SYLLABUS 95 



I. Introduction the Character of the Problem: 



Agricultural economics the problem of administering price- relationships 

 in the farming business (including its domestic aspects), chap. i. 



II. The Nature of the Price-Making Process: 



a) Meaning of supply and demand (chap, viii, A). 



b) Nature of the market (chap, viii, B). 



c) Function of the market (chap, viii, D). 



III. The Factors of Production: 



a) Services of land and their value, chaps, iii and xi, A. 



b) Services of human beings and their value, chaps, iv and xiii, A. 



c) Services of capital-goods and their value, chaps, v and xiv, A. 



IV. How the Costs of Production Are Determined: 



a) Entrepreneurship, chap. vi. 



b) Managership, chap. vi. 



c) The services of accounts, chap. vii. 



V. How Prices of the Product Are Determined: 



a) Markets for farm products, chaps, viii, C, D, and F, and ii, B. 



b) Methods of selling, chap. ix. 



c) Marketing facilities, chap. x. 



d) Control and regulation, chaps, viii, E, and ix, F. 



VI. Distributing the Income from Agriculture: 



a) The landlord, chaps, xi and xii. 



b) The capitalist, chaps, xiii and xiv. 



c) The worker, chaps, xv and xvi. 



d) The question of a surplus, chap. xvii. 



VII. Consumption as a Part of the Economic Cycle (chap, ii) : 



a) The farmer's standard of living: 

 i) Present consumption. 



2) Canons of economic consumption. 



3) The difficulties in the way of a satisfactory condition I , 



b) Consumption standards of the non-agricultural population and 



their effects upon farming: 



1) Nature of popular demand. 



2) Effects on agriculture. 



3) Means of altering public attitude. 



PRINTED IN THE U.S.A. 



