2002-2003 Edition
Texas A&M University Undergraduate CatalogTexas A&M University Undergraduate Catalog
Catalog Contents
Academic Calendar
Board of Regents and System Administrative Officers
TAMU Administrative Officers
General Information
International Programs for Students
University Honors Program
Environmental Program
College of Agriculture and Life Sciences
College of Architecture
Lowry Mays College and Graduate School of Business
College of Education
Dwight Look College of Engineering
College of Geosciences
College of Liberal Arts
College of Science
College of Veterinary Medicine
General Academic Programs
School of Military Sciences
Texas A&M University at Galveston
Graduate Studies
Course Descriptions
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Appendices
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Curricula in Agricultural Economics

The Department of Agricultural Economics offers a Bachelor of Science degree in Agricultural Economics. The B.S. in Agricultural Economics offers students three options: Farm and Ranch Management, Food and Fiber Marketing, and Resource Economics. In addition, in conjunction with the Mays Business School, the department also offers a B.S. in agribusiness.

Requirements for Graduation

Requirements for graduation are listed in the Texas A&M University Student Rules and this catalog. With the exception of physical activity and general elective requirements, courses taken to satisfy degree requirements must be taken for letter grades.

Curriculum in Agricultural Economics
Bachelor of Science

The curricula in Agricultural Economics are designed to train graduates for a wide variety of jobs in agriculturally-oriented business firms and agencies. Sufficient flexibility is included in the curricula so that a student, in consultation with a faculty advisor, can develop a degree program which best fits personal career objectives. Options available in agricultural economics are farm and ranch management, food and fiber marketing and resource economics. The course requirements are the same during the freshman and sophomore years for all options. Students may select an option at any time, but must do so prior to registering for their junior year.

Freshman Year
First Semester

(Th-Pr)

Cr

 

Second Semester

(Th-Pr)

Cr
AGEC 105 Intro. to Ag. Economics

(3-0)

3

 

MATH 142 Business Math. II

(3-0)

3
AGLS 101 Modern Ag. Systems

(1-0)

1

 

American history elective 1

 

3
ENGL 104 Comp. and Rhetoric

(3-0)

3

 

Humanities elective 1,4

(3-0)

3
MATH 141 Business Math. I

(3-0)

3

 

Natural sciences elective 1,3

 

4
American history elective 1

 

3

 

Technical agriculture elective 2

 

3
Technical agriculture elective 2

 

3

 

* KINE 198 Health and Fitness Activity

(0-2)

1
 

 

16

 

 

 

17
 
Sophomore Year
ACCT 209 Survey of Accounting Prin.

(3-0)

3

 

ACCT 210 Survey of Mgrl. and Cost Accounting Prin.

(3-0)

3
AGEC 221 Computer Applications in Agriculture 5

 

3

 

COMM 203 Public Speaking

(3-0)

3
ECON 202 Prin. of Economics

(3-0)

3

 

ECON 203 Prin. of Economics

(3-0)

3
POLS 206 American Natl. Govt.

(3-0)

3

 

POLS 207 State and Local Govt.

(3-0)

3
Natural science elective 1,3

 

4

 

Visual and performing arts elective 1

 

3
 

 

16

 

* KINE 199 Required Physical Activity

(0-2)

1
 

 

 

 

 

 

16

NOTES:
1. To be selected from the University Core Curriculum.

2. Technical agriculture electives to be selected from: AGSM/FSTC 213; AGRO 105; ANSC 107/108; DASC 202; ENTO 201, 208, 222; FRSC 204 (requires BOTN 101 or BIOL 113), 302; FSTC 201; NUTR 202; HORT 201/202; HORT/FSTC 311; POSC 201/202 and RLEM 314.

3. Must be CHEM 101 for farm and ranch management option.

4. The 6 hours of international and cultural diversity courses, as required for graduation, may be met in the curriculum. Students may select humanities and visual and performing arts electives that also meet the international and cultural diversity requirement.

5. Enrollment must be approved in consultation with an academic advisor.

* Click here for more information.
Farm and Ranch Management Option

The Farm and Ranch Management option prepares students for the management of farm and ranch businesses and for professional and commercial work dealing closely with production agriculture. This option emphasizes a combination of economics, business administration and agriculture. Career opportunities for graduates will be in such areas as operating their own farm or ranch business, professional farm and ranch management, agricultural real estate and appraisal, extension and agricultural credit.

(See Freshman and Sophomore Years)
Junior Year
AGEC 314 Marketing Ag. Products

(3-0)

3

 

AGEC 317 Quant. Analysis in Ag.

 

 

ECON 323 Microeconomic Theory

(3-0)

3

 

Economics

(3-0)

3
STAT 303 Statistical Methods

(3-0)

3

 

AGEC 330 Financial Management in Ag.

(3-0)

3
Agricultural economics, business or

 

 

 

AGRO 301 Soil Science

(3-2)

4
economics elective 1

 

3

 

ENGL 301 Technical Writing

(3-0)

3
Directed AGEC course 2

 

3

 

Elective 3

 

4
 

 

15

 

 

 

17
 
Senior Year
AGEC 429 Agricultural Policy

(3-0)

3

 

AGEC 425 Advanced Farm and

 

 

AGEC 447 Agricultural Prices

(3-0)

3

 

Ranch Management

(2-2)

3
AGEC 481 Seminar

(1-0)

1

 

AGEC 430 Macroeconomics of Ag.

