AECN 801

Advanced Farm Management and Linear Programming

The role of budgeting and linear programming in analyzing farm organization problems, theory of linear programming, linear program design, and analysis of linear programmed solutions to farm organization problems. Includes goal programming, multiple objective programming, risk programming, and financial modeling.
Credit Hours: 3
Instructor: Parsons

AECN 804

Agricultural Law

Legal problems and issues of unique importance to lawyers serving the agricultural sector. Representative topics include economic and environmental regulation of agriculture; organizing the farm business; financing agricultural production; marketing agricultural products; and managing agricultural risk.
Credit Hours: 3

AECN 812

Organization and Performance of Agricultural Markets

Economic theory of industrial organization and performance applied to agricultural input, raw product, and processed product markets. Buyer market power at first-handler level, spatial markets, vertical integration and contract coordination, and organizational forms unique to agriculture.
Credit Hours: 3
Instructor: Giannakas

AECN 814

Agricultural Price Analysis

Economic relationships among the forces that determine the demand, supply and prices for agricultural commodities, products, and factors of production within and across markers. Theoretical foundations reviewed covering individual consumer demand, commodity and factor markets and price determination. Empirical methods applied in analyzing demand, supply and prices, and the factors affecting them. Multiple projects, including interpreting the results, to reinforce understanding of economic behavior.
Credit Hours: 3
Instructor: Azzam  and Mattos

AECN 815

Analytical Methods in Economics and Business

Equilibrium Analysis: Applications in business, finance, and economics. Market equilibria, accumulations, and economics. Optimization: profit, cost, and utility functions. Constrained optimization problems with utility functions. Constrained optimization problems in production and consumer allocations; Kuhn and Tucker conditions; static and dynamic input-output Models.
Credit Hours: 1

AECN 821

Orientation to Research

Introduction to approaches to agricultural economics research. Critical evaluation of agricultural economics literature. Identify an area of research interest and present a review of current literature in the area.
Credit Hours: 1
Instructor: Azzam


Static Optimization with Mathematical Programming

Optimization methods in economics, organized into modules, each of which introduces the fundamental methods used in the analysis of a particular class of economic problems. Each module is taught within the framework of consumer, firm, or social welfare optimization problems.
Credit Hours: 2

AECN 832

Economics of Agricultural Production

Static economic analysis of multi-variant agriculture response functions. Resource and enterprise choice, cost functions, resource evaluation, and size and scale economies.
Credit Hours: 3

AECN 840

Applied Welfare Economics and Public Policy

Principles of welfare economics applied to policy issues in agriculture and natural resources. Review of measures of household welfare, willingness to pay, and notions of Pareto optimality, aggregate welfare and market failure. Practical methods of comparative statics analysis of the effect of public policies on consumer and firm behavior, and on market equilibrium. Theory of externalities and welfare implications of market versus non-market allocation of public goods examined. Applications include evaluation of such policies as taxes, price supports, quotas, pollution controls, environmental damage liability, and intellectual property rights.
Credit Hours: 3
Instructor: Yiannaka

AECN 852

Agricultural Finance

Principles and concepts of financial management of farm and agribusiness firms developed. Various strategies for acquiring and using capital resources by the individual firm explored. Institutions providing the sources of agricultural credit are individually studied.
Credit Hours: 3
Instructor: Stokes

AECN 856

Environmental Law

Administrative law, risk assessment, environmental impact review, Clean Air Act, Clean Water Act, non-point pollution control, wetlands regulations pesticide and toxic substance regulation, solid and hazardous waste regulation, drinking water protection, land use regulation, energy policy, and international environmental law.
Credit Hours: 3

AECN 857

Water Law

Environmental impact review; public trust doctrine; endangered species; land use controls; wetlands regulation; surface and ground water groundwateran and federal water rights; impact of water quality regulations on water allocation.
Credit Hours: 3

AECN 865

Resource and Environmental Economics II

Application of resource economics concepts and empirical tools to resource management problems. Public policy issues involving environmental quality, land and water management.
Credit Hours: 3
Instructor: Mieno

AECN 868

Advanced Resource and Environmental Economics

Application of conceptual and empirical tools for analyzing resource problems. Both public and private dimensions of resource management are considered with emphasis on public policy. Economics of environmental quality, management of exhaustible and renewable resources, valuation of non-market goods and key elements of environmental policy analysis.
Credit Hours: 3

AECN 872

Mathematical Tools for Applied Economics

Designed for incoming M.S. students in Agricultural Economics and related fields. Topics include constrained and unconstrained optimization, Kuhn Tucker conditions, matrices and determinants, and mathematical statistics.
Credit Hours: 3

AECN 873

Microeconomic Models and Applications

Analysis of microeconomic decision-making by individuals and firms with emphasis on consumer demand, production, cost and profit, market structure and the economics of games, uncertainty, and information.
Credit Hours: 3
Instructor: Nogueira

AECN 883

Ecological Economics

A synthesis across the notion of "utility" as represented in traditional environmental and natural resource economics, "ecology" in ecological economics, and "community" in behavioral economics. Ideas from thermodynamics with a focus on renewable resources. Development, organization, and enhancement of eco-business, eco-industry, eco-government and eco-communities.
Credit Hours: 3

AECN 893

Law and Economics

Introduction to economic tools and their application to the law. Overview of the principles of microeconomics and their application to various areas of private law (e.g., torts, contracts, property) and public law (e.g., environmental, constitutional, and criminal law & procedure).
Credit Hours: 3

AECN 896

Applied Econometrics

Credit Hours: 4
Instructor: Mieno

AECN 896

Special Topics in Agricultural Economics

Focused agricultural economics topics through research, narrowly targeted literature review, or extension of course work.
Credit Hours: 3

AECN 899

Masters Thesis

Credit Hours: 1-10

AECN 901

Directed Study of Advanced Topics in Agricultural Economics

Significant literature in selected fields of agricultural and resource economics to provide a broad background for conducting research in these fields.
  • 901A Production Economics
  • 901B Agricultural Industrial Organization
  • 901D International Agricultural Trade
  • 901E Agricultural Development
  • 901J Natural Resource Economics
Credit Hours: 3

AECN 902

Research in Agricultural Economics

Significant literature in selected fields of agricultural and resource economics to provide a broad background for conducting research in these fields.
  • 902A Production Economics
  • 902B Agricultural Industrial Organization
  • 902D International Agricultural Trade
  • 902E Agricultural Development
  • 902J Natural Resource Economics
Credit Hours: 3

AECN 921

Seminar in International Trade and Finance

Focused agricultural economics topics through research, narrowly targeted literature review, or extension of course work.
Credit Hours: 3

AECN 999

Doctoral Dissertation

Credit Hours: 3