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Crookston Courses

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AGRICULTURAL ECONOMICS (AGEC)
Academic Affairs
Agriculture and Natural Resources
 
AGEC 1004 - Introduction to Agribusiness
(3.0 cr; fall, every year)
Background of American agriculture. Interrelationships of agricultural industries. Economic concepts of production, marketing, and consumption. Principles of management. Agricultural policy. Issues/trends in agribusiness.



AGEC 1005 - World Agricultural Food Systems
(3.0 cr; spring, every year)
Historical preferences, consumer trends in diverse geographic regions. How global/national policies affect food trade.



AGEC 1803 - Directed Studies
(1.0 - 3.0 cr [max 6.0 cr]; Prereq-#; fall, spring, every year)
Current topics not covered in regularly offered courses.



AGEC 2310 - Agribusiness Financial Records
(3.0 cr; fall, spring, summer, every year)
Applied course in record keeping. Use of computerized system to record business transactions; manage agricultural inventories, receivables, payables, and payroll; and generate coordinated financial statements.



AGEC 2530 - Professional Agriselling
(3.0 cr; A-F or Aud, fall, spring, summer, every year)
Use of technical and agricultural knowledge in agricultural sales. Need-satisfaction approach to selling. Planning and conducting informational meetings, exhibiting at farm and trade shows, importance of service and timeliness in agribusiness, and practice in making agrisales presentations.



AGEC 3050 - Economics for AgriBusiness Management
(3.0 cr; Prereq-Econ 2101 or instructor consent; A-F or Aud, spring, every year)
Gathering, organizing, assimilating, applying information applicable to current economic environment. Behavior of individual consumers, resource owners, business firms, market operation in a free enterprise economy. Applying basic economic principles that govern profit. Elements and effects of government policy. Real-world forecasting and planning.



AGEC 3430 - Food Marketing Systems
(3.0 cr; Prereq-ECON 2101; fall, every year)
Topics include frameworks for analyzing food marketing systems. Marketing institutions, food prices, marketing costs, functional/organizational issues, role of government. Grades/standards. Issues in transportation, storage, and international trade.



AGEC 3540 - Farm Business Management
(3.0 cr; Prereq-2310 or Acct 2102; A-F or Aud, fall, spring, every year)
Principles of farm accounting. Financial/income statements, cash flow statements, depreciation methods, farm income tax, enterprise analysis, farm management decision making, budgeting/planning, computer analysis of farm business.



AGEC 3640 - Agricultural Finance and Valuation
(3.0 cr; Prereq-2310 or ACCT 2102; A-F or Aud, spring, every year)
Analysis of investment strategies and financing policies for farm and agribusiness firms. Liquidity, solvency, profitability. Financial documents, legal aspects of credit, financial intermediaries serving agriculture, property valuation, estate planning.



AGEC 3804 - Individual Studies
(1.0 - 3.0 cr [max 6.0 cr]; Prereq-Jr, #.; fall, spring, every year)
Topic related to student's major not covered in regularly offered courses.



AGEC 4460 - International Marketing Problems and Practices
(3.0 cr; spring, every year)
Problems/practices facing companies in international trade. Import/export regulations, exchange rates, business practices/policies.



AGEC 4740 - Grain and Livestock Marketing
(3.0 cr; fall, spring, every year)
Students develop commodity marketing plan for grain or livestock farming operations. Topics include cash markets, grid pricing, grade premiums/discounts, contracting, crop/livestock insurance, and futures/options.



AGEC 4750 - Agribusiness Marketing
(3.0 cr; Prereq-2530 or instructor consent; fall, every year)
Role of marketing in agribusiness. Marketing systems/strategies for competitiveness in a rapidly changing marketplace. Identifying strengths/opportunities to create competitive advantage.



AGEC 4760 - Business Plan Development for Agribusiness
(3.0 cr; =[ENTR 3200]; Prereq-4740 or 4750; spring, every year)
Students work with agribusiness firm to assess current situation, future challenges/opportunities. Student teams conduct research, analyze results, formulate marketing plan. Findings/recommendations are presented to the business. Capstone course.



AGEC 4800 - Rural Economic Development Practicum
(3.0 cr)
Students develop strategies/program to promote economic development for a real rural community, including implementation/financing plans.



 
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