USP Codes are listed in brackets by the 1991 USP code followed by the 2003 USP code (i.e. [M2<>QB]).

1000. Agricultural and Applied Economics Orientation. 2. [F1<>IL]Directs students through a series of short writing and research exercises designed to improve the academic skills of new or prospective agribusiness majors. Also explores cultural diversity, career opportunities and degree requirements for majors, and strategies for using campus resources. (Normally offered fall semester)

1010. Principles of Macroeconomics I. 3. [C2<>CS] A beginning study of how economic society is organized and uses scarce resources to provide for its material wants. National income analysis; business cycles; the banking system; monetary and fiscal policy. Inflation and unemployment. Cross listed with ECON 1010.

1020. Principles of Microeconomics. 3. [C2<>CS] A basic study of value and price theory, monopoly and public policy; markets for productive goods and services; alternative forms of economic organization; international trade. Cross listed with ECON 1020.

2020. Farm and Ranch Business Management. 4. Discusses economic principles, business methods and science applied to orgazation and operation. Includes measurements of size of business; rate and efficiency of production. (Normally offered fall)

3400 [4400]. Agricultural Law. 3. [C2<>(none)] Surveys legal issues and principles of practical concern to agriculture and examines legal institutions authorized to carry out laws affecting agriculture. Prerequisite: W1 <> WA and junior standing. (Normally offered fall semester)

3860. Economics of World Food and Agriculture. 3. [C2, G1<>G] Studies economic, social, technical and institutional problems of world agricultural development, with special emphasis on outlook for world food production. Cross listed with INST 3860 Prerequisite: an economics course. (Normally offered spring semester)

4050. Agribusiness Marketing. 3. Analyzes economic structure of the agribusiness sector with applications to agribusiness marketing strategies. Prerequisite: ECON 3020 or consent of instructor. (Normally offered spring semester)

4060. Agribusiness Management. 3. [M3<>(none)] Applies quantitative, economic, financial and managerial analysis to agribusiness sector. Prerequisites: AGEC 1020 and MATH 1400. (Normally offered fall semester)

4070. Agricultural Sales. 3. Applies transactional analysis for understanding human behavior in agribusiness sales. Introduces experimental learning and fundamentals of agribusiness sales. Prerequisites: AGEC 1020 and CMJR 1010. (Normally offered spring semester)

4450. Negotiation. 3. 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 5450. Prerequisites: CMJR 1010 and junior standing.

4460. Agriculture and Economic Development. 3. Examines the roles of agriculture in the transformation of the economics of underdeveloped countries. Examines development theories, case studies and analytical techniques. Prerequisites: AGEC 1010, 1020 and a G1<>G course.

4500. Agricultural Finance. 3. Principles of financial management; compounding and discounting; leverage and capital budgeting and alternatives in resource control. Prerequisite: AGEC 1020 or equivalent. (Normally offered fall semester)

4600. Community Economic Analysis. 3. Analysis of regions and rural communities; their problems, socioeconomic characteristics, land use and economic development. Provides training in regional economic analysis, fiscal impact analysis and benefit cost analysis. Prerequisites:AGEC/ECON 1010 and AGEC 1020; M2<>QB.

4640. Advanced Farm/Ranch Management. 3. [M3<>(none)] Tools of management decision-making applied to problems of farm-ranch management and resource acquisition and use. Prerequisites: AGEC 1020, 2020 and MATH 1400. (Normally offered spring semester)

4660. Community and Economic Development. 3. 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 5660. Prerequisites: AGEC/ECON 1020 or SOC 2090 and junior standing.

4700. Economics of Range Resources. 3. Applies economic and decision theory to management and allocation of public and private range resources. Prerequisite: AGEC 1020 or equivalent. (Normally offered fall semester)

4710. Natural Resource Law and Policy. 3. [C2<>(none)] Legal and economic examination of laws intended to resolve environmental conflicts. Surveys economic rationales both for private property and government intervention in environmental disputes; content of selected environmental laws in the U.S.; and basic principles of environmental mediation. Prerequisites: AGEC 1020, ECON 1020 or equivalent and 3 hours of business law or agricultural law; or consent of instructor. (Offered fall semester of even-numbered years)

4720. Water Resource Economics. 3. Presents principles and procedures appropriate to water resource allocation and development decisions. Studies agricultural, recreational, industrial and other uses of water. Includes a field trip. Prerequisite: AGEC 1020 or equivalent. (Offered fall semester of odd-numbered years)

4740. Agricultural Policy. 3. [C2<>(none)] Identifies problems in agriculture and considers alternative programs. Prerequisite: AGEC 1020 or equivalent. (Offered spring semester of odd-numbered years)

4750. Natural Resource Planning Economics. 3. Examines major federal and state natural resources planning programs to identify economic consequences of different resource-use alternatives and stated economic objectives. Discusses economic models and analytical procedures in terms of relevancy to economic issues associated with resource planning actions. Considers economic results needed to resolve resource conflicts in terms of available models and procedures. Students analyze an appropriate natural resources or environmental plan and present results (consequences and implications) as economic component of overall plan. Prerequisite: Senior standing. (Offered spring semester of even-numbered years)

4830. Agricultural Commodities and Futures Markets. 3. Economics of price determination for agricultural commodities and development of pricing strategies in cash and futures markets. Prerequisite: AGEC 1020 or equivalent. (Normally offered fall semester)

4840. Agricultural Market Analysis. 3. [C2<>(none)] Applies economic theory to an analysis of economic organization and operation of agricultural markets, including price behavior. Prerequisites: MATH 1400 and ECON 3020. (Offered spring semester of odd-numbered years)

4880. International Agricultural Trade, Markets and Policy. 3. [C2, G1<>G] International agricultural commodity markets, product markets and market channels are characterized and examined. Presents economic theory relevant to description and analysis of international markets. Characterizes and analyzes historical and contemporary U.S. commercial trade policy and agricultural policy and their effect on markets. Prerequisites: AGEC 1010 and 1020 or equivalent and ECON 3020 or consent of instructor. (Offered spring semester of even numbered years)

4890. Special Topics in _____. 1-3 (Max. 6). Accommodates seminar series or course offering by visiting faculty whose subject matter is not included in other courses. Prerequisites: junior standing and/or consent of instructor. (Offered based on sufficient demand and resources)

4910. Problems in Agricultural Economics. 1-3 (Max. 6). Consists of supervised study and investigation on topics of current importance in agricultural economics. Prerequisites: 12 hours in AGEC or ECON and consent of instructor. (Offered fall, spring and summer)

4930. Agricultural Economics Internship. 1-6 (Max. 6). Provides practical agricultural business firm and/or agency experience. Develops working knowledge of how basic economic concepts are used by firms and agencies in policy and procedures development and decision making by the organization. Prerequisites: 10 hours of AGEC and approval of faculty supervisor.

4950. Senior Seminar and Thesis I. 1. [W3<>WC] Beginning of preparation and presentation of senior research thesis relevant to agriculture economics field. Prerequisites: 15 hours of AGEC and/or ECON and W2<>WB writing course. (Offered both semesters)

4960. Senior Seminar and Thesis II. 2. [W3<>WC] Final preparation and presentation of senior thesis and writing of final report. Prerequisite: AGEC 4950. (Offered both semesters)

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