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Department of Agriculture
Member, Texas Tech University System The Princeton Review - 373 Best Colleges, 2011 Edition

Agriculture (AG) and Agriculture Economics (AGEC) Course Descriptions

Agriculture (AG) Course Description

4091 Internship Credit: 1 to 9. A supervised course providing practical on-the-job experience in the student’s minor. Prerequisite: senior standing and approval of department head; 2.5 or better GPA in major and overall. Grading for this course will be: Pass (P), Fail (F).

Agriculture Economics (AGEC) Course Descriptions

1331 Introductory Agricultural Economics and Business. Orientation to Agricultural supply businesses, farm and ranch management, food markets, capital markets, etc. Course will provide an overview of the role of agriculture in the U.S. and world economies.

1351 Fundamental Economic/Financial Analysis. Use of computer spreadsheets in business management and statistical and financial analysis. Logical spreadsheet functions, applications and capabilities. Accounting, finance and management practices put into practice in spreadsheet format.

4330 Agricultural Marketing. Fundamentals of agricultural marketing management and planning (input and output). Study the institutional differences between agricultural and non-agricultural marketing environments. Outline essential marketing functions of buying, selling, transportation, storage, financing, standardization, pricing and risk bearing.

3331 Agribusiness Management. Non-farm, agriculture-related business. Includes: tools for management decision-making, legal forms of business organization, managerial accounting and key financial management techniques, personnel management and leadership skills.

4332 Financial Management of an Agribusiness. Study of major decisions made by agricultural firms. Analysis of investment in inventory, cash flows, receivables and repayment capacity. Review of capital markets.

4331 Farm and Ranch Management. Principles of farm and ranch organization and management. Development of a business plan to include executive summary of business, resource inventory, SWOT analysis, legal and liability assessment, goals, productions plans, financial analysis and marketing plans.

4342 Agribusiness Statistics. Statistical methods with applications in agribusiness and resource management.

4351 Land and Natural Resource Economics. Economic analysis of resource issues, policies and management. Issues could include: land fragmentation, mineral extraction issues, conservation easement and development rights, urbanization, renewable resources, carbon sequestration, property rights and water rights.

5331 Farm and Ranch Management (3-0). Principles of farm and ranch organization and management.
Development of a business plan to include executive summary of business, resource inventory,
SWOT analysis, legal and liability assessment, goals, production plans, financial analysis and marketing
plans. Course meets concurrently with AGEC 4331 but requires additional readings, papers, discussions,
and/or presentations for graduate students.
Prerequisite: Permission of Graduate Advisor and Graduate Dean.

5332 Financial Management of an Agribusiness. Study of major decisions made by agricultural
firms. Analysis of investment in inventory, cash flows, receivables and repayment capacity. Review
of capital markets. Course meets concurrently with AGEC 4332 but requires additional readings, papers,
discussions, and/or presentations for graduate students.
Prerequisite: Permission of Graduate Advisor and Graduate Dean.

5342 Agribusiness Statistics. Statistical methods with application in agribusiness and resource
management. Course meets concurrently with Agricultural Economics 4342 but requires additional
readings, papers, discussions, and/or presentations for graduate students.
Prerequisite: Permission of Graduate Advisor and Graduate Dean.

5351 Land and Natural Resource Economics. Economic analysis of resource issues, policies
and management. Issues may include: land fragmentation, mineral extraction issues, conservation
easement and development rights, urbanization, renewable resources, carbon sequestration, property rights
and water rights. Course meets concurrently with AGEC 4351 but requires additional readings, papers,
discussions, and/or presentations for graduate students.
Prerequisite: Permission of Graduate Advisor and Graduate Dean.