APEC 3000 - Seminar in International Agriculture (1.0 cr [max 3.0 cr]; Prereq-#; fall, every year) Presentation
and discussion of students' research papers, literature reviews of
selected topics, or discussions by students and faculty of their
experiences in international agriculture.
APEC 3006 - Applied Macroeconomics: Government and the Economy (3.0 cr; =[ECON 3102, ECON 3102H]; Prereq-[[1102 or Econ 1102], [3001 or Econ 3101]] or #; fall, spring, every year) Public
sector and market economics. Public goods, externalities, and other
allocation issues. Government and stabilization of national economy.
Overview of new classical/Keynesian models. Principles of taxation.
Individual income tax. Sales, business, and property taxes.
APEC 3007 - Applied Macroeconomics: Policy, Trade, and Development (IP) (3.0 cr; Prereq-[1101 or Econ 1101], [1102 or Econ 1102]; 3001, 3006 recommended; fall, spring, every year) Foreign
trade, development, and growth. General equilibrium models for affects
of trading blocks on U.S. agriculture and broader economy. Importance
of growth on incomes. Foreign trade. Policies that impact world trade,
economic growth.
APEC 3071 - Agriculture and Economic Growth in Developing Countries (3.0 cr; Prereq-1101, 1102, Econ 1101, 1102 or #) Characteristics
and performance of peasant agriculture; potential role of agriculture
in economic development, and design of economic policies to achieve
agriculture and economic development; role of women in agricultural
development.
APEC 4103 - World Food Problems (C/PE, IP) (3.0 cr; =[AGRO 4103, CVM 6060, FSCN 4103]; Prereq-jr or sr or grad) A
multi-disciplinary look at problems and possible solutions affecting
food production, storage, and utilization in developing countries.
Presentations and discussions introduce conflicting views on
population, technology, and ethical and cultural values of people in
various parts of the world.
APEC 5152 - Applied Macroeconomics: Income and Employment (3.0 cr; Prereq-3001 or or Math 1271 or Math 2243 or equiv or grad student or #; spring, every year) Static
general equilibrium open economy models and simple business cycle
models that examine economic growth, business cycles, and fiscal and
monetary policy. Input-output analysis and large scale econometric
models. Sources/properties of economy and sector-wide data. Empirical
applications.
APEC 5321 - Regional Economic Analysis (3.0 cr; Prereq-3006 or Econ 3102 or #; fall, spring) Regional
development patterns and role of resources, transportation, and
institutional constraints. Trade, migration, and investments in
regional growth and change. Regional economic information in investment
and location decisions. Evaluation of economic development policies and
tools. Economic impact analysis.
APEC 5721 - Economics of Science and Technology Policy (IP) (3.0 cr; Prereq-[[5151 or & 5151], PA 5022] or #; fall, spring) Economics
of technical change, research, and technology. Productivity. Methods
for evaluating impacts of R&D. Intellectual property rights.
APEC 5731 - Economic Growth and International Development (3.0 cr; Prereq-3002 or [Econ 3101, Stat 3022]; Econ 4211 recommended; spring, every year) Economics
of research/development. Technical change, productivity growth. Impact
of technology on institutions. Science/technology policy.
APEC 5751 - Global Trade and Policy (IP) (3.0 cr; Prereq-3001 or Econ 3101 or PA 5021; fall, every year) Trade
policies of import/export nations, gains from trade, trade
negotiations/agreements. Free trade and common market areas. Exchange
rate impacts. Primary commodities and market instability. Current trade
issues.
APEC 8203 - Applied Welfare Economics and Public Policy (3.0 cr; Prereq-calculus, intermediate econ theory; spring, every year) Basic
concepts underlying measurement of welfare change, problems of market
failure and externalities, social welfare functions, and distribution
within and across generations. Application of concepts, based on case
studies of the environment, returns to research, technical change, and
agricultural policy.
APEC 8403 - Demand Analysis and Household Economics (2.0 cr;
Prereq-[8211, 8212, Econ 5151] or [Econ 8001, Econ 8002] or [Econ 8101,
Econ 8102] or [Econ 8201, Econ 8202, Econ 8203, Econ 8204] or #; A-F or
Aud) Household/individual behavior. Consumer demand analysis,
education, and other issues. Static demand theory/estimation, dynamic
demand theory/estimation, equivalence scales, intrahousehold allocation
of consumpion, analysis of education issues.
APEC 8701 - International Economic Development, Growth, and Trade (3.0 cr; Prereq-Econ 8002 or Econ 8102 or #; fall, every year) Development,
growth, and trade of developing nations and emerging market economies.
Course links stylized characteristics of economic development, economic
policy, and political economy using modern economic theory and
empirical methods of analysis.
APEC 8702 - Economic and Trade Policy: Sectoral and Institutional Issues (3.0 cr; Prereq-8230, Econ 8002 or Econ 8102 or #; spring, every year) Sectoral
economic activity in the United States; emphasizes changing role of
agriculture. Role of macroeconomic forces and trade policy since World
War II. Economic and institutional development in the international
economy, including the World Trade Organization, regional trade
agreements such as NAFTA, and the European Union.
APEC 8703 - Microeconomic Analysis of Economic Development (3.0 cr; Prereq-Econ 8001-04 or Econ 8101-04, and ApEc 8211-8212 or #. Concurrent registration is ok.; A-F or Aud) Topics
concerning microeconomics of economic development in low-income
countries. Focuses on behavior of agricultural households, poverty,
inequality, education, health/nutrition, and evaluation of development
programs.
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