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ARE 201A Introduction to Agricultural & Resource Economics
Introduction to economic principles of marginal benefits and costs with application to consumer and producer decisions. Functions of market exchange systems in determining prices and quantities and creation of wealth. Property rights and opportunities for exchange. Role of government in dealing with agricultural and resource problems. Macroeconomic analysis including inflation, unemployment, money and banking system. Credit will not be given for both 础搁贰听201 and either 贰颁听201 or 贰颁听205.
GEP Social Sciences
Typically offered in Fall and Spring