May 03, 2024  
OHIO University Undergraduate Catalog 2022-23 
    
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OHIO University Undergraduate Catalog 2022-23 [Archived Catalog]

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EQU 2033 - Introduction to Economics for the Equine Business Owner/Manager

The equine industry is now global yet made up of small, individually owned businesses supplying consumers with products and services. Course covers basic economic principles applied to the challenges of equine production, business, and income. Includes study of the reciprocal relationship between the equine industry and the rest of the economy.

Credit Hours: 3
Repeat/Retake Information: May be retaken two times excluding withdrawals, but only last course taken counts.
Lecture/Lab Hours: 3.0 lecture
Grades: Eligible Grades: A-F,WP,WF,WN,FN,AU,I
Learning Outcomes:
  • The student will be able to estimate the value of products and services.
  • The student will be able to apply sound and management decisions.
  • The student will be able to demonstrate knowledge of equine economics in strategic planning.
  • The student will be able to describe the study of economics.
  • The student will be able to relate economic principles to performance.
  • The student will be able to compare the equine industry to other industries.
  • The student will be able to recognize potential income producing markets.
  • The student will be able to explain supply and demand.
  • The student will be able to employ economic concepts.


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