A list of courses offered in the current semester is available in the Office of the Registrar's Timetable.
Graduate students normally take courses numbered 500 and above, although 400 level courses may sometimes count for graduate degree credit. This list includes courses taught in other departments commonly taken by AAE graduate students.
Abbreviations Used in Course Listings
AAE Courses
AAE 215 Introduction to Agricultural and Applied Economics. I, II, SS; 3 cr (S-E). Introduction to economic ways of thinking about a wide range of problems and issues. Topics include consumption, production, prices, markets, finance, trade, pollution, growth, farms, taxes, and development. P: Open to Fr.
AAE 289 Honors Independent Study. I, II, SS; 1-2 cr P: Enrolled in the CALS Honors Prgm & So or Jr st. Inter-Ag 288.
AAE 299 Independent Study. I, II, SS; 1-3 cr P: Fr, So or Jr st & written cons inst. Open to Fr.
AAE 306 The Real Estate Process. (Crosslisted with Real Est, Econ, UrbRPl) I, II, SS; 3 cr (S-I). Introductory survey course. Decision-making processes for the manufacture, marketing, management and financing of real estate space. Survey of institutional context, economics of urbanization, historical pattern and structure of city growth, and public policy issues regarding urban environment and business management. P: Econ 101 & Jr st.
AAE 319 The International Agricultural Economy. II; 3 cr (S-I). The nature of trade in agricultural products, trade policies and practices of importing and exporting nations, agricultural policies of major trading blocks, market instability and other primary commodity problems, recent history and current developments in multilateral trade policy. P: 215 or Econ 101 or cons inst.
AAE 320 Farming Systems Management. I; 3 cr (S-I). Methods of economic analysis and planning as applied to conventional and alternative farming systems. P: 215 or Econ 101.
AAE 322 Commodity Markets. II; 3 cr (S-I). Principles and practices in marketing systems for U.S. agricultural commodities. Vertical organization; forward contracts, future markets, agricultural options and price formation. Alternate management at the farm, processor, wholesale and retail levels. P: 215 or Econ 101 or equiv.
AAE 323 Cooperatives. I; 3 cr (S-I). Cooperatives: Analysis of basic principles, structure and organization, legal bases, finance, history and role in U.S. economy. Different types and uses as tools in the U.S. and developing countries. P: Jr st or cons inst.
AAE 343 Environmental Economics. (Crosslisted with Envir St, Econ) I, II; 3-4 cr (S-I). Microeconomic principles underlying the use of natural resources such as air, water, forests, fisheries, minerals and energy. These principles are applied in the examination of pollution control, preservation vs. development, deforestation, and other environmental issues. P: Econ 101 or equiv, or cons inst.
AAE 344 The Environment and the Global Economy. (Crosslisted with Envir St) II; 3 cr (S-E). The environmental implications of the global economy concern global climate change, trade in endangered species, preservation of biodiversity, transboundary pollution, and the chemical contamination of traded goods. This course concerns the "economic way of thinking" about global environmental issues. P: Open to Fr.
AAE 350 World Hunger and Malnutrition. (Crosslisted with Nutr Sci, Agronomy, Inter-AG) II; 3 cr (B-I). Hunger and poverty in developing countries and the United States. Topics include: the concept of food as a right, the biology of malnutrition, the nutrition transition and its impact on health and healthcare, how malnutrition is defined and measured, global hunger trends and differences across regions, seasons, and groups, the dynamics of population, food production and other factors affecting hunger and malnutrition, specific challenges facing selected countries, hunger alleviation programs, including international aid, case studies of how families cope with hunger and poverty P: Open to Fr.
AAE 373 Globalization, Development and Poverty. (Crosslisted with) II; 3 cr Addresses the process of globalization P: Econ 101 and 102, or Econ 111, or equiv, or
AAE 374 The Growth and Development of Nations in the Global Economy. (Crosslisted with Intl St) I; 3 cr (I). This course explores the roles of markets, states, and civil institutions, using economic theory, computer simulations, and historical experience to better understand the forces that shape the wealth and well-being of nations and people around the world. P: Econ 101, or Econ 102, or 215, or equiv.
AAE 375 Biodiversity Conserv & Sustain Develop in China . 1-2 cr
AAE 375 Mexico Study Tour & Seminar.
