Unformatted text preview: Microeconomics • The study of the choices individual s(consumers or producers) make • The study of interaction of individual households and firms in markets • Macro = study of the economy at a society level (inflation, unemployment, economic growth, etc.) What is Agricultural Econnomics • The study of economics as it applies to provisioning of food and fiber, natural reseource; environmental management, and rural community development Final: Saturday may 5 10:05...
View Full Document
- Spring '07
- Economics, Rural community development, individual interests Microeconomics, Command- health care