Department of Agricultural Economics Department of Agricultural Economics - Main

Department of Agricultural Economics

Graduate Courses

AGEC 4213* - Quantitative Price Analysis.
Quantitative analysis of agricultural supply and demand in situations involving risk and uncertainty within the institutional setting of agricultural markets. Use of spreadsheets to perform regression analysis and simulation of potential market outcomes. Analysis of specific agricultural market cases with written and oral presentation of the results.
Credit Hours: 3 credits
Prerequisites: AGEC 3213, AGEC 3333, MATH 2103, and ECON 3023 or 3113
Semesters: Fall - Bailey Norwood

 

AGEC 4333* - Commodity Futures Markets.
The economics of commodity futures markets. The vocabulary of futures markets and the mechanics of trading and hedging. Basis and producer marketing strategies. Fundamental analysis and statistical analysis of data. Technical analysis, behavioral finance, efficient market hypothesis, and basics of option pricing.
Credit Hours: 3 credits
Prerequisites: AGEC 3213 and AGEC 3333
Semesters: Spring - Wade Brorsen

 

AGEC 4403* - Advanced Farm and Ranch Management.
The development of problem solving and risk management skills needed on the modern farm or ranch. Use of spreadsheets to perform production planning and analysis of farm and ranch problems with linear programming, simulations, and other tools. Analysis of the acquisition of resources and the use of information systems in managing the individual farm or ranch business.
Credit Hours: 3 credits
Prerequisites: AGEC 3213, AGEC 3333, AGEC 3603, MATH 2103, and ECON 3023 or ECON 3113
Semesters: Spring - Rodney Jones

 

AGEC 4423* - Advanced Agribusiness Management.
Application of modern decision theory in the uncertain environment that the agricultural business operate. Planning, organizing, implementing, coordinating, and controlling problems associated with establishing an agricultural business, achieving firm growth, and operating the firm through time. Use of spreadsheets to perform production planning and analysis related to agricultural business operation with linear programming, simulations, and other tools. Analysis of the interaction of resources, prices and production alternatives.
Credit Hours: 3 credits
Prerequisites: AGEC 3213, AGEC 3333, AGEC 3603, MATH 2103, and ECON 3023 or 3113
Semesters: Fall - Dan Tilley

 

AGEC 4503* - Environmental Economics and Resource Development.
Economic, social and political factors relating to conservation, natural resource development and environmental quality. Valuation of priced and non-priced natural and environmental resources. Analysis of environmental and natural resource policy and the role of public and private agencies in conservation and development.
Credit Hours: 3 credits
Prerequisites: AGEC 3503 or ECON 3113 or consent of instructor
Semesters: Fall - Tracy Boyer

 

AGEC 4513* - Farm Appraisal.
Estimating the market value of agricultural real estate using the three approaches to value - sales comparison, cost, and income approaches. Analysis of sales to value the different characteristics of the farm.
Credit Hours: 3 credits
Prerequisites: AGEC 3423
Semesters: Spring - Notie Lansford

 

AGEC 4703* - American Agricultural Policy.
Economic characteristics and problems of agriculture; evolution and significance of programs and policies.
Credit Hours: 3 credits
Prerequisites: AGEC 3213, AGEC 3333, MATH 2103, and ECON 3023 or 3113
Semesters: Spring - Mike Dicks

 

AGEC 4723* - Rural Economic Development.
Concepts, theories, and applications of regional and community economics, including the theories of economic development, analytic techniques, infrastructure and community services, targeted development, and associated policies. Focus on domestic rural areas.
Credit Hours: 3 credits
Prerequisites: AGEC 1113 or ECON 2103
Semesters: Spring - Brian Whitacre

 

AGEC 4990* - Problems of Agricultural Economics.
Credit Hours: 1 to 6 credits, maximum 6
Prerequisites: Open to students with consent of instructor. Research on special problems in agricultural economics.
Semesters: Fall

 

AGEC 5000 - Master's Thesis or Report.
For students working on a M.S. degree in agricultural economics. Independent research and thesis under the direction and supervision of a major professor.
Credit Hours: 1 to 6 credits, maximum of 6
Prerequisites: None
Semesters: Fall

 

AGEC 5010 - Professional Experience in Agricultural Economics or Agribusiness.
Supervised professional experience with approved public and private employers in agricultural economics or agribusiness. Designed for Master of Agriculture program. Graded on pass-fail basis.
Credit Hours: 1 to 6 credits, maximum 6
Prerequisites: Approval of internship committee and adviser
Semesters: Fall - Jayson Lusk

 

AGEC 5101 - Research Methodology.
Using the scientific method to solve problems related to agriculture. Preparation of a thesis proposal required.
Credit Hours: 1 credit
Prerequisites: Selection of a thesis adviser and a thesis topic
Semesters: Spring - Wade Brorsen

 

AGEC 5103 - Mathematical Economics.
Mathematical tools necessary for formulation and application of economic theory and economic models.
Credit Hours: 3 credits
Prerequisites: Differential Calculus and Econ 3113
Semesters: Fall - Francis Epplin

