Agricultural Economics Courses

AEC 520 - AgriBusiness Analysis and Forecasting
Hours: 3
Fundamentals of linear programming, forecasting, and simulation based on economic theories using statistical software packages. Construction, solution, and interpretation of different types of linear programming models. Quantitative techniques for forecasting economic data. Risk analysis and decision-making using simulation.

AEC 530 - Agricultural Production Economics
Hours: 3
Agricultural production theory for optimization of resources under certainty and uncertainty. Economic theory, analytical methodology, and agribusiness firm behavior.

AEC 540 - Advanced Theory of Demand and Price Analysis
Hours: 3
The development and use of economic models for price analysis and forecasting with emphasis on the interpretation of economic relationship in agriculture. Analysis of the effects of consumer behavior upon marketing firms and upon the demand for agricultural products.

AEC 550 - Market Organization and Structure
Hours: 3
Analysis of the conduct and performance of agricultural firms under imperfect market conditions. Sources of imperfections, managerial strategies, and welfare considerations under imperfect market conditions.

AEC 560 - International Agricultural Trade
Hours: 3
Trade theory dealing with the production, marketing, and distribution of goods and services. Comparative advantage, gains from specialization, trade models, trade policy analysis, partial equilibrium analysis of free trade, welfare aspects of trade, preferential agreements, and policy issues.

AEC 589 - Independent Study
Hours: 1-4
Independent Study. One to four semester hours. Individualized instruction/research at an advanced level in a specialized content area under the direction of a faculty member. May be repeated when the topic varies. Prerequisite: Consent of department head.

AEC 597 - Special Topics
Hours: 1-4
Special Topics. One to four semester hours. Organized class. May be repeated when topics vary.