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AREC 250: Elements of Agricultural and Resource Economics
3.00 Credits
University of Maryland-College Park
An introduction to economic principles of production, marketing, agricultural prices and incomes, farm labor, credit, agricultural policies, and government programs.
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AREC 306: Farm Management
3.00 Credits
University of Maryland-College Park
The organization and operation of the farm business to obtain an income consistent with family resources and objectives. Principles of production economics and other related fields as applied to the individual farm business.
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AREC 332: Introduction to Natural Resource Policy
3.00 Credits
University of Maryland-College Park
Prerequisite: AREC240. Credit will be granted for only one of the following: AREC432 or AREC332. Formerly AREC432. Development of natural resource policy and analysis of the evolution of public intervention in the use of natural resources. Examination of present policies and of conflicts between private individuals, public interest groups, and government agencies.
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AREC 365: World Hunger,Population,and Food Supplies
3.00 Credits
University of Maryland-College Park
An introduction to the problem of world hunger and possible solutions to it. World demand, supply, and distribution of food. Alternatives for leveling off world food demand, increasing the supply of food, and improving its distribution. Environmental limitations to increasing world food production.
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AREC 382: Computer-Based Analysis in Agricultural and Resource Economics
3.00 Credits
University of Maryland-College Park
One hour of lecture and three hours of laboratory per week. Prerequisites: MATH111/STAT100 or equivalent; and ECON200/AREC240/AREC250 or equivalent. Credit will be granted for only one of the following: AREC182 or AREC382. Formerly AREC182. Analysis of economic data using computer spreadsheets. Exercises include analyses of forest land shares, farmer willingness to pay, farm production planning, fisheries management, corn prices, and index numbers. Analyses features use of cell formulas, spreadsheet functions, Excel's Data Analysis Tool and Solver. This is a lab course featuring experimental learning.
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AREC 382 - Computer-Based Analysis in Agricultural and Resource Economics
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AREC 386: Experiential Learning
3.00 - 6.00 Credits
University of Maryland-College Park
Prerequisite: permission of department. Junior standing.
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AREC 386 - Experiential Learning
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AREC 388: Honors Thesis Research
3.00 - 6.00 Credits
University of Maryland-College Park
Prerequisite: admission to AGNR Honors Program. Repeatable to 6 credits if content differs. Undergraduate honors thesis research conducted under the direction of an AGNR faculty member in partial fulfillment of the requirements of the College of AGNR Honors Program. The thesis will be defended to a faculty committee.
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AREC 399: Special Problems
1.00 - 3.00 Credits
University of Maryland-College Park
Repeatable to 6 credits if content differs. Concentrated reading and study in some phase of a problem in agricultural and/or natural resource economics.
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AREC 404: Applied Price Analysis
3.00 Credits
University of Maryland-College Park
Restricted to Agricultural & Resource Economics majors (0111C &0111O), Environmental Science and Policy Environmental Economics concentration majors (2299D), and those minoring in Agribusiness Economics (#AG01), Environmental Economics and Policy (#AG02), or Resource and Agricultural Policy in Economic Development (#AG03) Other students will be taken off the hold file on the first day of class as space allows. Prerequisite: ECON306, ECON326 or equivalent. An introduction to the economic analysis of price behavior, with applications to agricultural commodities. The use of price information in the decision-making process, the relation and supply and demand in determining price, and the relation of prices to grade, time, location, and stages of processing in the marketing system.
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AREC 405: Economics of Production
3.00 Credits
University of Maryland-College Park
Restricted to Agricultural & Resource Economics majors (0111C &0111O), Environmental Science and Policy Environmental Economics concentration majors (2299D), and those minoring in Agribusiness Economics (#AG01), Environmental Economics and Policy (#AG02), or Resource and Agricultural Policy in Economic Development (#AG03) Other students will be taken off the hold file on the first day of class as space allows. Prerequisite: ECON306, ECON326 or equivalent. The use and application of production economics in analysis of firm and policy decisions. Production functions, cost functions, multiple product and joint production, and production processes through time.
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