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Course Criteria
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3.00 Credits
Economic models of optimization as they apply to firm-level production decisions. Topics include the properties of production functions, theories of linear and non-linear optimization, firm decision making under perfect and imperfect competition and firm decision making under uncertainty. Prerequisites: ECON 3020, STAT 2050 and MATH 2350.
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3.00 Credits
Covers mathematical programming and simulation techniques for solving applied problems in agricultural economics. Emphasizes the formulation of economic research problems in quantitative terms and the use of computer software packages to derive solutions. Prerequisites: ECON 3020, STAT 2050 and MATH 2350.
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3.00 Credits
Examines how to use negotiation to resolve conflict. Describes conflict; outlines way to address conflict; examines different negotiation strategies and the impact of cognitive bias, power, ethics, and individual and cultural differences; and explores mediation practices. Students complete negotiations, role-plays, and questionnaires. Dual listed with AGEC 4450. Prerequisite: COJO 1010 and junior standing.
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3.00 Credits
Focuses on using an analytical perspective for maximizing joint gains between negotiators. The student will learn analytical techniques to prepare for negotiation, evaluate options and proposals during a negotiation, and evaluate negotiated outcomes with respect to maximization of joint gains and fairness criteria. Cross listed with ENR 5550. Dual listed with AGEC 4550. Prerequisites: Completion of QA.
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3.00 Credits
Analysis of regions and rural communities; their problems, socioeconomic characteristics, land use and economic development. Provides training in regional economic theory, regional economic analysis, fiscal impact analysis and benefit cost analysis. Prerequisite: ECON3010, 3020 and MATH1400; or consent of instructor.
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3.00 Credits
An in-depth treatment of theoretical issues, quantitative techniques, and institutional arrangements in the natural resource field. Topics include welfare economics, property rights, market failure and externalities, and benefit cost analysis. Prerequisites: ECON 3010 and 3020, STAT 2050 and MATH 2350.
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3.00 Credits
Focuses on the broad methods, and written and oral communication of research in applied economics. Topics include formulating a research question, organizing a manuscript, editing for clarity and conciseness, building effective figures and tables, finding and citing literature, developing and delivering effective presentations, and upholding research ethics. Prerequisites: Graduate standing
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3.00 Credits
Community development from an interdisciplinary perspective, integrating theory, concepts and methods from sociology, economics, political science, and community development. Students learn how community theory can be used to design and support effective economic development programs. Includes readings, lectures, guest lectures, field trips and community analysis projects. Dual listed with AGEC 4660. Prerequisite: AGEC/ECON 1020 or SOC 2090 and junior standing.
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3.00 Credits
Theoretical foundations of the study of agricultural markets and how business is conducted in those markets. Topics include pure competition, industrial organization concepts related to imperfect competition including game theory, principal-agent theory, transaction costs economics, intermediary theory, and welfare implications of alternative agricultural market structures. Prerequisites: ECON 3020 and MATH 2350.
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3.00 Credits
Focuses on microeconomic consumer theory and its application. Topics include utility theory, market demand theory, expected utility theory, and econometric applications. Prerequisites: ECON 3020, MATH 2350 and STAT 2050.
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