Agribusiness & Applied Economics (AGEC)
AGEC 194. Individual Study. 1-5 Credits.
Direct study allowing an individual student under faculty supervision to undertake selected, independent work in topics of special interest. Requires departmental approval.
AGEC 196. Field Experience/Practicum/Internship. 1-15 Credits.
Field Experience is a structured, hands-on learning opportunity outside the classroom where students apply academic concepts and develop professional skills in a real-work setting. Experiences involve observations, assisting with tasks, and leading activities that allow students to gain practical knowledge, refine skills, and reflect on their learning in the context of their field. Requires department approval.
Practicum is a supervised, practical experience during a course of study where students apply academic learning to real-world situations, under the guidance of professionals, to gain hands-on skills and professional knowledge. Experiences provide a bridge from theory to practice in short-term settings. Requires department approval.
Internship is designed to provide practical participation under professional supervision in selected situations to gain experience in the application of concepts, principles and theories related to the students' area of specialization. Requires department approval.
Graded P/F (UGRD) or S/U (GRAD).
AGEC 199. Special/Temporary/Trial Topics. 1-5 Credits.
A flexible, temporary course focused on a specific area of study. Allows faculty to explore new subjects or provide concentrated study on a specific topic not typically covered in regular course offerings. Courses are often about current events, emerging research, specific study needs, or to gauge interest and feasibility for a new course.
AGEC 242. Introduction to Agricultural Management. 3 Credits.
Economic and managerial concepts related to farm or agribusiness production process, development of cost data, enterprise analysis, organization and management of production inputs. 3 lectures.
AGEC 244. Agricultural Marketing. 3 Credits.
Study of the agricultural marketing system to include cash marketing, commodity futures trading, branded products merchandising and the interrelationship of the government and international trade. 3 lectures.
AGEC 246. Introduction to Agricultural Finance. 3 Credits.
Introduction to agricultural finance; provides background in farm and agribusiness credit use and evaluation. Discussion of specific financial conditions on farms and in agribusiness. A financial calculator will be required for this course. 3 lectures.
AGEC 292. Study Abroad/Student Exchange. 1-15 Credits.
Pre-arranged study at accredited foreign institutions (study abroad) or domestic institutions (National Student Exchange). Requires Global Programs and Services and major departmental approval.
May be repeated for credit.
Graded P/F (UGRD) or S/U (GRAD).
AGEC 294. Individual Study. 1-5 Credits.
Direct study allowing an individual student under faculty supervision to undertake selected, independent work in topics of special interest. Requires departmental approval.
AGEC 299. Special/Temporary/Trial Topics. 1-5 Credits.
A flexible, temporary course focused on a specific area of study. Allows faculty to explore new subjects or provide concentrated study on a specific topic not typically covered in regular course offerings. Courses are often about current events, emerging research, specific study needs, or to gauge interest and feasibility for a new course.
AGEC 339. Quantitative Methods & Decision Making. 3 Credits.
Application of basic probability concepts to decision analysis, introduction to linear
programming models, forecasting, and project management. 3 lectures. Prereq: ECON 201 and MATH 144 or higher and CSCI 116 or MIS 116.
AGEC 342. Farm and Agribusiness Management II. 3 Credits.
Application of production economics principles to farm and agribusiness operations. Economic input-output principles and profit maximization. 3 lectures. Prereq: AGEC 242.
AGEC 343. Introduction to Commodity Trading. 3 Credits.
To learn mechanics of commodity information and technology in the commodity trading room (CTR). Emphasis will be on information, extracting information and analysis, as well as trading and risk management. Co-req: TL 116.
AGEC 344. Agricultural Price Analysis. 3 Credits.
Introduction to price analysis in agricultural markets. 3 lectures. Prereq: AGEC 244.
AGEC 346. Applied Risk Analysis. 3 Credits.
Development of tools to analyze business and financial risk problems unique to farms and agribusinesses. Prereq: AGEC 339, ECON 341, and STAT 331.
AGEC 347. Principles of Real Estate. 3 Credits.
Principles and techniques of real estate appraisals, practical application of appraisal principles, and techniques to real property evaluation. Cross-listed with BUSN 347.
AGEC 350. Agrisales. 3 Credits.
