AEB 5188 Economics of Agribusiness Decisions 3 Credits
Grading Scheme: Letter Grade
Comprehensive treatment of microeconomic theory and its use in managerial decision making.
Prerequisite: AEB 3103 or ECO 2023.
Catalog Program Pages Referencing AEB 5188
AEB 5326 Agribusiness Financial Management 3 Credits
Grading Scheme: Letter Grade
Integration of finance and management decision-making tools to solve advanced financial and other management problems faced by agricultural firms and agribusinesses.
Prerequisite: ACG 2021
Catalog Program Pages Referencing AEB 5326
AEB 5516 Quantitative Methods in Agribusiness Decisions 3 Credits
Grading Scheme: Letter Grade
Introduction to variety of quantitative methods with application to business decision-making contexts.
Prerequisite: STA 2023.
Catalog Program Pages Referencing AEB 5516
AEB 5757 Strategic Agribusiness Human Resource Management 3 Credits
Grading Scheme: Letter Grade
Issues involved in strategic and effective leadership and management in agribusiness sector of economy. Emphasis on human resource ideas and techniques that managers utilize to improve organizational teamwork, productivity, and performance.
Catalog Program Pages Referencing AEB 5757
AEB 6106 Microeconomic Principles and Analysis 3 Credits
Grading Scheme: Letter Grade
Economics as a behavioral science describing actions of consumers and producers interacting in the market process; welfare economics; property rights; competition and equilibrium. Institutional backdrop for market process. Problem solving using economic principles.
Prerequisite: ECO 3101 and MAC 2311 or equivalents.
Catalog Program Pages Referencing AEB 6106
AEB 6145 Agricultural Finance 3 Credits
Grading Scheme: Letter Grade
Principles of firm financial management, financial markets, financial institutions, capital markets, firm growth, and analysis. Emphasis on markets and application of financial principles.
Prerequisite: AEB 3144 or FIN 3403.
Catalog Program Pages Referencing AEB 6145
AEB 6183 Agribusiness Risk Management 3 Credits
Grading Scheme: Letter Grade
Examine and develop the applied risk analysis skills useful for risk management decision-making by agricultural producers, agribusinesses, and researchers.
Catalog Program Pages Referencing AEB 6183
AEB 6225 Public Policy and the Agribusiness Firm 3 Credits
Grading Scheme: Letter Grade
Economic policy process at national and international levels. Issues include structure of food system, food safety, and environmental impacts.
Catalog Program Pages Referencing AEB 6225
AEB 6301 Food Wholesale and Retail Marketing 3 Credits
Grading Scheme: Letter Grade
Wholesale and retail issues that exist both in U.S. and world markets, such as brand management, supermarket management, and market research.
Catalog Program Pages Referencing AEB 6301
AEB 6385 Management Strategies for Agribusiness Firms 3 Credits
Grading Scheme: Letter Grade
Planning, organizing, implementing, and evaluating the agribusiness management functions of strategic planning, finance, marketing, and personnel.
Prerequisite: ECO 3101.
Catalog Program Pages Referencing AEB 6385
AEB 6553 Elements of Econometrics 3 Credits
Grading Scheme: Letter Grade
Econometric problem solving and determining quantitative relationships among economic variables in agriculture and related industries.
Prerequisite: AEB 3103, 4511; STA 3023.
Catalog Program Pages Referencing AEB 6553
AEB 6675 International Agribusiness Marketing 3 Credits
Grading Scheme: Letter Grade
Principles, issues, barriers, policies, strategies, and decisions involved in global marketing and trade of perishable and storable agricultural commodities and food products.
Prerequisite: AEB 5188.
Catalog Program Pages Referencing AEB 6675
AEB 6817 Survey Research Methods for Economists 3 Credits
Grading Scheme: Letter Grade
Process of creating, validating, implementing, coding, and interpreting results from economic surveys.
Catalog Program Pages Referencing AEB 6817
AEB 6905 Problems in Food and Resource Economics 1-3 Credits, Max 8 Credits
Grading Scheme: Letter Grade
Individual study. Problems of interest to the student and agreeable to the instructor.
Prerequisite: consent of instructor.
Catalog Program Pages Referencing AEB 6905
AEB 6921 Workshop in Food and Resource Economics I 1 Credit
Grading Scheme: Letter Grade
Empirical applications of concepts developed in the microeconomic core.
Prerequisite: AEB 6533.
Catalog Program Pages Referencing AEB 6921
AEB 6933 Special Topics 1-6 Credits, Max 6 Credits
Grading Scheme: Letter Grade
Special Topics
Catalog Program Pages Referencing AEB 6933
AEB 6934 Workshop in Food and Resource Economics II 1 Credit
Grading Scheme: Letter Grade
Developing and understanding how to apply food and resource economic concepts to agricultural and resource related problems.
Catalog Program Pages Referencing AEB 6934
AEB 6942 Advanced Applications in Agribusiness Experience 1-3 Credits, Max 6 Credits
Grading Scheme: Letter Grade
Applications of marketing, management, and finance principles to workplace station. Applications developed from approved internship.
