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AGEC 3373: Futures and Options Markets
3.00 Credits
University of Arkansas
Theory and mechanics of commodity futures and options markets including trading, margin, fees, etc. Price relationships between cash, futures and options. Fundamental and technical price analysis. Price risk management strategies for producers and users of agricultural commodity marketing plan. Speculative and hedging simulation exercises. Prerequisite: AGEC 1103 or ECON 2023.
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AGEC 3403: Farm Business Management
3.00 Credits
University of Arkansas
Application of economic principles for the profitable organization and operation of the farm business. Focuses upon agricultural production management decision-making tools: budgeting techniques (enterprise, partial, cash flow), balance sheet, income statement, cash flow, investment analysis and risk management. Recommended: AGEC 1103 (or ECON 2023), AGEC 2143, and AGME 2903
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AGEC 3413: Principles of Environmental Economics
3.00 Credits
University of Arkansas
An introductory, issues-oriented course in the economics of the environment. The course will focus on what is involved in how society makes decisions about environmental quality. The environmental issues important to the State of Arkansas and the United States will be emphasized. Prerequisite: AGEC 1103 or ECON 2023. (Same as ENSC 3413)
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AGEC 3503: Agricultural Law I
3.00 Credits
University of Arkansas
Examination of those areas of law especially applicable to agriculture. Fundamentals of contract law, torts law, and property law will accompany discussion of major areas of agricultural law; acquisition and disposal of farmland; farm tenancies; rights and limitations in the use and ownership of farmland; water law; environmental protection; protection of the productivity of agricultural land; and the law of sales and secured transactions in an agricultural context.
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AGEC 3523: Environmental and Natural Resources Law
3.00 Credits
University of Arkansas
Principles of environmental and natural resources law relevant to agriculture, food and the environmental sciences; legal principles relating to regulation of water, air, hazardous substances, land, wildlife, livestock, and water rights. Principles of civil and criminal liabilities and other developing legal and regulatory issues relating to agriculture and natural resources.
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AGEC 400V: Special Problems
3.00 Credits
University of Arkansas
Special studies and readings conducted under the direct supervision of staff members to satisfy the requirements of individual students. May be repeated for up to 6 hours of degree credit.
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AGEC 401V: Internship in Agribusiness
3.00 Credits
University of Arkansas
A supervised practical work experience in an agribusiness firm or a governmental or industrial organization having direct impact on agriculture in order to gain professional competence and insight to employment opportunities. Prerequisite: junior standing. May be repeated for up to 8 hours of degree credit.
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AGEC 401V - Internship in Agribusiness
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AGEC 402V: Special Topics
3.00 Credits
University of Arkansas
Studies of selected topics in agricultural economics not available in other courses.
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AGEC 4113: Agricultural Prices and Forecasting
3.00 Credits
University of Arkansas
Price theory and techniques for predicting price behavior of general economy and price behavior of individual agricultural products will be analyzed. Provides practice in the application of economics and statistics to agricultural price analysis. Lecture 2 hours, laboratory 2 hours per week. Prerequisite: AGEC 1103 (or ECON 2023), AGEC 2403, (introductory statistics AGST 4023 or STAT 2303 or WCOB 1033) and MATH 2053.
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AGEC 4143: Agricultural Finance
3.00 Credits
University of Arkansas
Methods and procedures whereby agricultural firms acquire and utilize funds required for their successful operation. Emphasis is placed upon role of finance and financial planning and consideration is given to an understanding of financial firms serving agriculture. AGEC 2143 or WCOB 1023 is recommended. Prerequisite: AGEC 1103 (or ECON 2023) and AGEC 2103 (or ECON 2013).
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