The principles of salesmanship applied to the agricultural business. Topics include attitudes and value systems, basic behavioral patterns, relationship of sales to marketing, selling strategies, preparing for sales calls, making sales presentations, and closing sales. 3 lectures.
AGEC 356. Advanced Agricultural Lending. 3 Credits.
Application of credit analysis principles including loan structure, financial analysis, borrower-lender relationship, legal aspect of lending, collateral valuation, and role of financial intermediaries in agriculture. Prereq: ECON 201 and AGEC 246 or FIN 320.
AGEC 375. Applied Agricultural Law. 3 Credits.
Study of laws affecting agriculture and agribusiness including property ownership, financial relations, and environmental regulation.
AGEC 378. Introduction to Transportation & Logistics. 3 Credits.
Presents the role and importance of transportation, with detailed discussion of the various modes and their specific characteristics. Covers basic logistics concepts in addition to transportation, including inventory, warehousing, and location decisions. Prereq: ECON 201.
AGEC 379. Faculty-Led Study Abroad. 1-6 Credits.
NDSU instructed experience or field study in a foreign country. Conducted in English for NDSU resident credit. Requires Global Programs and Services, and departmental approval. May be repeated for credit.
AGEC 393. Undergraduate Research. 1-5 Credits.
Student research, scholarly project or creative investigation completed under the guidance of a faculty mentor. Directed independent project, collaborative work or ongoing participation in faculty research should culminate in a presentation, article or scholarly project.
AGEC 394. Individual Study. 1-5 Credits.
Direct study allowing an individual student under faculty supervision to undertake selected, independent work in topics of special interest. Requires departmental approval.
AGEC 396. Field Experience/Practicum/Internship. 1-15 Credits.
Field Experience is a structured, hands-on learning opportunity outside the classroom where students apply academic concepts and develop professional skills in a real-work setting. Experiences involve observations, assisting with tasks, and leading activities that allow students to gain practical knowledge, refine skills, and reflect on their learning in the context of their field. Requires department approval.
Practicum is a supervised, practical experience during a course of study where students apply academic learning to real-world situations, under the guidance of professionals, to gain hands-on skills and professional knowledge. Experiences provide a bridge from theory to practice in short-term settings. Requires department approval.
Internship is designed to provide practical participation under professional supervision in selected situations to gain experience in the application of concepts, principles and theories related to the students' area of specialization. Requires department approval.
Graded P/F (UGRD) or S/U (GRAD).
AGEC 397. Cooperative Education. 1-4 Credits.
Practical application of classroom learning through employment in supervised career-related positions. Students are granted full-time student status by the University regardless of the actual credit hours. Requires departmental approval and Co-op Program application. Graduate course 897 is not eligible for graduate tuition waiver. Graded P/F (UGRD) or S/U (GRAD).
AGEC 399. Special/Temporary/Trial Topics. 1-5 Credits.
A flexible, temporary course focused on a specific area of study. Allows faculty to explore new subjects or provide concentrated study on a specific topic not typically covered in regular course offerings. Courses are often about current events, emerging research, specific study needs, or to gauge interest and feasibility for a new course.
AGEC 420. Integrated Farm and Ranch Management. 3 Credits.
Intended for persons who will advise or manage farm and ranch operations. Application of all phases of management (including marketing, finance) to crop and livestock production practice. 2 lectures, 1 laboratory. Prereq: AGEC 242, AGEC 244, or AGEC 246.
AGEC 444. Advanced Commodity Trading. 3 Credits.
Capstone course for commodity marketing option. Advanced work on topics related to marketing of crops. 2 lectures. Prereq: STAT 331 or ECON 410. Coreq: AGEC 339.{Also offered for graduate credit - see AGEC 644.}.
AGEC 445. Agribusiness Industrial Strategy. 3 Credits.
The course integrates industrial organization topics with specific applications to agribusiness strategy problems. Focus is on industry analysis and issues in competition, strategy, and rivalry from an agribusiness perspective. Prereq: AGEC 344. Coreq: AGEC 339.
AGEC 446. Agribusiness Finance. 3 Credits.
