2008-2009 General Catalog, California State University, Fresno.

You are in the official 2008-2009 General Catalog
for California State University, Fresno.

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Department of Agricultural Economics

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COURSES

Note: Active immunization against tetanus (available through Student Health Services) is a prerequisite for registration in any laboratory course in agriculture and for any student employment on the University Farm.

Note: Cost to the student of extended field trips will vary each semester depending upon itinerary. The student should ask the course instructor.

 

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Economic Principles (AGEC)

AGEC 1. Introductory Agricultural Economics (3)

Prerequisite: G.E. Foundation A2. Microeconomic principles of resource allocation, production, cost, and market price equilibrium with primary application to farms and agribusinesses. Supply and demand in commodity pricing under perfect and imperfect competition. Optimizing single variable input production function; total/marginal approaches to profit maximizing output. G.E. Breadth D3.

AGEC 2. Agricultural Sector Analysis (3)
Domestic and international forces affecting industry profitability of farm input suppliers, agricultural producers, commodity processors, food marketers; government fiscal, monetary, trade policies interaction with agricultural credit, price support, food subsidy programs; impact on agribusiness asset values, debt accumulation, income levels.

AGEC 5. Survey of Agricultural Economics and Agribusiness (3)
Not open to students with credit in any upper-division AGEC course. Orientation to agricultural sector, institutions, and historic farm problems. Basic economic concepts and business principles applied to management, marketing, finance, and trade. Consumer demand and producer supply functions. Competitive market price determination. Overview of resource, environmental, consumer, and farming issues and government policies

AGEC 100. Intermediate Agricultural Economics (3)
Prerequisites: AGEC 1; AGEC 78 or DS 71 or MATH 75. Microeconomic theory of agricultural production in factor-product, factor-factor, product-product decisions; production costs and economies of size; consumer choice theory; price and output determination under imperfectly competitive markets; marginal productivity theory and the derived demand for agribusiness inputs.


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Farm Management (AGEC)

AGEC 110N. Introductory Farm Management (3)

Prerequisites: AGEC 1, 31, and 76. Survey course for non-agricultural business majors. Introduction to applied economics and farm business management topics: farm accounting, financial statement analysis, management principles, computer assisted decision aids, animal and crop enterprise budgeting, farm business planning, tax management, investment analysis, agricultural finance. (2 lecture, 3 lab hours)

AGEC 110. Farm Management (3)
Prerequisites: AGEC 31, 76, and 100. Production economics and management techniques for analysis of efficient farm resource use, planning and organization; analysis of budgeting and optimization techniques, and computer applications for developing farm management plans. (2 lecture, 3 lab hours)

AGEC 117. Agricultural Labor-Management Relations (3)
Prerequisite: AGEC 1. Economic analysis of the farm labor market; labor productivity, agricultural mechanization and farm employment; farm labor laws and government regulations; agricultural labor relations, unionization, and collective bargaining; farm personnel administration practices and supervisory management principles.

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Agribusiness Management (AG EC)

AGEC 28. Introductory Agricultural Law (3)

Fundamentals of agricultural law including historical sources; legislative laws and business ethics; administrative regulations, judicial decisions affecting agriculture; express and implied contracts with remedies for their breach in agricultural situations; real and personal property law plus secured transactions in agriculture.

AGEC 120. Agribusiness Management (3)
Prerequisite: AGEC 1. Organizational forms and management functions of agribusiness firms; human resource management systems; management science principles for optimizing plant location, equipment replacement, inventory control, and sales volume; operations research techniques, including probability-based network and decision models, for solving agribusiness problems.

AGEC 122. Agricultural Cooperative Management (3)
Prerequisite: AGEC 120. Philosophical, historical, and legislative evolution of U.S. agricultural cooperatives; uniqueness of cooperative organization, planning, direction and control functions vis-a-vis standard corporations; legal, financial, and tax considerations in managing input-supply and marketing cooperatives; case studies and field trips to cooperatives.

AGEC 124. Food and Fiber Industry Management (3)
Prerequisite: AGEC 1. Production management of farm input manufactures, agricultural commodity processing, food/fiber product distribution; functional approach to transformation/value-added operations including planning, organizing, directing, coordinating, controlling; case applications to materials handling, product development, food packaging, quality control, transportation logistics, inventory management.


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Financial Planning (AGEC)

AGEC 31. Farm Accounting (3)

Basic concepts and principles of financial accounting systems applied to farm operations; mechanics of recording single and double entry transactions under cash and accrual accounting methods; preparation and analysis of enterprise records and financial statements to generate management information.

AGEC 32. Agribusiness Managerial Accounting (3)
Prerequisite: AGEC 31 or ACCT 4A. Application and analysis of accounting information for farm and agribusiness management; integration of economic, and financial principles in preparing business plans; equipment cost control and crop enterprise accounting methods; capital investment and profit performance; introduction to computerized farm accounting systems. (2 lecture, 1 arranged)

AGEC 130. Agricultural Finance (3)
Prerequisites: AGEC 2, 31, 76; 100 or instructor's permission. AGEC 32 recommended. Analysis of farm financial statements; legal instruments of financial transactions; institutional sources of farm credit; time value of money and capital budgeting for agricultural investment; cost of debt and equity capital; risk management strategies; insurance, tax, and farm estate planning.

