Agricultural Economics (AGEC)


AGEC 1003 Introduction to Agricultural Business (3 credits)
F Nature and scope of agribusiness; application of management and marketing concepts to selected agribusiness problems; exploring agribusiness management as a profession.


AGEC 2003 Introduction to Agricultural Economics (3 credits)
F,S Role of agriculture in the general economy; economic principles applied to agricultural production, marketing, consumption, and policy problems.


AGEC 3003 Economic Analysis in Agricultural Business (3 credits)
F Prereq.: AGEC 2003 or equivalent; MATH 1431. 2 hrs. lecture; 2 hrs. lab. Applications of graphical, mathematical, and computer-based microeconomic analysis to problems in the production and marketing of food and agricultural products.
AGEC 3203 [Not Offered] AG COMMODITY MKTG (3.0 credits)
AGEC 3213 [Not Offered] Agribusiness Commodity and Food Products Marketing (3 credits)
S Prereq.: AGEC 2003 or equivalent. An overview of the agricultural commodity and food marketing system; marketing, management, and economic principles are applied to the formulation and implementation of marketing plans for agricultural commodities and branded food products; futures market trading principles.
AGEC 3303 [Not Offered] Farm Management (3 credits)
F-O Prereq.: AGEC 2003 or equivalent. Fundamental economic and business principles applied to a farm business; comprehensive and integrated treatment of management concepts for successful operation of a farm business.
AGEC 3413 Agricultural Business Management Decisions (3 credits)
F Prereq.: AGEC 2003 or equivalent. Identification of typical decisions of agricultural business firms; development of concepts, procedures, and analyses that facilitate planning, organizing, directing, coordinating, and controlling functions within agricultural business firms.
AGEC 3503 [Not Offered] Natur al Resour ce Economics (3 credits)
S Prereq.: AGEC 2003 or equivalent. Economic rationale for collective, public action in allocation of natural resources in agriculture; emphasis on economic efficiency, property rights, resource use, legal concepts, institutions, and project evaluation.
AGEC 3700 Internship (1-3 credits)
Prereq.: AGEC 2003 or equivalent and approval of department head. May be taken for a max. of 3 sem. hrs. of credit. Supervised career-oriented experience with a business or organization in the food and fiber system.
AGEC 3803 [Not Offered] Agricultural Law (3 credits)
F-O Principles of law and their application to agricultural business firms and institutions; legal processes and relationships relevant to agriculture; Louisiana Civil Code and statutes; federal law, including bankruptcy code; analysis and review of cases, documents, and processes.


AGEC 4203 [Not Offered] Intermediate Food and Fiber Products Marketing (3 credits)
F-E Prereq.: AGEC 3003 or equivalent. Industrial organization analysis applied to the food and fiber system; emphasis on structural problems and their control by competition, antitrust, and government.
AGEC 4213 [Not Offered] Economics of Milk Marketing Systems (3 credits)
S-O Prereq.: AGEC 2003 or equivalent. Analysis of the milk production and marketing system; market channels, characteristics, institutions, and government regulations in pricing and marketing milk.
AGEC 4243 [Not Offered] FOOD PRODUCTS MARKET (3.0 credits)
AGEC 4273 [Not Offered] Agricultural Price Analysis (3 credits)
S Prereq.: AGEC 2003 or equivalent; MATH 1431; and EXST 2201 or ISDS 2001. Economic processes of price discovery and price determination in agricultural input and output markets; emphasis on methods of price analysis and their application to decision processes; analysis of cyclical, trend, and seasonal movements in prices.
AGEC 4403 Agricultural Finance (3 credits)
F Prereq.: AGEC 2003 or equivalent. Capital acquisition and use in the agricultural sector; cost and availability of credit; emphasis on financial management concepts for managing growth, leverage, liquidity, risk, and capital investment in agricultural business.
AGEC 4433 [Not Offered] Agricultural Business Planning, Management, and Policy (3 credits)
S Prereq.: senior standing; AGEC 3003, 3213, 3413; MKT 3401; MGT 3200; and BLAW 3200 or 3201. Integration of management, marketing, and financial concepts for successful planning and implementation of agricultural business decisions; feasibility analysis, marketing policy, personnel policy, marketing mix, pricing decisions, market segmentation, marketing strategy, and financial policy.
AGEC 4443 Farm and Rural Land Appraisal (3 credits)
F-E Prereq.: AGEC 2003 or equivalent. Not for graduate AGEC degree credit. Theory, methods, and procedures of real estate appraisal applied to rural property; trends in rural real estate values; factors influencing rural real estate values; approaches used in rural real estate valuation.
AGEC 4603 Agricultural Policy (3 credits)
F Prereq.: AGEC 2003 or equivalent. Role of agriculture in the national economy; how agricultural policy decisions affect the general public; emphasis on economic impacts of policies on producers and consumers of agricultural products; effects of other nations' policies on American agriculture.
AGEC 4613 [Not Offered] Agricultural Trade (3 credits)
S-O Prereq.: AGEC 3003 or equivalent. Structure, trade, and practices in exporting and importing regions and nations; policies of major agricultural trading nations and institutions; aid, development relationships, and current development trade policy.
AGEC 4623 [Not Offered] Rural Resource and Community Development (3 credits)
S-E Prereq.: AGEC 3003 or equivalent. Characteristics of developed and undeveloped rural areas; analysis of economic and related problems and potential for development; public policy issues concerning rural development.
AGEC 4700 Problems in Agricultural Economics (1-3 credits)
Prereq.: approval of department head. May be taken for a max. of 6 sem. hrs. of credit when topics vary. Independent study under the direction of a faculty member or faculty committee.


