Valuation methods and value bases of rural real estate; legal aspects of property rights, appraisal theory and procedures, condemnation appraisal, characteristics of the rural land market, soil identification and productivity, and other legal, economic, agronomic, and engineering aspects of real estate valuation. Laboratory field trips, including a practice appraisal; see Class Schedule for approximate cost. 3 undergraduate hours. 3 or 4 graduate hours. Prerequisite:
Score: 4.8840237 Details | Listing | Web page
Economics of agricultural development and the relationships between agriculture and other sectors of the economy in developing nations; agricultural productivity and levels of living in the less developed areas of the world; and studies of agricultural development in different world regions including Africa, Asia, and Latin America. 3 undergraduate hours. 3 or 4 graduate hours. Prerequisite:
Score: 4.8840237 Details | Listing | Web page
Same as
Score: 4.8840237 Details | Listing | Web page
Analysis of plans and progress toward economic development in South and Southeast Asia; economic characteristics of the area and their significance for economic development. 3 undergraduate hours. 2 to 4 graduate hours. Prerequisite:
Score: 4.8840237 Details | Listing | Web page
Types of African economies and growth of the exchange economy; development of natural resources, industry, trade, finance, and education; analysis of economic integration, governmental planning, and development projects; and demographic, land tenure, and institutional influences on development. 3 undergraduate hours. 2 to 4 graduate hours. Prerequisite:
Score: 4.8840237 Details | Listing | Web page
Economic theory used to analyze trends and patterns of international trade in major agricultural commodities and to understand interaction between economic development, policy, and trade; welfare implications of policies affecting production, consumption, and trade; implications of protechtionism, free trade, regional trade blocs, and multilateral trade liberalization, and the role for international trade institutions. Prerequisite:
Score: 4.8840237 Details | Listing | Web page
Analysis of agricultural and food policies and programs and their effects on producers and consumers of agricultural products. Formulation of agricultural and food policies are examined with an emphasis on historical and current economic problems affecting agriculture and rural America. 3 undergraduate hours. 3 or 4 graduate hours. Prerequisite:
Score: 4.8840237 Details | Listing | Web page
Analysis of choice-making, buying, using, and disposing of consumer goods by families, social policy Perspectives considered. 3 undergraduate hours. Prerequisite:
Score: 4.8840237 Details | Listing | Web page
Concepts, theories, and methods for analysis of the micro and macro aspects of consumption; includes standards and content of consumption and description of consumption patterns and trends in the USA and selected other countries. 3 undergraduate hours. 3 or 4 graduate hours. Prerequisite:
Score: 4.8840237 Details | Listing | Web page
Economic welfare of American families, application of economic theory to the behavior of families and individuals with respect to time allocation between the home and the market; family forms; human capital accumulation; gender differences in income; income inequality; and poverty. Role of public policy is considered. 3 undergraduate hours. 2 to 4 graduate hours. Prerequisite:
Score: 4.8840237 Details | Listing | Web page
Same as NRES 480. See NRES 480.
Score: 4.8840237 Details | Listing | Web page
Cooperatively supervised field experience in management and administration in a textile marketing business. Only four hours may be applied to the total required for a graduate degree. At the undergraduate level, up to four hours may be counted toward the hours required in Agricultural and Consumer Economics. Approved for both letter and S/U grading. Prerequisite:
Score: 4.8840237 Details | Listing | Web page
Group discussion or an experimental course on a special topic in agricultural and consumer economics. Approved for both letter and S/U grading. May be repeated in the same semester to 4 hours, or subsequent terms to a maximum of 12 hours as topics vary.
Score: 4.8840237 Details | Listing | Web page
Provides an understanding of theory of the firm, consumer economics and various market models necessary to conduct applied professional economic research with special emphasis on applications relevant to agricultural, consumer, development, and resource economics. Multivariate calculus and optimization methods are used.
Score: 4.8840237 Details | Listing | Web page
Applications of the theory of economic behavior under uncertainty and asymmetric information. Analysis of individual decision making under uncertainty includes: tests of the expected utility hypothesis; comparative statistics of changes in risk preferences and risk; and moment based models of decision making. Analysis of economic equilibrium under uncertainty and asymmetric information includes tests for complete markets and applications of noncooperative game theory. Prerequisite: Concurrent enrollment in
Score: 4.8840237 Details | Listing | Web page
Applications of demand and supply theories and applications of firm and household behavior. Topics include demand and supply systems, aggregation and separability, dynamics, formation and boundaries of the firm, household decision making, intrahousehold allocation, allocation of time, human capital, and hedonics. Same as
Score: 4.8840237 Details | Listing | Web page
Provides a theoretical and applied treatment of economic equilibrium and the consequences of displacement of equilibrium for the welfare levels of economic agents. Displacement of equilibrium will be shown to be brought about by changes in government policy, technology, and consumer preferences. Welfare measures under partial equilibrium, general equilibrium, and multi-market models will be presented. Includes various applications of welfare economics in the analysis of policy and technological change. Prerequisite:
Score: 4.8840237 Details | Listing | Web page
Economic theory is used to examine the allocation of renewable and efficiency issues that arise from natural resource policy and management issues. Same as
Score: 4.8840237 Details | Listing | Web page
Same as
Score: 4.8840237 Details | Listing | Web page
Examination of selected economic problems in marketing agricultural products and relevant theory and empirical methods for analyzing and interpreting research results. Topics include: operational efficiency in marketing firms and industries; efficient allocation over space, form, and time; price making institutions; and research in demand stimulation and selected issues in trade. Prerequisite:
Score: 4.8840237 Details | Listing | Web page
Study of methods used to analyze factors affecting agricultural prices; analysis of agricultural prices and price movements with respect to time, space, and form; and examination of methods of price forecasting and techniques of time series analysis. Prerequisite:
Score: 4.8840237 Details | Listing | Web page
Research literature on commodity futures and options markets, both theoretical and empirical; topics include: supply of storage, basis models, theory of the firm and hedging under uncertainty, optimal hedging, speculative returns, market performance, pricing efficiency and option pricing. Prerequisite: ACE 328 or equivalent, and
Score: 4.8840237 Details | Listing | Web page
Econometric applications of the economic theory of production. Basic theory includes production functions; duality; cost functions; profit functions and parameters that can be derived from them such as returns to scale or substitution elasticity. Econometric issues include simultaneity bias, panel data, instrumental variables, generalized method of moments, functional forms, nonparametrics, and dynamics. Prerequisite:
Score: 4.8840237 Details | Listing | Web page
Theory of financial decision making as applied to farms and firms related to agriculture. Topics include asset pricing models, financial markets, capital structure, farmland control, term structure of interest rates, risk management and credit evaluation. Prerequisite:
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Economic theory and empirical analyses are used to study economic development, emphasizing the structural transformation of an economy and the role of public policies in supporting or hindering that process. Topics include growth, determinants of supply and demand, and measuring and evaluating the effects of public policies. Special attention is paid to the role of the agricultural sector, as the home of most productive resources in the early stages of development. Prerequisite:
Score: 4.8840237 Details | Listing | Web page
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