AGEC 131. Agricultural Capital Markets (3)
Prerequisites: AGEC 2, 31, 76, 100 or instructor's permission. AGEC 32 recommended. Analysis of farm financial statements; legal instruments of financial transactions; institutional sources of farm credit; time value of money and capital budgeting for agricultural investment; cost of debt and equity capital; risk management strategies; insurance, tax, and farm estate planning.

AGEC 136. Farm and Ranch Appraisal (3)
Prerequisites: AGEC 1. AGEC 110 or 110N recommended. Principles of agricultural appraisal; physical and economic factors affecting land values; estimation of real estate value using income, cost, and market data approaches; case studies and field problems involving the valuation of local farm and ranch properties.

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Agricultural Development (AG EC)

AGEC 140. International Agricultural Economics (3)

Prerequisites: AGEC 1; AGEC 2 or ECON 50. U.S. agricultural sector in the global economy; trade theory versus government protectionism; domestic farm programs impacts on commodity exports/imports; international agreements, multi-lateral institutions, foreign currency exchange rates, overseas investment; regulatory, fiscal, and monetary policies affecting agribusiness competitiveness in world markets.


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Public Policy (AGEC)

AGEC 150. Agricultural and Food Policy (3)

Prerequisite: AGEC 1. AGEC 2 recommended. Analysis of public policies affecting the economics of U.S. and California agriculture; government programs influencing agricultural production, commodity distribution, market prices, farm income; environmental and natural resource issues; nutrition, food safety and biotechnology concerns; food industry regulation; international agricultural trade.

AGEC 151. Natural Resource Economics (3)
Prerequisite: AGEC 1. Economics of allocating and regulating resource use; land, water, air, forest, mineral, wildlife, and pollution issues; values conflict over resource preservation versus utilization balance; urbanization, farming, and environmental quality; collective action and public policy solutions for ecosystem survival and sustainable agriculture.

AGEC 153. Agricultural Trade (3)
Prerequisites: AGEC 2, 150. Comparative advantage, trade models, protectionist barriers and balance of payments; world agricultural trade patterns and international commodity agreements; domestic farm programs and foreign trade policies; surplus food aid and concessionary sales overseas; trade liberalization versus preferences issue and economic development.

AGEC 155. Environmental and Natural Resource Economics (3)
Prerequisites: G.E. Foundation and Breadth Area D. Economic analysis of public policies governing land use, water management, energy generation, mineral exploitation and forest administration; review of population pressures and resource conservation; examination of externalities, property rights issues, resource use planning, agricultural zoning, environmental regulations, and reclamation law. G.E. Integration ID.

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Product Marketing (AGEC)

AGEC 64. Agricultural Sales and Promotion (3)

Principles and practices of selling agricultural products; merchandising techniques and sales approaches; customer prospecting and service; promotional programs, advertising campaigns, and public relations for agricultural industries and organizations; multimedia utilization strategies; written/oral communication abilities, and computer presentation skills development. (Formerly AGEC 166)

AGEC 160. Agricultural Marketing Analysis (3)
Prerequisite: AGEC 100 or permission of instructor. Commodity transformation and product flow through processing and distribution channels; market structure, conduct and performance; marketing system efficiency and marketing bill components; over supply, marketing orders, grading and standards, and price stabilization; price forecasting, futures market trading, and risk management.

AGEC 162. Commodity Futures Trading (3)
Prerequisite: AGEC 160 or permission of instructor. Study of commodity futures and options markets; speculative trading and techniques of fundamental and technical analyses; crop and livestock hedging strategies for commodity procurement and marketing; integrating options and futures trading for risk management; and development of futures trading plans.

AGEC 163. Agricultural Export Marketing (3)
Prerequisite: AGEC 160 or permission of instructor. Determination of potential overseas markets for U.S. agricultural products through export marketing studies; foreign business environment and distribution channels; product preparation and transportation abroad; cultural-specific promotional and advertising programs; international sales agreements, financial transactions, plus banking and shipping documentation.

AGEC 164. Agribusiness Sales Management (3)
Prerequisite: AGEC 1. Marketing management strategies for stimulating business and consumer demand for agricultural goods and services; food and fiber merchandising using institutional, functional, value approaches; sales program organization and staff development for effective communication of product information and timely completion of transactions.


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Decision Analysis (AGEC)

AGEC 71. Agricultural Business Statistics (3)
Prerequisite: ELM requirement met. Study of statistical techniques and formal reasoning applications to management and social and agricultural sciences. Calculation, interpretation, critical evaluation, and historical relevance of quantitative tools, data analysis, and results including graphical presentations, descriptive and inferential statistics, hypothesis formulation and testing, and regression.

