Department of Agricultural Sciences

Lecturer	Farid Rouaibia
Information	- Agronomy Science Engineer Department of Agricultural Sciences Website : https://www.univ-soukahras.dz/en/module/4917 Semester : S2 Unit : UED 1.2 Credit : 1 Coefficient: 1
Content	I. GENERAL INTRODUCTION. - Purpose of the analysis. - Pure and perfect competition. - The consumer and the entrepreneur. II. CONSUMER BEHAVIOUR. - Axioms and definitions. - Analysis in terms of indifference curve. - Optimal allocation of consumer expenditure. - Effects of changing consumer choices. - Changed order of preferences. - Change in income or prices. - From individual to total demand. - Elasticity of demand. III. THE PRODUCTION. - Preliminary definitions. - The production function. - Its construction. - Its properties. - The production function in short period. - Physical productivity of factors. - Factor value productivity. - The long-term production function. IV. PRODUCTION COSTS. - Cost of production in short period. - Isoquants and isocosts. - Cost of production over a long period. - Determinants of cost change. V. THE BEHAVIOUR OF THE ENTREPRENEUR. - Minimisation of production costs. - Prices, sales and receipts. - Maximization of profit. VI. MARKETS AND COMPETITION. - The various types of market. - Partial balance. - Supply and overall demand function. - Short and long term partial balance.
Evaluation	100M EAXAM