Economics Pdf 125391 | Agricultural Economics Business

Partial capture of text on file.

Agricultural Economics and Agricultural Business 1
• Doctorate of Economic Development; and
AGRICULTURAL ECONOMICS
• MS & Ph.D. in Water Science Management.
AND AGRICULTURAL Masters of Science in Agricultural Economics
Master of Science (MS) in Agricultural Economics program provides
BUSINESS
rigorous training in economic theory, applied economic analysis, and
quantitative methods. The degree and curriculum are designed to
Undergraduate Program Information
prepare students for professional careers in business, government,
research, and for continued education in pursuit of a Ph.D. The program
The Department of Agriculture Economics and Agricultural Business
requires students to complete a Master’s thesis working closely with a
offers two Bachelor of Science in Agriculture degrees. A Bachelor
faculty committee.
of Science in Agriculture with a major in Agricultural Economics and
Agricultural Business (AEAB) and a Bachelor of Science in Agriculture
Masters of Agriculture with a concentration in Agribusiness
with a major in Natural Resource Economics and Policy (NREP).
Master of Agriculture (MAG-AB) with a concentration in Agribusiness
Agricultural Economics and Agricultural Business - Bachelor of Science in
provides students with backgrounds or interests in agriculture with
Agriculture
graduate-level training in agribusiness and applied economics. Students
are able to develop knowledge and skills related to applied economics,
The AEAB degree prepares students for supervisory and management
ﬁnance, marketing, management, and quantitative methods and skills
positions with companies that operate in the food and ﬁber supply
commonly used in managing businesses operating within the food and
chain. Positions may focus on areas of agribusiness management,
ﬁber value chain. The degree offers an alternative for individuals holding
agricultural production, ﬁnancing, marketing, and economics. Recent
undergraduate degrees in various agricultural and food science ﬁelds
AEAB graduates have accepted positions with national and international
to learn and develop skills needed to start or manage an agricultural
companies, non-proﬁts, and government agencies.
business. The program requires students to complete a creative
In this program, faculty, students, and industry stakeholders work
component or thesis working closely with a faculty committee. Courses
together to provide students with real-world examples and opportunities
are offered in a hybrid format allowing students not living in or near Las
to apply their skills and knowledge through departmental course
Cruces to participate in the program.
offerings. The curriculum is designed to educate students as business
Masters of Business Administration with a concentration in Agribusiness
professionals with the necessary skills to succeed in professional
positions. Depending on their interest, students can customize their path
Master of Business Administration with a concentration in Agribusiness
of study to include additional courses in marketing, ﬁnance, or natural
(MBA-AB) prepares students for business and public sector careers in
resource management.
agriculture and the food and ﬁber industry. Graduates from this program
are knowledgeable about the U.S. and international food and ﬁber sectors
Natural Resource Economics and Policy - Bachelor of Science in Agriculture
and hold an AACSB International accredited MBA degree.
The Department of Agriculture Economics and Agricultural Business
Doctor of Economic Development
offers the Bachelor of Science in Natural Resource Economics and
Policy (NREP); an undergraduate degree that trains students on the
Doctor of Economic Development (DED) is a professional doctorate
socio-economic and bio-physical aspects of environmental and natural
designed to provide advanced training for economic development
resource management and policy. With increasing competition for limited
professionals. It is not designed to prepare graduates for academic
land, water, and other natural resources in the U.S. and throughout the
careers.
world, as well as growing concern about environmental degradation,
there is a growing need for professionals who can assist in the process
Interdisciplinary Masters in Water Science and Management and Ph.D. in
of balancing economic and environmental tradeoffs. The NREP major
Water Science and Management
provides students with knowledge and skills to articulate and apply
economic principles to a range of public and private sector issues The Water Science program is an interdisciplinary program supported by
such as land use, energy, wildlife, climate and air resources, and water. AEAB faculty that provides graduate education for the next generation
