Agricultural & Applied Economics: Academics: Graduate
Course Descriptions
4210/6210. Production Economics: Theory with Applications. 3 hours.
Oasis Title: PRODUCTION ECON.
Undergraduate prerequisite: AAEC 3580-3580L. Fundamental economic principles in determining efficient adjustments in agricultural resource use consistent with economic growth, and changing technology and economic conditions.
Not offered on a regular basis.
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4250/6250 (EHSC). Environmental and Public Health Law. 3 hours.
Oasis Title: ENV PUB HLTH LAW.
Not open to students with credit in AAEC 4930/6930.
Undergraduate prerequisite: Third-year student standing and (POLS 1101 or HIST 2111 or HIST 2112). Basic legal principles and procedures as they relate to environmental regulations and public health. Coverage of common law, torts, nuisances, regulatory standards, and state and federal environmental laws. Delineation of significant constitutional and federal regulations that affect managerial decisions.
Offered spring semester every year.
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4271/6271 (ANTH)(ECOL)FORS(GEOG)(INTL)(RLST) Field Studies in Natural Resources. 1-9 hours. Repeatable for maximum 10 hours credit.
Oasis Title: NAT RES FIELD STUDY.
Prerequisite: Permission of department.
Field studies to explore the management and conservation of natural resources with a focus on issues related to forestry, wildlife, ecology, recreation and tourism, geology, and/or coastal/water resources. The impact of humans on these resources will also be emphasized.
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4510/6510 Farm Appraisal. 3 hours.
Oasis Title: FARM APPRAISAL.
Undergraduate prerequisite: AAEC 2580 or ECON 2106.
Undergraduate prerequisite or corequisite: AAEC 3690 or FINA 3000.
The models of appraisal to farm property, including factors influencing farm land and building values, such as land use, soils, crops, livestock, and buildings.
Offered fall semester every year.
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4710/6710 Rural Economic Development and Growth. 3 hours.
Oasis Title: RURAL ECON DEV GRO.
Undergraduate prerequisite: Third year standing and (AAEC 2580 or ECON 2106).
Inputs and outputs between agriculture and agricultural businesses; analysis of factors affecting development and economic growth in developing areas.
Offered spring semester every year.
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4800/6800. Water Resource Economics. 3 hours.
Oasis Title: WATER RESOURCE ECON.
Undergraduate prerequisite: Third year standing and (AAEC 2580 or ECON 2106).
The economic aspects of the use, supply, development, and management of water resources with special emphasis on river basin and project planning, benefit-cost analyses, water demands, and multiple use management of water resources.
Non-traditional format: This course is also offered through University System of Georgia Independent Study (USGIS).
Offered fall semester every year.
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4870/6870 (FINA) Futures and Option Markets. 3 hours.
Oasis Title: FUTURES & OPT MKTS.
Undergraduate prerequisite: (AAEC 2580 or ECON 2106) and (AAEC 3690 or FINA 3000).
Development, functions, and importance of futures and option markets. Futures and option contracts; issues such as speculation, the roles of commission houses, commodity exchanges, and clearinghouses; and the use of future contracts as instruments for financing business activities. Technical and fundamental trading theories.
Offered fall and spring semesters every year.
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4910/6910. International Agribusiness Marketing and Management (Agribusiness Abroad). 3 hours.
Oasis Title: AGRIBUSINESS ABROAD.
Undergraduate prerequisite: AAEC 3040 or AAEC 3100.
Graduate prerequisite: AAEC 6580-6580L.
Directed field study tour(s), site visits to agribusiness firms, and lectures in agribusiness marketing and management from an international perspective. Language, cultural, and environmental aspects of agricultural production, processing, and international marketing.
Offered summer semester every year.
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4930/6930. Environmental Law and Governmental Regulation. 3 hours.
Oasis Title: ENV LAW GOV REG.
Not open to students with credit in AAEC(EHSC) 4250.
