelligence)

E.1.3: Analyze how the performance of these functions (storage, grading and standardization, packaging and labeling, and market intelligence) contribute to value addition and efficiency of the marketing system.

E.1.1: Discuss the terms used in agricultural marketing, including the approaches to the study of agricultural marketing.

E.1.2: Examine the importance of the various marketing functions (transportation, storage, grading and standardization, packaging and labeling, and market intelligence)

E.1.3: Analyze how the performance of these functions (storage, grading and standardization, packaging and labeling, and market intelligence) contribute to value addition and efficiency of the marketing system.

E.1.1: Discuss the terms used in agricultural marketing, including the approaches to the study of agricultural marketing.

E.1.2: Examine the importance of the various marketing functions (transportation, storage, grading and standardization, packaging and labeling, and market intelligence)

E.1.1: Discuss the terms used in agricultural marketing, including the approaches to the study of agricultural marketing.

E.1.2: Examine the importance of the various marketing functions (transportation, storage, grading and standardization, packaging and labeling, and market intelligence)

E.1.3: Analyze how the performance of these functions (storage, grading and standardization, packaging and labeling, and market intelligence) contribute to value addition and efficiency of the marketing system.

E.1.2: Examine the importance of the various marketing functions (transportation, storage, grading and standardization, packaging and labeling, and market intelligence)

E.1.3: Analyze how the performance of these functions (storage, grading and standardization, packaging and labeling, and market intelligence) contribute to value addition and efficiency of the marketing system.

E.1.1: Discuss the terms used in agricultural marketing, including the approaches to the study of agricultural marketing.

E.1.2: Examine the importance of the various marketing functions (transportation, storage, grading and standardization, packaging and labeling, and market intelligence)

E.1.3: Analyze how the performance of these functions (storage, grading and standardization, packaging and labeling, and market intelligence) contribute to value addition and efficiency of the marketing system.

E.3.3: Describe the role of market intermediaries and the factors affecting the choice of channels of distribution.

E.1.1: Discuss the terms used in agricultural marketing, including the approaches to the study of agricultural marketing.

E.3.3: Describe the role of market intermediaries and the factors affecting the choice of channels of distribution.

E.3.3: Describe the role of market intermediaries and the factors affecting the choice of channels of distribution.

E.3.3: Describe the role of market intermediaries and the factors affecting the choice of channels of distribution.

E.3.3: Describe the role of market intermediaries and the factors affecting the choice of channels of distribution.

E.2.2: Analyze how marketing margins and costs affect the efficiency of the marketing system.

E.2.1: Describe the types of marketing margin.

E.1.3: Analyze how the performance of these functions (storage, grading and standardization, packaging and labeling, and market intelligence) contribute to value addition and efficiency of the marketing system.

E.2.2: Analyze how marketing margins and costs affect the efficiency of the marketing system.

E.1.2: Examine the importance of the various marketing functions (transportation, storage, grading and standardization, packaging and labeling, and market intelligence)

E.1.3: Analyze how the performance of these functions (storage, grading and standardization, packaging and labeling, and market intelligence) contribute to value addition and efficiency of the marketing system.

E.3.2: Examine how price behaves over time, its operational aspects and pricing strategies adopted.

E.3.1: Describe the types of product and strategies to achieve product quality.

E.3.1: Describe the types of product and strategies to achieve product quality.

E.3.4: Examine the different types of promotion mix and how to effectively advertise agricultural products.

E.3.2: Examine how price behaves over time, its operational aspects and pricing strategies adopted.

E.1.3: Analyze how the performance of these functions (storage, grading and standardization, packaging and labeling, and market intelligence) contribute to value addition and efficiency of the marketing system.

E.3.3: Describe the role of market intermediaries and the factors affecting the choice of channels of distribution.

E.3.4: Examine the different types of promotion mix and how to effectively advertise agricultural products.

E.3.4: Examine the different types of promotion mix and how to effectively advertise agricultural products.

B.2.1: Examine the various factors of productioji.

B.2.1: Examine the various factors of productioji.

E.3.3: Describe the role of market intermediaries and the factors affecting the choice of channels of distribution.

B.2.1: Examine the various factors of productioji.

B.6.1: Apply supply and demand interactions in determining price and output in the market.