{"id":24,"date":"2015-09-17T17:11:56","date_gmt":"2015-09-17T17:11:56","guid":{"rendered":"http:\/\/localhost\/developmentstudies\/production-ecomomy\/"},"modified":"2015-09-17T17:11:56","modified_gmt":"2015-09-17T17:11:56","slug":"production-ecomomy","status":"publish","type":"page","link":"https:\/\/www.cssh.sua.ac.tz\/developmentstudies\/production-ecomomy\/","title":{"rendered":"Production Ecomomy"},"content":{"rendered":"<h3><i>AEA 201: Production Economics (1 Credit; 25Lect. 10Sem. 0Pract.)<\/i><\/h3>\n<p>\u00a0<\/p>\n<p align=\"justify\">Prerequisite: AEA 101 &amp; MB 100Content:<br \/> Different forms of production functions, production decisions: marginal analysis in factor-product relationship, factor-factor relationship and product-product relationship. Production costs, cost functions, profit maximization principles, principles of economies of scale. Principles of unconstrained and constrained optimization. Measures of technical, allocative and economic efficiency. Time, risk and uncertainty in production decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AEA 201: Production Economics (1 Credit; 25Lect. 10Sem. 0Pract.) \u00a0 Prerequisite: AEA 101 &amp; MB 100Content: Different forms of production functions, production decisions: marginal analysis in factor-product relationship, factor-factor relationship and product-product relationship. Production costs, cost functions, profit maximization principles, principles of economies of scale. Principles of unconstrained and constrained optimization. Measures of technical, allocative [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":96,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-24","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Production Ecomomy - Department of Development and Strategic Studies | Sokoine University of Agriculture<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cssh.sua.ac.tz\/developmentstudies\/production-ecomomy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Production Ecomomy - Department of Development and Strategic Studies | Sokoine University of Agriculture\" \/>\n<meta property=\"og:description\" content=\"AEA 201: Production Economics (1 Credit; 25Lect. 10Sem. 0Pract.) \u00a0 Prerequisite: AEA 101 &amp; MB 100Content: Different forms of production functions, production decisions: marginal analysis in factor-product relationship, factor-factor relationship and product-product relationship. 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