Undergraduate prerequisite: Third year standing and (POLS 1101 or HIST 2111 or HIST 2112). Regulatory theory, externalities and market failures, definition of key regulations affecting agribusiness, overview of local government law, and delineation of environmental laws relating to agriculture. Current environmental issues are related to statutory, administrative, and regulatory authorities.
Offered fall semester every odd-numbered year.
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4980/6980. Agribusiness Management. 3 hours.
Oasis Title: AGRIBUSINESS MGT.
Undergraduate prerequisite: (ACCT 2101 or AAEC 3300) and (AAEC 3690 or FINA 3000) and (AAEC 3040 or AAEC 3100). Apply and integrate skills into a workable approach to agribusiness management; provide a step-by-step approach to the application of practical management skills in marketing, demand analysis, forecasting, finance, operations, and personnel.
Non-traditional format: Involves exams, assignments, case studies, simulation, role playing and development of an actual business plan.
Offered fall and spring semesters every year.
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AAEC 6580-6580L. Microeconomics: Theory with Applications I. 4 hours.
3 hours lecture and 2 hours lab per week.
Oasis Title: MICRO/APP I.
Prerequisite: AAEC 3580 -3580L or permission of major.
Partial and general equilibrium analyses in the study of efficient resource allocation among households and firms. Perfect and imperfect output and input markets are investigated in terms of economic efficiency.
Offered fall semester every year.
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AAEC 6590. Microeconomics: Theory with Applications II. 3 hours.
Oasis Title: MICRO/APP II.
Prerequisite: AAEC 6580-6580L.
Fundamental economic principles in determining efficient adjustments in agricultural resource use consistent with economic growth, and changing technology and economic conditions.
Offered spring semester every year.
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AAEC 6610. Quantitative Techniques in Agricultural Economics. 3 hours.
Oasis Title: QUANT TECH AG ECON.
Prerequisite: STAT 4210 or STAT 6210 or permission of major.
Basic quantitative techniques in agricultural economic theory, emphasizing basic models used in the study of prices, marketing, and production.
Offered fall semester every year.
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AAEC 6630. Decision Theory for Resource Allocation. 3 hours.
Oasis Title: RESOURCE ALLOCATION.
Prerequisite: AAEC 6580-6580L.
Application of decision theory to natural and economic resources. Linear, nonlinear, and dynamic programming techniques for problems in economic and natural resource allocation.
Offered spring semester every odd-numbered year.
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AAEC 6760. Intermediate Agricultural Prices. 3 hours.
Oasis Title: INTERM AG PRICES.
Prerequisite: AAEC 6580-6580L and AAEC 6610.
Price theory and statistical techniques that allow the student to advance beyond the introductory level of analyzing agricultural prices.
Offered fall semester every year.
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AAEC 6960. International Agricultural Trade. 3 hours.
Oasis Title: INTERNAT AG TRADE.
Prerequisite: AAEC 6580-6580L.
Trade theory and an analysis of agricultural policies among nations.
Offered spring semester every even-numbered year.
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AAEC 7000. Master's Research. 1-9 hours. Repeatable for maximum 36 hours credit.
Oasis Title: MASTER'S RESEARCH.
Prerequisite: Permission of department.
Research while enrolled for a master's degree under the direction of faculty members.
Non-traditional format: Independent research under the direction of a faculty member.
Offered fall, spring, and summer semesters every year.
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AAEC 7005. Graduate Student Seminar. 3 hours. Repeatable for maximum 45 hours credit.
Oasis Title: GRAD STUDENT SEM.
Advanced supervised experience in an applied setting. This course may not be used to satisfy a student's approved program of study.
Non-traditional format: Seminar.
Offered fall, spring, and summer semesters every year.
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AAEC 7300. Master's Thesis. 1-9 hours. Repeatable for maximum 36 hours credit.
Oasis Title: MASTER'S THESIS.
Prerequisite: Permission of department.
Thesis writing under the direction of the major professor.
