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COURSE DESCRIPTIONS


SAMPLE COURSE DESCRIPTION

COURSE NUMBERING SYSTEM

GENERAL EDUCATION DESIGNATION

DEPARTMENTS OFFERING DIVERSIFICATION COURSES

Agricultural and Resource Economics (AREC)

College of Tropical Agriculture and Human Resources, see also Natural Resources and Environmental Management (NREM)

AREC 610 Biosystems Modeling (3) Introduction to system thinking, procedures for developing system models, characteristics of important agricultural system modes, computer approach to evaluation and optimization of system models. Pre: one of MATH 215, MATH 241, MATH 251A; or consent. (Cross-listed as BE 638 and GEOG 636)

AREC 626 Econometrics I (3) Review of probability, estimation, small sample and asymptotic properties. Bivariate and multiple regression and matrix algebra formulation. Regression diagnostics. Introduction to heteroskedastidity, autocorrelation, simultaneity, dichotomous variables, advanced topics. Pre: NREM 310 or ECON 321, and MATH 241; or consent. (Cross-listed as ECON 628)

AREC 627 Applied Microeconomic Analysis (3) Economic applications to the agricultural and nonagricultural industries are emphasized. Econometric techniques are used to estimate demand, supply, production and cost functions, which are analyzed in terms of economic theory and market information. A-F only. Pre: 626 and ECON 627, or consent. (Cross-listed as NREM 627)

AREC 629 Advanced Production Economics (3) Economics of resource allocation at consumer, firm, and industry levels. Advanced analytical techniques of analysis: programming, synthesis, statistical analysis. Pre: 634 and ECON 608, or consent.

AREC 634 Econometrics II (3) Specification, statistical estimation, inference, and forecasting of economic models. Includes advanced topics for single-equation models, pooled models, qualitative dependent variables, simultaneous systems, distributed lags, and time series. Pre: 626 and ECON 628, or consent. (Cross-listed as ECON 629)

AREC 700 Thesis Research (V)

AREC 800 Dissertation Research (V)