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Course: AEC 800 Foundations of Agricultural Economics
Semester: Fall of every year.
Credits: Total Credits: 3 Lecture/Recitation/Discussion Hours: 3 3(3-0)
Description: Concepts of agricultural economics drawn from economic and management theory. Applications to economic decisions and policy issues related to agricultural, food, and natural resource firms, markets, and institutions.

Course: AEC 829 The Economics of Environmental Resources
Semester: Fall of every year.
Credits: Total Credits: 3 Lecture/Recitation/Discussion Hours: 3 3(3-0)
Description: Economic principles related to environmental conflicts and public policy alternatives. Applications to water quality, land use, conservation, development, and global environmental issues.
Interdepartmental With: Economics , Forestry , Park, Recreation and Tourism Resources , Resource Development
Administered By: Agricultural Economics

Course: AEC 830 Wetlands Law and Policy
Semester: Spring of odd years.
Credits: Total Credits: 3 Lecture/Recitation/Discussion Hours: 3 3(3-0)
Recommended Background: (RD 801) Prior exposure to environmental and natural resource economics, management, policy, or law. An ability to do legal and other library-based research.
Description: Origin and development of wetlands law and policy. Wetland functions, mitigation, and banking. Legal, economic, political, and administrative perspectives. Cases, statutes and regulations.
Interdepartmental With: Resource Development , Fisheries and Wildlife , Forestry Administered By: Resource Development

Course: AEC 831 Food Marketing Management
Semester: Spring of every year.
Credits: Total Credits: 3 Lecture/Recitation/Discussion Hours: 3 3(3-0)
Recommended Background: (MBA 820 or MSC 805)
Description: Marketing management decisions in food firms. Consumer orientation, computer technologies, food system cost reduction, global opportunities, environmental and social issues. Alias: ML 831, MTA 831
Interdepartmental With: Marketing and Supply Chain Management
Administered By: Marketing and Supply Chain Management

Course: AEC 832 Environmental and Natural Resource Law
Semester: Fall of every year.
Credits: Total Credits: 3 Lecture/Recitation/Discussion Hours: 3 3(3-0)
Recommended Background: (RD 430)
Description: Origin and development of environmental law. Theories of power, jurisdiction, sovereignty, property interests, pollution, and other bases for legal controls of natural resources. Common law and constitutional limitations on governmental power.
Interdepartmental With: Resource Development , Crop and Soil Sciences , Forestry , Geography
Administered By: Resource Development

Course: AEC 839 Applied Operations Research
Semester: Fall of every year.
Credits: Total Credits: 3 Lecture/Recitation/Discussion Hours: 3 3(3-0)
Recommended Background: (EC 801)
Description: Linear and nonlinear programming, spatial equilibrium models, and risk programming. Applications in agribusiness management and in agricultural, environmental, and natural resource economics.
Alias: AEC 891B
Course: AEC 841 Analysis of Food System Organization and Performance
Semester: Spring of every year.
Credits: Total Credits: 3 Lecture/Recitation/Discussion Hours: 3 3(3-0)
Description: Industrial organization, subsector, and transaction cost approaches to analyzing coordination and performance of agricultural markets, contracting, and integration in the food systems of industrialized and developing countries. Applications to issues of organization, control, and public policy.

Course: AEC 853 Financial Management in Agriculture
Semester: Spring of every year.
Credits: Total Credits: 3 Lecture/Recitation/Discussion Hours: 3 3(3-0)
Description: Financial and investment analysis tools and concepts and their application to decisions faced by agricultural, agribusiness, and food industry firms. Financial institutions and instruments, credit programs, and financial sector performance in low-income and high-income countries.

Course: AEC 865 Agricultural Benefit-Cost Analysis
Semester: Spring of every year.
Credits: Total Credits: 3 Lecture/Recitation/Discussion Hours: 3 3(3-0)
Description: Benefit-cost analysis of agricultural and natural resource projects, including financial and economic analysis. Case studies in project design and appraisal in low and high income countries.

