PRODUCTION ECONOMICS

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Course Code: 
AEC 2101
Course Credit Units: 
2
Semester: 
Semester 1
Year of Study: 
Year 2
Undergraduate or Graduate Level: 
Undergraduate Level
Course Discipline: 
Course Description & Objectives: 

Background to the course and stage setting in relation to changing circumstance related to resource use. Analysis of Production with one variable input. Production with more than one factor of production. Understanding Costs and underlying relations. Industry’s supply and factor demand. Optimum resource and enterprise combination

Production Economics
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