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 3183 - Agribusiness Accounting and Taxation.
Development of the ability to
read, analyze and use accounting information
to improve decision making and tax
planning. Same course as ACCT 3183. Credit Hours: 3 credits Prerequisites: 60 semester credit hours, including ENGL 1113 and MATH 1513 or equivalent Semesters: Fall
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.
The essentials of operating an agricultural small business. An introduction to the planning, organizing, marketing, managing, financing, controlling and operating an agricultural small business. Not recommended for agricultural economics or agribusiness majors.
Credit Hours: 3 credits Prerequisites: AGEC 1114 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 - , Spring -
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 3713 - Agricultural Law.
Survey of law with emphasis on agricultural problems, applications, and strategies for managing legal risk in the agribusiness setting. Contract law, tort law, property law, real estate transactions, business organization, estate planning, debtor/creditor law, environmental law, and water/resources law.
Credit Hours: 3 credits Prerequisites: AGEC 1114 Semesters: Fall - Shannon Ferrell, Spring - Shannon Ferrell
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 Ag Markets,
Trade and Development.
Contemporary international agricultural trade theory and applications. Tools to identify, evaluate critically, and seek solutions to complex international trade and development problems, such as gains from trade, impacts of trade barriers on social welfare, export promotion effectiveness, trade impacts on environment and land degradation, social benefits and costs of free trade areas, and impacts of genetically modified crops on trade.
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 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
