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Course Criteria
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3.00 Credits
Building on microeconomic theory, models for regional and urban structure and change are explored. Policy decision models based on advances in economic growth and development, economic structure, land-use, public finance, housing, social welfare, and transportation are developed. Additional coursework is required for those enrolled in the graduate-level course. Dual listed as: APEC 6700
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3.00 Credits
This course focuses on tools used by local and regional economic development specialists as they relate to planning and impact assessment. Specific topics will include I/O models, IMPLAN models, and computable CGE modeling approaches as they are used in a planning environment. Additional coursework is required for those enrolled in the graduate-level course. Dual-listed as: APEC 6710 Repeatable for credit: No Grade Mode: Standard
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3.00 Credits
This course focuses on the identification and analysis of past and current agricultural policy issues. Throughout this process, other applied economics course concepts and methods are brought together to help students understand and analyze policy issues.
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3.00 Credits
This course focuses on the identification and analysis of current natural resource and environmental economic policy issues. Throughout this process, other applied economics course concepts and methods are brought together to help students understand and analyze policy issues.
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3.00 Credits
Covers a variety of topics relating to price analysis for agricultural commodities. Explores econometric and time series modeling and forecasting of agricultural prices. Includes a section on futures and options on futures contracts, focusing on fundamental and technical analysis. Prerequisite/Restriction: APEC 6330/ECN 6330.
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3.00 Credits
This course focuses on risk problems, measurement, and risk management in production economics and agribusiness supply chains. It introduces the use of stochastic simulation and risk analysis. Illustrated applications build upon those used in agribusiness, logistics, food safety, and finance. Repeatable for credit: No Grade Mode: Standard
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3.00 Credits
Provides a rigorous introduction to graduate-level microeconomic theory. While the specific focus is on the theoretical construct of graduate-level microeconomic models, the broad objective of the class is to lay the foundation for empirical applications in microeconomics. To meet this broad objective, the course covers theory of the firm, consumer theory, market structure, theory of public goods and externalities, and welfare economics.
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3.00 Credits
In this course, students apply microeconomic concepts to strategic issues facing agribusiness firms. Topics include supply and demand drivers, market structure, the economics of scale and scope, the boundaries of the firm, and diversification strategies.
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3.00 Credits
This course explores how firms respond to prices, costs, and risk in their management decisions. Decisions on the structure of contracts, the types of insurance, and vertical integration are affected by these aforementioned factors and are examined in the course.
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1.00 - 3.00 Credits
This professional internship is a directed and evaluated educational work experience in agribusiness or applied economics. Internships can be with private firms, local, state or federal agencies, or non-profit organizations. Prerequisite: Instructor approval Repeatable for credit.
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