Academic Catalog

Agricultural Business/Economic (AGBU)

AGBU 1001  Agriculture Orientation  

Agriculture Orientation is a freshman course with attention given to sharing of possible solutions to individual problems. Learning experiences also include exploration of anticipated collegiate experiences for departmental majors in addition to post-graduation opportunities. Student and faculty interaction is stressed.

AGBU 1013  Principles of Agricultural Business  

Overview of the economic theories associated with the production, consumption, and marketing of agricultural products, and with the policies designed to achieve efficiency and welfare goals in agriculture.

AGBU 2063  Principles of Agricultural Macroeconomics  
Prerequisite: AGBU 1013.

A study of macroeconomic variables that affect agriculture with emphasis on consumption, unemployment, inflation, government spending and taxes, investments, national income, and money and banking.

AGBU 2073  Principles of Agricultural Microeconomics  
Prerequisite: AGBU 1013.

A study of microeconomics variables that affect agriculture with emphasis on price determination, production, costs, income distribution, and perfect and imperfect competition.

AGBU 2103  A Global Perspective: Resources, Food, and Society  
Co-requisite: ENGL 1013 and COMM 2003 or COMM 2173.

Prerequisites or A study of food and fiber production and distribution problems, policies, and processes analyzed within social, economic, political, and cultural contexts. The course will address issues related to feeding a growing world population.

AGBU 2991  Special Problems in Agriculture  
Prerequisite: Permission of the department.

One to four hours credit, depending on the nature and extent of the problem. This is a course designed to introduce qualified students to specific agricultural areas including Agribusiness, Animal Science, Horticulture, or Plant Science.

Note: only six hours of Special Problems in Agriculture may be used to satisfy the curriculum requirements for the B.S. degree in Agribusiness.
AGBU 2992  Special Problems in Agriculture  
Prerequisite: Permission of the department.

One to four hours credit, depending on the nature and extent of the problem. This is a course designed to introduce qualified students to specific agricultural areas including Agribusiness, Animal Science, Horticulture, or Plant Science.

Note: only six hours of Special Problems in Agriculture may be used to satisfy the curriculum requirements for the B.S. degree in Agribusiness.
AGBU 2993  Special Problems in Agriculture  
Prerequisite: Permission of the department.

One to four hours credit, depending on the nature and extent of the problem. This is a course designed to introduce qualified students to specific agricultural areas including Agribusiness, Animal Science, Horticulture, or Plant Science.

Note: only six hours of Special Problems in Agriculture may be used to satisfy the curriculum requirements for the B.S. degree in Agribusiness.
AGBU 2994  Special Problems in Agriculture  
Prerequisite: Permission of the department.

One to four hours credit, depending on the nature and extent of the problem. This is a course designed to introduce qualified students to specific agricultural areas including Agribusiness, Animal Science, Horticulture, or Plant Science.

Note: only six hours of Special Problems in Agriculture may be used to satisfy the curriculum requirements for the B.S. degree in Agribusiness.
AGBU 3013  Principles of Farm Management  
Prerequisite: AGBU 1013, junior standing, or consent of instructor.

A study of the principles of agribusiness including ways of doing business in a free market economic system, entrepreneurship, business start-up, business plans, management, facility needs, legal aspects and tax responsibilities, personnel, and ethics.

AGBU 3033  Legal Environment of Agriculture Business  
Offered: Fall.

A study of federal, state, and local legal systems as they pertain to the agricultural industry; topics of study include property law, contracts, torts, business organizations, employment law, environmental regulations, estate planning, and administrative law.

AGBU 3213  Career Development in Agriculture  
Prerequisite: Junior standing: 60 hours or more.

Study of the professional opportunities and responsibilities associated with agricultural business careers. Interaction with professionals in the chosen career along with development and improvement of written communication, oral communication, and leadership skills.

