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Course Criteria
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4.00 Credits
Economic theory and empirical analyses are used to study economic development, emphasizing the structural transformation of an economy and the role of public policies in supporting or hindering that process. Topics include growth, determinants of supply and demand, and measuring and evaluating the effects of public policies. Special attention is paid to the role of the agricultural sector, as the home of most productive resources in the early stages of development. Prerequisite: ECON 500 or equivalent.
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4.00 Credits
Same as UP 552. See UP 552.
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2.00 Credits
Examines current regional economic development research topics, methodological issues, and policy debates. Focuses on research design, and students identify questions and effective approaches for their own research papers. Same as UP 553.
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2.00 Credits
Establishes the foundation for better policy research in student projects, theses, dissertations, and journal articles. Students analyze federal programs of their choice, determine where funds are being spent, identify gaps in the scholarly and evaluation literatures, assess new ideas Congress is considering, and propose future research. Covers information sources, data bases, analytical techniques, mapping, and other necessary program analysis skills. Same as UP 554. Approved for S/U grading only.
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2.00 Credits
Examines the theories and limitations of input-output models, sources and weaknesses of the data, and validity of selected impact studies by researchers in universities, government, and the private sector. Combining economic theory, county-level data, and state-of-the-art software, students build an input-output model and carry out a professional impact study. Students pick their topics and regions, think through the economics of a scenario, figure out how to make the scenario mesh with the peculiar economic logic of the input-output model, and complete a regional impact study with a sound knowledge of the inherent theoretical and data issues. Same as UP 555.
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4.00 Credits
Economic theory is used to study both the effects and the causes of public policies in an international context that influence agricultural industries, consumers, and taxpayers. Neoclassical models of government intervention are used to study the welfare effects of income redistribution and stabilization policies and macroeconomic policies as they affect agriculture. Formal models of political economy and public choice are used to analyze the underlying causes of public policy. Emphasis is placed on the political power of interest groups as an explanation of public policy decisions. Prerequisite: ECON 500, and ACE 503 or consent of instructor.
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1.00 - 2.00 Credits
Simulates the peer review process and culminates in submission of a revised paper to an appropriate journal. Designed for students intent on publishing original research, this course combines the formal guidance of research design and writing courses, the opportunity to present and discuss research papers, and the experience of journal submission and editorial review. Emphasis is on social science or policy research in which the regional or spatial dimension is important, such as regional and environmental economics, land use, transportation, and regional developmental planning, and economic and population geography. Students learn about the publication and review process and how to write and interpret referee reports and respond constructively and positively to critical comments. Same as UP 558. Approved for S/U grading only. May be repeated in separate terms to a maximum of 6 hours. Prerequisite: A completed research paper ready to be honed for journal submission.
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4.00 Credits
Seminar intended for Ph.D. students who have completed written preliminary examinations. Develops a comprehensive understanding of the research process. Discussions include identification of research topics, structure of research proposals, review of literature, effective communication, management of research activities, and contributions to scholarly debate. Prerequisite: Consent of instructor.
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2.00 Credits
Application of simple regression methods to problems in agricultural and consumer economics with emphasis on foundational probability, random variable, and distribution concepts, development of the simple, two-variable regression model; estimation of model parameters; hypothesis testing; and prediction. Prerequisite: ACE 261 or equivalent; one of MATH 220, MATH 221, MATH 234.
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2.00 Credits
Application of mathematical programming methods to discrete models in agricultural economics; Kuhn-Tucker theorem, Lagrange multipliers, duality, simplex method as applied to linear and quadratic programming, and input-output analysis models in agriculture. Prerequisite: MATH 124; one of MATH 220, MATH 221, MATH 234.
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