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Ag Econ HomeAGRICULTURAL AND APPLIED ECONOMICS 202, SECTION 002
SPRING 2007
INSTRUCTOR: Webb M. Smathers, Jr., Professor, 293 Barre Hall, 864-656-5764, wsmthrs@clemson.edu .
TIME AND LOCATION: 10:10-11:00 a.m., M W F, A103 P&AS
OFFICE AVAILABILITY: M W F 11:00 a.m. – 12:00 noon or by appointment
REQUIRED TEXT: Drummond, H. Evan, and John W. Goodwin, Agricultural Economics , second edition . Prentice Hall, Inc. 2004.
COURSE OUTLINE:
• Introduction (Chapters 1 and 2)
• Market Price Determination (Chapter 3)
• Consumer Behavior and Demand (Chapters 15 and 16)
• Producer Decisions and Supply (Chapters 11, 12 & 13)
• Market Structure and Imperfect Competition (Chapter 14)
• International Trade (Chapter 9)
• Agricultural Policy (Chapter 10)
• Marketing (Chapter 17)
• Farm Sector (Chapter 19)
• Environmental Policy and Markets (Chapter 21)
• Basic Macroeconomics and Monetary Policy if time allows (Chapter 6)
GOALS:
• to understand how applied economics is important as a social science in agricultural and natural resource decisions;
• to understand how producer behavior and consumer behavior interact in markets to determine market price and quantity;
• to begin to think with economic logic in applications to current events and consumer and producer decisions.
GRADE DETERMINATION:
Examination One 20 percent
Examination Two 20 percent
Examination Three 20 percent
In-class quizzes and
Classroom assignments 20 percent
Final Examination 20 percent
In general, you may expect:
>90%: A; 80% to 90%: B; 70% to 80%: C; 60% to 70%: D; and <60%: F. However, grades may be curved.
CLEMSON UNIVERSITY 'S STATEMENT ON ACADEMIC INTEGRITY:
“As members of the Clemson University community, we have inherited Thomas Green Clemson's vision of this institution as a ‘high seminary of learning.' Fundamental to this vision is a mutual commitment to truthfulness, honor, and responsibility, without which we cannot earn the trust and respect of others. Furthermore, we recognize that academic dishonesty distracts from the value of a Clemson degree. Therefore, we shall not tolerate lying, cheating, or stealing in any form.”
“When in the opinion of a faculty member, there is evidence that a student has committed an act of academic dishonesty, the faculty member shall make a formal written charge of academic dishonesty, including a description of the misconduct, to the Associate Dean of Undergraduate Services. At the same time, the faculty member may, but is not required to, inform each involved student privately of the nature of the alleged charge.”
Academic Dishonesty WILL NOT BE TOLERATED .
Back to Spring 2007 Course List
Ag Econ Home
2007 by Webb Smathers, Professor, Department
of Applied Economics & Statistics, Clemson University, Clemson, SC 29634-0313
updated 3/5/07