AAE 375 Special Topics. I, II, SS; 1-4 cr P: Cons inst.
AAE 399 Coordinative Internship/Cooperative Education. I, II, SS; 1-8 cr P: Cons suprvsg inst, advisor, & intrshp progm coordinator
AAE 419 Agricultural Finance. I; 3 cr An examination of financial markets, the theory of capital, financial analysis, and financial management. P: AAE 320.
AAE 420 Production Economics. II; 3 cr Applications of basic theoretical concepts in farm production and aggregate supply analysis using linear programming and simulation techniques. P: Econ 301 or equiv.
AAE 421 Economic Analysis of Agricultural Markets. (Crosslisted with Econ 421.) II; 3 cr (S-I). Price discovery in U.S. farm product markets; competitive theory and extension to time, space, and form dimensions; theory of market control and contemporary applications. P: Econ 301 or equiv.
AAE 426 Quantitative Methods in Agricultural and Applied Economics. (Crosslisted with Econ 426) I; 3 cr (S-I). Use of economics and statistics to obtain quantitative answers to problems faced by decision makers. Homework problems requiring use of computers and software packages to gain experience working with numbers in context of specific problems. P: Math 211, Econ 301, Stat 301.
AAE 462 Latin American Economic Development. (Crosslisted with Econ, Intl Bus) II; 3 cr (S-A). A historico-institutional analysis of development problems in the principal Latin American countries, with attention to differentiation of national growth patterns and alternative development strategies. P: Econ 102 or 111 and Jr st.
AAE 473 Economic Growth and Development in Southeast Asia. (Crosslisted with Econ) II; 3 cr (I). Evaluates economic development strategies in Southeast Asia and their inplications for growth, distribution and environment. Students learn trade and development theory as well as specific knowledge of Southeast Asian economic development. P: Two crses in and/or Econ, or cons inst.
AAE 474 Economic Problems of Developing Areas. (Crosslisted with Econ) I or II; 3 cr (S-I). Analyzes aggregate growth, income distribution and poverty in lower income economies. Uses microeconomics of imperfect labor, capital and insurance markets to explore why some individuals advance economically as their economies grow and others fall behind. Considers implications of aggregate and micro analysis for national and international economic policy. P: Sr st and two crses in econ.
AAE 477 Agricultural and Economic Development in Africa. (Crosslisted with Econ) I; 3 cr (S-I). Composition, organization, and techniques of agricultural production; economic change and development of agriculture, economic policies, special problems of developing African agriculture. P: Two crses in and/or Econ, or cons inst.
AAE 500 Senior Capstone Experience. I, II; 3 cr Teaches students how to apply economic theory to economic problems, utilize quantitative techniques in economic analyses, and communicate findings and results of economic analyses. P: Sr. st, Math 211, 420 and Stat 201, or equivs.
AAE 520 Community Economic Analysis. (Crosslisted with URPL and Real Estate) II; 3 cr Economic theory (location and growth) applicable to community economic development; the role of private and public sector in local economic development, and techniques for economic analysis of community. P: Econ 301.
AAE 531 Natural Resource Economics. (Crosslisted with Econ and Forest Ecol) I; 3 cr Economic concepts and tools relating to management and use of natural resources, including pricing principles, cost-benefit analysis, equity, externalities, economic rent, renewable and nonrenewable resources, and resource policy issues P: Econ 301 and Math 211, or equiv
AAE 540 Intellectual Property Rights, Innovation and Technology. (Crosslisted with Management and Human Resources)) II; 3 cr Uses economic concepts to illustrate the nature of technological innovation, competition, and economic growth. Topics: Economics of the intellectual property protection (IPP); market structure and innovation; interaction between public and private sectors; IPP and anticompetitive policies; globalization P: Econ 301, or equiv
AAE 567 Public Finance in Less Developed Countries. (Crosslisted with Econ) I; 3 cr (A). Potential and limitations of fiscal policy as a development instrument in low-income countries; tax harmonization in economic integration; case studies in tax reform; budgeting and planning. P: Intro crse in econ thry, public finance or econ dev.
AAE 575 Applied Decision Analysis in Agriculture.