 

AGEC 5113 - Application of Mathematical Progamming.
The application of concepts and principles of linear and nonlinear programming techniques to agricultural problems.
Credit Hours: 3 credits
Prerequisites:
Semesters: Fall - Francis Epplin

 

AGEC 5203 - Advanced Agricultural Prices.
Demand and price structures, price discovery, time series and agricultural price research methods.
Credit Hours: 3 credits
Prerequisites: STAT 4043, AGEC 5103
Semesters: Spring - Chanjin Chung

 

AGEC 5213 - Econometric Methods.
Application of econometric techniques to agricultural economic problems, theory and estimation of structural economic parameters.
Credit Hours: 3 credits
Prerequisites: AGEC 5103 and ECON 4213 or STAT 4043
Semesters: Spring - Chanjin Chung

 

AGEC 5233 - Primary Data Analysis Research.
Development and analysis of surveys and experiments designed to collect primary data for economic research. Basics of survey and experimental design, survey delivery, and sampling. Methods, economics, and econometrics of valuation methods including contingent valuation, experimental auctions, factor analysis, cluster analysis, and structural equations modeling, including limited dependent models such as the logit, probit, ordered probit, multinomial logit, tobit and interval censored regression.
Credit Hours: 3 credits
Prerequisites: The course is designed to be accessible to M.S. and Ph.D. students who are taking or have completed AGEC 5213 or ECON 5243 or with concurrent enrollment
Semesters: Spring - Jayson Lusk

 

AGEC 5311 - Agricultural Marketing: Concepts and Tools.
Role of marketing and prices in the food system. Price variation across space, time, and form.
Credit Hours: 1 credit
Prerequisites: None
Semesters: Fall - Brian Adam

 

AGEC 5321 - Agricultural Marketing and Economic Development.
Role of marketing in economic development, focusing on international economics; role of institutions in a market economy.
Credit Hours: 1 credit
Prerequisites: AGEC 5311
Semesters: Fall - Brian Adam

 

AGEC 5331 - Agricultural Marketing: Advanced Concepts.
Advanced topics in price variation across space, time, and form. Market and firm efficiency. Market structure, conduct, and performance, role of information in a market economy; and other selected topics.
Credit Hours: 1 credit
Prerequisites: AGEC 5311
Semesters: Fall - Brian Adam

 

AGEC 5343 - International Agricultural Markets and Trade.
Contemporary international agricultural trade theory and applications. Broaden students' understanding of contemporary cultural and economic issues outside the U.S. that affect global demand. Gains from trade and the theory of comparative advantage. No credit for students with credit in AGEC 4343.
Credit Hours: 3 credits
Prerequisites: None
Semesters: Fall - Shida Henneberry

 

AGEC 5403 - Production Economics.
Analysis of mcro static production economics problems; factor-product, factor-factor and product-product relationships; functional forms for technical unit and aggregate production functions; maximizing and minimizing choice rules; firm cost structure; scale relationships.
Credit Hours: 3 credits
Prerequisites: AGEC 5103
Semesters: Spring - R. Joe Schatzer

 

AGEC 5423 - Agribusiness Management.
Application of quantitative analysis to the evaluation of business plans for agribusiness firms. Preparation of business plans including mission statements, financial analyses, marketing plans, personnel, and organization requirements of the firm, production and operations plans as well as a contingency plan. Analysis of risk factors associated with agriculturally-based companies.
Credit Hours: 3 credits
Prerequisites: Consent of instructor
Semesters: Spring - Rodney Holcomb

 

AGEC 5463 - Advanced Agricultural Cooperatives.
Advanced understanding of cooperative business model and management skills. Advanced cooperative finance including profit center analysis, equity management, working capital management, budgeting, and capital budgeting.
Credit Hours: 3 credits
Prerequisites: AGEC 3463 or Consent of instructor
Semesters: Spring - Philip Kenkel

 

AGEC 5483 - Bio-Energy Feasibility.
Credit Hours: 3 credits
Prerequisites: AGEC 1114
Semesters: Fall - Philip Kenkel

 

AGEC 5503 - Economics of Natural and Environmental Resource Policy.
Economics of long term resource use with particular emphasis on agricultural and forestry problems. Methods for estimation of non-market prices. Cost benefits analysis of long term natural resource use and environmental policy. Elementary computer simulation of long term resource use and environmental policy.
Credit Hours: 3 credits
Prerequisites: AGEC 4503 or ECON 3113 and MATH 2103
Semesters: Fall - Tracy Boyer

 

AGEC 5603 - Advanced Agricultural Finance.
Financial management concepts applied to agricultural firms. Financial models that incorporate uncertainty and risk via stochastic simulation. Risk/return tradeoff for stocks and portfolio management.
Credit Hours: 3 credits
Prerequisites: AGEC 3603 or FIN 3113, ECON 3023 or 3113 and ECON 4213 or STAT 4043
Semesters: Fall - Rodney Jones