 

 

ANSC 302 Basic Beef Cattle Production

 

 

 

or

 

 

or

 

 

 

ECON 311 Money and Banking

 

 

ANSC 320 Animal Nutrition and Feeding

(3-0)

3

 

or

 

 

Electives 3

 

9

 

ECON 410 Macroeconomic Theory

(3-0)

3
 

 

19

 

Agricultural economics elective 2

 

3
 

 

 

 

Electives 3

 

7
 

 

 

 

 

 

16

NOTES:
1. Must be 300-level or higher.

2. Enrollment must be approved in consultation with an academic advisor.

3. A minimum of 9 hours must be 300- or 400-level courses. Students should consult their advisor.

 

Food and Fiber Marketing Option

The Food and Fiber Marketing option trains students in economic analysis for employment in areas of food and fiber procurement, processing, distribution, transportation and retailing. Employment opportunities for graduates from this option will be with agricultural marketing organizations, food and fiber processing or manufacturing firms, wholesalers such as food brokers, retail grocery firms or governmental agencies.

(See Freshman and Sophomore Years)
Junior Year
AGEC 314 Marketing Ag. Products

(3-0)

3

 

AGEC 317 Quant. Analysis in Ag. Econ.

(3-0)

3
AGEC 330 Financial Management in

 

 

 

ENGL 301 Technical Writing

(3-0)

3
Agriculture

(3-0)

3

 

Agricultural economics, business or economics elective 1

 

3

ECON 323 Microeconomic Theory

(3-0)

3

 

Directed AGEC course 2

 

3
MKTG 309 Intro. to Marketing

(3-0)

3

 

Food science and technology elective

 

3
STAT 303 Statistical Methods

(3-0)

3

 

 

 

15
 

 

15

 

 

 

 
Senior Year
AGEC 340 Environment of Agribusiness

(3-0)

3

 

AGEC 414 Agricultural Market Analysis

(3-0)

3
AGEC 429 Agricultural Policy

(3-0)

3

 

AGEC 430 Macroeconomics of Agriculture

 

 

AGEC 448 Ag. Commodity Futures 3

 

 

 

or

 

 

or

 

 

 

ECON 311 Money and Banking

 

 

AGEC 452 International Trade and Ag 3

(3-0)

3

 

or

 

 

AGEC 481 Seminar

(1-0)

1

 

ECON 410 Macroeconomic Theory

(3-0)

3
Agricultural economics elective

 

 

 

AGEC 447 Agricultural Prices

(3-0)

3
or

 

 

 

Electives 4

 

9
Marketing elective

 

3

 

 

 

18
Electives 4

 

6

 

 

 

 

 

 

19

 

 

 

 

NOTES:
1. Must be 300-level or higher.

2. Enrollment must be approved in consultation with an academic advisor.

3. AGEC 448, Agricultural Commodity Futures, is offered only during spring semesters. AGEC 452, International Trade and Agriculture, is offered only during fall semesters.

4. A minimum of 9 hours must be 300- or 400-level courses. Students should consult their advisor.

Resource Economics Option

The option in Resource Economics is designed to acquaint students with the economics of conservation and natural resource use as well as effects of humans on the environment. Also studied in this option is the impact of technology on natural and human resources. Employment opportunities would be with local and state planning agencies, environmental protection boards or federal agencies such as the U.S. Departments of Agriculture, Interior and Commerce and other agencies working with natural resources and environmental protection.

(See Freshman and Sophomore Years)
Junior Year
AGEC 314 Marketing Ag. Products

 

 

 

AGEC 317 Quant. Analysis in Ag. Econ.

(3-0)

3
or

 

 

 

AGEC 330 Financial Management in Ag.

(3-0)

3
Directed AGEC elective 1

 

3

 

AGEC 454 Land-Oil and Gas Law

 

 

AGEC 350 Environmental and Natural

 

 

 

or

 

 

Resource Economics

(3-0)

3

 

ECON 435 Econ. of Resource Scarcity

(3-0)

3
ECON 323 Microeconomic Theory

(3-0)

3

 

ENGL 301 Technical Writing

(3-0)

3
STAT 303 Statistical Methods

(3-0)

3

 

Elective 2

 

4
Elective 2

 

4

 

 

 

16
 

 

16

 

 

 

 

 
Senior Year
AGEC 422 Land Economics

(3-0)

3

 

AGEC 430 Macroeconomics of Agriculture

 

 

AGEC 429 Agricultural Policy

(3-0)

3

 

or

 

 

AGEC 481 Seminar

(1-0)

1

 

ECON 311 Money and Banking

 

 

ECON 412 Public Finance

 

 

 

or

 

 

or

 

 

 

ECON 410 Macroeconomic Theory

(3-0)

3
ECON 428 Economics of Urban Problems

 

 

 

AGEC 447 Agricultural Prices

(3-0)

3
or

 

 

 

Agricultural economics elective

 

3
RENR 375 Con. of Natural Resources

(3-0)

3

 

Electives 2

 

7
Electives 2

 

9

 

 

 

16
 

 

19

 

 

 

 

NOTES:
1. Enrollment must be approved in consultation with an academic advisor.

2. A minimum of 12 semester hours must be 300- or 400-level courses. Students should consult their advisor.