FRONTIERS IN AGRICULTURAL ECONOMICS 1

AAE 706

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.

AAE/ECON 526

Use of quantitative methods (mathematics, statistics, and optimization) to analyze problems faced by decision makers in natural resources and agriculture. Extensive homework requiring use of quantitative methods via spreadsheet tools to solve problems from an applied decision context.

AAE 641

Overview of the economic performance of agriculture in feeding the growing world population. Examines contemporary economic issues in the food sector, along with research methods used in their analysis. Covers production analysis, risk and uncertainty, food demand, market structure, policy and welfare analysis.

AAE 670

The fundamental mathematics and statistics necessary for the study of quantitative methods in agricultural and applied economics (AAE). Topics include the mathematics of optimization and its role in basic welfare theory and consumer demand; linear and matrix algebra and their application in both modeling consumer behavior and the statistical analysis of models; and the fundamentals of statistical analysis relevant to econometric analysis, including probability theory, sampling distributions and statistical inference.

AAE 780

Covers research methods to support development of a research paper proposal in agricultural and applied economics. Supports development of research interests and provides structured opportunities to develop skills in fully executing a research paper. Opportunities to refine research interests, identify gaps in the literature, and explore academic creativity. Gain experience lining up data, doing analysis, sifting through and presenting results, framing a contribution, producing a full paper, responding to critiques, and orally presenting findings.