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Course Criteria
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3.00 Credits
Credit Hours: 3.00. Content changed as important problems develop. Typically offered Fall Spring. 3.000 Credit Hours Levels: Graduate, Professional, Undergraduate Schedule Types: Lecture College of Agriculture College Agricultural Economics Department
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3.00 Credits
Credit Hours: 3.00. The economic theories behind the predominant approaches to economic development are reviewed. Both the sources of growth and problems in the development process are stressed. Emphasis is on the analysis and evolution of the models supporting the different approaches and the empirical analysis leading to changes in the paradigms. The role of agriculture in the economic development process is one of the topics. Other important issues are technological change, income distribution, structural adjustment, and the debt problem. Prerequisite: ECON 51100, 51200. Typically offered Summer. 3.000 Credit Hours Levels: Graduate, Professional, Undergraduate Schedule Types: Lecture College of Agriculture College Agricultural Economics Department
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3.00 Credits
Credit Hours: 3.00. International trade theory relevant to understanding world agricultural trade and the problems of agriculture in an open economy. Models for analyzing the effects of trade policy and market conditions on the agricultural sector. Welfare analysis of restrictions on trade. Prerequisite: ECON 51100, 51200. Typically offered Spring. 3.000 Credit Hours Levels: Graduate, Professional, Undergraduate Schedule Types: Lecture College of Agriculture College Agricultural Economics Department
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3.00 Credits
Credit Hours: 3.00. Brief presentation of probability concepts, mathematical expectation, probability density and distribution functions as background for studying principles of economic model construction. Emphasis is on econometric single equation models, principles of estimation, the general linear model, tests of hypothesis, confidence interval estimation, and special topics such as errors in the variables, multicollinearity, dummy variables, hetero-scedasticity, autocorrelation and prediction problems. Prerequisite: STAT 51100; ECON 51100 or 60700, matrix algebra. Typically offered Fall. 3.000 Credit Hours Levels: Graduate, Professional, Undergraduate Schedule Types: Lecture College of Agriculture College Agricultural Economics Department
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3.00 Credits
Credit Hours: 3.00. Emphasis is on using advanced econometric techniques. The course covers use of computer software and interpretation and reporting of econometric results. The first part of the course includes general econometric concepts, such as least squares and maximum likelihood estimation, desirable statistical properties, assumptions of the classical linear regression model, Monte Carlo methods, nested and non-nested hypothesis tests. Later, more specialized topics are covered, including multiple equation models, simultaneous equation models, limited dependent variable models, and other topics that are deemed relevant. Prerequisite: AGEC 65000. Typically offered Spring. 3.000 Credit Hours Levels: Graduate, Professional, Undergraduate Schedule Types: Lecture College of Agriculture College Agricultural Economics Department
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3.00 Credits
Credit Hours: 3.00. Recent literature on the theory and application of mathematical programming and agricultural modeling. Model building and analysis techniques with focus on matching solution methods to problems. Prerequisite: AGEC 55200, ECON 61200; a course in matrix alegbra. Typically offered Spring. 3.000 Credit Hours Levels: Graduate, Professional, Undergraduate Schedule Types: Lecture College of Agriculture College Agricultural Economics Department
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2.00 Credits
Credit Hours: 2.00. Focuses on the application of the tools of dynamic optimization to problems in economics. Covers continuous-time and discrete-time dynamic optimization techniques, including the calculus of variations, optimal control theory, and dynamic programming. Applications are drawn from a range of problems in microeconomics and macroeconomics, including current topics in agricultural economics, natural resource economics, and investment theory. Course meets weeks 1 10. Prerequisite: AGEC 65200, ECON 60700. Typically offered Fall. 2.000 Credit Hours Levels: Graduate, Professional, Undergraduate Schedule Types: Lecture College of Agriculture College Agricultural Economics Department
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3.00 Credits
Credit Hours: 3.00. This course is designed to improve students' abilities to estimate and interpret time series models applied to agricultural production, marketing, and utilization. The course begins with univariate models and progresses to multivariate analysis. Alternative uses of time series models in agricultural economics research and analysis will be investigated. In addition, analysis of nonstationary time series and cointegration modeling to examine long and short-run phenomena in agriculture will be covered. Offered in alternate years. Prerequisite: AGEC 65100. Typically offered Fall. 3.000 Credit Hours Levels: Graduate, Professional, Undergraduate Schedule Types: Lecture College of Agriculture College Agricultural Economics Department
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1.00 Credits
Credit Hours: 1.00. A study of approaches successful teachers of agricultural economics use in undergraduate classrooms, starting with course organization and content through giving grades. Each student will critically observe experienced teachers and participate in a thorough microteaching experience. Permission of instructor required. Typically offered Fall. 1.000 Credit Hours Levels: Graduate, Professional, Undergraduate Schedule Types: Lecture College of Agriculture College Agricultural Economics Department
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3.00 Credits
Credit Hours: 3.00. Addresses the institutional setting, business climate, and structure of the food and agricultural markets. Encompasses both the domestic and international dimensions of the food chain, including consumer demand, global sourcing, and worldwide production potential. Focuses on managerial economics, as applied to such topics as food system market structure, the nature and dimensions of domestic and global competition, the components of cost and revenue, and the food system value chain. MS-MBA in Food and Agribusiness majors only. Prerequisite: EMBA Food Agr Business majors only. Permission of department required. Typically offered Fall. 0.000 OR 3.000 Credit Hours Levels: Graduate, Professional, Undergraduate Schedule Types: Distance Learning, Lecture College of Agriculture College Agricultural Economics Department
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