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AGEC 364: Agricultural Marketing
3.00 Credits
The University of Tennessee-Martin
The American marketing system. Alternative market function of the marketing system. Commodity futures problems. Current marketing problems and possibilities for improvement. Prereq: AGEC 110 or ECON 202.
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AGEC 375: Environmental and Agricultural Law
3.00 Credits
The University of Tennessee-Martin
Survey of law and its application to agricultural and natural resource management. Property, contracts, torts, drainage and water rights. Environmental law, land tenure, employment, forms of business organization, estate planning, regulatory law and other selected topics. (Same as NRM 375)
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AGEC 375 - Environmental and Agricultural Law
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AGEC 385: Agribusiness Market Planning
3.00 Credits
The University of Tennessee-Martin
Preparation of an executive summary and presentation of an agribusiness marketing plan. The product can be used for competition at the local and national levels of the National Agri-Marketing Association. The agribusiness marketing plan involves a rigorous examination of a product, its market, the competition, the plan for market development and a financial analysis of the plan's profitability. May be repeated for up to six hours of credit.
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AGEC 385 - Agribusiness Market Planning
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AGEC 386: Advanced Agribusiness Market Planning
3.00 Credits
The University of Tennessee-Martin
Preparation of an agribusiness marketing plan and actual presentation in competition at the local and national levels of the National Agri-Marketing Association. Includes trips to Memphis and the National Convention. The presentation includes many hours of rehearsal and refinement and preparation for answering questions of Judges. May be repeated for up to six hours of credit.
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AGEC 386 - Advanced Agribusiness Market Planning
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AGEC 395: Farm Real Estate Appraisal
3.00 Credits
The University of Tennessee-Martin
Methods of valuing and appraising farm real estate, farm real property law and gathering appraisal data. Income capitalization, sales comparison or market value, inventory or cost approaches to farm valuation. Valuation of buildings, insurance, tax, farm loan and condemnation appraisals and estate planning.
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AGEC 395 - Farm Real Estate Appraisal
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AGEC 401-402: Research Participation
3.00 Credits
The University of Tennessee-Martin
(3, 3) Application of the scientific method and techniques of research to investigation of problems in major subject areas of agricultural economics. Restricted to students with demonstrated ability to conduct a supervised research problem. Taught only by arrangement prior to registration.
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AGEC 401-402 - Research Participation
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AGEC 445 (645): Natural Resources Economics
3.00 Credits
The University of Tennessee-Martin
Economic, social and political factors involved in conservation and utilization of natural resources. Discussion of investment criteria including benefitcost analysis, multi-objective planning externalities and welfare economics. Impact of outdoor recreation, aesthetics and other non-market considerations associated with resource development. Students are required to write reports and give oral presentations. Prereq: ECON 202.
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AGEC 445 (645) - Natural Resources Economics
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AGEC 465 (665): Agricultural Finance
3.00 Credits
The University of Tennessee-Martin
Analysis of capital requirements and investments of farm and agribusiness firms. Evaluation of credit needs and repayment capacity. Leverage, liquidity and risk management. Sources and uses of credit. Agribusiness financial record keeping and interpretation of financial statements. Prereq: AGEC 110 or ECON 202.
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AGEC 465 (665) - Agricultural Finance
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AGEC 471 (671): Agricultural Management
3.00 Credits
The University of Tennessee-Martin
Principles and procedures for determining most profitable farm organization and system of operation. Nature of managerial processes. Records and their uses and budgeting procedures. Operations of firms selling farm supplies and merchandising agricultural products. Application of microeconomic theory to the problems of resource allocation, enterprise selection and scale of operation of agricultural firms. Prereq: AGEC 110 or ECON 202.
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AGEC 471 (671) - Agricultural Management
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AGEC 485 (685): Mathematical Economics for Agriculture
3.00 Credits
The University of Tennessee-Martin
Optimization, including mathematical programming, Lagrangean functions and existence of optimal solutions. Static economic models, including input-output analysis, constrained production sets, nonlinear models and general equilibrium models. Dynamic economic models, including balanced growth models, optimal growth models and stability analysis. Course may include some instruction in underlying mathematics for models. Emphasis will be applications in agriculture. Prereq: MATH 160, ECON 201 and 202.
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AGEC 485 (685) - Mathematical Economics for Agriculture
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