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AGEC Course Descriptions

-A list of prerequisites can be found here

AGEC 105 - Introduction to Agricultural Economics
Characteristics of our economic system and basic economic concepts; survey of the farm and ranch firm and its organization and management; structure and operation of the marketing system; functional and institutional aspects of agricultural finance; government farm programs.

AGEC 217 - Fundamentals of Agricultural Economic Analysis
Relates contemporary agribusiness issues to economic and financial management concepts, principles, and tools, illustrating and enhancing their integration toward pragmatic applications in the agricultural industry; lab focuses on the integration of mathematics and economics with computer skills, with particular attention directed toward spreadsheets, databases, web pages, and communications software.

AGEC 314 - Marketing Agriculture and Food Products
General introductory course covering operations involved in movement of agricultural commodities from farmer to consumer; essential marketing functions of buying, selling, transportation, storage, financing, standardization, pricing and risk bearing.

AGEC 315 - Food and Agricultural Sales
Principles of professional sales techniques used in food and agricultural firms; develop a professional sales presentation; study current agribusiness industry professional salespersons.

AGEC 317 - Economic Analysis for Agribusiness Management
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.

AGEC 325 - Farm and Ranch Management
Agribusiness managerial decisionmaking and analysis in different market environments; emphasis on profit maximization; lab focuses on using computerized methods for evaluating management alternatives for farming and ranching problem situations.

AGEC 330 - Financial Management in Agriculture
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.

AGEC 340 - Agribusiness Management
Systematic analysis of agribusiness firm-level decision-making using a broad array of management concepts, managing agribusiness firms and their unique problems and opportunities, exposure to decision-making in agribusiness environment.

AGEC 344 - Food and Agricultural Law
Legal problems relevant to agribusiness; torts, fencing laws, liability for agricultural pollution, irrigation water rights, corporations and partnerships.

AGEC 350 - Environmental and Natural Resource Economics
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.

AGEC 401 - Global Agri-Industries & Markets: Study Abroad
Understanding agri-industries and markets; analysis of production; importing; exporting; provides classroom experience with an exposure to a variety of global cultures in an international setting.

AGEC 402 - Survey of International Agricultural Economics: Study Abroad
Students will examine, from an international setting, the shape of international agriculture; course stresses 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.

AGEC 413 - Agriculture Cooperatives
Historical development and principles of cooperative associations in our economic system; organizational and operational aspects of cooperatives; legal considerations, financing, management and member relations; future role of cooperatives.

AGEC 422 - Land Economics
Economic, institutional, and physical factors involved in the use and control of natural resources; it 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.

AGEC 424 - Rural Entrepreneurship I
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 financing plans; enterprise budget(s); and evaluation of risk management alternatives; exchanges with ‘real-world’ lenders and other agribusiness management personnel.

AGEC 425 - Rural Entrepreneurship II
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; exchanges with ‘real-world’ lenders and other agribusiness management personnel are included.

AGEC 429 - Agricultural Policy
Analysis of the causes, nature and effects of government participation in agriculture; interrelationship of the American agriculture and agribusiness sector with the political and economic system, public administration and interest group representation.

AGEC 430 - Macroeconomics of Agriculture
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.

AGEC 432 - Rural Real Estate and Finance Analysis
Advanced topics in investment analysis; financial intermediation in agriculture; real estate markets and market analysis; and appraisal valuation.

AGEC 447 - Food and Agricultural Price Analysis
Factors influencing the level of food and agricultural prices; price trends and seasonal variation; methods of forecasting demand and prices; and futures trading.

AGEC 448 - Agricultural Commodity Futures
Activities of commodity futures exchanges, the mechanics of trading futures contracts and the use of futures trading for hedging and forward pricing; options, basis behavior and hedging strategies for selected commodities.

AGEC 452 - International Trade and Agriculture
Changing role of U.S. agriculture in a dynamic world economy; national and international policies and institutions affecting agriculture; exchange rates, tariffs, and non-tariff barriers.

AGEC 453 - International Agribusiness Marketing
Basic competencies in international marketing of agri-foods; market entry, pricing, payment, finance, and promotion.

AGEC 481 - Seminar
Role of social scientist in agricultural industry; professional opportunities and responsibilities; individual investigations and reports; discussions with prominent leaders in the field.

If you need clarification on this topic, send email to the Department of Agricultural Economics Undergraduate Office.


 

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