Graduate Degrees Courses of Agricultural and Applied Economics at Virginia Polytechnic Institute and State University
Agricultural and Applied Economics Courses For Graduate at Virginia Polytechnic Institute And State University
AAEC 4104 - Retirement Planning
Overview of planning needs, products, and strategies used by financial professionals to help businesses, small business owners, and individuals choose and implement an effective retirement plan. Must have prerequisite or permission of instructor.
Credit Hours: 3
Lecture Hours: 3
Level(s): Undergraduate and Graduate
Instruction Type: Lecture
AAEC 4124 - Client Relationship Management
Investigation of socio-psychological factors and communication/interviewing strategies that foster trust-based relationships essential to the success of financial advisors and other financial service professionals. Graduate students are expected to have completed AAEC 3104 or an equivalent course or may enroll with permission of the instructor.
Credit Hours: 3
Lecture Hours: 3
Level(s): Undergraduate and Graduate
Instruction Type: Lecture
AAEC 4134 - Financial Planning Applications
Integration of financial planning content in the resolution of client situatiions in the context of ethical and compliant workplace practices. Utilizes a case analysis approach applying financial planning processes and procedures. Graduate students are expected to have similar background from equivalent courses or professional experience or may enroll by permission of the instructor.
Credit Hours: 3
Lecture Hours: 3
Level(s): Undergraduate and Graduate
Instruction Type: Lecture
AAEC 4304 - Environment and Sustainable Development Economics
Economics of environment and sustainable development. Topics include economic efficiency, property rights, externalities, benefit-cost analysis, economic evaluation procedures, public and private conflicts in land use, water quality, and international growth/development/environmental issues. I,II
Credit Hours: 3
Lecture Hours: 3
Level(s): Undergraduate and Graduate
Instruction Type: Lecture
AAEC 4314 - Environmental Economic Analysis and Management
Quantitative methods and computer-aided tools used in the economic analysis of environmental/natural resource issues. Economic concepts and analytical tools will be applied to realistic, problem-solving situations. Topics include cost effectiveness analysis, benefit-cost analysis, economic simulations, and statistical analysis. II
Credit Hours: 3
Lecture Hours: 3
Level(s): Undergraduate and Graduate
Instruction Type: Lecture
AAEC 4344 - Sustainable Development Economics
Sustainable development concepts are critically explored particular emphasis on implications for domestic and international sustainable development agriculture and for economic development. Students investigate case studies illustrating problems of sustainable development and potential policy solutions. I
Credit Hours: 3
Lecture Hours: 3
Level(s): Undergraduate and Graduate
Instruction Type: Lecture
AAEC 4404 - Agricultural Management and Problem-solving
Capstone course for students interested in agribusiness management. Application of concepts, tools, and principles including management, finance, marketing, economic theory, and quantitative methods to applied agricultural decisions. Application of knowledge on selected agricultural projects that enhance team-building, written, and oral communication skills. Computer spreadsheet application and senior status. II
Credit Hours: 0 to 4
Lecture Hours: 0 to 3
Level(s): Undergraduate and Graduate
Instruction Type: Lab, Lecture
AAEC 4504 - Agricultural Price and Market Analysis
Estimation of agricultural supply, demand, and price relationships. Determination of market potential for new products. Students identify problem, collect data, estimate statistical relationship(s), interpret results, and write research report. Use of probability distribution in marketing strategy development. I
Credit Hours: 3
Lecture Hours: 3
Level(s): Undergraduate and Graduate
Instruction Type: Lecture
AAEC 4754 - Real Estate Law
The law of real property, legal framework, law of estates in land, conveyancing, landlord-tenant and non-possessory interest in real property. Zoning, easements, restrictive covenants. Mortgages, deeds of trust, and taxation of real estate. Junior standing required. I
Credit Hours: 3
Lecture Hours: 3
Level(s): Undergraduate and Graduate
Instruction Type: Lecture
AAEC 4764 - Real Estate Appraisal
Application of economic principles to the valuation and appraisal of property. Income, cost and comparable approach to value. Rural property, commercial, residential and transitional will be evaluated. Ethical and professional requirements. Variable lab credit available to meet Real Estate licensing requirements. (Course credits may vary from 3 to 5 hours.) Junior standing required. II
Credit Hours: 1 to 5
Lecture Hours: 1 to 5
Level(s): Undergraduate and Graduate
Instruction Type: Lecture
AAEC 4804 (STAT 4804) - Elementary Econometrics
