Agricultural Economics

Subject Areas

Courses for ABUS (ABUS)

ABUS 855
Marketing and Globalization LINKCrosslisted as MRKT 855
Credit Hours: 3-6
Max credits per degree: 6
Campus:
Course Delivery: Classroom
Prereqs:
GRBA *813 or equivalent
Globalization and resulting changes in the business environment. Access to new consumers, new supplies. The effect on consumer choices. Readings from scholarly and popular press, videos, and a “real world” application. Marketing strategies developed for Nebraska firms and organizations such as value-added food marketers.

Courses for AECN (AECN)

AECN 401/801
Advanced Farm Management and Linear Programming LINK
Credit Hours: 3
Course Delivery: Classroom
Prereqs:
Capstone course.
The role of budgeting and linear programming in analyzing farm organization problems, theory of linear programming, linear program design, and analysis of linear programmed solutions to farm organization problems. Includes goal programming, multiple objective programming, risk programming, and financial modeling.
AECN 452/852
Agricultural Finance LINK
Credit Hours: 3
Course Format: Lecture 3
Course Delivery: Classroom
Prereqs:
AECN 201 or 4 hrs accounting.
Principles and concepts of financial management of farm and agribusiness firms developed. Various strategies for acquiring and using capital resources by the individual firm explored. Institutions providing the sources of agricultural credit are individually studied.
AECN 456/856
Environmental Law LINKCrosslisted as NREE 456
Credit Hours: 3
Course Format: Personalized System of Instruction
Course Delivery: Web
Prereqs:
Junior standing. AECN 357/NREE 357.
Available through Online and Distance Education.
Administrative law, risk assessment, environmental impact review, Clean Air Act, Clean Water Act, non-point pollution control, wetlands regulations pesticide and toxic substance regulation, solid and hazardous waste regulation, drinking water protection, land use regulation, energy policy, and international environmental law.
AECN 457/857
Water Law LINKCrosslisted as NREE 457, WATS 457
Credit Hours: 3
Max credits per degree: 3
Course Format: Personalized System of Instruction
Course Delivery: Classroom
Prereqs:
AECN/NREE 357.
Course offered even numbered years. Offered through Extended Education and Outreach.
Environmental impact review; public trust doctrine; endangered species; land use controls; wetlands regulation; surface and ground water rights; Indian and federal water rights; impact of water quality regulations on water allocation.
AECN 465/865
Resource and Environmental Economics II LINKCrosslisted as NREE 465, WATS 465
Credit Hours: 3
Course Format: Lecture 3
Course Delivery: Classroom
Prereqs:
MATH 104 and one course in statistics.
Credit in AECN 865 will not count toward any advanced degree programs in ECON or AECN.
Application of resource economics concepts and empirical tools to resource management problems. Public policy issues involving environmental quality, land and water management.
AECN 804
Agricultural Law LINKCrosslisted as LAW 704G
Credit Hours: 1-4
Campus:
Course Delivery: Classroom
Legal problems and issues of unique importance to lawyers serving the agricultural sector. The Farm Credit System, the Farmers’ Home Administration, and farm financing problems under the Uniform Commercial Code; commodity futures markets; agricultural cooperatives; farmland preservation and rural land use controls; foreign investment in American agriculture; farm labor legislation; farm programs and the economic regulation of agriculture; pesticides; and food additives.
AECN 815
Analytical Methods in Economics and Business LINKCrosslisted as ECON 815
Credit Hours: 3
Campus:
Course Delivery: Classroom
Prereqs:
Equilibrium Analysis: Applications in business, finance, and economics. Market equilibria, accumulations, and economics. Optimization: profit, cost, and utility functions. Constrained optimization problems with utility functions. Constrained optimization problems in production and consumer allocations; Kuhn and Tucker conditions; static and dynamic input-output Models.
AECN 818
Taxation-Farm and Ranch LINKCrosslisted as POLS 818
Credit Hours: 1-4
Campus:
Course Delivery: Classroom
Prereqs:
Selection of substantial income tax problems affecting farms and ranches.
AECN 832
Economics of Agricultural Production LINK
Credit Hours: 3
Course Format: Lecture 3
Campus:
Course Delivery: Classroom
Static economic analysis of multi-variant agriculture response functions. Resource and enterprise choice, cost functions, resource evaluation, and size and scale economies.
AECN 840
Applied Welfare Economics and Public Policy LINK
Credit Hours: 3
Course Format: Lecture 3
Campus:
Course Delivery: Classroom
Prereqs:
AECN/ECON *873
Principles of welfare economics applied to policy issues in agriculture and natural resources. Review of measures of household welfare, willingness to pay, and notions of Pareto optimality, aggregate welfare and market failure. Practical methods of comparative statics analysis of the effect of public policies on consumer and firm behavior, and on market equilibrium. Theory of externalities and welfare implications of market versus non-market allocation of public goods examined. Applications include evaluation of such policies as taxes, price supports, quotas, pollution controls, environmental damage liability, and intellectual property rights.
AECN 841
Environmental Law LINKCrosslisted as LAW 641G
Credit Hours: 1-4
Campus:
Course Delivery: Classroom
Legal problems encountered as a result of the impairment of the quality of the environment. Control of air, water, land, noise, and radiation pollution, and the roles of federal, interstate, state, and local agencies in affording protection. Includes private actions, class actions, and regulatory actions to protect both private and public interests.
AECN 868
Advanced Resource and Environmental Economics LINK
Credit Hours: 3
Course Format: Lecture 3
Campus:
Course Delivery: Classroom
Prereqs:
AECN/ECON *873, AECN 865, ECON 817
Application of conceptual and empirical tools for analyzing resource problems. Both public and private dimensions of resource management are considered with emphasis on public policy. Economics of environmental quality, management of exhaustible and renewable resources, valuation of non-market goods and key elements of environmental policy analysis.
AECN 873
Microeconomic Models and Applications LINKCrosslisted as ECON 873
Credit Hours: 3