This major prepares students for private and public sector positions in of water resources researchers, educators, and managers. The program
resource assessment, management, or administration. provides knowledge and tools that can be used to address state, national,
and international water challenges including water quality, quantity,
timing/availability, and location of water resources.
Graduate Program Information
The Department of Agricultural Economics and Agricultural Business
Degrees for the Department
supports ﬁve graduate programs. Several of these programs are offered
with cooperation from other departments on campus. The ﬁve degrees
Bachelor Degree(s)
supported by AEAB include:
Agricultural Economics and Agricultural Business - Bachelor of Science
in Agriculture (http://catalogs.nmsu.edu/nmsu/agricultural-consumer-
• Masters of Science in Agricultural Economics;
environmental-sciences/agricultural-economics-business/agricultural-
• Masters of Agriculture with a concentration in agribusiness;
economics-business-bachelor-science-agriculture/)
• Masters of Business Administration with a concentration in
agribusiness; Natural Resource Economics and Policy - Bachelor of Science in
Agriculture (http://catalogs.nmsu.edu/nmsu/agricultural-consumer-
2 Agricultural Economics and Agricultural Business
environmental-sciences/agricultural-economics-business/natural- production economics; C. Robinson, Ph.D. (New Mexico State)- consumer
resource-economics-policy-bachelor-science-agriculture/) behavior, agricultural production, marketing sales; G. Torell, Ph.D. (University
of Wyoming)- agricultural economics, natural resources, environmental
Master Degree(s) economics; College Professors J. Townsend, Ph.D. (Oklahoma State
University) commodity risk management, agricultural marketing; Afﬁliated
Agriculture (Agribusiness) - Master of Agriculture (http://
Faculty D. Blayney, Ph.D. (Washington State Univeristy) agricultural supply
catalogs.nmsu.edu/nmsu/agricultural-consumer-environmental-
chain; dairy production; Emeritus Faculty V. Bullock M.S. (Emeritus) (New
sciences/agricultural-economics-business/agriculture-agribusiness-
Mexico State University) real estate, real estate appraisal; P. Gutierrez,
master-agriculture/)
Ph.D. (Emeritus) (Oklahoma State)– extension, ranch economics, economic
Agriculture (Agribusiness) - Master of Business Administration (http://
development; J. D. Libbin, Ph.D. (Emeritus) (Iowa State)– farm management,
catalogs.nmsu.edu/nmsu/agricultural-consumer-environmental-
production economics; R. Skaggs, Ph.D. (Emeritus) (Utah State)– agriculture
sciences/agricultural-economics-business/agriculture-agribusiness-
and natural resource policy;
master-business-administration/)
Department of Economics, Applied Statistics and International Business:
Agricultural Economics - Master of Science (http://catalogs.nmsu.edu/
C. A. Erickson, Department Head, Ph.D. (Arizona State)-economic
nmsu/agricultural-consumer-environmental-sciences/agricultural-
development, monetary theory, macroeconomics; Professors D. L. Daniel,
economics-business/agricultural-economics-master-science/)
Ph.D. (Southern Methodist)- nonparametrics; C. Enomoto, Ph.D. (Texas
Water Science Management - Interdisciplinary Masters (https://
A&M)-econometrics, economic theory; D. A. Gegax, Ph.D. (Wyoming)-public
catalogs.nmsu.edu/nmsu/agricultural-consumer-environmental-
utility economics, industrial organization; W. R. Gould, Ph.D. (North Carolina
sciences/water-science-mgmt/water-science-management-master-
State)-biological sampling, wildlife and ﬁsheries estimation; Y. F. Lee, Ph.D.
science/)
(Southern Illinois-Carbondale)-international ﬁnance, international trade,
international system, economic development; R. L. Steiner, Ph.D. (Oklahoma
Doctoral Degree(s)
State)-likelihood methods, discrete distributions; D. M. VanLeeuwen, Ph.D.
Economic Development - Doctor of Economic Development (http://
(Oregon State)-statistics; Associate Professors L. Blank, Ph.D. (Tennessee,
catalogs.nmsu.edu/nmsu/agricultural-consumer-environmental-
Knoxville)- microeconomic theory, managerial economics, regulatory
sciences/agricultural-economics-business/economic-development-
economics; C. Gard, Ph.D. (Washington)-biostatistics; R. McFerrin, Ph.D.
doctor-economic-development/)
(Texas A & M )-micro theory, American economic history; B. Widner, Ph.D.
(Colorado State)-urban/regional, public ﬁnance, development; Assistant
Water Science and Management - Doctor of Philosophy (https://
Professors B. Bai, MS (New Mexico State)-applied statistics; J. Bucheli, Ph.D.
catalogs.nmsu.edu/nmsu/agricultural-consumer-environmental-
(New Mexico)-migration, economic development; L. LaPlue (Tennessee)-
sciences/water-science-mgmt/water-science-management-doctor-
international and environmental economics; M. Li, Ph.D.(Pennsylvania State), ;
philosophy/)
