Agricultural economics 421

Module code LEK 421
Qualification Undergraduate
Faculty Faculty of Natural and Agricultural Sciences
Module content

Price and production function analysis. Input -output, input -input and product -product relationships; profit maximization; the production process through time, economies of size; decision making in agriculture under risk and uncertain circumstances; linear programming.

Module credits 20.00
Service modules Faculty of Economic and Management Sciences
Prerequisites LEK 410 GS
Contact time 2 practicals per week, 3 lectures per week
Language of tuition Separate classes for Afrikaans and English
Department Agricultural Economics Extension and Rural Develo
Period of presentation Semester 2

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