Campus:
Course Delivery: Classroom
Prereqs:
This course is intended for MA Option II students and others who do not plan to proceed to PhD studies. Analysis of microeconomic decision-making by individuals and firms with emphasis on consumer demand, production, cost and profit, market structure and the economics of games, uncertainty, and information.
AECN 876
Water Law, Planning and Policy LINKCrosslisted as LAW 776G
Credit Hours: 1-4
Campus:
Course Delivery: Classroom
Judicial, legislative, and administrative problems in water resource development, allocation, and control.
AECN 883
Ecological Economics LINKCrosslisted as CDEV 883, NRES 883
Credit Hours: 3
Course Format: Lecture 3
Campus:
Course Delivery: Classroom
Prereqs:
AECN 141 or ECON 212 or equivalent
A synthesis across the notion of “utility” as represented in traditional environmental and natural resource economics, “ecology” in ecological economics, and “community” in behavioral economics. Ideas from thermodynamics with a focus on renewable resources. Development, organization, and enhancement of eco-business, eco-industry, eco-government and eco-communities.
AECN 893
Law and Economics LINKCrosslisted as LAW 693G
Credit Hours: 1-4
Campus:
Course Delivery: Classroom
Economic principles to problems of legal interpretation and policy. Gives economic background for substantive courses in such areas as antitrust, regulated industries, and environmental law and also demonstrates the power of economic analysis when applied to problems in such diverse areas as contracts, property, torts, criminal law, family law, corporations, taxation, securities, procedure, and constitutional law.
AECN 896
Special Topics in Agricultural Economics LINK
Credit Hours: 1-6
Max credits per degree: 6
Campus:
Course Delivery: Classroom
Prereqs:
12 hrs agricultural economics or closely related areas and permission
Focused agricultural economics topics through research, narrowly targeted literature review, or extension of course work.
AECN 899
Masters Thesis LINK
Credit Hours: 6-10
Campus:
Course Delivery: Classroom
Prereqs:
Admission to masters degree program and permission of major adviser
AECN 901
Directed Study of Advanced Topics in Agricultural Economics LINK
Credit Hours: 3
Max credits per degree: 15
Course Format: Lecture 3
Campus:
Course Delivery: Classroom
Significant literature in selected fields of agricultural and resource economics to provide a broad background for conducting research in these fields.
A. Production Economics (3 cr) Prereq: ECON 973 and 974, or permission.
B. Agricultural Industrial Organization (3 cr) Prereq: AECN *812.
D. International Agricultural Trade (3 cr) Prereq: ECON 821 or permission.
E. Agricultural Development (3 cr) Prereq: ECON 973 and 974, or permission.
J. Natural Resource Economics (3 cr) Prereq: AECN *868.
AECN 901A
Production Economics LINK
Credit Hours: 3
Campus:
Course Delivery: Classroom
Prereqs:
ECON 973 and 974, or permission
AECN 901B
Agricultural Industrial Organization LINK
Credit Hours: 3
Campus:
Course Delivery: Classroom
Prereqs:
AECN *812
AECN 901D
International Agricultural Trade LINK
Credit Hours: 3
Campus:
Course Delivery: Classroom
Prereqs:
ECON 821 or permission
AECN 901E
Agricultural Development LINK
Credit Hours: 3
Campus:
Course Delivery: Classroom
Prereqs:
ECON 973 and 974, or permission
AECN 901J
Natural Resource Economics LINK
Credit Hours: 3
Campus:
Course Delivery: Classroom
Prereqs:
AECN *868
AECN 902
Research in Agricultural Economics LINK
Credit Hours: 3
Max credits per degree: 15
Course Format: Lecture
Course Delivery: Classroom
Prereqs:
Appropriate section of AECN 901
Investigation of a research issue in a field of agricultural economics. Identification of an issue, discovery and interpretation of relevant research, rigorous development of an additional contribution to the resolution of the issue.
AECN 902A
Production Economics LINK
Credit Hours: 3
Max credits per degree: 15
Course Format: Lecture
Course Delivery: Classroom
Prereqs:
Investigation of a research issue in a field of agricultural economics. Identification of an issue, discovery and interpretation of relevant research, rigorous development of an additional contribution to the resolution of the issue.
AECN 902B
Agricultural Industrial Organization LINK
Credit Hours: 3
Max credits per degree: 15
Course Format: Lecture
Course Delivery: Classroom
Prereqs:
Investigation of a research issue in a field of agricultural economics. Identification of an issue, discovery and interpretation of relevant research, rigorous development of an additional contribution to the resolution of the issue.
AECN 902D
International Agricultural Trade LINK
Credit Hours: 3
Max credits per degree: 15
Course Format: Lecture
Course Delivery: Classroom
Prereqs:
Investigation of a research issue in a field of agricultural economics. Identification of an issue, discovery and interpretation of relevant research, rigorous development of an additional contribution to the resolution of the issue.
AECN 902E
Agricultural Development LINK
Credit Hours: 3
Max credits per degree: 15
Course Format: Lecture
Course Delivery: Classroom
Prereqs:
Investigation of a research issue in a field of agricultural economics. Identification of an issue, discovery and interpretation of relevant research, rigorous development of an additional contribution to the resolution of the issue.
AECN 902J
Natural Resource Economics LINK
Credit Hours: 3
Max credits per degree: 15
Course Format: Lecture
Course Delivery: Classroom
Prereqs:
Investigation of a research issue in a field of agricultural economics. Identification of an issue, discovery and interpretation of relevant research, rigorous development of an additional contribution to the resolution of the issue.
AECN 921
Seminar in International Trade and Finance LINKCrosslisted as ECON 921
Credit Hours: 3
Course Format: Lecture 3
Campus:
Course Delivery: Classroom
AECN 999
Doctoral Dissertation LINK
Credit Hours: 1-24
Max credits per degree: 55
Campus:
Course Delivery: Classroom
Prereqs:
Admission to doctoral degree program and permission of supervisory committee chair
POLS 466/866
Pro-seminar in International Relations I LINKCrosslisted as HIST 479/879, SOCI 466/866, ANTH 479/879, GEOG 448/848, ECON 466/866, AECN 467
Credit Hours: 3
Max credits per degree: 3
Course Delivery: Classroom
Groups: International Relations
Prereqs:
Senior standing and permission.
Open to students with an interest in international relations.
Topic varies

