Credit for formalized international experiences related to agricultural sciences and natural resources. Determination of credit based on nature of the proposed experience. Students should discuss the opportunity with their faculty advisors prior to the trip to determine if it is appropriate for credit. Credit hours will be determined by the department and college depending on the extent of activity and types of projects and/or presentations to be completed by the student upon return.

Repeatability: May be repeated. Maximum 12 hours.
Registration Permission: Consent of instructor.

Other Instructors: Boyer, Chris | Ader, David Russell | Kojima, Cheryl Jean | Kojima, Freddie Naoto

Overview of the curricular requirements for departmental majors, current issues in associated fields of study, and career opportunities.

Registration Restriction(s): Instructor permission required to enroll if student has greater than 60 credit hours.

Introduction to microeconomic and macroeconomic principles and their application to the global food and fiber system. Specific topics include consumer and producer behavior, market equilibrium, monetary and fiscal policy, and international trade. Satisfies Volunteer Core Requirement: (SS) Satisfies General Education Requirement through the 2021-2022 academic catalog: (SS).

Other Instructors: Velandia, Margarita M | Boyer, Chris | Clark, Christopher David | Wright, Hannah Emily

Introduction to financial and managerial controls with an emphasis on applications to farms, agribusinesses, and natural resource industries. Topics include the construction and use of basic financial documents, cost of goods sold, inventory management, tax management, and capital budgeting.

Introduction to agribusiness firm characteristics and decision-making. Overview of economic principles and the basic functions of management - planning, organizing, controlling, and directing. Specific topics include firm structure, forecasting, marketing and selling, budgeting, break-even analysis, use of financial statements, capital investment, supervision, staffing, and evaluation.

Principles and procedures for determining most profitable business organizations and systems of operation; attention to traditional and nontraditional agricultural enterprises and businesses; nature of managerial processes; business records and their uses; budgeting; acquisition and management of capital, land, labor and machinery; farm business planning. Satisfies Volunteer Core Requirement: (EI)
(RE) Prerequisite(s) : AREC 212 or AREC 270, and ACCT 200.
Recommended Background: Introductory economics and microcomputer competence.

Participation in the development of a total marketing plan for a product sold to or by farmers. Includes product identification; market research; and development of an action plan, including an extensive promotional plan, financial analysis, and evaluation. Requires preparation of final plan for presentation in written, oral, and visual formats. Plan presented in national competition during the National AgriMarketing Conference.

Repeatability: May be repeated. Maximum 6 hours.
Registration Permission: Consent of instructor.

Capstone experience for departmental majors involving application of curricular knowledge and skills to one or more case studies in the field of agricultural and resource economics.

Registration Restriction(s): Only open to agricultural and resource economics majors with at least junior standing.

Advanced topics in agricultural production management and applied use of advanced tools to make farm management decisions. Topics include business structure, managing income tax, machinery management, human resources, and the adoption and use of new and emerging technologies. Applied tools include mathematical programming, regression analysis, and spreadsheet decision tools.

(RE) Prerequisite(s) : AREC 324, AREC 342, AGNR 291.