AGBU 3233  International Agricultural Trade  
Prerequisite: AGBU or ECON 2003 and AGBU 2073 or ECON 2013, or consent of instructor.

This course is an examination of the economic forces associated with trade in food and agricultural products between the U.S. and other countries. Economic principles and analytical techniques are applied to international trade and multi-national markets.

AGBU 3993  Internship I in Agriculture  
Prerequisite: Approval of the department head, junior standing, and minimum of 2.5 overall GPA.

A supervised, practical experience providing undergraduate agribusiness majors with a hands-on, professional experience in a position relating to an area of career interest. The student will work in a local cooperating agribusiness establishment under the supervision of a member of management of that firm. A minimum of 300 clock hours of supervision, maintain a weekly internship log and prepare a final report.

Note: Only three hours of Internship I in Agriculture may be used to satisfy the curriculum requirements for a B.S. degree in Agribusiness.
AGBU 4003  Agri-Business Management  
Prerequisite: AGBU 1013, Junior standing, or consent of the instructor.

A study of the managerial practices and procedures that apply to all agriculture businesses. Emphasis is placed on the use and application of management and economic principles in decision making directed toward profit maximization.

AGBU 4013  Agricultural Marketing  
Prerequisite: AGBU 2063 or ECON 2003 and AGBU 2073 or ECON 2013, or consent of instructor.

A study of marketing functions, practice, organizational structure, legal aspects of agricultural marketing in relation to marketing policies, analysis of consumer behavior, and market demand.

AGBU 4023  Agricultural Finance  
Prerequisite: AGBU 2063 or ECON 2003 and AGBU 2073 or ECON 2013 and ACCT 2033 or 2004.

Designed as an economic and accounting study of the processes in agricultural businesses. Manufacturing costs, income tax, managerial reports, cash flow, and statement analysis of agricultural businesses along with capital allocation and the purpose and efficiency of agricultural lending institutions are analyzed.

AGBU 4033  Agricultural Policy  
Prerequisite: AGBU 2063 or ECON 2003 and AGBU 2073 or ECON 2013, or consent of instructor.

Designed as an introduction to historical and current federal governmental legislation in agriculture. Specific emphasis is placed on the logic, beliefs, attitudes and values of the American people coincident with the social, economic, and political environment, and on evaluating the objectives, means and the observed results through the criteria of resource allocation and income distribution in the agricultural sector of the economy.

AGBU 4043  Appraisal of Farm Real Estate  
Prerequisite: AGBU 2063 or ECON 2003 and AGBU 2073 or ECON 2013, or consent of instructor.

A practical application of principles and practices in farm real estate evaluation, emphasizing the processes of value development and uses.

AGBU 4063  Agricultural Investments  
Prerequisite: AGBU 2063 or ECON 2003 and AGBU 2073 or ECON 2013, or consent of instructor.

An in-depth analysis of investment opportunities available in the field of agriculture. Emphasis will be on investment in stocks, bonds, agricultural commodities, futures hedging, and in international currencies. Students will be required to create and maintain a diversified investment portfolio with weekly monitoring of their chosen investments.

AGBU 4073  Commodity Risk and Futures  
Prerequisite: AGBU 2063 or ECON 2003 and AGBU 2073 or ECON 2013, or consent of instructor.

An introductory study of grain and livestock futures markets, options, and their relationship to the cash market.

AGBU 4153  Computers in Agriculture  
Prerequisite: AGBU 2063 or ECON 2003 and AGBU 2073 or ECON 2013, and COMS 1003 or consent of instructor.

An introduction to the use of Microsoft Office, especially Excel, and the different price information sources in the agriculture field.

AGBU 4951  Undergraduate Research in Agricultural Business and Economics  
Offered: On demand.
Prerequisite: Departmental approval.

Advanced students carry out independent research activity relating to a significant problem in major field of study. Supervised by faculty member. Formal report and presentation required. One to four credits depending on problem selected and effort made.

