AGEC 403: Agribusiness Management


Overview of Managerial and Business Economics; Micro-economic Concepts and their Application to Business; Business Behaviour in Different Market Structures; Production and Costs; The Firm and Its Environment; Demand Estimation: Regression Analysis; Decision Making Under Uncertainty; Product Pricing; Types of agribusiness ownership, such as Sole Ownership, Partnership, Corporate Structure, etc. Managing the agricultural business, including strategic management, comparative advantage and competitive advantage, value-chain analysis. Business analysis and control – financial Statements, profit and loss statement, financial ratio analysis, and performance and activity analysis. Managerial Economics and Public Policy –  how and why market regulation. Globalization – of  markets and production; drivers of globalization. Economics of Human Resource Management. Case Studies.