Non-traditional format: Independent research and thesis preparation.
Offered fall, spring, and summer semesters every year.
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AAEC 7600. Environmental Economics and Policy Analysis. 3 hours.
Oasis Title: ENVIR ECON POL ANAL.
Environmental policy in both mathematical and intuitive economics, including externalities, policy instruments, and implementation. Concepts are applied to United States environmental policy toward air and water pollution, hazardous substances, and implementation of environmental law.
Offered spring semester every year.
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FORS(AAEC) 7860. Resource Economics and Management. 3 hours.
Oasis Title: RES ECONOMICS & MGT.
Prerequisite: AAEC 6580-6580L or ECON 8000.
Economic and physical concepts of scarcity, the impact of market and social factors on resource use, and the optimal management of renewable and nonrenewable resources.
Offered spring semester every year.
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AAEC 8000. Special Readings in Agricultural Economics. 3 hours. Repeatable for maximum 9 hours credit.
Oasis Title: SPEC READINGS AG EC.
Prerequisite: Permission of department.
Literature, the concepts and analytical tools for production economics, marketing, or resource economics.
Offered fall, spring, and summer semesters every year.
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AAEC 8010. Seminar in Agricultural and Applied Economics. 1 hour. Repeatable for maximum 3 hours credit.
Oasis Title: SEMINAR AG APP ECON.
Prerequisite: AAEC 6580-6580L.
Agricultural policy, production, marketing, development, trade, agribusiness management or natural resources. Theoretical and methodological issues, empirical analyses, and firm/industry/academic policy and other research issues.
Non-traditional format: Graduate seminar course.
Offered fall, spring, and summer semesters every year.
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AAEC 8020. Topics in Agricultural and Applied Economics. 1-3 hours. Repeatable for maximum 9 hours credit.
Oasis Title: AG & APP ECON TOPIC.
Prerequisite: Permission of department.
Agricultural policy, production, marketing, development, trade, agribusiness management or natural resources. Theoretical and methodological issues, empirical analyses, firm/industry policy, and other issues.
Non-traditional format: Directed study.
Offered fall, spring, and summer semesters every year.
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AAEC 8080. Production Economics: Theory and Application. 3 hours.
Oasis Title: PROD ECO THRY & APP.
Prerequisite: AAEC 6580-6580L and AAEC 6610.
Economic theory of production, duality, applications, and modeling.
Offered spring semester every even-numbered year.
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AAEC 8100. Nonmarket Economic Valuation Techniques and Applications. 3 hours.
Oasis Title: NONMRKT ECON VAL.
Prerequisite: AAEC 6580-6580L.
Economic analysis of contemporary rural natural resources, environmental policies, and agricultural policies and projects. Application of theory and techniques to local, state, and national problems and issues, particularly those affecting rural areas.
Offered fall semester every year.
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(AAEC)EHSC 8120. Roles and Responsibilities of Environmental Policy Makers. 2 hours.
Oasis Title: ENVIRON POLICY.
Prerequisite: Permission of department.
Roles of science, engineering, law, journalism, economics, grass roots activism, and the legislative and regulatory process in the development of environmental policy.
Offered spring semester every year.
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AAEC 8140. Consumer Demand Theory. 3 hours.
Oasis Title: CONSUMER DEM THY.
Prerequisite: AAEC 6580-6580L and (STAT 4220 or STAT 6220).
Theoretical treatment of consumer demand. Utility theory and its assumptions, consumer behavior theory, and problems of application in agricultural and applied economics.
Offered spring semester every odd-numbered year.
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AAEC 8210. Agricultural Programs and Policy. 3 hours.
Oasis Title: AG PROG & POLICY.
Alternative governmental programs and policies as they relate to the solution of specific agricultural problems.
Offered spring semester every even-numbered year.
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AAEC 8300. Agricultural Economics Research. 2 hours.
Oasis Title: AG ECON RESEARCH.
