The Pennsylvania State University © 2001
AEREC 501
(AG EC)
AGRICULTURAL PRODUCTION ECONOMICS I
( 3)
Application of microeconomic theory to problems and decisions of farm
households and agricultural firms.
Prerequisite: ECON 502
AEREC 502
(AG EC;CEDEV)
ECONOMICS OF NATURAL RESOURCES AND RURAL DEVELOPMENT
( 3)
Emphasis will be placed on the application of economic concepts to
problems and policies in rural areas.
Prerequisite: ECON 502
,
ECON 503
AEREC 503
(AG EC)
AGRICULTURAL MARKETING
( 3)
Economic analysis of food marketing firms and institutions; identification
and measurement of dimensions of market performance; public policy.
Prerequisite: ECON 502
AEREC 510
(AG EC)
ECONOMETRICS I
( 3)
General linear model, multicolinearity, specification error, autocorrelation,
heteroskedasticity, restricted least squares, functional form, dummy
variables, limited dependent variables.
Prerequisite: ECON 490
or
STAT 462
or
STAT 501
AEREC 511
(AG EC)
ECONOMETRICS II
( 3)
Stochastic regressors, distributed lag models, pooling cross-section and time-
series data, simultaneous equation models.
Prerequisite: AG EC 510
AEREC 519
(AG EC)
RESOURCE AND ENVIRONMENTAL ECONOMICS I
( 3)
Theories and methods for economic analysis of natural resource and
environmental policies with applications to current issues.
Prerequisite: ECON 502
AEREC 525
(AG EC)
RESEARCH METHODS IN RURAL SOCIAL SCIENCES
( 3)
Scientific method in planning and conducting research.
Prerequisite:
9 credits in social sciences
AEREC 527
(AG EC)
QUANTITATIVE METHODS I
( 3)
Quantitative techniques applied to agricultural economic issues.
Prerequisite: ECON 502
AEREC 533
(AG EC;CEDEV)
RURAL DEVELOPMENT RESEARCH METHODS AND TOPICS
( 3)
Advanced theories and methods for rural economic development research.
Prerequisite: AG EC 502
,
AG EC 511
,
ECON 521
AEREC 534
(AG EC)
AGRICULTURAL PRODUCTION ECONOMICS II
( 3)
Current problems and methods of analysis in production economics research.
Prerequisite: ECON 521
,
AG EC 527
,
AG EC 511
AEREC 536
(AG EC)
AGRICULTURAL COMMODITY MARKETS
( 3)
Specification, identification, and estimation of models for use in the
evaluation and control of agricultural market behavior.
Prerequisite: AG EC 510
or
AG EC 511
or
ECON 521
AEREC 538
(AG EC)
POLICY FOR THE FOOD AND AGRICULTURAL SECTOR
( 3)
Policy formation; policies for food and agriculture, consequences for
farmers, consumers, resources; farm program benefits and costs; current
issues.
Prerequisite: AG EC 511
,
ECON 521
,
ECON 522
AEREC 539
(AG EC)
INTERNATIONAL AGRICULTURAL TRADE
( 3)
Analysis of determinants, institutions, and policy control of agricultural
trade. Role of agricultural trade in the general economy and development.
Prerequisite: ECON 502
AEREC 541
(AG EC)
RESOURCE AND ENVIRONMENTAL ECONOMICS II
( 3)
Key theories and analytical methods of resource and environmental economics.
Prerequisite: AG EC 511
,
AG EC 519
,
ECON 521
AEREC 550
(AG EC)
INTERNATIONAL ECONOMIC DEVELOPMENT AND AGRICULTURE
( 3)
The economic development process with particular emphasis on agriculture.
Prerequisite: ECON 502
AEREC 589
(AG EC)
SEMINAR IN ECONOMETRIC THEORY
( 3)
Theories and methods relevant to the application of statistical methods to
economics.
Prerequisite: AG EC 510
,
AG EC 511
AEREC 590
(AG EC)
COLLOQUIUM
( 1 - 3 per semester)
Continuing seminars which consist of a series of individual lectures by
faculty, students, or outside speakers.
AEREC 594
(AG EC)
RESEARCH TOPICS
( 1 -15)
Supervised student activities on research projects identified on an
individual or small-group basis.
AEREC 595
(AG EC)
INTERNSHIP
( 1 -18)
Supervised off-campus, nongroup instruction, including field experiences,
practicums, or internships. Written and oral critique of activity required.
AEREC 596
(AG EC)
INDIVIDUAL STUDIES
( 1 - 9)
Creative projects, including nonthesis research, which are supervised on an
individual basis and fall outside the scope of formal courses.
AEREC 597
(AG EC)
SPECIAL TOPICS
( 1 - 9)
AEREC 598
(AG EC)
SPECIAL TOPICS
( 3)
AEREC 599
(IL)
(AG EC)
FOREIGN STUDIES
( 1 - 2 per semester, maximum of 4)
The Pennsylvania State University © 2001
The University reserves the right to change the requirements and regulations listed here and to determine whether a student has satisfactorily met its requirements for admission or graduation, and to reject any applicant for any reason the University determines to be material to the applicant's qualifications to pursue higher education. Nothing in this material should be considered a guarantee that completion of a program and graduation from the University will result in employment.
The University Faculty Senate has responsibility for and authority over all academic information contained in the Undergraduate Bulletin.
This electronic Undergraduate Bulletin is a version of the official bulletin of The Pennsylvania State University. It is suggested that users refer to this electronic bulletin when seeking the latest information about the University's academic programs and courses. Printed versions of the Bulletin are also official copies of the programs, courses, and policies in effect at the time of printing. Programmatic expectations for general education are those in effect at the time of admission to degree candidacy, and college and major requirements are those in effect at the time of entry to college and major. These are accurately indicated in each student's degree audit.
Effective Date: Current
Review Date: 06/20/2008