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Course Criteria
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3.00 Credits
Application of mathematical programming to agribusiness and farm planning, including enterprise selection, resource allocation, least cost ration formulation, decision making under risk and uncertainty, transportation and location problems. Emphasis placed on modeling problems and interpretation of results. Restricted to junior standing or consent of instructor.
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3.00 Credits
The focus is on the measurement and interpretation of factors affecting agricultural prices. Methods to analyze the seasonal, cyclical, and trend components of commodity prices are presented. Formal forecasting techniques, including an introduction to statistical and regression methods, are used and explained. Emphasis is placed on the presentation, communication, and evaluation of forecasts in a business environment. Students are given an opportunity to perform applied price analysis and present the results. Prerequisite: ABE 318, 362 or equivalent.
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3.00 Credits
Examination of agribusiness firm management with emphasis on the management and control of financial resources and the interrelationship between the agribusiness firm and human resource management. Other topics in agribusiness will include effective communication in the management process, business ethics, and workable credit programs for customers. Prerequisite: ABE 351 and 360 or equivalent.
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3.00 Credits
Advanced treatment of marketing issues from both theoretical and practical decision-making perspectives. Marketing margins, intertemporal, and spatial price relationships are reviewed in detail. Historical and current grain and livestock price series are utilized in decision-making exercises. Prerequisite: ABE 362 or equivalent.
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3.00 Credits
Application of Industrial Organization and Strategic Management (Competitive Strategy) principles to address economic and managerial issues related to agriculture and food industries. Particular emphasis on applying those principles to explain structural changes taking place in the agriculture and food supply chain in the United States. Prerequisite: ABE 204, 350 or 360, Economics 240.
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3.00 Credits
(Same as FOR 471, GEOG 470, SPCM 470, ZOOL 470) Application of concepts from the biological, physical and social sciences, economics, humanities and law, used to understand the interdisciplinary complexities of environmental issues. Students will develop and demonstrate problem-solving skills as part of a team analyzing a regional environmental issue. Team-taught seminar style discussions. Prerequisite: Plant Biology 301I and admission to Environmental Studies minor program.
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3.00 Credits
Social science research methodology in agriculture, including defining research problems, hypothesis formation, specification of research design, survey methodology, source of data and development of research proposals. Prerequisite: Educational Psychology 506 or equivalent.
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3.00 Credits
A survey of applied techniques and procedures for developing and evaluating agricultural economic research models with an emphasis on multiple regression and time-series models. Prerequisite: Educational Psychology 506 or equivalent.
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3.00 Credits
(Same as ABE 444) Students are introduced to economic growth and development theory at an intermediate level. Topics include trends in development in North America and study of theories. The economic theories covered address how growth occurs in developed economies including classical and neoclassical, central place and endogenous growth theories among others. Prerequisites: 6 hours of agribusiness or general economics, geography, or consent of instructor.
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3.00 Credits
(Same as ABE 445) Students are introduced to regional economic methods at an intermediate level. Students will learn concepts and tools commonly used in regional and community economic analysis. Students will learn to use regional input-output analysis and more technical regional economic models designed to capture spatial economic variables. Prerequisites: 6 hours of agribusiness or general economics, geography, or consent of instructor.
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