Ag
Ec Home Course
Description 
Best if printed in landscape.
Reference Topics
This page will be used like an index to find brief description of economic and management topics addressed in the course.
Business Planning, Strategic or Long-Run (this is a multi-page web site)
Business Structures/Organizations (exit this site)
Capitalizing
Future Earnings
Characteristics
of Perfect and Imperfect Competition
Citing
References in your Writing
Comparative
advantage and specialization
Competition, Level of
Cost (Fixed, Variable, Marginal)
Cost
v. Cash Outflow
Demand,
Determinants
Demand, Law of (exit this site)
Depreciation
Determinants
of Demand and Supply
Diminishing
Marginal Productivity
Discounting Future Payments to Present Value
Economic Resources (and case study)
Economies
of Size
Employees
-
MInimum Wage and Overtime
- Position Description, Example of
- Responsibility Review, Documenting a
Enterprise Analysis/Budget
- Description
- Sample format
- Example of completed enterprise budget
- Description of an Integrated Enterprise Analysis
- Strong example prepared by a student -- memo and spreadsheet
Financial statements (these links exit this site)
- Income Statement -- Iowa State, Ag Decision Maker; FAST (U. of Ill.)
- Net Worth Statement (balance sheet) -- Iowa State
- Cash Flow Budget -- Iowa State
- Financial
Performance Measures
- Iowa State: Financial Performance Measures
- NDSU: Financial Characteristics of North Dakota Farms 2007-2008
- Collective Review of Financial Statements
- Example of Business Transactions Impact on Financial Statements
Fixed and Variable Costs
Imperfect Competition, Characteristics
Income Statement (exit this site) -- Iowa State, Ag Decision Maker; FAST (U. of Ill.)
Law of Demand (exit this site)
Marginal Cost and Revenue
Negotiating
Opportunity
Cost
Partial
Budget Analysis, Introduction
Perfect Competition, Characteristics
Production Theory
- Introduction (how much to produce)
- Diminishing marginal productivity
- Short-run v. long-run analysis
- Fixed inputs and variable inputs
- Production function
- Stages of production
- Profit maximizing level of production
- Marginal value product and marginal input cost
- Demand for the variable input
- Defining and determining cost
- Profit maximizing level of production
(again)
- Marginal cost and marginal revenue
- Supply of the output (product)
- Loss minimization
- How to produce
- What to produce
- Summary and Implications
Profit -- accounting and economic
Profit Maximization
Strategic
or Long-run Business Planning
Supply,
Determinants
Time
Value of Money
Valuing
a Long-term (Capital) Asset
"Works
Cited" Guidelines
Last Updated December 5, 2010
Email: David.Saxowsky@ndsu.edu
This material is intended for educational purposes only. It is not a substitute for competent professional advice. Seek appropriate advice for answers to your specific questions.
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