AGEC 7103 [Not Offered] Advanced Statistical Methods in Agriculture (3 credits)
S Prereq.: AGEC 7803 or concurrent registration. Application of advanced statistical tools to problems in agricultural economics; emphasis on the general linear model, including diagnostics, applications, and interpretation.
AGEC 7113 Agribusiness Research Applications (3 credits)
F Introduction to and overview of agribusiness research strategies; design of agribusiness research projects; preparation for data collection; collection of evidence; analysis of evidence; composition of research reports; applications to agribusiness market analysis, agribusiness planning and management, and agribusiness forecasting.
AGEC 7123 Operations Research Methods in Agricultural Economics (3 credits)
F Application of operations research methods to economic problems in agricultural production, marketing, and resource use; linear and nonlinear programming; integer programming; network analysis; dynamic programming; queuing; simulation.
AGEC 7203 [Not Offered] Advanced Agricultural Marketing Theory (3 credits)
F-O Prereq.: ECON 7700 or concurrent enrollment. Basic and applied analytical procedures in marketing research emphasizing quantitative methods; firm theory applied to marketing.
AGEC 7213 [Not Offered] APPLIED FOOD DEMAND (3.0 credits)
AGEC 7303 [Not Offered] Agricultural Production Economics (3 credits)
S-E Prereq.: ECON 7700 or concurrent enrollment. Production principles applied to use of agricultural resources; analysis and interpretation of research data; theory of the farm firm, including costs, uncertainty, and expectations.
AGEC 7313 [Not Offered] AG PROD LABOR SUPPLY (3.0 credits)
AGEC 7503 [Not Offered] Natural Resource Economics (3 credits)
F-E Prereq.: ECON 7700 or concurrent enrollment. Economic concepts and institutional factors relating to utilization of natural resources; emphasis on conservation, property rights, resource policy, resource valuations.
AGEC 7513 [Not Offered] DYN NAT RES ECON (3.0 credits)
AGEC 7523 [Not Offered] NONMARKET VALUATION (3.0 credits)
AGEC 7603 [Not Offered] Advanced Agricultural Policy (3 credits)
S-E Prereq.: ECON 7700 or concurrent enrollment. Development of agricultural policy; emphasis on objectives, procedures, accomplishments, and consequences of policy on agriculture and rural areas.
AGEC 7613 [Not Offered] International Agricultural Trade (3 credits)
S-O Prereq.: ECON 7700 or concurrent enrollment. International economic trade theory; special reference to trade in agricultural products.
AGEC 7623 Rural Development Economics (3 credits)
F-O Prereq.: ECON 7610. Theoretical concepts in international and domestic rural development; empirical methods used in analysis of economic structure and growth; modeling public policy issues concerning international and domestic rural development.
AGEC 7700 [Not Offered] Internship in Agribusiness Administration (3 credits)
F,S,Su Prereq.: prior approval of student's graduate committee. Open only to agricultural economics master's students. May be taken for a max. of 3 hrs. credit. 300 hrs. of learning experience. General supervision by a faculty member; direct supervision by an agribusiness professional. Pass/fail grading based on a written evaluation by the professional supervisor, a written report by the student, and the faculty member's evaluation.
AGEC 7703 Independent Study (1-3 credits)
F,S,Su Prereq.: graduate committee approval prior to enrollment. May be taken for a max. of 6 sem. hrs. when topics vary. Independent study of relevant subject matter areas in agricultural economics.
AGEC 7710 [Not Offered] Advanced Topics in Agricultural Economics (1-3 credits)
F,S,Su Prereq.: consent of instructor. May be taken for a max. of 6 hrs. of credit when topics vary. New and specialized topics in agricultural economics.
AGEC 7803 [Not Offered] Agricultural Economic Applications (3 credits)
S Prereq.: ECON 7700. Applications of economic theory to issues in agricultural production, consumption of agricultural goods, and natural resource management.


AGEC 8000 Thesis Research (1-12 per sem. credits)
�S�/�U� grading.


AGEC 9000 Dissertation Research (1-12 per sem. credits)
�S�/�U� grading.