Undergraduate Course Offerings
| AEC Classes Offered in the | ||
|---|---|---|
| Fall Semester | Spring Semester | Summer Semester |
| AEC 101, AEC 302, AEC 303, AEC 305, AEC 309, AEC 311, AEC 313, AEC 317, AEC 320, AEC 324, AEC 399, AEC 422, AEC 441G, AEC 471, AEC 479, AEC 545, AEC 580 | AEC 101, AEC 302, AEC 303, AEC 305, AEC 316, AEC 399, AEC 422, AEC 424, AEC 445G, AEC 471, AEC 479, AEC 490, AEC 510, AEC 532, AEC 580 | AEC 399, AEC 580 |
- AEC 101 - The Economics of Food and Agriculture (3).
- An introduction to the field of agricultural economics and some of the basic tools and concepts of decision making. Concepts are illustrated in terms of selected current social and economic issues including the role of agriculture in both a national and international dimension. (Spring, Fall)
- AEC 300 - Topics in Agricultural Economics (1-3).
- Study in special topics in agricultural economics. May be repeated under a different subtitle to a maximum of 6 credits. A course may be offered twice under a given subtitle. Lecture 1-3 hours, laboratory 0-6 hours per week. Prereq: AEC 101, ECO 201.
- AEC 302 - Agricultural Management Principles (4).
- A comprehensive study of economic principles and management tools useful in farm and agribusiness decision making. Utilizes a systems approach to the planning, implementation and control of the agricultural business. Specific attention to application of management and decision theory, economic principles used in decision making, and risk management strategies. Emphasis on planning the future course of the business, acquiring and managing the necessary resources, and establishing physical and financial control over the business. Lab incorporates microeconomic applications of management principles developed in lectures. Prereq: AEC 101, ECO 201, MA 123 or 113. (Spring, Fall)
- AEC 303 - Microeconomic Concepts in Agricultural Economics (3).
- Emphasis on the development of theoretical models of production and consumption economics and application of these models to problems. The importance of concepts marginality to managers and consumers is emphasized. Role of risk and uncertainty in resource allocation is outlined. Prereq: AEC 101, ECO 201, MA 123 or 113. (Spring, Fall)
- AEC 305 - Food and Agricultural Marketing Principles (3).
- Analysis of the market's role in determining prices and coordinating productive activities in the food and agricultural systems. Prereq: AEC 101, ECO 201. (Spring, Fall)
- AEC 309 - International Agriculture, World Food Needs and U.S. Trade in Agricultural Products (3).
- Present and projected world food/population balance by geographic regions; food production and world trade in agricultural products with an emphasis upon the implications for U.S. agriculture; an introduction to agricultural development problems of the less developed nations of Latin America, Africa, and Asia, Prereq: AEC 101 or equivalent. (Fall)
- AEC 311 - Livestock and Meat Marketing (1).
- Provides students with a comprehensive look at the unique characteristics of the marketing system for livestock. Problems in both the feeder animal sector and the fed animal sector will be considered. Lecture for three hours per week for one-third of the semester. Prereq: AEC 305. (Fall)
- AEC 313 - Tobacco Marketing (1).
- Analysis of the structure of the production and marketing system for tobacco including institutions and public regulation. Application of marketing methods and principles to tobacco. Lecture for three hours per week for one-third of the semester. Prereq: AEC 305. (Fall)
- AEC 316 - Cooperative Management and Marketing (1).
- This course provides knowledge about the unique features of cooperatives and their role in a market economy and examines the structure organization, finance, management, and operations of cooperative organizations. Prereq: AEC 305. (Spring)
- AEC 317 - Marketing Horticultural Products (1).
- This course examines the market structure and institutions associated with horticultural and nursery product markets within the context of formulating and evaluating alternative, firm-specific marketing strategies. Prereq: AEC 305. (Fall)
- AEC 320 - Agriculture Product Marketing and Sales (3).
- This course examines marketing activities within the U.S. food system. Sector performance is considered as well as the competitive behavior of firms within various agricultural market channels. Firm level marketing principles, methods, and strategies are considered, with a special focus on developing effective sales programs for agricultural products. Prereq: AEC 305. (Fall)
- AEC 324 - Agricultural Law (3).