Catalog Program Pages Referencing AEB 6942
AEB 6971 Research for Master's Thesis 1-15 Credits
Grading Scheme: S/U
Research for Master's Thesis
Catalog Program Pages Referencing AEB 6971
AEB 7108 Microeconomic Theory II 3 Credits
Grading Scheme: Letter Grade
Continuation of Microeconomic Theory I. Theory of the firm, market theory, market failure (externalities, market power, and asymmetric information). Game theory and applications. General equilibrium theory, welfare trade theory, and agricultural trade policy.
Prerequisite: ECO 7115.
Catalog Program Pages Referencing AEB 7108
AEB 7182 Agricultural Risk Analysis and Decision Making 3 Credits
Grading Scheme: Letter Grade
Review of conceptual framework and research methods for analysis of decision making by agricultural producers. Expected utility theory, risk programming, stochastic dominance, and dynamic decision models.
Prerequisite: AEB 6106 or equivalent.
Catalog Program Pages Referencing AEB 7182
AEB 7184 Production Economics 3 Credits
Grading Scheme: Letter Grade
Producer decisions including theoretical and empirical problems of multi-factor, multi-product, and poly-period cases. Input demand and product supply functions at the commodity and industry levels.
Prerequisite: AEB 7182.
Catalog Program Pages Referencing AEB 7184
AEB 7220 Agricultural Trade Policy and Welfare Economics 3 Credits
Grading Scheme: Letter Grade
Basics of applied welfare economics with applications to trade and agricultural policies in the United States and worldwide. Topics include the economics of biofuels, GMOs, international tariff retaliations, and the ratification of international agricultural trade policies.
Prerequisite: ECO 7115 or consent of instructor.
Catalog Program Pages Referencing AEB 7220
AEB 7240 Macroeconomic Theory in Open Economies II 3 Credits
Grading Scheme: Letter Grade
Essential elements of macroeconomic theory and policy in world of interdependent nations.
Catalog Program Pages Referencing AEB 7240
AEB 7333 Applied Valuation Methods 3 Credits
Grading Scheme: Letter Grade
Focus on the application of valuation methods that are frequently used for the valuation of market and non-market goods and services. We begin from the basic economic theory to derive the willingness to pay (WTP) measures, followed by learning empirical methods that can be used to elicit consumer WTP. Three key methods will be covered: choice experiments, contingent valuation, and experimental auctions. The pros and cons of each method will also be discussed.
Prerequisite: ECO 7115 & (AEB 7571 or ECO 7424).
Catalog Program Pages Referencing AEB 7333
AEB 7373 Consumer Demand and Applied Analysis 3 Credits
Grading Scheme: Letter Grade
Theories of Consumer Behavior in Static and Dynamic Contexts; analysis of household expenditure and demand.
Catalog Program Pages Referencing AEB 7373
AEB 7453 Natural Resource Economics 3 Credits
Grading Scheme: Letter Grade
Resource use, management, development, and conservation. Institutional and market performance in providing socially desired outcomes.
Prerequisite: ECO 3101 or AEB 6106 or ECO 7115.
Catalog Program Pages Referencing AEB 7453
AEB 7483 Seminar in Environmental Economics 3 Credits
Grading Scheme: Letter Grade
Application of economic methods to problems of environmental and regional development; input-output models, cost-benefit analysis, economic valuation, and development planning.
Prerequisite: ECO 3101 or AEB 6106 or ECO 7115.
Catalog Program Pages Referencing AEB 7483
AEB 7504 Mathematical Statistics for Applied Econometrics 3 Credits
Grading Scheme: Letter Grade
Develops statistical foundations used in agricultural economics, including microeconomic theory, econometrics, production economics, and financial economics.
Prerequisite: STA 6166
Catalog Program Pages Referencing AEB 7504
AEB 7571 Econometric Methods I 3 Credits
Grading Scheme: Letter Grade
Linear and nonlinear econometric models, serial correlation, heteroscedasticity, errors in variables, qualitative variables, specification errors, and simultaneous equation models.
Prerequisite: MAS 2103, STA 4322.
Catalog Program Pages Referencing AEB 7571
AEB 7572 Econometric Methods II 3 Credits
Grading Scheme: Letter Grade
Topics in econometrics including single equation and multiple equation linear and nonlinear models.
Prerequisite: AEB 7571.
Catalog Program Pages Referencing AEB 7572
AEB 7573 Applied Microeconometrics 3 Credits
Grading Scheme: Letter Grade
This is an applied econometrics course focused on estimating treatment effects, that is, causal effects of changes in the economic environment on persons, communities, states, countries, or any other individual unit of analysis.
Catalog Program Pages Referencing AEB 7573
AEB 7645 Economic Development and Agriculture 3 Credits
Grading Scheme: Letter Grade
Relation of human, capital, and natural resources, technology, and institutions to income growth and distribution. Development strategies in low-income countries.
Prerequisite: ECO 3101 or AEB 3103.
Catalog Program Pages Referencing AEB 7645
AEB 7979 Advanced Research 1-12 Credits
Grading Scheme: S/U
Research for doctoral students before admission to candidacy. Designed for students with a master's degree in the field of study or for students who have been accepted for a doctoral program. Not appropriate for students who have been admitted to candidacy.
Catalog Program Pages Referencing AEB 7979
AEB 7980 Research for Doctoral Dissertation 1-15 Credits
Grading Scheme: S/U
Research for Doctoral Dissertation