Module code | LEK 421 |
Qualification | Undergraduate |
Faculty | Faculty of Natural and Agricultural Sciences |
Module content | Price and production function analysis. Input -output, input -input and product -product relationships; profit maximization; the production process through time, economies of size; decision making in agriculture under risk and uncertain circumstances; linear programming. |
Module credits | 24.00 |
Programmes | |
Service modules | Faculty of Economic and Management Sciences |
Prerequisites | LEK 410 and STK 210 |
Contact time | 2 practicals per week, 3 lectures per week |
Language of tuition | Separate classes for Afrikaans and English |
Academic organisation | Agric Econ, Ext + Rural Dev |
Period of presentation | Semester 2 |
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