|Module code||LEK 421|
|Faculty||Faculty of Natural and Agricultural Sciences|
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.
|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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