AAE 575 Economics of Innovation and Technology . 3 cr
AAE 575 Special Topics. I, II, SS; 1-4 cr Topics will vary from semester to semester. . P: Jr st or cons inst.
AAE 577 Economics of Growth and Class Structure in Low Income Countries. (Crosslisted with Econ) Alt yrs.; 3 cr (S-I). Analyzes the relationship between growth and the changes in land access, employment, and class and intrahousehold structures which shape growth's welfare effects in contemporary low income economies. Methodologically explores the interface between neoclassical economics and marxian analysis. P: AAE/Econ 474 or cons inst.
AAE 600 Forest Taxation. (Crosslisted with Forest) Alt yrs.; 2 cr Analysis of major types of taxes affecting forest land ownership and management. Past and current policy directions. Presentation of analytical models for determining impact of taxes upon resource allocation decisions and criteria for judging social desirability of taxes. P: Intmed crse in econ & Forestry 651 or cons inst.
AAE 635 Applied Microeconomic Theory. I; 3 cr Microeconomic theory applied to consumers, producers, markets, and welfare analysis. Emphasis is on the mathematics of duality and optimization methods. Computer applications of the theory. P: Two semesters of calc & Econ 301, or cons inst.
AAE 636 Applied Econometric Analysis I. I; 3 cr Introduction to the standard linear regression model with an emphasis on application issues. Includes statistical foundations, hypothesis testing, functional form, model selection and procedures for handling violations of model assumptions. P: Intermediate statistics, or cons inst.
AAE 637 Applied Econometric Analysis II. II; 3 cr Extension of the standard regression model is the primary focus. Topics: Non-linear regression models, maximum likelihood estimation, panel data, simultaneous equations, linear and nonlinear systems, analysis of discrete choice, limited dependent variables. Empirical economic applications and policy analysis P: AAE 636 or cons inst
AAE 652 Decision Methods for Natural Resource Managers. (Crosslisted with Forest, Envir St) II; 3-4 cr (B-I). Applications of quantitative methods, including optimization and simulation, to the management of natural resources, especially forests. P: Math 211 or equiv & Comp Sci 132 or equiv.
AAE 671 Energy Economics. (Crosslisted with Envir St, Econ, UrbRPl, TranPU) I or II; 3 cr (S-D). The method, application, and limitations of traditional economic approaches to the study of energy problems. Topics include microeconomic foundations of energy demand and supply; optimal pricing and allocation of energy resources; energy market structure, conduct, and performance; macro linkages of energy and the economy; and the economics of regulatory and other public policy approaches to the social control of energy. P: Sr or Grad st and intermed econ or appropriate substitute per cons inst.
AAE 681 Senior Honors Thesis. I, II, SS; 2-4 cr P: Honors candidacy.
AAE 682 Senior Honors Thesis. I, II, SS; 2-4 cr P: Honors candidacy.
AAE 691 Senior Thesis. I, II, SS; 2 cr P: Sr st and cons inst.
AAE 692 Senior Thesis. I, II, SS; 2 cr P: Sr st and cons inst.
AAE 699 Special Problems. I, II, SS; 1-4 cr (S-A). P: Sr st and cons inst.
AAE 705 Applied Microeconomics. II; 3 cr Focuses on developing a conceptual as well as empirical analysis of microeconomic behavior, including production and consumption analysis, technical change, and investment. Emphasizes empirical applications of microeconomics, with implications for efficiency and welfare analysis. P: 635 and State 309 or equiv.
AAE 706 Applied Risk Analysis. II; 3 cr Conceptual empirical analysis of economic behavior under risk and its implications for management and policy decisions. Emphasis on economic applications to the agricultural and food sector. P: AAE635.
AAE 707 Institutional Economics. (Crosslisted with Econ 707.) II; Comparative analysis of neoclassical and institutional economics, with emphasis on economic epistemology, agency theory, transaction costs, firms and markets, property rights, externalities, welfare economics, efficiency, and rules of social choice. P: 635 or equiv.
AAE 729 The Microdynamics of Environment and Development. II; 3 cr Explores the intersection of environmental and development economics using advanced theoretical and empirical models to examine rural conservation and development, technology adoption and diffusion, and the dynamics of investment behavior in the presence of imperfect capital markets. P: 635. Econ 711 recommended.