Economic applications of mathematical and statistical techniques: regression, estimators, hypothesis testing, lagged variables, discrete variables, violations of assumptions, simultaneous equations. II
Credit Hours: 3
Lecture Hours: 3
Level(s): Undergraduate and Graduate
Instruction Type: Lecture
AAEC 4984 - Special Study
Credit Hours: 1 to 19
Lecture Hours: 1 to 19
Level(s): Undergraduate and Graduate
Instruction Type: Lecture, Lecture 1, Lecture 2
AAEC 5004 (WOOD 5004) (PPWS 5004) (HORT 5004) (DASC 5004) - Seminar
Formal presentation and discussion of current problems, programs, and research studies in agricultural economics. Presentations and discussions. Repeatable for credit. I,II
Credit Hours: 1
Lecture Hours: 1
Level(s): Graduate
Instruction Type: Lecture
AAEC 5024 - Mathematical Programming for Economist
Employing economic principles to optimally achieve the goals of firms as a “whole.” Linear, non-linear, and integer programming are employed to model firm decision making. I
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 5025 - Applied Microeconomic
Basic economic theory of food and fiber production, food and fiber consumption, agricultural markets, and social welfare as influenced by the agricultural sector. Major emphasis placed on application of theory to current agricultural and resource problems. I,II
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 5026 - Applied Microeconomics
Basic economic theory of food and fiber production, food and fiber consumption, agricultural markets, and social welfare as influenced by the agricultural sector. Major emphasis placed on application of theory to current agricultural and resource problems. I,II
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 5034 - Agribusiness Marketing
Marketing tools needed to identify and solve the complexity of marketing food and agribusiness products. Contemporary trends, marketing strategies, and problems in the food and agribusiness sector. Pre: Understanding of introductory microeconomic theory. Graduate standing required.
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture, Online Course
AAEC 5104 - Research Project Plan
Planning and executing a research project with emphasis on problem identification, formulation of hypothesis, choice of appropriate empirical technique and data sources. II
Credit Hours: 1
Lecture Hours: 1
Level(s): Graduate
Instruction Type: Lecture
AAEC 5125 (ECON 5125) - Empirical Research Methods in Economics
Extensive treatment of new techniques for economic modeling. 5125: Probability and statistical inference, linear regression and related dynamic models, specification, estimation, misspecification, respecification, identification. 5126: Simultaneous equations, dynamic systems, time series, limited dependent variable models. Permission of the Director of the Graduate Studies required. II
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 5126 (ECON 5126) - Empirical Research Methods in Economics
Extensive treatment of new techniques for economic modeling. 5125: Probability and statistical inference, linear regression and related dynamic models, specification, estimation, misspecification, respecification, identification. 5126: Simultaneous equations, dynamic systems, time series, limited dependent variable models. Permission of the Director of Graduate Studies required. I
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 5134 - Agricultural Marketing
Concepts of technical and economic efficiency as they are related to the flow of agricultural products from farm to consumer. Major topics include: market equilibrium over time, space and form; price discovery under different market structures, and price risk management with futures and options. II
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 5144 - Resource and Environmental Economics
Economic theory and methods are applied to analysis of the uses of natural resources, environmental problems and public investment planning. The contribution of economic analysis to public policy formulation is stressed. II
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 5154 - International Agricultural Development and Trade
This course focuses on the role of agriculture in economic development and the effects of alternative trade policies and practices in less developed nations. Topics include agriculture in theories of development, population growth, migration, the economic organization of the peasant-household firm, technological change, institutional change, effects of trade restrictions, exchange rates, trade preferences, regional economic groupings, food aid, trade negotiations, agricultural sector marketing, and project analysis. II
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 5174 - International Agricultural Development and Trade
Agriculture in world economic development, agricultural modernization strategies, and the effects of trade policies and agreements on agriculture. Dimensions of world food, population, income, and natural resource issues; technological and institutional change; trade, capital flows and foreign aid. Understanding of introductory microeconomic and macroeconomic theory required. Graduate standing required.
