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Course Criteria
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3.00 Credits
Agricultural Cooperatives. (3-0). Credit 3. Historical 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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3.00 Credits
Agribusiness and Food Market Analysis. (3-0). Credit 3. Application of economic and marketing principles to contemporary food and agribusiness marketing; practical marketing management for agribusiness firms; market analysis; and marketing strategy and planning as related to the emerging trends in the global food and agribusiness sector of the economy. Prerequisites: AGEC 317; FINC 341; MKTG 321; and junior or senior agribusiness majors only.
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3.00 Credits
Food and Agribusiness Strategic Market Planning. (3-0). Credit 3. Development of a market plan targeting the food and agribusiness market sector; market analysis; business propositions; action plans for executing the 4 P's (Product, Price, Place, Promotion); monitoring and measurement. Prerequisites: AGEC 314 or MKTG 321 or 409; AGEC 315; junior or senior classification or approval of instructor.
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3.00 Credits
Land Economics. (3-0). Credit 3. Economic, institutional, and physical factors involved in the use and control of natural resources; includes elements of introductory land economics as a discipline, economic foundations of land economics, institutional influences on land use, and the effects of public policy on land use. Prerequisites: AGEC 105 or 3 hours economics; and junior or senior classification.
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3.00 Credits
Rural Entrepreneurship I. (2-2). Credit 3. Strategic planning regarding economic and financial feasibility of rural business ventures; emphasis on processes for developing a comprehensive enterprise analysis; including management information system components; production, marketing, and financial plans; enterprise budget(s); and evaluation of risk management alternatives; and exchanges with "real-world" lenders, entrepreneurs, and other agribusiness management personnel. Prerequisites: AGEC 217; AGEC 317 or concurrent enrollment; AGEC 330 or FINC 409/341; ACCT 209/229; ACCT 210/230; and junior or senior classification; or approval of department head.
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3.00 Credits
Rural Entrepreneurship II. (2-2). Credit 3. Strategic planning regarding feasibility of rural business ventures; emphasis on processes for developing comprehensive economic and financial prospectuses, including enterprise budgets, risk management planning, cash flow budgeting, net worth statements, income budgets, reconciliation statements and shock analysis; and exchanges with "real-world" lenders, entrepreneurs, and other agribusiness management personnel. Prerequisites: AGEC 424; and junior or senior classification.
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3.00 Credits
Agricultural Policy. (3-0). Credit 3. Analysis of the causes, nature, and effects of government participation in agriculture; and interrelationship of the American agriculture and agribusiness sector with the political and economic system, public administration, and interest group representation. Prerequisites: AGEC 105 or 3 hours of economics; ENGL 104; and junior or senior classification.
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3.00 Credits
Macroeconomics of Agriculture. (3-0). Credit 3. Physical and financial linkages between agriculture and the rest of the economy; agriculture's importance to the economy; the determinants of aggregate supply of agricultural products; the organization and performance of financial intermediaries serving agriculture; and the differential effects of national economic policies on agriculture. Prerequisites: AGEC 105 or 3 hours of economics; AGEC 317 or concurrent enrollment; AGEC 429; AGEC 330 or FINC 409/341; and junior or senior classification.
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3.00 Credits
Cases in Agribusiness Finance. (3-0). Credit 3. Financial management of agribusiness firms; advanced topics in financial statement analysis, liquidity management, investment analysis, and capital structure illustrated through examination of agribusiness cases. Prerequisites: AGEC 317; AGEC 340; FINC 341; and junior or senior agribusiness majors only.
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3.00 Credits
Rural Real Estate and Financial Analysis. (3-0). Credit 3. Advanced topics in investment analysis; financial intermediation in agriculture; real estate markets and market analysis; and appraisal valuation. Prerequisites: AGEC 317 (waived for nonmajors); AGEC 330 or FINC 409/341; AGEC 422; ACCT 210 or 230; and junior or senior classification.
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