Application of financial theory to investment and liability management problems of agribusiness and farm firms. Characteristics, operations, and management of agricultural financial institutions. 3 lectures. Prereq: AGEC 339. Co-req: AGEC 346. {Also offered for graduate credit - see AGEC 646.}.
AGEC 450. National AgriMarketing Association (NAMA) I. 1 Credit.
Learn the components of an agribusiness marketing plan and apply this knowledge in the development of a marketing plan for a selected product. 1 lecture. May be repeated for credit.
AGEC 451. National AgriMarketing Association (NAMA) II. 1 Credit.
Review the components of an agribusiness marketing plan. Work in teams to prepare written and oral marketing plans for the National NAMA student chapter competition. 1 lecture. May be repeated for credit. Recommended prereq: AGEC 450.
AGEC 452. Food Laws and Regulations. 3 Credits.
Overview of U.S. federal and state food laws and international food standards with emphasis on U.S. federal regulatory agencies.
Cross-listed with CFS 452 and SAFE 452.
Dual-listing: CFS 652, AGEC 652, SAFE 652.
AGEC 472. Advanced Logistical Analysis. 3 Credits.
Presents major analytical tools and methods used in analyzing logistical strategies. Course emphasis is on application of analytical tools used in quantifying logistical problems by manufacturing, trading, and shipping firms. Prereq: AGEC 378 and AGEC 339 or MGMT 360.
AGEC 474. Cooperatives. 3 Credits.
Theory, practice, and evaluation of cooperatives including principles, management, marketing, finance, taxes, legal issues, and adjusting to change. Prereq: ECON 201. Cross-listed with BUSN 474. {Also offered for graduate credit - see AGEC 674.}.
AGEC 484. Agricultural Policy. 3 Credits.
Analysis of the evolution and development of federal food, natural resource, and trade policies and their consequences on the agricultural sector. Exploration of how microeconomic forces influence formulation of macroeconomic agricultural policy. Prereq: ECON 201, Junior standing.
AGEC 491. Seminar. 1-5 Credits.
A group of students engaged, under a professor or professors, in research or criticism and in presentation of reports pertaining thereto.
AGEC 492. Study Abroad/Student Exchange. 1-15 Credits.
Pre-arranged study at accredited foreign institutions (study abroad) or domestic institutions (National Student Exchange). Requires Global Programs and Services and major departmental approval.
May be repeated for credit.
Graded P/F (UGRD) or S/U (GRAD).
AGEC 494. Individual Study. 1-5 Credits.
Direct study allowing an individual student under faculty supervision to undertake selected, independent work in topics of special interest. Requires departmental approval.
AGEC 496. Field Experience/Practicum/Internship. 1-15 Credits.
Field Experience is a structured, hands-on learning opportunity outside the classroom where students apply academic concepts and develop professional skills in a real-work setting. Experiences involve observations, assisting with tasks, and leading activities that allow students to gain practical knowledge, refine skills, and reflect on their learning in the context of their field. Requires department approval.
Practicum is a supervised, practical experience during a course of study where students apply academic learning to real-world situations, under the guidance of professionals, to gain hands-on skills and professional knowledge. Experiences provide a bridge from theory to practice in short-term settings. Requires department approval.
Internship is designed to provide practical participation under professional supervision in selected situations to gain experience in the application of concepts, principles and theories related to the students' area of specialization. Requires department approval.
Graded P/F (UGRD) or S/U (GRAD).
AGEC 499. Special/Temporary/Trial Topics. 1-5 Credits.
A flexible, temporary course focused on a specific area of study. Allows faculty to explore new subjects or provide concentrated study on a specific topic not typically covered in regular course offerings. Courses are often about current events, emerging research, specific study needs, or to gauge interest and feasibility for a new course.
AGEC 644. Advanced Commodity Trading. 3 Credits.
Capstone course for commodity marketing option. Advanced work on topics related to marketing of crops. 2 lectures. {Also offered for undergraduate credit - see AGEC 444.}.
AGEC 646. Agribusiness Finance. 3 Credits.
Application of financial theory to investment and liability management problems of agribusiness and farm firms. Characteristics, operations, and management of agricultural financial institutions. 3 lectures. {Also offered for undergraduate credit - see AGEC 446.}.
