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Course Criteria
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3.00 Credits
Quantitative methods used to address managerial problems, specifically calculus-based optimization, marginal analysis, elasticities, statistical and forecasting techniques, linear programming, and risk analysis; emphasis on theoretical aspects and applied analysis of managerial problems faced by agricultural firms. Prerequisites: MATH 141; MATH 142; AGEC 17; ECON 33 or 3; STAT 303 or 30or 301 or INFO 303; and junior or senior classification; agricultural economics, agribusiness majors only; or approval of department head.
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3.00 Credits
managerial decision making and analysis in different market environments; emphasis is on profit maximization; lab focuses on using computerized methods for evaluating management alternatives for farming and ranching problem situations. Prerequisites: AGEC 105 or ECON 0; junior or senior non-agricultural economics, non-agribusiness majors only; and knowledge of Excel.
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3.00 Credits
Principles of financial management of farms, ranches, livestock operations, and other agribusiness firms; financial statement analysis, investment analysis, firm growth, risk management, cost of capital, income taxes, business organization, estate planning, legal aspects of borrowing, and sources and terms of agricultural loans. Prerequisites: AGEC 105 or 3 hours of economics; ACCT 09 or 9; and junior or senior classification.
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3.00 Credits
Systematic analysis of agribusiness firm-level decision making using a broad array of management concepts, managing agribusiness firms and their unique problems and opportunities, and exposure to decision making in agribusiness environment. Prerequisites: AGEC 105 or 3 hours of economics; and junior or senior classification.
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3.00 Credits
problems relevant to agribusiness; torts, fencing laws, liability for agricultural pollution, irrigation water rights, corporations and partnerships. Prerequisite: Junior or senior classification.
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3.00 Credits
Inspection of issues such as environmental degradation, population growth, recycling, water use and depletion, natural habitat protection, water and air pollution, acid deposition, fishery management, and global warming; using economically-derived principles and tools. Prerequisite: Junior or senior classification.
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1.00 - 2.00 Credits
Field Studies in Agricultural Economics. Credit 1 to 2. Arranged during spring break or between semesters; field trip to observe operations of agricultural business firms, state and federal agencies and farms and ranches; test on field studies required; additional expenses to be borne by students. Prerequisites: AGEC 105 or 3 hours of economics; and junior or senior classification.
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3.00 Credits
agri-industries and markets; analysis of production; importing; exporting; provides classroom experience with an exposure to a variety of global cultures in an international setting. Course may be repeated 3 times for credit. Prerequisites: AGEC 105 or 3 hours of economics; junior or senior classification or approval of department head.
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3.00 Credits
Examine, from an international setting, the shape of international agriculture; how culture, history, politics and geography in foreign countries affect the production and management of agricultural products; agricultural policy formation; countries' natural resources and competitive strategies. Course may be taken 3 times for credit. Prerequisites: AGEC 105 or 3 hours of economics; junior or senior classification or approval of department head.
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3.00 Credits
development and principles of cooperative associations in our economic system; organizational and operational aspects of cooperatives; legal considerations, financing, management, and member relations; and future role of cooperatives. Prerequisites: AGEC 105; AGEC 314; and junior or senior classification.
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