AGBU 1013 Principles of Agricultural Business

Overview of the economic theories associated with the production, consumption, and marketing of agricultural products, and with the policies designed to achieve efficiency and welfare goals in agriculture. Lecture three hours.

AGBU 2063 Principles of Agricultural Macroeconomics

Prerequisite: AGBU 1013. A study of macroeconomic variables that affect agriculture with emphasis on consumption, unemployment, inflation, government spending and taxes, investments, national income, and money and banking. Lecture three hours.

AGBU 2073 Principles of Agriculture Microeconomics

Prerequisite: AGBU 1013. A study of microeconomics variables that affect agriculture with emphasis on price determination, production, costs, income distribution, perfect and imperfect competition. Lecture three hours.

AGBU 3133 Intermediate Agricultural Macroeconomics

Prerequisite: AGBU 2063 and 2073 or consent of instructor. A study of macroeconomic theory and its application to the agriculture industry. Lecture three hours.

AGBU 3143 Intermediate Agricultural Microeconomics

Prerequisite: AGBU 2063 and 2073 or consent of instructor. A study of microeconomic theory and its application to the agriculture industry. Lecture three hours.

AGBU 3213 Career Development in Agriculture

Prerequisite: Junior standing. Study of the professional opportunities and responsibilities associated with agricultural business careers. Interaction with professionals in the chosen career along with development and improvement of written communication, oral communication, and leadership skills. Lecture three hours.

AGBU 3993 Internship I in Agriculture

Prerequisite: Approval of the department head. A supervised, practical experience providing undergraduate agribusiness majors with a hands-on, professional  experience in a position relating to an area of career interest. The student will work in a local cooperating agribusiness establishment under the supervision of a member of management of that firm. A minimum of 300 clock hours of supervision, maintain a weekly internship log and prepare a final report. Note: only three hours of Internship I in Agriculture may be used to satisfy the curriculum requirements for a B.S. degree in Agribusiness.

AGBU 4003 Agri-Business Management

Prerequisite: AGBU 1013, Junior standing, or consent of the instructor. A study of the managerial practices and procedures that apply to all agriculture businesses.  Emphasis is placed on the use and application of management and economic principles in decision making  directed toward profit maximization. Lecture three hours.

AGBU 4013 Agricultural Marketing

Prerequisite: AGBU 2063 and 2073, or consent of instructor. A study of marketing functions, practice, organizational structure, legal aspects of agricultural marketing in relation to marketing policies, analysis of consumer behavior, and market demand. Lecture three hours.

AGBU 4023 Agricultural Finance

Prerequisite: AGBU 2063 and 2073 or consent of instructor. Designed as an economic and accounting study of the processes in agricultural businesses. Manufacturing costs, income tax, managerial reports, cash flow, and statement analysis of agricultural businesses along with capital allocation and the purpose and efficiency of agricultural lending institutions are analyzed. Lecture three hours.

AGBU 4033 Agricultural Policy

Prerequisite: AGBU 2063 and 2073 or consent of instructor. Designed as an introduction to historical and current federal governmental  legislation in agriculture. Specific emphasis is placed on the logic, beliefs, attitudes and values of the American people coincident with the

social, economic, and political environment, and on evaluating the objectives, means and the observed results through the criteria of resource allocation and income distribution in the agricultural sector of the economy. Lecture three hours.

AGBU 4043 Appraisal of Farm Real Estate

Prerequisite: AGBU 2063 and 2073, or consent of instructor. A practical application of principles and practices in farm real estate  evaluation, emphasizing the processes of value development and uses. Lecture three hours.

AGBU 4053 Agricultural Price Analysis

Prerequisite: AGBU 2063 and 2073. Study of the trends, cycles, and seasonal patterns associated with agricultural markets and institutional arrangements. Graphical and statistical analysis of commodity data and the fundamentals of agricultural futures markets are covered. Lecture three hours.

AGBU 4063 Agricultural Investments

Prerequisite: AGBU 2063 and AGBU 2073, senior standing or consent of instructor. An in-depth analysis of investment opportunities available in the field of agriculture. Emphasis will be on investment in stocks, bonds, agricultural commodities, futures hedging, and in

international currencies. Students will be required to create and maintain a diversified investment portfolio with weekly monitoring of their chosen investments. Lecture three hours.

AGBU 4983 Internship II in Agriculture

Prerequisite: Internship I in Agriculture, approval of the department head, junior or senior standing, minimum of 2.5 GPA overall. A supervised, practical experience providing undergraduate agribusiness majors with a hands-on, professional experience in a position relating to an area of career interest. The student will work in a local cooperating agribusiness establishment under the supervision of a

member of management of that firm. A minimum of 300 clock hours of supervision, maintain a weekly internship log, prepare a final report and present at least a 15 minute seminar to the agriculture department. Note: only three hours of Internship II in Agriculture may be

used to satisfy the curriculum requirements for a B.S. degree in Agribusiness.

AGBU 4991-4 Special Problems In Agriculture

Prerequisite: Permission of the department. One to four hours credit, depending on the nature and extent of the problem. This is a course designed to introduce qualified students to specific agricultural areas including Agribusiness, Animal Science, Horticulture, or Plant

Science. Note: only six hours of Special Problems in Agriculture may be used to satisfy the curriculum requirements for the B.S. degree in Agribusiness.