AGEC 652. Food Laws and Regulations. 3 Credits.
Overview of U.S. federal and state food laws and international food standards with emphasis on U.S. federal regulatory agencies.
Cross-listed with CFS 652 and SAFE 652.
Dual-listing: CFS 452, AGEC 452, SAFE 452.
AGEC 674. Cooperatives. 3 Credits.
Theory, practice, and evaluation of cooperatives including principles, management, marketing, finance, taxes, legal issues, and adjusting to change. Cross-listed with BUSN 674. F, S, Su. {Also offered for undergraduate credit - see AGEC 474.}.
AGEC 690. Seminar. 1-5 Credits.
A group of students engaged, under a professor or professors, in research or criticism and in presentation of reports pertaining thereto.
AGEC 692. Study Abroad/Student Exchange. 1-15 Credits.
Pre-arranged study at accredited foreign institutions (study abroad) or domestic institutions (National Student Exchange). Requires Global Programs and Services and major departmental approval.
May be repeated for credit.
Graded P/F (UGRD) or S/U (GRAD).
AGEC 695. Field Experience/Practicum/Internship. 1-15 Credits.
Field Experience is a structured, hands-on learning opportunity outside the classroom where students apply academic concepts and develop professional skills in a real-work setting. Experiences involve observations, assisting with tasks, and leading activities that allow students to gain practical knowledge, refine skills, and reflect on their learning in the context of their field. Requires department approval.
Practicum is a supervised, practical experience during a course of study where students apply academic learning to real-world situations, under the guidance of professionals, to gain hands-on skills and professional knowledge. Experiences provide a bridge from theory to practice in short-term settings. Requires department approval.
Internship is designed to provide practical participation under professional supervision in selected situations to gain experience in the application of concepts, principles and theories related to the students' area of specialization. Requires department approval.
Graded P/F (UGRD) or S/U (GRAD).
AGEC 696. Special/Temporary/Trial Topics. 1-5 Credits.
A flexible, temporary course focused on a specific area of study. Allows faculty to explore new subjects or provide concentrated study on a specific topic not typically covered in regular course offerings. Courses are often about current events, emerging research, specific study needs, or to gauge interest and feasibility for a new course.
AGEC 701. Research Methods. 3 Credits.
Developing the skills necessary to formulate and conduct economics research. Topics include: conducting literature review and identifying gaps in the literature, formulating research questions and hypotheses, testing hypotheses, addressing causal identification issues, gathering and managing economic data, analyzing economic data, and effectively communicating research findings in both written and oral formats. 3 lectures.
Cross-listed with ECON 701.
AGEC 711. Applied Risk Analysis I. 3 Credits.
Conceptual foundations of risk, stochastic simulation using @Risk and Model Risk, finance, trading, and strategy are presented. Emphasis is placed on financial instruments, planning for agribusiness firms, trading and risk management in agricultural commodities.
AGEC 712. Applied Risk Analysis II. 3 Credits.
Conceptual foundations of risk are presented and applied to production, financial and institutional risk problems. Emphasis is placed on the development and understanding of risk theory; risk assessment and measures, response to risk and risk management tools - with emphasis on portfolio diversification principles/theory of insurance. Prereq: AGEC 711.
AGEC 720. Food Safety Costs and Benefits Analysis. 3 Credits.
Theoretical and empirical impacts of food safety costs and benefits. Three lectures. Prereq: SAFE 670, AGEC 741. Cross-listed with SAFE 720.
AGEC 725. Food Policy. 3 Credits.
Provides quantitative tools and models used to analyze general food safety policies. Three lectures. Prereq: SAFE 670. Cross-listed with SAFE 725 and CFS 725.
AGEC 739. Analytical Methods for Applied Economics. 3 Credits.
Study and application of operations research techniques and other decision methods to problems in agriculture, transportation, and resource management. 3 lectures.
AGEC 741. Advanced Microeconomics. 3 Credits.
Advanced analysis of demand, production, and costs; pricing output and resource allocation under various market structures.
AGEC 743. Advanced Macroeconomics. 3 Credits.
Advanced analysis of macroeconomic theories; economic growth, business fluctuations, and inflation.
