Price theory and techniques for predicting price behavior of general economy and price behavior of individual agricultural products will be analyzed. Role of prices in the economic system, market structure, demand and supply of agricultural products, elasticities, market prices, price index numbers, and time-series analysis. An analysis of the factors affecting the prices of agricultural products and a study of the behavior of these prices, seasonal and cyclical price movement; government activities relating to agricultural prices, marketing margins and prices paid.  It provides practice in the application of economics and statistics to agricultural price analysis.