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AGEC 1114 - Introduction to Agricultural Economics.
Economic theory of production, marketing and consumption of agricultural products. The role and structure of agriculture in the American economy. Policies to achieve efficiency and welfare goals in agriculture. No general education credit for students also taking ECON 1113 or ECON 2103.
Credit Hours: 4 credits.
Prerequisites: MATH 1483 or 1513.
Semesters: Fall - Derrell Peel, Spring - Dan Tilley.

 
 

AGEC 3010 - Internship in Agricultural Economics.
Supervised work experience with approved public and private employers in agricultural economics including banks, farm credit services, agriculture chemical firms, Soil Conservation Service, congressional offices and other opportunities. Credit will not substitute for required courses. Graded on pass-fail basis.
Credit Hours: 1 to 6 credits, maximum 6.
Prerequisites: Approval of internship committee and adviser.
Semesters: Fall - Dan Tilley, Spring - Dan Tilley, Summer - Dan Tilley.

 
 

AGEC 3101 - Professional Career Development.
Overview of the various areas of specialization within agricultural economics and agribusiness and their associated career opportunities and obligations. Development and improvement of written communication, oral communication, and leadership skills.
Credit Hours: 1 credit.
Prerequisites: junior standing and agricultural economics or agribusiness major status.
Semesters: Fall - R. Joe Schatzer, Fall - R. Joe Schatzer.

 
 

AGEC 3213 - Quantative Methods in Agricultural Economics.
Indices, graphics, budgeting, discounting, basic statistical measures, use of microcomputers, and price analysis. Basic background methods for some courses involving analysis.
Credit Hours: 3 credits.
Prerequisites: AGEC 1114, STAT 2023 or equivalent, and MSIS 2103, AG 2112 or equivalent.
Semesters: Fall - R. Joe Schatzer, Fall - R. Joe Schatzer, Spring - R. Joe Schatzer.

 
 

AGEC 3323 - Agricultural Production Marketing and Sales.
Fundamentals of agricultural marketing management and planning applied to specific agricultural product (input and output) marketing problems. Institutional differences between agri-cultural and non- agricultural marketing environments. The role of the individual sales representative in a marketing and sales organization. Written and oral presentations of marketing and sales information required of all students.
Credit Hours: 3 credits.
Prerequisites: AGEC 1114, ENGL 1113, SPCH 2713.
Semesters: Fall - Kim Anderson, Spring - Kim Anderson.

 
 

AGEC 3333 - Agricultural Marketing and Price Analysis.
Supply, demand and price determination within the institutional environment of agricultural commodity markets. The roles provided by government intervention, marketing agreements, and cooperatives in agricultural markets. Some graphical analysis of commodity market data. Fundamentals of futures markets applied to agriculture.
Credit Hours: 3 credits.
Prerequisites: AGEC 3213 or concurrent enrollment.
Semesters: Fall - Brian Adam, Spring - Bailey Norwood.

 
 

AGEC 3403 - Ag Small Business Management.
n/a
Credit Hours: 3 credits.
Prerequisites: n/a.
Semesters: Fall - R. Joe Schatzer.

 
 

AGEC 3423 - Farm and Agribusness Management.
Fundamentals of managerial functions as applied to agricultural firms. Organization and management of human, financial, and physical assets for the prof.itable operation of an agricultural business. An introduction to business planning, enterprise budgeting, financial statements, and record keeping.
Credit Hours: 3 credits.
Prerequisites: AGEC 1114, ACCT 2103.
Semesters: Fall - R. Joe Schatzer, Spring - R. Joe Schatzer.

 
 

AGEC 3463 - Agricultural Cooperatives.
An evaluation of the fundamental principles, objectives, structure, finance, and management associated with the cooperative organization. An analysis of the cooperative business organization within the modern economy: history, legislation, and evolution. An examination of careers related to cooperatives.
Credit Hours: 3 credits.
Prerequisites: AGEC 3423.
Semesters: Spring - Philip Kenkel.

 
 

AGEC 3503 - Natural Resource Economics.
Framework for analyzing natural resource management decisions. Applications of microeconomic theory to the management of soil, water and other resources, with special emphasis on the institutions having an impact on management opportunities. Supply of and demand for natural resources, resource allocation over time, rights of ownership, and public issues of taxation, police power and eminent domain.
Credit Hours: 3 credits.
Prerequisites: AGEC 1114 or ECON 2103.
Semesters: Spring - Larry Sanders.

 
 

AGEC 3603 - Agricultural Finance.
Farm financial management; preparation and analysis of net worth, cash flow and income statements, including microcomputer applications; financial intermediaries; serving agriculture; procedures for evaluating investments; alternative means of acquiring control of farm resources.
Credit Hours: 3 credits.
Prerequisites: AGEC 3213 and AGEC 3423.
Semesters: Fall - Brian Briggeman, Spring - Brian Briggeman.

 
 

AGEC 3703 - Issues In Agricultural Policy.
Emerging issues related to agricultural policy in the United States.
Credit Hours: 3 credits.
Prerequisites: AGEC 1114.
Semesters: Fall - Larry Sanders.

 
 

AGEC 3990 - AAEA/SAEA Scholastic Review.
Directed study of selected agricultural economics topics.
Credit Hours: 1 to 3 credits, maximum 3.
Prerequisites: none.
Semesters: Fall, Spring, Summer.

 
 

AGEC 4213 - Quantative 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 nature of commodity futures markets and the mechanics of trading. Fundamentals and technical aspects of commodity prices. Basis and basis trading. Hedging and hedging strategies. Regulating commodity trading. Tax aspects. Appreciation of principles via computer game.
Credit Hours: 3 credits.
Prerequisites: AGEC 3213 and AGEC 3333.
Semesters: Spring - Robert Oehrtman.

 
 

AGEC 4343 - International Agricultural Markets, Trade and Development.
n/a
Credit Hours: 3 credits.
Prerequisites: AGEC 1114 or ECON 2103.
Semesters: Fall - Shida Henneberry.

 
 

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 - Mike Dicks.

 
 

AGEC 4413 - Agricultural Law.
Survey of law with emphasis on agricultural problems and applications. Contract law, tort law, property law, real estate transactions, oil and gas leases, business organization, estate planning and credit.
Credit Hours: 3 credits.
Prerequisites: AGEC 1114.
Semesters: Fall, Spring.

 
 

AGEC 4423 - Advanced Agribusiness 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 3113.
Semesters: Spring - 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. Determining the feasibility and profitability of land purchases.
Credit Hours: 3 credits.
Prerequisites: AGEC 3423.
Semesters: Spring - Notie Lansford.

 
 

AGEC 4703 - American Agricultural Policy.
Economic characteristics and problems of agriculture; evolution and signif.icance 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 and theories of regional and community economics, including input-output, economic base, simulation, budgeting, location, and routing. Oklahoma applications.
Credit Hours: 3 credits.
Prerequisites: AGEC 1114.
Semesters: Spring - Robert Oehrtman.

 
 

AGEC 4803 - International Agricultural Economics Tour.
A two-week international travel component. Provides an integrated approach to the cultural, agricultural, historical, technological, political, economic, and religious backgrounds of the region. Comparison of the agricultural business environment of the region to that of the U.S.
Credit Hours: 3 credits.
Prerequisites: Consent of instructor.
Semesters: Summer.

 
 

AGEC 4990 - Ag Cooperatives.
Research on special problems concerning agricultural economics.
Credit Hours: 1 to 6 credits, maximum 6.
Prerequisites: Consent of instructor.
Semesters: Fall, Spring, Summer.