AAE 730 Economics of Development 1. I or II; 3 cr Theory and empirical evidence on growth and development in low-income countries. Topics may include: measurement of poverty and inequality, risk and insurance, social networks, technology adoption, education, corruption, institutions, and behavioral economics P: Grad st in or Econ or cons of instr
AAE 731 Economics of Development 2. (Meets with Econ 877) I; 3 cr Theory and empirical evidence on growth and development in less developed countries, with focus on trade, development policy and macroeconomic management. Using open-economy macroeconomic models, we examine implications of economic booms, crises, and policy regime changes. P: Grad st in or Econ or cons of instr
AAE 732 Economics of Development 3. (Meets with Econ 878) II; 3 cr The microeconomic theory and empirical evidence about agricultural growth and change in less developed countries. Five areas are studied: peasant behavior and supply response; technical change; rural labor markets; rural factor markets and interlinkage; and structural alternatives. P: Grad st in or Econ or cons of instr.
AAE 733 Food Pricing and Policy Analysis. I; 3 cr Analysis of food pricing and international food policy. Emphasis on the roles of agricultural technology and trade in the pricing of food, food security issues and the roles of government food pricing, and trade policies in economic development. P: 635
AAE 740 Intermediate Production Economics. 3 cr Empirical analysis of agricultural production issues with application to international and domestic agriculture and natural resource issues. A review of production economics theory is followed by topics and readings on optimization and econometric production models. P: AAE 635 and 636 or equiv or concurrent registration.
AAE 741 Advanced Policy Analysis. I; 3 cr Economic efficiency and welfare at the micro and macro levels. Role of contracts and effects of policy instruments related to pricing and trade policy, under uncertainty. Role of technology and effects of globalization in developed and developing countries. P: Econ 711 or consent of instr.
AAE 743 Applied Consumption Analysis. II; 3 cr Consumption theory as an analytical/conceptual framework for applied research is the focus of this class. Specification, estimation and interpretation of models of consumer behavior which are consistent with economic theory will be stressed in class lectures. Extensive review and estimation of econometric models based on the theory of consumer behavior is a major focus of this class P: AAE 635 or cons inst.
AAE 744 Regional Economics. (Crosslisted with Urb R Pl) I; 3 cr Major theories of economic structure within a spatial context are examined. Special attention is paid to economic growth within a spatial world, migration of firms and resources across space, the empirical modeling of these processes, and regional economic modeling. P: 635 or equiv or cons inst.
AAE 747 Economics of the Food Industry. (Crosslisted with Econ 747.) II, Alt Yr; 3 cr Basic problems, organization, and methods of marketing research; industrial organization, marketing channels and institutions; vertical systems analysis; spatial and temporal dimensions. P: Grad st.
AAE 760 Dynamic Natural Resource Economics. I; 3 cr Applications of optimal control theory, dynamic programming, and associated approximation methods in natural resource economics. Theoretical results characterize the efficient allocation of resources. Numerical applications examine issues in resource management. P: 635 or equiv, & Econ 605.
AAE 762 Environmental Economics. 3 cr The role of markets and government in the allocation of environmental goods and services. Topics include public goods, open access resources and market failure; policy instruments for dealing with environmental quality problems such as air pollution; and economic concepts of sustainability. P: 635.
AAE 763 Spatial Modeling in Resource Economics. 2 cr
AAE 799 Practicum in Agricultural and Applied Economics Teaching. 1-3 cr Instructional orientation to teaching at the higher education level in the agricultural and life sciences, direct teaching experience under faculty supervision, experience in testing and evaluation of students, and the analysis of teaching performance. P: Grad st & cons inst.
AAE 875 Development Studies Seminar . 1-4 cr
AAE 875 Eastern Europe in Transition: Prop Relatns&Society.
AAE 875 Growth, Trade and the Environment in Developing Countries.
AAE 875 Industrial Ogranization and Trade.
AAE 875 Microeconometrics of Development.
AAE 875 Price Analysis in Futures Markets.
AAE 875 Special Topics. I, II, SS; 1-4 cr P: Grad st and cons inst.
