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Course Criteria
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3.00 Credits
Food and Agricultural Sales. (3-0). Credit 3. Principles of professional sales techniques used in food and agricultural firms; develop a professional sales presentation; study current agribusiness industry professional salespersons. Prerequisite: Junior or senior classification.
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3.00 Credits
Economic Analysis for Agribusiness Management. (3-0). Credit 3. 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: AGEC 217; ECON 323 or 322; STAT 303 or 302 or 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
Principles of Farm and Ranch Management. (2-2). Credit 3. Agribusiness 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 202; junior or senior non-agricultural economics, nonagribusiness majors only; and knowledge of Excel.
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3.00 Credits
Financial Management in Agriculture. (3-0). Credit 3. 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 209 or 229; and junior or senior classification.
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3.00 Credits
Agribusiness Management. (3-0). Credit 3. 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
Food and Agricultural Law. (3-0). Credit 3. Legal 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
Environmental and Natural Resource Economics. (3-0). Credit 3. 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 or approval of instructor.
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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
Global Agri-Industries and Markets: Study Abroad. (3-0). Credit 3. Understanding agriindustries 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
Survey of International Agricultural Economics: Study Abroad. (3-0). Credit 3. 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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