AGEC 76. Agribusiness Microcomputer Applications (3)
Applied microcomputing for agribusiness management; use of spreadsheet, database management, and presentation software; applications to basic farm accounting and financial budgeting, farm production recordkeeping, crop and livestock enterprise management, and commodity price trend tracking. (2 lecture, 3 lab hours)

AGEC 78. Agribusiness Quantitative Analysis (3)
Prerequisite: ELM requirement met. Functional relationships, marginal analysis and decision-making models in agribusiness; logic and probability in diagnosing problems, designing operations and achieving objectives; identification of procedures for efficient resource utilization.

AGEC 170. Advanced Agribusiness Applications (3)
Prerequisites: AGEC 110, 120, 130, 150, 160; upper-division writing skills requirement. Research methods applied to agricultural business; problem definition and solution formulation; data collection and analysis using statistics and other techniques. Culminating activities may include research proposal, feasibility study, project review, business plan, strategic management, case study; written reports and oral presentations.

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Special Topics (AGEC)

AGEC 80. Undergraduate Research (1-4; max total 4)

Prerequisites: AGEC 1 and permission of instructor. Directed study or research on particular problems in the field of agricultural economics and business. Consult department policies and procedures governing undergraduate research. Approved for RP grading.

AGEC 85T. Topics in Agricultural Business (1-3; max total 6)
Agricultural economics, farm management, agribusiness management, financial planning, agricultural development, public policy, product marketing, and decision analysis. Topics may require lab hours.

AGEC 180. Undergraduate Research (1-4; max total 4)
Prerequisites: senior standing, upper-division writing skills requirement, permission of instructor. Directed study or research on particular problems in the field of agricultural economics and business. Consult department policies and procedures governing undergraduate research. Approved for RP grading.

AGEC 185T. Topics in Agricultural Business (1-3; max total 9)
Prerequisite: AGEC 1. Agricultural economics, farm management, agribusiness management, financial planning, agricultural development, public policy, product marketing, and decision analysis. Topics may require lab hours.

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Industry Relations (AGEC)

AGEC 192. Agricultural Business Field Studies (2)

Prerequisite: AGEC 1. Business and economic functions performed by specialized agricultural agencies with emphasis on physical operating patterns. Field trips to production, marketing, and finance firms. Workshops with agribusiness managers. (1 lecture, 2 lab hours) (Field trip fee, $75)

AGEC 194. Agribusiness Internship (1-3; max total 6)
Prerequisites: junior standing. Emphasis on development of decision-making ability through industrial experience integrated with basic principles acquired in the classroom. Only 3 units of internship allowable in the major. CR/NC grading only.

AGEC 195. Agribusiness Career Seminar (2)
Prerequisite: junior standing or permission of instructor. Career exploration and academic preparation in agribusiness; assessment of personal and professional skills matching agricultural occupational choices; career planning, self-marketing strategies, and job-hunting tactics; resume and letter writing, interview and job-offer negotiations; workshops with industry representatives.

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GRADUATE COURSES

(See Catalog Numbering System and Eligibility.)

Agricultural Business (AGBS)

AGBS 210. Agribusiness Industry Analysis (3)

Prerequisite: classified standing or permission of instructor. Analysis of characteristics unique to agricultural institutions; practices in financing, producing, and marketing food and fiber products; integration of economic principles with management techniques for optimum decision-making under risk and uncertainty; crop/livestock enterprise budgeting; policy environment impact on agriculture.

AGBS 220. Food Processing and Distribution Management (3)
Prerequisite: AGBS 210. Classified standing or permission of instructor. Analysis of strategic management decisions involving pricing relationships, processing and packaging systems, supply channel management, transportation modes and distribution logistics for agricultural products in domestic and global markets; applications to food industry case problems including international food marketing firms. (Formerly AGBS 225)

AGBS 240. International Trade and Agriculture (3)
Analysis of global markets and national trade policies; economic principles underlying free trade and World Trade Organization; regional integration for growth/development; protectionism/preferences impact on capital investment flows, firm productivity, and industry competitiveness; domestic farm programs, international commodity agreements, and agricultural trade distortions.

AGBS 250. Agricultural Policy Analysis (3)
Classified standing or permission of instructor. Examination of policy-making processes; evaluation of government farm and food programs; determination of industry responses and firm adjustments to changing market structures and government policies; urbanization and other land, air, water resource issues impacting agriculture; geopolitics and agricultural trade policy.

AGBS 260. Commodity and Food Market Analysis (3)
Prerequisite: AGBS 210. Classified standing or permission of instructor. Economic and institutional relationships in food and fiber markets; commodity futures trading and risk management; derived demand by agribusiness for raw commodities; food industry marketing margins and market price determination; distribution and merchandising strategies; spatial and intertemporal price equilibrium models.

AGBS 280T. Topics in Agricultural Business (3; max total 6)
Prerequisite: AGBS 210. Classified standing or permission of instructor. Fields of study include: farm management, agribusiness management, financial planning, international agriculture, public policy, and product marketing.

AGBS 290. Independent Study (1-3; max total 6)
See Academic Placement -- Independent Study. Approved for RP grading.


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IN-SERVICE COURSE

(See Catalog Numbering System.)

Agriculture (AGRI)

AGRI 300. Topics In Agriculture (1-3; max total 6)

Topics may require lab hours. In-service professional training in selected areas of agriculture.

 

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