J. Mamkhezri, Ph.D. (New Mexico)-energy, natural resources, environmental;
C. Sroka (Ohio State)-count data models; P. J. Trainor, Ph.D. (Louisville)-
Minors for the Department
biostatistics, bioinformatics, Bayesian statistics Emeritus Faculty R.
V. Adkisson, Ph.D. (Nebraska)-international, public ﬁnance, economic
Agricultural Business Management- Undergraduate Minor (http://
development; K. Brook, Ph.D. (Texas-Austin)-macroeconomic theory, monetary
catalogs.nmsu.edu/nmsu/agricultural-consumer-environmental-
policy; D.L. Clason, Ph.D. (Kansas State); M. Ellis , Ph.D. (California-Riverside);
sciences/agricultural-economics-business/agricultural-bus-mgt-
B. N. Matta, Ph.D. (Texas-Austin); J. T. McGuckin, Ph.D. (Wisconsin-Madison);
undergraduate-minor/)
J. T. Peach, Ph.D. (Texas-Austin)-quantitative economics, border studies,
Natural Resource Economics- Undergraduate Minor (http://
economic development; A.V. Popp, Ph.D., (Northern Illinois); D.B. Smith, Ph.D.,
catalogs.nmsu.edu/nmsu/agricultural-consumer-environmental-
E. S. Willman, Ph.D. (Indiana)
sciences/agricultural-economics-business/natural-resource-econ-
undergraduate-minor/)
Professor, Jay Lillywhite, Department Head
Professors Hurd, Lillywhite, Ward
Associate Professors Acharya, Patrick
Assistant Professors Miller, Regmi, Robinson, Torell
College Professors Townsend
Department of Agricultural Economics and Agricultural Business:
J. Lillywhite, Department Head, Ph.D. (Purdue)– food and agribusiness
management and marketing; Professors B. H. Hurd, Ph.D. (California-Davis)–
water and natural resource economics; F. A. Ward, Ph.D. (Colorado State)–
resource economics, welfare economics; Associate Professors R.N. Acharya,
Ph.D. (Auburn)– food safety, logistics management, technology adoption,
and marketing; M. Patrick, Ph.D. (Michigan State University)– Economic
Development; Assistant Professors F. Miller, Ph.D. (University of Texas-
Dallas)- agricultural economics, policy, dairy, range livestock; M. Regmi,
Ph.D. (Kansas State University)- agricultural ﬁnance, risk management,
Agricultural Economics and Agricultural Business 3
AEEC 2120. Introduction to Food and Agribusiness Accounting
Agricultural Economics Courses
3 Credits (3)
AEEC 1110. Introduction to Agricultural Economics and Business
This course outlines the purpose and methods of keeping and analyzing
3 Credits (3)
farm and ranch records. Course topics include ﬁnancial statements,
This course is an orientation to agricultural economics and business
efﬁciency measures, analysis of the business, and tax computations.
through the discovery process for the consumer in the food, ﬁber, and
Learning Outcomes
natural resource sectors of the global economy. The course discusses
1. Understand the terminology and principles used in modern farm
the application of micro-and macro-economic principles as they relate to
and ranch ﬁnancial management statements. Evaluate capital
agricultural economics and business. May be repeated up to 3 credits.
investments, analyze farm business performance, and develop tools
Learning Outcomes
for ﬁnancial planning and analysis Evaluate farm and ranch cash
1. Gain a broad understanding of the role of the consumer in the market-
flows
place for agricultural commodities, producers, agencies and the
global market structure.
AEEC 2130G. Survey of Food and Agricultural Issues
2. Apply introductory economic principles to applied global situations. 3 Credits (3)
Survey of food and agricultural issues, including: geography of food
3. Employ economic concepts in the application of production level
production and consumption; human-agricultural-natural resource
decision making.
relations; agriculture in the United States and abroad; modern
4. Employ economic prin
agribusiness; food safety; food, agriculture, and natural resources policy;
5. ciples to the basic and global agricultural community.
ethical questions; role and impact of technology. Crosslisted with:
6. Understand relationships that exist between producers and
FSTE 2130G.
consumers.
Learning Outcomes
1. Understand of global agriculture including production techniques
AEEC 1120. Careers in Food and Agribusiness
used in various geographical regions, consumption trends, and
1 Credit (1)
political and social constraints.
This course provides an orientation to careers in agricultural economics
2. Synthesis information about agricultural issues and make informed
and agricultural business. Students will learn about the agricultural
arguments
supply chain in New Mexico, the United States, and the world. Students
3. Articulately discuss modern issues in agriculture
will be introduced to faculty and staff within the department, learn about
4. Write coherent arguments relative to personal beliefs regarding
career opportunities available to AEAB graduates, and develop a greater
agricultural issues