- A study of legislation, administrative regulations, constitutions and court cases that have economic ramifications on agricultural and rural life. Prereq: AEC 101. (Fall)
- AEC 399 - Experiential Learning in Agricultural Economics (1-6).
- A field or community-based experience in the application of economics to agricultural and rural problems. May be repeated with a maximum of six credits allowed. Pass/Fail only. Prereq: AEC 101, nine hours in agricultural economics or economics, and permission of instructor, department chairperson, and completion of learning agreement prior to registration. (Spring, Fall)
- AEC 422 - Agribusiness Management (3).
- Examines and analyzes decision-making tools and problem-solving techniques available to agribusiness managers. Provides learning experience in addressing contemporary economic, marketing and management issues through case study analyses, selected readings and computerized business simulations. Prereq: AEC 305, MGT 301, FIN 300, MKT 300, and Senior standing in the major. (Fall, Spring)
- AEC 424 - Principles of Environmental Law (3).
- Provides the student with a basic understanding of the principles of United States environmental law. Addresses the framework of the American legal system as it applies to environmental regulation. Covers the sources of environmental law and reviews major federal environmental statutes and judicial decisions addressing specific issues. (Spring) Course approval in process.
- AEC 441G - Agricultural Financial Management (3).
- Applies micro agricultural finance to farm and other agricultural business firms. Reviews elementary mathematics of finance and the objectives of financial management. Uses financial statements, cash flow analysis, financial leverage and other elements in applying the theory of capital investment for making management decisions. Prereq: ACC 202, ECO 201, FIN 300. (Fall)
- AEC 445G - Introduction to Resource and Environmental Economics (3).
- Economic analysis of the problems of assuring resource availability and environmental quality. Theoretical concepts and empirical tools for evaluating resource and environmental policy. Prereq: ECO 201, or consent of instructor. (Spring)
- AEC 471 - International Economics (3).
- The basic exchange model is the most important topic in this course. The exchange model is used to illustrate the gains rom trade, the role of opportunity costs, and the properties of relative prices. Production considerations, the concept of comparative advantage, and the resulting factor rewards are introduced. Trade distortions are introduced and studied from the point of view of protectionism and its consequences. Fixed and flexible exchange rates and the concept of balance of payments are also covered. Prereq: ECO 202. (Same as ECO 471) (Fall, Spring)
- AEC 479 Public Economics (3).
- An application of economic analysis to the study of the role of government. Emphasis is on the reasons for and the effects of government intervention in the economy. Topics covered include: market failure, public goods and externalities, welfare policy, voting and public choice, taxation, public debt and cost-benefit analysis. Prereq: ECO 202 or equivalent. (Same as ECO 479.)(Fall, Spring)
- AEC 490 - Senior Seminar (3).
- An integration of current issues in Agricultural Economics with oral and written communications, problem solving, and research. Major emphasis is on a senior paper and oral presentation. Prereq: AEC 302, AEC 303, AEC 305, ECO 391, and Senior standing in the major. (Spring)
- AEC 510 - International Trade and Agricultural Marketing (3).
- A study of institutional, economic and cultural factors that influence aggregate agricultural trade and exports of individual agribusinesses. Macro issues of agricultural trade policies are examined along with elements of international marketing for agricultural products. Prereq: AEC 305. (Spring)
- AEC 532 - Agricultural and Food Policy (3).
- This course surveys a variety of current public policies that influence the agricultural and rural economies. Students are exposed to the conflicting views of those concerned with food and agricultural policy issues in an international economy. Economic principles are used to evaluate alternatives in terms of the general welfare of society. Prereq: AEC 305. (Spring)
- AEC 545 - Resource and Environmental Economics (3).
- Builds on the principles of economics to analyze the problems of assuring resource availability and environmental quality. Provides the theoretical concepts and empirical tools for evaluating resource and environmental policy with emphasis on sustainability. Prereq: ECO 201. (Fall)
- AEC 580 - Special Problems in Agricultural Economics (1-3).
- Directed independent study of a selected problem. May be repeated to a maximum of six credits. Prereq: Consent of instructor and chairperson of department. (Spring, Summer, Fall)