Economics of the Agri-Food System

This course introduces students to the major aspects of economics, business and resource use in the Canadian agrifood sector.  Students will be exposed to the techniques used by agrifood firms to plan, invest and measure performance.  Decision making under both certainty and uncertainty will be considered.  Students will be shown how the market equilibrium model can be used to conduct welfare analysis and modified to account for imperfect competition and externalities.

Restriction(s):  AGR*2400