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture, Online Course
AAEC 5244 - Rural Development
Theory and methods related to economic development of rural America. Considers the roles of agriculture, resources, human capital, and federal, state and local governments in development processes. Outlines the constraints created by resource scarcity, location and government policy. Quantitative methods in resource development, regional development and impact analysis are introduced. II
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 5894 - Final Examination
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 5904 - Project and Report
Credit Hours: 1 to 19
Level(s): Graduate
Instruction Type: Research
AAEC 5945 (ECON 5945) - Econometric Theory and Practice
An intensive coverage of the most important techniques of econometric estimation and hypothesis testing, addressing the use of both cross-section and time series data. A core sequence in the MA program in both locations. Prerequisite to the research-thesis seminar in Northern Vriginia. I,II.
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 5946 (ECON 5946) - Econometric Theory and Practice
An intensive coverage of the most important techniques of econometric estimation and hypothesis testing, addressing the use of both cross-section and time series data, A core sequence in the MA program in both locations. Prerequisite to the research-thesis seminar in Northern Virginia. I,II
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 5954 - Study Abroad
Credit Hours: 1 to 19
Lecture Hours: 1 to 19
Level(s): Graduate
Instruction Type: Lecture
AAEC 5974 - Independent Study
Credit Hours: 1 to 19
Lecture Hours: 1 to 19
Level(s): Graduate
Instruction Type: Independent Study
AAEC 5984 - Special Study
Credit Hours: 1 to 19
Lecture Hours: 1 to 19
Level(s): Graduate
Instruction Type: Lecture, Lecture 1, Lecture 2
AAEC 5994 - Research and Thesis
Credit Hours: 1 to 19
Level(s): Graduate
Instruction Type: Research
AAEC 6004 - Seminar
Formal presentation and discussion of current problems, programs, and research studies in agricultural economics including projects employing advanced theoretical and quantitative techniques. Presentations and discussions. Repeatable for credit, up to 3 (M.S.) or 4 (Ph.D.) times. I,II,III,IV
Credit Hours: 1
Lecture Hours: 1
Level(s): Graduate
Instruction Type: Lecture
AAEC 6304 (ECON 6304) - International Trade and Finance
Core models in international trade and finance; current topics in international economics. Ricardian, Hecksher-Ohlin-Samuelson, Dynamic imperfect competition trade theories; Political economy of trade; Trade policy, Factor mobility, Uncertainty, and Intra-industry trade. Mundell-Fleming, Monetary, Real- and Imperfect competition- Micro-foundations theories of international macroeconomics; exchange rate determination; and capital markets. Extensions to monetary and fiscal policy, economic growth, and external debt analysis.
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 6424 (ECON 6424) - Risk Analysis
Advanced treatment of the analysis and optimization of risky economic decisions using mathematical tools and analytic concepts. Tools include: structuring risky decision problems, measuring uncertainty, risk preferences, optimal choices under uncertainty, value of information, and communication of uncertainty. Alternate years. I
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 6434 (ECON 6434) - Markets and Regulation
Advanced theoretical and empirical issues relating to the economic analysis of markets. Majors topics include assessing economic performance of markets under varying competitive assumptions; quantitative methods of modeling and analyzing markets over multiple dimensions; anti-trust and other market regulations. Odd years. I
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 6444 (ECON 6444) - Regional and Urban Economics
An advanced study of the theory and application of regional and urban economics, with particular focus on the spatial aspects of economic activity. Topics include: nature of regional and urban areas, models of regional economies, location choice of firms and consumers, local public finance, housing, transportation, and labor markets. II
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 6454 (ECON 6454) - Dynamic Analysis
Advanced treatment of the analysis and optimization of dynamic economic systems using mathematical tools and analytic concepts. Topics include: optimal control theory; dynamic programming; economics of resource allocation over time; and stochastic optimization models. Permission of course instructor required. Alternate years. II
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 6464 - Demand and Production Analysis
Issues in microeconomic model development and estimation relating to demand and production systems. Topics include duality, separability, aggregation, flexible functional forms, selecting and estimating appropriate demand/ production models. II
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 6474 (ECON 6474) - Applied General Equilibrium Analysis
Theoretical and empirical issues in developing and implementing numerical general equilibrium models. Development of basic analytical framework and model properties, and study of selected applications in international trade, public finance, and resource and environmental economics. II
Credit Hours: 3
Lecture Hours: 3
Level(s): Graduate
Instruction Type: Lecture
AAEC 7994 - Research and Dissertation
Credit Hours: 1 to 19
Level(s): Graduate
Instruction Type: Research
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