AAE 881 Benefit-Cost Analysis. (Crosslisted with Pub Affr, Envir St) 1-4 cr This course will present the welfare economics underpinnings for evaluating the social benefits and costs of government activities. Issues such as uncertainty, the social discount rate, and welfare weights will be discussed; case studies from the environmental, social policy, and agricultural areas will be studied. P: One yr intro econ or one semester intermed econ or Pub Affr 880.
AAE 982 Interdepartmental Seminar in the Latin-American area. (Crosslisted with Anthro, Econ, Geog, History, Jour) 1-3 cr P: Grad st & cons inst.
AAE 990 Research and Thesis. 1-12 cr P: Cons inst.
AAE 999 Special Work-Agricultural and Applied Economics. I, II, SS; 1-3 cr P: Special Work-Agricultural and Applied Economics. I, II, SS; 1-3 cr.
CALS Interdisciplinary Courses
CALS
Interdisc/Animal Sci 375 Special Topics. I;
1-4 cr. Subjects of current interest to undergraduates. P: Cons inst.
Community Scholars Program
Statistics
Stat 309 Introduction to Mathematical Statistics. (Crosslisted with Math) I; 4 cr (N-A). Probability and combinatorial methods, discrete and continuous, univariate and multivariate distributions, expected values, moments, normal distribution and derived distributions, estimation. P: For majors in math and stats, Math 223 or 234.
Stat 311 Introduction to Mathematical Statistics. I, II; 4 cr (N-A). Elements of probability, important discrete distributions, acceptance sampling by attributes, sample characteristics, probability distributions and population characteristics, the normal distribution, acceptance sampling plans based on sample means and variances, sampling from the normal, the central limit theorem, point and interval estimation. P: Math 223 or con reg.
Stat 313 Introduction to Mathematical Statistics. I; 4 cr (N-A). Elements of probability, discrete and continuous distributions, moments, moment generating functions, sampling theory, distributions associated with the normal, the central limit theorem, point estimation, principles of maximum likelihood, large sample theory. P: For majors in Business & Soc Sci, Math 223.
Stat 349 Introduction to Time Series. II; 3 cr (N-A). Autocorrelation, elements of spectral analysis; dynamic models; auto-regressive and moving average models; identification and fitting; forecasting; seasonal adjustment; applications in the social sciences and environmental studies. P: Stat 301 or equiv, or cons inst.
Math
Math 431 Introduction to the Theory of Probability. (Crosslisted with Stat) I, II, SS; 3 cr (N-A). Probability in discrete sample spaces; combinatorial analysis; conditional probabilities, stochastic independence, Laplace limit theorem, Poisson distribution, laws of large numbers, random variables, central limit theorem, applications. P: Math 223 or 234.
Math 443 Applied Linear Algebra. I; 3 cr (N-A). Review of matrix algebra. Simultaneous linear equations, linear dependence and rank, vector space, eigenvalues and eigenvectors, diagonalization, quadratic forms, inner product spaces, norms, canonical forms. For students whose main field of interest is not pure mathematics. Discussion of numerical aspects and applications in the sciences. P: Math 320 or 340 or cons inst.
Math 521 Advanced Calculus. I, II, SS; 3 cr (N-A). Fundamental notions of limits, continuity, differentiation, and integration, for functions of one or more variables, convergence and uniform convergence of infinite series, and improper integrals. P: Math 340 or con reg.
Math 522 Advanced Calculus. II; 3 cr (N-A). Differentials and Jacobians, transformation of coordinates and of multiple integrals, line and surface integrals.P: Math 521.
Economics
Ec 521 Game Theory and Economic Analysis. I; 3 cr (I). The study of multi-agent, interactive decision problems, with emphasis on questions of coordination, cooperation and conflict. Applications include relations between countries, competition between firms, bargaining between unions and firms, and contests between political candidates. P: Econ 301, Math 222.
Ec 606 Mathematical Economics II.3-4 cr. Advanced mathematical topics and techniques used in economic analysis. Deterministic and Stochastic Control Theory emphasized. P: Econ 605 or equiv.
Ec 664 Advanced International Trade. 3 cr. Policies relating to trade, tariffs, balance of payments, and aid programs, with special emphasis on recent developments and the role played by the United States. P: Econ 464, or Econ 301 (or 311) and 364, or cons inst.