Description

For a brief description of the program, application requirements and department contact information, view the graduate program summary.

Department Head: Larry Van Tassell, Ph.D.

Graduate Chair: Richard K. Perrin, Ph.D.

The department offers programs leading to the master of science and doctoral degrees in agricultural economics.

Admission decisions for the M.S. and Ph.D. programs are based on the applicant’s likelihood of success in graduate work as evidenced by previous academic performance, letters of recommendation and GRE scores (optional). No one consideration is determining, although applicants generally must have earned an overall GPA of 3.25 with a 3.5 the last two years of academic work. Performance in agricultural economics, economics, mathematics, statistics and related courses is given special consideration.

The GRE (General) is strongly suggested for financial assistance and for admission in most circumstances. There is no predetermined minimum score. International students are required to submit TOEFL scores unless they have received a degree in which English was the medium of instruction. The minimum acceptable score is 550 (paper-based exam) or 213 (computer-based exam), or a minimum score of 6 on the International English Language Testing System (IELTS).

Applicants for the master of science in agricultural economics should have completed intermediate macro- and microeconomics, introductory statistics, and one semester of analytical geometry/calculus or calculus for managerial and social sciences.
<br. The master of science degree core course requirements include orientation to research, micro-economics and econometrics.

Applicants for the doctor of philosophy normally will have a master of science degree in agricultural economics or a related field, but outstanding students may be admitted to the Ph.D. program without first completing a masters degree. All PhD applicants must have completed math equivalent to the three-semester analytical geometry/calculus sequence taught at the University of Nebraska-Lincoln.

Doctor of philosophy candidates must include in their program of study one year of advanced econometrics, one year of advanced microeconomic theory, and one semester of advanced macroeconomic theory. In addition, they must complete two AECN 901 courses and two AECN 902 courses.

Master of Science Degree Minor.

Successful completion of at least 9 credit hours of courses selected in consultation with a representative of the department of agricultural economics and the student’s adviser. No more than a total of 3 credit hours may be in AECN 896. No comprehensive exam will be required if all courses are completed with a grade of B or better.

Doctor of Philosophy Degree Minor.

Successful completion of at least 16 credit hours of courses selected in consultation with a representative of the department of agricultural economics and the student’s supervisory committee. No more than a total of 4 credit hours in AECN 896.

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