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The module of Agricultural Production Economics and Applied Econometrics is designed for helping students to learn advance the study of agricultural production economics and to learn the econometrics applied to agricultural sector. It is divided into two main parts: Agricultural Production Economics and Applied econometrics. The Agricultural Production Economics focuses on food industry, agricultural production and demand, agricultural products marketing, farm service sector, food and economic development government involvement in agriculture. The applied econometrics focuses on enabling students at undergraduate levels to start being familiar with basic concepts of empirical analysis for potential applications in their future. More specifically, teaching in this component is to enable students understand the practical and theoretical foundation of regression analysis; cope with practical consequences related to hypothesis violation of specified models such as Multicollinearity, Heteroscedasticity, and Autocorrelation; to specify and estimate an econometric model based on agricultural economics theory through assignments; and introduce students to the application of the SPSS 17.0 for windows for data processing and analysis.