Southern Arkansas University
Southern Arkansas University

Course Descriptions

Agricultural Economics (AGEC)

AGEC 2073. Principles of Agricultural Economics. Prerequisite: ECON 2003 or consent of the instructor. Microeconomic principles with emphasis on agricultural production and pricing. Analysis of resource allocation under comparative economic systems. Same as ECON 2103. Lecture three hours. Spring semester.

AGEC 3003. Marketing of Farm Products. Prerequisite: AGEC 2073. A study of the marketing channels, movements of products from producers to consumers. Lecture three hours. Spring semester.

AGEC 3033. Futures Markets and Commodity Futures Trading. Introduction to futures markets and agricultural commodity futures trading. Lecture three hours. Spring semester.

AGEC 3043. Farm Management. Prerequisite: AGEC 2073. A study of the principles of the farm organization and operation. The fundamental principles of economics as applied to agriculture will be reviewed and applied whenever possible. Organization and management of the farm for profitable production will be emphasized. Lecture three hours. Spring semester.

AGEC 3073. Principles of Real Estate. The basic concepts of real estate ownership, management, and marketing. An inquiry into the legal requirements and instruments involved in real estate management. Same as FIN 3073. Lecture three hours. Fall semester.

AGEC 4013. International Business in Agriculture. An introduction to the essentials of international business in agriculture and the forces that affect it. Topics covered include the nature of international business in agriculture; international organizations and monetary systems; foreign environments; and special management and marketing considerations which must be undertaken in order to perform international business in agriculture. Lecture three hours. Fall semester.

AGEC 4023. Management of Agricultural Resources. Prerequisites: AGEC 2073, ACCT 2003, and AGEC 3043. Economic planning for efficient use of production resources, financial record planning and budgetary analysis, tax management, and estate planning. Lecture three hours. Alternate fall semester.

AGEC 4033. Real Estate Appraisal. An investigation of the principles and techniques of real estate appraisal for residential, commercial, and industrial properties. Same as FIN 4033. Lecture three hours. Spring semester.

AGEC 4043. Agricultural Finance. Introduction to concepts and methods in agricultural finance. Alternate fall semester.

AGEC 4053. Agricultural Policies and Problems. Prerequisites: ECON 2003, AGEC 2073, or ECON 2103, and senior standing. Study of current economic problems facing the agricultural producer and agri-businessman. Lecture three hours. Fall semester.

AGEC 4063. Risk Management in Agriculture. Introduction to the concepts of risk, risk analysis, risk management, and their application to the field of agriculture. Lecture three hours. Spring semester

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