Food and Resource Economics




        The Department of Food and Resource Economics offer three specializations. Students should consult an adviser for approval of electives.

        To graduate, FRE majors must complete all college and department requirements in effect at the time they entered the college and earn a GPA of at least 2.25 in all AEB courses.

        Students who have completed 30 credit hours, but less than 60 credit hours, are required to complete mathematics through Pre-Calculus (MAC 1147 or equivalent) before admission to the college.  Students who have completed 60 credit hours or more are re-quired to complete mathematics through calculus (MAC 2233 or equivalent) before admission to the college.

All Specializations

Critical Tracking Criteria:

        Critical tracking courses are bolded. Complete the bolded courses in the semester indicated to stay on track for this major.
 
 
FRESHMAN YEAR
Semester 1 - Fall  Credits
Composition (GE)*. 3
Humanities (GE)* 3
MAC 1147 Pre-Calculus (GE-M). 4
Electives 5
Total
15
Semester 2 - Spring Credits
Humanities (GE)* 3
MAC 2233 Survey of Calculus I (GE-M)*. 3
Social and Behavioral Sciences (GE)* 3
BSC 2005 Biological Science I (GE)** 3
BSC 2005L Biological Science Lab (GE)**. 1
Elective. 2
Total
15
SOPHOMORE YEAR
Semester 3 - Fall Credits
Social and Behavioral Science 
Or Humanities (GE)*

3
STA 2023 Intro to Statistics (GE-M) 3
Biological Science (GE)** 3
AEE 3033 Writing for Ag & Nat. Resources 3
ACG 2021C Financial Accounting 4
Total 16
Semester 4 - Spring Credits
AEE 3030C Effective Oral Communication 3
AEB 3103 Principles of Food & Resource Economics 
         (GE-S)***.

4
ACG 2071 Managerial Accounting. 2
CHM 1083 Consumer Chemistry (GE-P)**. 3
Elective. 2
Total
14

   *   Order in which these courses are taken is not im-portant.
  **  College requirements that also meet the general education requirements for physical and biological sciences.
 *** College requirement that also meets the general education requirement for social and behavioral sciences.

AGRIBUSINESS MANAGEMENT SPECIALIZATION

        This specialization is for students with interests in agribusiness management, marketing or finance. There also are opportunities with commercial banks, the Farm Credit Service, insurance sales and appraisal firms.
 
 
JUNIOR YEAR
Semester 5 - Fall Credits
AEB 3112L Ag Computer Applications 1
AEB 3510 Quantitative Methods in FRE. 2
AEB  3343  Int’l Agribusiness Marketing (3) 
         Or AEB 3300 Agricultural & Food Mktg (3)
         Or MAR 3023 Prin of Marketing (4)
3-4
Approved College of Ag. Course (see adviser) 3
Approved Electives. 5
Total
14-15
Semester 6 - Spring Credits
AEB 3550 Agricultural Data Analysis 2
AEB 3133 Prin of Agribusiness Mgmt (3) 
        Or MAN 3025 Prin of Mgmt (4)

3-4
AEB 42xx FRE policy course. 3
AEB 3144 Intro to Agricultural Finance (3) 
         Or FIN 3408 Business Finance (4).

3-4
AEB 4342 Agribusiness Food Marketing/Mgmt. 3
Total
14-16

Critical Tracking Criteria:

SENIOR YEAR
Semester 7 - Fall Credits
AEB 42xx FRE policy course. 3
AEB 4141 Advanced Agribusiness Mgmt. 3
Specialization elective 3
ECO 3100 Managerial Economics 4
Approved Elective 3
Total
16
Semester 8 - Spring Credits
AEB 4325 Contemporary Issues in Agribusiness 3
Specialization Elective 3
ECO 3203 Intermediate Macroeconomics. 4
Approved Electives. 4
Total
14

Total


120
Specialization Electives
Select from the following nine courses:
AEB 3123 Agricultural Law. 3
AEB 3142 Rural Property Appraisal 3
AEB 3300 Agricultural & Food Mrktg. 3
AEB 3306 Futures Markets and Risk Management in 
         Agriculture.