 

AGEC 5703 - Economics of Agricultural and Food Policy.
Application of welfare criteria and economic analysis to agricultural, food, and ruarl development problems and policies.
Credit Hours: 3 credits
Prerequisites: AGEC 4703 and AGEC 5103
Semesters: Spring - Mike Dicks

 

AGEC 5713 - Rural Regional Analysis.
Concepts of rural resource development and delineation of problem areas; theories of regional growth as applied to rural areas; policies and developmental programs for simulating countries.
Credit Hours: 3 credits
Prerequisites: AGEC 5103
Semesters: Spring - Dave Shideler

 

AGEC 5723 - Planning and Policy for Development.
Economics of market-based planning and policy analysis for developing countries, topics and tools in macro-and microeconomics of development, and social cost-benefit and project analysis with emphasis on agricultural and public policy. Hands-on application of econometrics, input-output analysis, and cost-benefit analysis using econometric software.
Credit Hours: 3 credits
Prerequisites: Master's level Microeconomics, Macroeconomics and regression analysis
Semesters: Fall - Art Stoecker

 

AGEC 5733 - International Agricultural Policy and Development.
Global welfare analysis of national food and agricultural trade and development policies of developed and developing countries. Analysis of import demand systems using real world data and incorporating economic and demographic variables.
Credit Hours: 3 credits
Prerequisites: Consent of instructor
Semesters: Spring - Shida Henneberry

 

AGEC 5783 - Bio-Energy Economics.
Credit Hours: 3 credits
Prerequisites:
Semesters: Fall - Philip Kenkel

 

AGEC 5990 - Advanced Studies.
Open to graduate students with consent of instructor only. Investigation in designated areas og agricultural economics.
Credit Hours: 1 to 6 credits, maximum 6
Prerequisites: None
Semesters: Fall

 

AGEC 6000 - Doctoral Dissertation.
Open to students pursuing graduate study in agricultural economics beyond the requirements for a masters degree. Independent research and thesis under the direction and supervision of a major professor.
Credit Hours: to be arranged
Prerequisites: None
Semesters: Fall

 

AGEC 6102 - Teaching Practicum in Agricultural Economics.
Philosophies of resident and nonresident teaching, general tasks performed, review, evaluation and lecture organization, preparation and presentation.
Credit Hours: 2 credits
Prerequisites: Two semesters of graduate study in Agricultural Economics
Semesters: Fall

 

AGEC 6103 - Advanced Applications of Mathematical Programming.
General presentation of nonlinear optimization theory and methods followed by applications of nonlinear programming. Use of GAMS/MINOS optimization software package.
Credit Hours: 3 credits
Prerequisites: AGEC 5103 and AGEC 5113
Semesters: Spring - Art Stoecker

 

AGEC 6213 - Advanced Econometrics.
Using advanced econometric techniques in applied research. Linear and nonlinear hypothesis testing; non-nested hypothesis tests; Monte Carlo hypothesis testing; stochastic simulation; misspecification testing. Extensive use of SAS statistical software package.
Credit Hours: 3 credits
Prerequisites: AGEC 5213 or ECON 5243; STAT 4203 and 4213 recommended
Semesters: Spring - Wade Brorsen

 

AGEC 6300 - Agricultural Marketing Seminar.
Current developments in theory, techniques for evaluating marketing behavior, market legislation and market development.
Credit Hours: 1 to 6 credits, maximum 6
Prerequisites: AGEC 5403 or consent of instructor
Semesters: Spring - Jayson Lusk

 

AGEC 6303 - Advanced Agricultural Marketing.
Marketing theory, market structure and performance, governmental regulation and policy and bargaining in agricultural markets.
Credit Hours: 3 credits
Prerequisites: AGEC 5303
Semesters: Spring - Chanjin Chung

 

AGEC 6400 - Seminar in Farm Management Production Economics.
Scientific research methodology applied to problems of resource efficiency.
Credit Hours: 1 to 6 credits, maximum 6
Prerequisites: AGEC 5403 or consent of instructor
Semesters: Spring - Art Stoecker

 

AGEC 6403 - Advanced Production Economics.
Formulating and solving applied economic optimization problems in agricultural production economics. Expected profit maximization; analyzing data from agronomic experiments; credit scoring; risk models such as stochastic dominance and expected utility.
Credit Hours: 3 credits
Prerequisites: AGEC 5403
Semesters: Fall - Wade Brorsen

 

AGEC 6700 - Agricultural Policy and Rural Resource Development.
Frontier issues in agricultural policy, natural resources and rural development
Credit Hours: 1 to 6 credits
Prerequisites: Consent of instructor
Semesters: Fall - Art Stoecker

 

Filed under:

OSU_2012_Template

Contact Information

Dr. Chanjin Chung
Graduate Coordinator
Anna Whitney
Student Services Specialist

417 A Ag Hall
Stillwater, OK 747078, U.S.A.
Phone: 405.744.6084
Fax: 405.744.8210
Email:agecgrad@okstate.edu