A study of economics principles with special emphasis on their applicability and current utilization in the field of agriculture. The principles of economics and their use in sustaining or questioning current economic policy will be a central theme of this course. For each unit of credit, a minimum of three hours per week with one of the hours for class and two hours for studying/preparation outside of class is expected.
For each unit of credit, a minimum of three hours per week with one of the hours for class and two hours for studying/preparation outside of class is expected.
The agriculture program at SCCC provides opportunities to further each student’s knowledge of and skills in agricultural operations.
Outcome #1: Read with comprehension, be critical of what they read, and apply knowledge gained from their reading to broader issues of the day.
Outcome #4: Demonstrate mathematical skills by using a variety of techniques and technologies.
Outcome #5: Demonstrate the ability to think critically by gathering facts, generating insights, analyzing data, and evaluating information.
Upon completion of this course, students will:
- Describe basic micro- and macro-economic principles involved in the production of food and fiber including consumer choice, supply, demand, competition, market regulation, and single/variable level inputs.
- Examine agriculture’s role in state, national, and international economics.
- Recognize international economic policy’s role in world food supply and demand.
- Describe the role and functions of the US Farm Credit System.
- Discuss US rural development and rural natural resources.
- Introduction to the Economics of Agriculture
- The Economics of Production
- The Costs of Production
- Profit Maximization
- Optimal Input Selection
- Optimal Output Selection
- Consumer Choices
- Supply
- Demand
- Markets
- Government Policies
- The Competitive Firm
- Market Power
- Agriculture and the Global Economy
- Economics, Agriculture, and the Environment
- Agribusiness Management
- Lecture
- In-class discussion
- Course textbooks
- Class handouts
- Web-based materials
- SCCC Outcome #1 will be assessed and measured by chapter quizzes.
- SCCC Outcome #4 will be assessed and measured by exams.
- SCCC Outcome #5 will be assessed and measured by a final exam.
SCCC Policy
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Seward County Community College (SCCC) is committed to ensuring digital and physical accessibility for all students, in compliance with the Americans with Disabilities Act (ADA) and Section 504 of the Rehabilitation Act. In alignment with the U.S. Department of Justice Title II accessibility compliance deadlines, SCCC continues to enhance the accessibility of its instructional materials, technology, and online content.
SCCC utilizes tools to evaluate and improve the accessibility of digital course content and help the College reach its compliance goals.
If you need support or academic accommodations due to a documented disability, please contact the Mental Health Counselor at 620-417-1106 or visit the Student Success Center in the Hobble Academic Building, Room A149.
To promote equal access, SCCC strives to provide captions and transcripts for all course videos and multimedia materials. If you encounter any issues with captions, transcripts, or other accessibility features in this course, please notify your instructor immediately so the issue can be addressed and corrected as quickly as possible.
SCCC remains committed to creating a learning environment that ensures all students can fully participate in academic programs and college activities.