Course: AEC 874 Field Data Collection and Analysis in Developing Countries
Semester: Summer of odd years.
Credits: Total Credits: 3 Lecture/Recitation/Discussion Hours: 3 3(3-0)
Recommended Background: (AEC 861)
Description: Designing and conducting socioeconomic surveys to inform agricultural production, marketing, and environment/natural resource issues in developed and developing countries. Research proposal preparation, questionnaire design, sampling, data collection, and data processing and analysis using computers.

Course: AEC 891 Topics in Agricultural Economics
Semester: Fall of every year. Spring of every year. Summer of every year.
Credits: Variable from 1 to 3
Reenrollment Information: A student may earn a maximum of 12 credits in all enrollments for this course.
Description: Selected topics in analytical methods, agri-food systems economics and management, and agricultural and natural resource development and policy.

Course: AEC 923 Advanced Environmental and Resource Economics
Semester: Spring of even years.
Credits: Total Credits: 3 Lecture/Recitation/Discussion Hours: 3 3(3-0)
Recommended Background: (AEC 829 and EC 805)
Description: Advanced economic theory of environmental management and policy. Treatment of externalities and market and non-market approaches to environmental improvement. Topics in conservation and sustainable economic growth. Applications to research and policy.
Interdepartmental With: Economics , Forestry , Park, Recreation and Tourism Resources , Resource Development
Administered By: Agricultural Economics

Course: AEC 925 Environmental and Resource Economics Research
Semester: Spring of odd years.
Credits: Total Credits: 3 Lecture/Recitation/Discussion Hours: 3 3(3-0)
Recommended Background: (AEC 829 and EC 805)
Description: Topics such as contingent or non-market valuation, institutional analysis, pollution prevention, environmental quality and location, recreational demand modeling, and environmental risk management. Research process in environmental and resource economics.
Alias: AEC 991H
Interdepartmental With: Forestry , Resource Development , Park, Recreation and Tourism Resources , Economics
Administered By: Agricultural Economics

Course: AEC 932 Information Economics and Institutions in Agriculture and Natural Resources
Semester: Fall of every year.
Credits: Total Credits: 3 Lecture/Recitation/Discussion Hours: 3 3(3-0)
Recommended Background: (AEC 800 or AEC 810 or AEC 841) and (EC 812A and EC 812B)
Restrictions: Open only to Ph.D. students in the Colleges of Agriculture and Natural Resources or Business or Social Science.
Description: Applications to issues in agriculture, agribusiness, the food system, natural resources, and the environment. Asymmetric information, incomplete markets, principal/agent issues, transaction costs, and the design of contracts and other institutions.

Course: AEC 978 Research Methodologies in Agricultural and Resource Economics
Semester: Spring of every year.
Credits: Total Credits: 3 Lecture/Recitation/Discussion Hours: 3 3(3-0)
Restrictions: Open only to Ph.D. students in the College of Agriculture and Natural Resources or College of Business or College of Social Science.
Description: Alternative research philosophies, types of knowledge, and kinds of research. Critical appraisal of facts, theories, and values in economic research. Testing and communication of research results. Development of a research proposal.
Alias: AEC 991F

Course: AEC 991 Advanced Topics in Agricultural Economics
Semester: Fall of every year. Spring of every year. Summer of every year.
Credits: Variable from 1 to 3
Reenrollment Information: A student may earn a maximum of 12 credits in all enrollments for this course.
Restrictions: Open only to Ph.D. students in the colleges of Agriculture and Natural Resources, Business, and Social Science; or with department approval.
Description: Advanced topics such as price analysis, finance, risk and modeling techniques, agri-food systems, environmental economics and management, and agricultural and natural resource development and policy.

Course: AEC 992 Seminar in Agricultural Economics
Semester: Fall of every year. Spring of every year. Summer of every year.
Credits: Variable from 1 to 3
Reenrollment Information: A student may earn a maximum of 3 credits in all enrollments for this course.
Restrictions: Open only to Ph.D. students in Agricultural Economics. Approval of department; application required.
Description: Price analysis, development, risk, trade, dynamic modeling research methods, finance and environmental economics.

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