3
AEB 3343 International Agribusiness Marketing 3
AEB 3341 Strategic Selling 3
AEB 4424 Human Resources Management in Agribusiness 3
AEB 4124 Legal Issues for Agriculture and Agribusiness 1
AEB 4334 Agricultural Price Analysis. 3
AEB 4941 Practical Work Experience in 
         Food and Resource Economics

2–3

NATURAL RESOURCE AND ENVIRONMENTAL ECONOMICS SPECIALIZATION

        Students receive a broad background in social sci-ences, management and physical sciences.  This diver-sity provides the skills for an entry-level position with a government agency or an environmental consulting firm.
 
 
JUNIOR YEAR
Semester 5 - Fall  Credits
AEB 3112L Ag. Computer Applications. 1
AEB 3450 Nat. Res. & Env. Economics. 3
AEB 3510 Quantitative Methods in FRE 2
Approved College of Ag course (see adviser) 3-4
Approved Electives. 5-6
Total
14-16
Semester 6 - Spring Credits
AEB 3550 Agricultural Data Analysis 2
AEB 4274 Nat. Res. & Environ. Policy 3
AEB 4452 Adv. Nat. Resource & Environ. Economics 3
Specialization Electives 3
Approved Electives. 4
Total
15

Critical Tracking Criteria:

SENIOR YEAR
Semester 7 - Fall Credits
AEB 42xx FRE Policy. 3
ECO 3100 Managerial Economics 4
Specialization Electives 6
Approved Electives. 2
Total
15
Semester 8 - Spring Credits
AEB 4454 Contemporary Issues in Natural Resources 3
ECO 3203 Intermediate Macroeconomics. 4
Specialization Electives 3
Approved Electives. 5
Total
15
Total
120
Specialization Electives . 12
Select one from each group, plus one from any group
Social Sciences
AEB 3123 Agricultural Law. 3
AGG 4444 Politics and Ethics in Agriculture. 3
ECO 3530 Public Choice. 3
ECP 4403 Government Regulation of Business 3
GEO 3502 Economic Geography. 3
GEO 3370 Conservation of Resources. 3
GEO 4620 Land Use and Urban Form 3
PUP 3204 Politics and Ecology 3
Management
AEB 3133 Principles of Agribusiness Management 3
AEB 3144 Introduction to Agricultural Finance. 3
AEB 4324 Economics of Agribusiness Production Decisions 3
ECO 4504 Public Finance 3
MAN 3025 Principles of Management. 4
Physical Sciences
AGR 3001 Food, Society and Environment 3
AGG 3503 Agricultural and Environmental Quality. 3
EES 3008 Energy and Environment 3
ENV 4601 Environmental Resources Management 3
ENV 3000 Environmental Science and Humanity 3
GEO 4201 Advanced Physical Geography 3
GLY 2030 Environmental Geology 3

APPLIED ECONOMICS SPECIALIZATION

        This specialization provides a broad background in an area of specialty.  Many who choose this speciali-zation are preparing for entry into an agricultural eco-nomics graduate program.
 
 
JUNIOR YEAR
Semester 5 - Fall  Credits
AEB 3112 Ag. Computer Applications. 1
AEB 3510 Quantitative Methods 2
AEB 3133 Principles of Agribusiness 3
Approved College of Ag course (see adviser) 3
Approved Electives 6
Total
15
Semester 6 - Spring Credits
AEB 3300 Agricultural & Food Markets 3
AEB 3550 Agricultural Data Analysis 2
AEB 42xx FRE policy course. 3
Specialization Electives 5
Approved Electives 2
Total
15

Critical Tracking Criteria:

SENIOR YEAR
Semester 7 - Fall Credits
AEB 3144/AEB 3450 Nat. Res. & Environ-Mental 
         Economics

3
AEB 42xx FRE policy course. 3
ECO 3101 Intermediate Microeconomics. 4
Specialization Electives 3
Approved Electives. 2
Total
15
Semester 8 - Spring Credits
AEB 4334 Ag. Price Analysis. 3
ECO 3203 Intermediate Macroeconomics. 4
Specialization Electives 2
Approved Electives. 6
Total
15
Total
120

        Specialization electives: Choose any AEB course not listed as required.
Approved Electives Balance of 120
        credit hours necessary for graduation.