appreciation of current agricultural issues. Freshman status or consent
of instructor required. May be repeated up to 1 credit.
AEEC 2140. Technology and Communication for Business Management
Learning Outcomes
3 Credits (2+2P)
1. Become familiar with career opportunities in agricultural economics
This course helps students improve their skills related to data analysis,
and agricultural business Understand knowledge and skills desired
information management, and communication. Drawing examples
by employers Become acquainted with faculty and staff in the
from a variety of management, business, technological and research
Department of Agricultural Economics and Agricultural Economics
situations, students discover the versatility and functionality of modern
and resources available to students within the Department Reﬁne
computer software. The course emphasizes a ‘hands-on’ approach. May
written and verbal communication skills
be repeated up to 3 credits.
Learning Outcomes
AEEC 2110. Principles of Food and Agribusiness Management
1. Demonstrate an understanding terms used to describe common
3 Credits (3)
techniques and concepts in business information systems.
This course introduces business management theory and application
Demonstrate mastery of spreadsheet design and use.
of theory related to businesses within the food and ﬁber supply chain.
Topics include management and ﬁnancial principles, market planning,
AEEC 2996. Special Topics
and organization theory. May be repeated up to 3 credits.
1-4 Credits
Learning Outcomes
Speciﬁc subjects and credits to be announced in the Schedule of Classes.
1. Demonstrate, reﬁne and expand written and oral communication
Maximum of 4 credits per semester. No more than 9 credits toward a
skills Develop an understanding of basic ﬁnancial statements,
degree. Consent of instructor required.
their use and analysis Understand the roles management and
Learning Outcomes
management styles play in modern agribusiness Learn about the
1. Varies
history of agribusiness domestically and internationally Integrate the
role of technology into modern agribusiness management
AEEC 300. Internship
1-4 Credits (1-4)
Professional work experience under the supervision of a faculty member.
May be repeated up to 6 credits. Consent of Instructor required. Graded:
S/U Grading (S/U, Audit). Restricted to Las Cruces campus only.
Prerequisite(s): Consent of instructor.
4 Agricultural Economics and Agricultural Business
AEEC 305. Marketing and Food Agricultural Products AEEC 314. Agricultural and Natural Resource Law
3 Credits (3) 3 Credits (3)
This course provides a review of marketing principles and techniques This course discusses the relationship of common-law principles,
used throughout the food and ﬁber supply chain. The course introduces a statutory law and regulatory law to problems involving agriculture
broad variety of marketing topics including marketing strategy, consumer with an emphasis on New Mexico issues. Legal problems relevant
behavior, market segmentation, market research, competitive analysis, to agribusiness, torts, fencing laws, liability for agricultural pollution,
and the marketing mix. The course serves as a foundation for advanced irrigation water rights, corporations and partnerships, land tenure, farm
courses in agricultural marketing. May be repeated up to 3 credits. and ranch tenancy, agricultural labor, farm and ranch management, and
Crosslisted with: MKTG 305. taxation.
Prerequisite(s): ECON 1110G or ECON 2120G. Learning Outcomes
Learning Outcomes 1. Understand the complexity of law as it relates to agriculture and
1. Articulate how agricultural commodities move through the food natural resources Develop a basic understanding of the legal system
and ﬁber supply chain. Understand the importance of strategic in the U.S. including the role of federal and state agencies responsible
marketing and how organizations within the food and ﬁber supply for agricultural and natural resource regulation Articulate at a
chain identify consumers and their preferences Understand key layperson's level, the roles of the legislative, judicial, and executive
marketing concepts used by agribusiness marketers, including SWOT branches of the government as they relate to agriculture and natural
analysis, the marketing mix, advertising and public relations Know the resources.
basic outline and components of a marketing plan
AEEC 315V. World Agriculture and Food Problems
AEEC 311. Financial Derivative Markets 3 Credits (3)
3 Credits (3) This course examines key concepts and issues relevant to the world’s
This course explores the role of ﬁnancial derivatives in modern business, food production systems. Topical highlights include the causes and
including income generation, risk management, and price discovery. consequences of hunger, agriculture’s economic and environmental