Methodology, techniques, and guidance for individual research in problems of agricultural economics.
Offered summer semester every odd-numbered year.
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AAEC 8400. Agricultural Market Structure and Analysis. 3 hours.
Oasis Title: AG MARKET ANALYSIS.
Prerequisite: AAEC 6580-6580L.
The market in economic development and evaluation of structure, conduct, and performance in the United States agribusiness sector. Problems of market coordination and associated policy issues.
Offered spring semester every even-numbered year.
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(AAEC)ECOL 8700. Environmental Policy and Management. 3 hours.
Oasis Title: ENV POLICY & MANAGE.
Evolution, form, and substance of United States federal policies and programs that address ecological problems, focusing on the nature of problems and alternatives for effective resolution.
Offered fall semester every year.
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AAEC 8710. Advanced Agricultural Development and Growth. 3 hours.
Oasis Title: ADV AG DEV & GRO.
Prerequisite: AAEC 6580-6580L or ECON 8010.
Major economic problems of the agricultural sector of developing countries and a study of policy instruments which have been used to resolve these problems.
Not offered on a regular basis.
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AAEC 8750. Natural Resource and Environmental Economics. 3 hours.
Oasis Title: NAT RES & ENV ECON.
Prerequisite: AAEC 6580-6580L.
Management of natural and environmental resources. Major theoretical concepts will provide a basis for examination of efficient production and consumption allocation decisions related to natural resources. Emphasis will center on economic, institutional, and legal aspects which prevent private markets from efficiently valuing resources.
Offered spring semester every odd-numbered year.
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AAEC 8760. Topics in Natural Resource and Environmental Economics. 3 hours. Repeatable for maximum 6 hours credit.
Oasis Title: ENVIRO ECON TOPICS.
Prerequisite: AAEC 6580-6580L.
Classical and contemporary topics in natural resource and environmental economics following a seminar/discussion format.
Not offered on a regular basis.
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AAEC 8800. Dynamic Optimization in Agricultural and Resource Economics. 3 hours.
Oasis Title: DYN OPT AG RES ECON.
Prerequisite: AAEC 6580-6580L and ECON 8000 and ECON 8110.
Dynamic optimization and optimal control techniques relevant to agricultural and resource economics. Calculus of variations, the maximum principle, dynamic programming, and both open-loop and closed-loop optimal control.
Offered fall semester every odd-numbered year.
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AAEC 8850. Risk and Uncertainty in Agricultural Decision Making. 3 hours.
Oasis Title: RISK IN AG DECISION.
Prerequisite: ECON 8020.
Applications of microeconomic theory to measure and assess the impact of risk on firm, consumer, and market decisions and welfare. Evaluation of main sources of risk, including price, production, and technological uncertainty. Identification of firm responses to risk in financing, marketing, insurance, and contractual arrangements.
Offered spring semester every even-numbered year.
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AAEC 9000. Doctoral Research. 1-9 hours. Repeatable for maximum 36 hours credit.
Oasis Title: DOCTORAL RESEARCH.
Prerequisite: Permission of department.
Research while enrolled for a doctoral degree under the direction of faculty members.
Non-traditional format: Independent research under the direction of a faculty member.
Offered fall, spring, and summer semesters every year.
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AAEC 9005. Doctoral Graduate Student Seminar. 3 hours. Repeatable for maximum 45 hours credit.
Oasis Title: DOC GRAD STU SEM.
Advanced supervised experience in an applied setting. This course may not be used to satisfy a student's approved program of study.
Non-traditional format: Seminar.
Offered fall, spring, and summer semesters every year.
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AAEC 9300. Doctoral Dissertation. 1-9 hours. Repeatable for maximum 36 hours credit.
Oasis Title: DOCT DISSERTATION.
Prerequisite: Permission of department.
Dissertation writing under the direction of the major professor.
Non-traditional format: Independent research and preparation of the doctoral dissertation.
Offered fall, spring, and summer semesters every year.
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