AGBU 4952  Undergraduate Research in Agricultural Business and Economics  
Offered: On demand.
Prerequisite: Departmental approval.

Advanced students carry out independent research activity relating to a significant problem in major field of study. Supervised by faculty member. Formal report and presentation required. One to four credits depending on problem selected and effort made.

AGBU 4953  Undergraduate Research in Agricultural Business and Economics  
Offered: On demand.
Prerequisite: Departmental approval.

Advanced students carry out independent research activity relating to a significant problem in major field of study. Supervised by faculty member. Formal report and presentation required. One to four credits depending on problem selected and effort made.

AGBU 4954  Undergraduate Research in Agricultural Business and Economics  
Offered: On demand.
Prerequisite: Departmental approval.

Advanced students carry out independent research activity relating to a significant problem in major field of study. Supervised by faculty member. Formal report and presentation required. One to four credits depending on problem selected and effort made.

AGBU 4973  Senior Seminar in Agriculture Business  
Prerequisite: Senior standing.

This seminar is designed as a capstone course for the Agriculture Business degree. In the capstone experience, students are coached/coaxed to bridge the gap between the structured learning of traditional classroom and the dynamic agricultural business environment - which puts a premium on motivation, initiative and creativity. Students will be challenged to integrate their accumulated knowledge and technical and social skills in order to identify and solve a problem relevant to issues encountered by professionals in their chosen discipline and to communicate the results of their efforts to their peers. In doing so, students will have the opportunity to demonstrate their ability to adapt to professional situations. It is hoped that this experience will transition students from dependent learners to self-directed learners and stimulate students' appreciation of the need for lifelong learning and initiate professional and personal liaisons.

AGBU 4983  Internship II in Agriculture  
Prerequisite: Internship I in Agriculture, approval of the department head, junior or senior standing, minimum of 2.5 GPA overall.

A supervised, practical experience providing undergraduate agribusiness majors with a hands-on, professional experience in a position relating to an area of career interest. The student will work in a local cooperating agribusiness establishment under the supervision of a member of management of that firm. A minimum of 300 clock hours of supervision, maintain a weekly internship log, prepare a final report and present at least a 15 minute seminar to the agriculture department.

Note: Only three hours of Internship II in Agriculture may be used to satisfy the curriculum requirements for a B.S. degree in Agribusiness.
AGBU 4991  Special Problems in Agriculture  
Prerequisite: Permission of the department.

One to four hours credit, depending on the nature and extent of the problem. This is a course designed to introduce qualified students to specific agricultural areas including Agribusiness, Animal Science, Horticulture, or Plant Science.

Note: only six hours of Special Problems in Agriculture may be used to satisfy the curriculum requirements for the B.S. degree in Agribusiness.
AGBU 4992  Special Problems in Agriculture  
Prerequisite: Permission of the department.

One to four hours credit, depending on the nature and extent of the problem. This is a course designed to introduce qualified students to specific agricultural areas including Agribusiness, Animal Science, Horticulture, or Plant Science.

Note: only six hours of Special Problems in Agriculture may be used to satisfy the curriculum requirements for the B.S. degree in Agribusiness.
AGBU 4993  Special Problems in Agriculture  
Prerequisite: Permission of the department.

One to four hours credit, depending on the nature and extent of the problem. This is a course designed to introduce qualified students to specific agricultural areas including Agribusiness, Animal Science, Horticulture, or Plant Science.

Note: only six hours of Special Problems in Agriculture may be used to satisfy the curriculum requirements for the B.S. degree in Agribusiness.
AGBU 4994  Special Problems in Agriculture  
Prerequisite: Permission of the department.

One to four hours credit, depending on the nature and extent of the problem. This is a course designed to introduce qualified students to specific agricultural areas including Agribusiness, Animal Science, Horticulture, or Plant Science.

Note: only six hours of Special Problems in Agriculture may be used to satisfy the curriculum requirements for the B.S. degree in Agribusiness.