AGEC 744. Agribusiness I: Agricultural Product Marketing and Agribusiness Strategy. 3 Credits.
Conceptual foundations of agribusiness strategy, food product marketing, and strategic planning are presented. Emphasis is placed on quantitative strategic decision making for the agribusiness firm.
AGEC 771. Economics of Transportation Systems. 3 Credits.
The course will provide an understanding of transportation economics and policy issues facing society. Topics include transportation demand, model costs, transportation competition and market power, transportation regulation, transportation investment, and the economics of transportation safety. Cross-listed with CE 771.
AGEC 784. Empirical International Trade and Policy. 3 Credits.
Empirical aspects of international trade, foreign investment, and the environment. Issues related to testing various trade models. Selected topics include testing trade models, gravity models, linkages between openness and growth, trade orientation and firm performance, trade patterns, trade and the environment, and labor markets and trade. Emerging topics in international economics with a focus on empirical applications. Use of advanced statistical modeling and data visualization techniques.
Prereq: ECON 610 and AGEC 741 or equivalents.
Cross-listed with ECON 784.
AGEC 790. Seminar. 1-5 Credits.
A group of students engaged, under a professor or professors, in research or criticism and in presentation of reports pertaining thereto.
AGEC 791. Temporary/Trial Topics. 1-5 Credits.
AGEC 793. Individual Study. 1-5 Credits.
Direct study allowing an individual student under faculty supervision to undertake selected, independent work in topics of special interest. Requires departmental approval.
AGEC 794. Practicum/Internship. 1-15 Credits.
AGEC 795. Field Experience/Practicum/Internship. 1-15 Credits.
Field Experience is a structured, hands-on learning opportunity outside the classroom where students apply academic concepts and develop professional skills in a real-work setting. Experiences involve observations, assisting with tasks, and leading activities that allow students to gain practical knowledge, refine skills, and reflect on their learning in the context of their field. Requires department approval.
Practicum is a supervised, practical experience during a course of study where students apply academic learning to real-world situations, under the guidance of professionals, to gain hands-on skills and professional knowledge. Experiences provide a bridge from theory to practice in short-term settings. Requires department approval.
Internship is designed to provide practical participation under professional supervision in selected situations to gain experience in the application of concepts, principles and theories related to the students' area of specialization. Requires department approval.
Graded P/F (UGRD) or S/U (GRAD).
AGEC 796. Special/Temporary/Trial Topics. 1-5 Credits.
A flexible, temporary course focused on a specific area of study. Allows faculty to explore new subjects or provide concentrated study on a specific topic not typically covered in regular course offerings. Courses are often about current events, emerging research, specific study needs, or to gauge interest and feasibility for a new course.
AGEC 797. Master's Paper. 1-3 Credits.
Literature review, research, and preparation for paper required for the comprehensive study option. Graded S/U.
AGEC 797S. Comprehensive Project. 1-6 Credits.
An in-depth research study/project in a graduate student's field of study. Prerequisite: Graduate standing.
AGEC 798. Master's Thesis. 1-10 Credits.
Original investigation under the supervision of a major adviser and a supervisory committee. Graded S/U.
AGEC 892. Graduate Teaching Experience. 1-6 Credits.
An NDSU graduate student engaged in a teaching experiences evaluated for professional development. Graded S/U.
AGEC 893. Individual Study. 1-5 Credits.
Direct study allowing an individual student under faculty supervision to undertake selected, independent work in topics of special interest. Requires departmental approval.
AGEC 898. Continuing Enrollment. 1-9 Credits.
Intended for graduate students who have completed all necessary credits of course work including thesis (798) and dissertation (899) on their approved Plan of Study, but who have not yet completed and submitted their thesis or dissertation. See the Enrollment Policy for details. The fee for Continuing Enrollment (898) is not eligible for a waiver. Students holding an F-1 or J-1 visa are not eligible to enroll in 898 credits as part of meeting requirements. If a student holding an F-1 or J-1 visa needs to enroll in an 898 course, they must receive prior approval to do so from the international student advisor in Global Programs and Services. Graded S/U. Requires department approval.
AGEC 899. Doctoral Dissertation. 1-15 Credits.
Original investigation under the supervision of a major adviser and an advisory committee. Graded S/U.
