AEB 301 Introduction To Agricultural Economics Exam 2015
About this paper
AEB 301: Wants and needs, natural factors, population and economic growth, production relationships, indifference curves, circular flow, trade and price policy.
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University of Buea
Faculty of Agriculture and Veterinary Medicine - FAVM
Introduction To Agricultural Economics
Exam · First Semester · Level 300
From this paper
- a.
Explain what you understand as human wants and needs. (5 marks) b) Briefly explain how any two natural factors, affect the location and type of agricultural systems. (5 marks) c) Define population growth and describe how it can be measured. (5 marks) d) List five (5) effects of economic growth. (5 marks) e) Differentiate between micro and macro-economics, and inductive and deductive logics. (5 marks)
- a.
Explain the different input-output relationships in the production function. (12.5 marks) b) Explain consumer maximization by the use of indifferent curves. (12.5 marks)
At a glance
- Course code
- AEB301 (AEB 301)
- Type
- Exam
- Year
- 2015
- Level
- Level 300
- Semester
- First Semester
- Proposed solution
- Included
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