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Course Criteria
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3.00 Credits
[IAI course: AG 901] An introduction to the economics and policies underlying food and fiber production, distribution, and consumption as well as the use of environmental and natural resources. This course is a University Core Curriculum Social Science requirement in lieu of Economics 113.
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1.00 - 10.00 Credits
Credit for on-campus work experience through a cooperative program developed between the department and the Office of Student Work and Financial Assistance. Prerequisite: consent of chair. Mandatory Pass/Fail.
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1.00 - 30.00 Credits
Credit for career related employment based on the evaluation of the documentation of this experience by the Department of Agribusiness Economics. No grade for past work experience. Special approval needed from the chair.
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2.00 Credits
Managing a small acreage as an avocation. Types of decision problems and sources of information.
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3.00 Credits
Statistical methods applied to agribusiness economics, including survey design, sampling, graphic presentation of data, index numbers, statistical inference, basic linear regression and correlation.
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3.00 Credits
The student will enhance their understanding of and ability to apply the principles of economics to the unique problems of the agricultural sector. The course covers the theory of resource allocation with a rural emphasis. The following topics are taken up in a case study framework: production of food and fiber, the agribusiness sector and markets, rural community development, and environmental and natural resource use and conservation. The roles of governmental policy, international trade organizations, and treaties are included throughout the course. Prerequisite: ABE 204.
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3.00 Credits
Focuses on professional Agri-selling and the sales process. Topics include different methods of selling, steps and techniques in the selling process, customer service, sales ethics, consumer behavior concepts and sales management. Critical skills of self-management, communication, and interpersonal values are examined. Opportunities of a career in Agri-selling are surveyed.
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3.00 Credits
Examination of domestic and international policies that affect the production of food products. Topics will include a review of existing and former policies designed for American producers (e.g., commodity programs to support farm income, risk management and conservation of resources). Food safety policies will be examined. In addition, aspects of international trade including policies (NAFTA), practices, and institutions (WTO, World Bank, etc.,) as they relate to access to foreign markets will be reviewed. Prerequisite: ABE 204 or consent of instructor.
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3.00 Credits
Efficient organization and management of a farming operation. Emphasis on crop and livestock selection, management of farm resources, farm budgets and records analysis, and farm leases. Prerequisite: ABE 204 or one course in economics. Student will incur field trip expenses not to exceed $5.
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3.00 Credits
Analysis of the capital structure of agriculture and sources of capital. Credit analysis of agribusiness firms using financial statements, firm growth, capital budgeting, and tax considerations. Prerequisite: ABE 204 or equivalent.
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