Ec 665 International Trade Policy. 3 cr. International trade policies of the United States and other countries are studied in historical, institutional, and analytical terms. Analysis of international agencies established to promote trade expansion, provide rules of good behavior, and settle trading disputes among countries. P: Econ 464, or Econ 301 (or 311) and 364, or cons inst.
Ec 666 Advanced International Finance. 3 cr. Modern institutions, history, and controversies of international financial relations. Foreign exchange market, the Euro-currency banking system, and central bank intervention in both. P: Econ 464, or Econ 302 (or 312) and 364, or cons inst.
Ec 703 Mathematical Economics I. 3-4 cr. A survey of mathematical techniques used in economic analysis. Linear algebra and optimization techniques are emphasized. P: 2 semesters of adv calc, 1 semester of linear algebra, & Grad st, or cons inst.
Ec 709 Economic Statistics and Econometrics I. 3-4 cr. Probability distributions, statistical inference; multiple linear regression; introduction to econometric methods. P: 2 semesters of adv calc, 1 semester of linear algebra, & Grad st, or cons inst.
Ec 710 Economic Statistics and Econometrics II. 3-4 cr. Extensions of the linear regression model; introduction to multiple equation models. P: Econ 709.
Ec 711 Economic Theory-Microeconomics Sequence. 3 cr. First course in a two-semester sequence: theories of firms, consumers, and markets; or partial and general equilibria in market and centralized economies; topics in welfare economics. P: 2 semesters of adv calc, 1 semester of lineal algebra, & Grad st, or cons inst.
Ec 712 Economic Theory-Macroeconomics Sequence. 3 cr. First course in a two semester sequence: commodity, money and labor markets, their components and general equilibrium; intertemporal optimization and growth theory. P: 2 semesters of adv calc, 1 semester of lineal algebra, & Grad st, or cons inst.
Ec 713 Economic Theory: Microeconomics Sequence. 3 cr. Continuation of 711. P: Econ 711.
Ec 714 Economic Theory; Macroeconomics Sequence.3 cr. Continuation of 712. P: Econ 712.
Ec 741 Theory of Public Finance and Fiscal Policy. 3 cr. Theoretical development of the functions of government in a mixed economy; welfare criteria for efficient government expenditures and taxation; nature of public goods and of redistribution activities of governments. Program budgeting and theoretical issues in cost-benefit analysis. P: Grad st.
Ec 742 Theory of Public Finance and Fiscal Policy. 3 cr. Incidence of tax burdens and expenditure benefits on relative incomes; effect of taxation on microeconomic decisions relating to work effort, investment, and consumption; analysis of the stabilization, growth, and debt management policies in the context of the economy as a whole; problems in international taxation. P: Grad st.
Ec 871 Advanced International Economics. 3 cr. General equilibrium algebraic and geometric modeling of open economies with balanced trade, and the welfare economics of international exchange and barriers thereto. P: Grad st.
Ec 872 Advanced International Economics. 3 cr. Algebraic and geometric modelling of open macroeconomics with unbalanced trade and payments, focussing analytically on the foreign exchange market and the determinants of the exchange rate. P: Grad st.
Ec 879 Seminar-Economic Development.2-3 cr. Individual research and group discussion of selected topics. P: Grad st.
Sociology
Soc 751 Survey Methods for Social Research. 3 cr. Theoretical and practical issues involved in the design of surveys and their components. Students apply knowledge of survey research techniques to a specific and complete research project. P: Grad st and Soc 361 or equiv.
Soc 752 Measurement and Questionnaires for Survey Research. 3 cr. Analysis and presentation of survey results through contingency table analysis. Techniques for assessing the quality of data produced by survey methods. Practical application of course material to a specific research problem through research reports and other exercises involving data analysis on a topic of the student's choice. P: Soc 751 or permission of inst.
Forest Ecology and Management
FEM 865 Advanced Forestry Economics and Management. 2-3cr. Usefulness and limitations of economic analysis in forest management; relation to decision-making, biological research, major types of forest management decisions, effects of multiple objectives for forest management; forestry applications of administration and personnel management. P: Forestry 651, 652 or equiv. Buongiorno, Stier.