COURSE CODE: AEM 301
COURSE TITLE: Production Economics
NUMBER OF UNITS: 2 Units
COURSE DURATION: Two hours per week
COURSE DETAILS:
Course Coordinator: Dr. M.U. Agbonlahor B.Sc., M.Sc., PhD
Email: muragbon@yahoo.com
Office Location: Agric. Econs & Farm Mgt. Department, COLAMRUD
Other Lecturers: Dr. I.A. Ayinde
COURSE SYNOPSIS
Concept of production, production function analysis, profit maximization, cost minimization, profit function analysis, cost function analysis, demand for economic resource-marginal productivity theory, linear programming application to agricultural resource allocation problem with actual data.