AES 805

Agricultural Development and Policy

Economic Growth and Economic Development: concepts, measurement and emerging issues including sustainability and wise use of ecosystem services. The Classical, Neoclassical and indigenous growth models; the economics of agricultural policies. Methods for analyzing costs and benefits of price supports, import restraints, and other policies for producers, consumers, and taxpayers. Policy interventions in the Food and Farm Sectors in Nigeria as well as other developing and developed countries including their motivations, policy instruments and consequences for factor owners and related commodity markets.

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