AGRIBUSINESS MANAGEMENT AND SALES MINOR

        This minor provides a basic understanding and skill level of sales and management techniques in agribusi-ness. The student’s academic adviser and the under-graduate coordinator of the Department of Food and Resource Economics must approve specific courses in the minor at least one semester before graduation. AEB 3103 does not count toward the minor and a minimum 2.0 GPA for all courses in the minor is required.
 
 
AEB 3133 Principles of Agribusiness Management 3
AEB 3341 Strategic Selling 3
Select at least one course from the following:1
AEB 3144 Introduction to Agricultural Finance 3
AEB 3300 Agricultural and Food Marketing. 3
Select six–nine credit hours from the following:1
AEB 3424 Human Resources Management in Agribusiness 3
AEB 4141 Advanced Agribusiness Management. 3
AEB 4314 Terminal Markets and Commodity Exchanges 1
AEB 4342 Agribusiness and Food Marketing Management. 3
AEB 4932 Agribusiness Practicum 1–3
AEB 3306 Futures Markets & Risk Management in 
         Agriculture

3
AEB 3343 International Agribusiness Marketing. 3
AEB 4325 Contemporary Issues in Agribusiness 3
AEB 4242 International Trade Policy in Ag 2
MAN 3025 Principles of Management 4

1 Students must take either AEB 3144 or AEB 3300.  If the student completes AEB 3144, then AEB 3300 may be counted as part of the six credit hours. Students from the Warrington College of Business Ad-ministration may not enroll in AEB 3133 or AEB 3144.  These students will be required to select nine credit hours from the electives list.

AGRICULTURAL AND NATURAL RESOURCES ETHICS AND POLICY MINOR

        This minor serves as additional preparation for careers in education, business, law or politics.
 
AGG 4444 Agricultural and Natural Resource Ethics. 3
Courses from Ethics, Social and Political Analysis Cluster 6
Courses from the Agriculture and Natural Resources Cluster 6
Ethics, Social and Political Analysis Cluster
ANT 4255 Rural People in Modern World.

3
PAD 4604 Administrative Law and Regulatory Politics. 3
PHM 3032 Ethics and Ecology 3
PHM 3202 Political Philosophy 3
POT 3001 Introduction to Political Theory 3
PUP 3204 Politics and Ecology. 3
SYD 3441 Rural Sociology. 3
Agriculture and Natural Resources Cluster
AEB 3123 Law Applied to Agriculture.

3
AEB 3450 Introduction to Natural Resource and 
         Environmental Economics

3
AEB 4224 U.S. Food & Agricultural Policy 2
AEB 4274 Natural Resource and Environmental Policy 2
AEB 4452 Advanced Natural Resource and Environmental 
         Economics

3
AEB 4454 Contemporary Issues in Natural Resource and       
         Environmental Economics

3
AGR 3001 Environment, Food and Scarcity 3
AGG 3503 Agricultural and Environmental Quality 3
EES 3008 Energy and Environment. 3
ENV 3003 Environmental Quality and Man. 3
FOR 3003 Forests, Conservation and People 3
FOR 3153C Forest Ecology 3
FNR 4660 Natural Resource Policy and Administration. 3
 
FOOD AND RESOURCE ECONOMICS MINOR

        The student’s academic adviser and the under-graduate coordinator in FRE must approve specific courses in the minor at least two semesters prior to graduation.  AEB 3103 does not apply toward the minor.