Derivatives markets covered in the course include futures, options, and signiﬁcance, sustainable development, biotechnology, and globalization
swaps. Course content focuses on the fundamentals of trading and of agricultural markets. As students learn about these issues from both
hedging in a wide variety of markets, e.g., agriculture, interest rates, local and global perspectives they are engaged in the development of
exchange rates. Students participate in simulated futures and options both their literacy of economic concepts and their core research and
trading. Same as AEEC/BFIN 511 with additional coursework required communication skills. We do this through a combination of relevant
at the graduate level. Cannot receive credit for both AEEC/BFIN 311 and course readings, in-class discussion exercises, and focused writing
AEEC/BFIN 511. Same as BFIN 311. assignments on current issues of relevance. Same as GEOG 315V. May be
Learning Outcomes repeated up to 3 credits.
1. Understand and explain the concept of risk, list various sources of Learning Outcomes
risks observed in businesses, and identify common methods used 1. Demonstrate conceptual and systems thinking and design Assess
to manage risk Demonstrate an understanding of the vocabulary the nutrition and healthfulness of food choices Describe the structure
associated with derivatives and derivative markets Articulate the and function of food and agricultural systems Analyze roles of and
role that derivative markets play in reducing risk and illustrate how relationships between food producers, consumers, and policymakers
they can be used in practice to reduce risk Illustrate how derivative Apply basic economic concepts to describe and interpret food and
markets can be used to generate income and manage risk through agricultural issues Explain the environmental context and role of
hedging agriculture Articulate key arguments that favor and oppose food
biotechnology Recognize several of the beneﬁts and barriers in
AEEC 313. Food and Agricultural Sales
international trade of food and agricultural products
3 Credits (3)
This course reviews the techniques of salesmanship. Course topics AEEC 337V. Natural Resource Economics
include identiﬁcation and classiﬁcation of buyer type and different 3 Credits (3)
approaches to sales based on client base. Improving oral communication This course helps students gain insight into important natural resource
skills through individual and/or group sales presentations. Students must problems of our time. Apply economic principles to problems in the
be in Junior or above standing to enroll. preservation, use, and development of agricultural, range, mineral, water,
Learning Outcomes forestry, ﬁshery, and environmental resources. Understand the use of
1. Analyze sales situations and effectively identify pathways to closing
cost-beneﬁt analysis for government natural-resource projects, policies,
the sale Demonstrate execution of the sales process – prepare, learn,
and programs. Same as ECON 337V. May be repeated up to 3 credits.
communicate, evaluate Conduct product and customer analysis to
Prerequisite: ECON 1110G or ECON 2120G or ECON 2120H.
build a sales strategy Exhibit enhanced relationship management and Learning Outcomes
communication skills 1. Demonstrate knowledge of economic principles to better understand
natural resource issues Document understanding of current and
emerging natural resource issues Apply economic principles to guide
selected natural resource policy debates Demonstrate the application
of economic principles to inform policy debates addressing current
water resources issues

The words contained in this file might help you see if this file matches what you are looking for:

...Agricultural economics and business doctorate of economic development ms ph d in water science management masters master program provides rigorous training theory applied analysis quantitative methods the degree curriculum are designed to undergraduate information prepare students for professional careers government research continued education pursuit a department agriculture requires complete s thesis working closely with offers two bachelor degrees faculty committee major aeab concentration agribusiness natural resource policy nrep mag ab backgrounds or interests graduate level able develop knowledge skills related prepares supervisory nance marketing positions companies that operate food ber supply commonly used managing businesses operating within chain may focus on areas value an alternative individuals holding production nancing recent various elds graduates have accepted national international learn needed start manage non prots agencies creative this industry stakeholders work...

Related files

Share

Help

Related files

Share

Share to social media

Help

Login Area