Where are you going in Hands-On Econ?

1.  Consumption Choices

A. Choosing Between Consuming 2 Goods

B. The Choice Between Income and the

Amount of Goods you Consume

2.  Production Choices

A.  The Choice Between 2 Inputs

B. The Choice Between 2 Outputs

C. The Choice Between Input

and Output Levels

3.  Prices

A.  Supply

B. Demand

C. Equilibrium

4.  Agricultural Policy

A.  Economic Welfare Theory

B.  International Agricultural Trade

i. Loan Rate and Export Subsidy

ii. Ad Valorem Import Tariff

iii. Import Quota

iv. The Variable Levy in the EU

v. Export Tax

vi. Exchange Rate Effect on Exports

C.  Domestic Policies

i. Subsidization of a Factor of Production

ii. Marketing Quota

iii. Production Quota

iv. Loan Rate

v. Acreage Reduction Program

vi. Target Price/Deficiency Payment Program