Agricultural Business

AGBS 1. Introductory Agricultural Economics

Prerequisite: G.E. Foundation A2. Microeconomic principles of resource allocation, production, cost, and market price equilibrium with primary application to farms and agribusinesses. Supply and demand in commodity pricing under perfect and imperfect competition. Optimizing single variable input production function; total/marginal approaches to profit maximizing output. G.E.Breadth D3.

Units: 3
Course Typically Offered: Fall, Spring
GE Area: D3

AGBS 2. Agricultural Sector Analysis

Domestic and international forces affecting industry profitability of farm input suppliers, agricultural producers, commodity processors, food marketers; government fiscal, monetary, trade policies interaction with agricultural credit, price support, food subsidy programs; inpact on agribusiness asset values, debt accumulation, income levels.

Units: 3
Course Typically Offered: Fall, Spring

AGBS 5. Survey of Agricultural Economics and Agribusiness

Orientation to agricultural sector, institutions, and historic farm problems. Basic economic concepts and business principles applied to management, marketing, finance, and trade. Consumer demand and producer supply functions. Competitive market price determination. Overview of resource, environmental, consumer, and farming issues and government policies.

Units: 3
Course Typically Offered: Fall

AGBS 28. Introductory Agricultural Law

Fundamentals of agricultural law including historical sources; legislative laws and business ethics; administrative regulations, judicial decisions affecting agriculture; express and implied contracts with remedies for their breach in agricultural situations; real and personal property law plus secured transactions in agriculture.

Units: 3
Course Typically Offered: Fall, Spring

AGBS 31. Farm Accounting

Basic concepts and principles of financial accounting systems applied to farm operations; mechanics of recording single and double entry transactions under cash and accrual accounting methods; preparation and analysis of enterprise records and financial statements to generate management information.

Units: 3
Course Typically Offered: Fall, Spring

AGBS 32. Agribusiness Managerial Accounting

Prerequisite: AGBS 31 or ACCT 4A. Application and analysis of accounting information for farm and agribusiness management; integration of economic, and financial principles in preparing business plans; equipment cost control and crop enterprise accounting methods; capital investment and profit performance; introduction to computerized farm accounting systems. ( 2 lecture, 1 arranged)

Units: 3
Course Typically Offered: Fall, Spring

AGBS 71. Agricultural Business Statistics

Prerequisite: ELM requirement met. Study of statistical techniques and formal reasoning applications to management and social and agricultural sciences. Calculation, interpretation, critical evaluation, and historical relevance of quantitative tools, data analysis, and results including graphical presentations, descriptive and inferential statistics, hyphotheses formulation and testing, and regression.

Units: 3
Course Typically Offered: Fall, Spring

AGBS 76. Agribusiness Microcomputer Applications

Applied microcomputing for agribusiness management; use of spreadsheet, database management , and presentation software; applications to basic farm accounting and financial budgeting, farm production recordkeeping, and commodity price trend tracking.

Units: 3
Course Typically Offered: Fall, Spring

AGBS 78. Agribusiness Quantitative Analysis

Prerequisite: ELM requirement met. Functional relationships, marginal analysis and decision-making models in agribusiness; logic and probability in diagnosing problems, designing operations and achieving objectives; identification of procedures for efficient resource utilization.

Units: 3

AGBS 80. Undergraduate Research

Prerequisites: AGBS 1 and permission of instructor. Directed study or research on particular problems in the field of agricultural economics and business. Consult department policies and procedures governing undergraduate research. Approved for SP grading.

Units: 1-4
Course Typically Offered: Fall, Spring

AGBS 85T. Topics in Agricultural Business

Agricultural economics, farm management, agribusiness management, financial planning, agricultural development, public policy, product marketing, and decision analysis. Topics may require lab hours.

Units: 1-3, Repeatable up to 6 units

AGBS 100. Intermediate Agricultural Economics

Prerequisites: AGBS 1; AGBS 78 or DS 71 or MATH 75. Microeconomic theory of agricultural production in factor-product, factor-factor, product-product decisions; production costs and economies of size; consumer choice theory; price and output determination under imperfectly competetive markets; marginal productivity theory and the derived demand for agribusiness inputs.

Units: 3
Course Typically Offered: Fall, Spring

AGBS 109. Management of Agri-food Supply Chains

Prerequisites: AGBS 71 and AGBS 100; Functional and Institutional approach to agri-food supply chain management, understanding animal protein, commodity crop and produce supply chains, sustainable institutional relationships, logistics and transportation, technology management, supply chain coordination through contracts and negotiations, food safety risk and communication.

Units: 3

AGBS 110. Farm Management

Prerequisites: AGBS 31, AGBS 76, and AGBS 100. Production economics and management techniques for analysis of efficient farm resource use, planning and organization; analysis of budgeting and optimization techniques, and computer applications for developing farm management plans.

Units: 3
Course Typically Offered: Fall, Spring

AGBS 116. Farm and Ranch Appraisal

Prerequisites: AGBS 1. AGBS 110 or AGBS 110N recommended. Principles of agricultural appraisal; physical and economic factors affecting land values; estimation of real estate value using income, cost, and market data approaches; case studies and field problems involving the valuation of local farm and ranch properties.

Units: 3

AGBS 117. Agricultural Labor-Management Relations

Prerequisite: AGBS 1. Economic analysis of the farm labor market; labor productivity, agricultural mechanization and farm employment; farm labor laws and government regulations; agricultural labor relations, unionization, and collective bargaining; farm personnel administration practices and supervisory management principles.

Units: 3

AGBS 120. Agribusiness Management

Prerequisite: AGBS 1. Organizational forms and management functions of agribusiness firms; human resource management systems; management science principles for optimizing plant location, equipment replacement, inventory control, and sales volume; operations research techniques, including probability-based network and decision models, for solving agribusiness problems.

Units: 3
Course Typically Offered: Fall, Spring

AGBS 122. Agricultural Cooperative Management

Prerequisite: AGBS 120. Philosophical, historical, and legislative evolution of U.S. agricultural cooperatives; uniqueness of cooperative organization, planning, direction and control functions vis-a-vis standard corporations; legal, financial, and tax considerations in managing input-supply and marketing cooperatives; case studies and field trips to cooperatives.

Units: 3

AGBS 124. Food and Fiber Industry Management

Prerequisite: AGBS 1. Production management of farm input manufactures, agricultural commodity processing, food/fiber product distribution; functional approach to transformation/value-added operations including planning, organizing, directing, coordinating, controlling; case applications to materials handling, product development, food packaging, quality control, transportation logistics, inventory management.

Units: 3

AGBS 125. Agricultural Labor-Management Relations

Prerequisite: AGBS 1. Economic analysis of the farm labor market; labor productivity, agricultural mechanization and farm employment; farm labor laws and government regulations; agricultural labor relations, unionization, and collective bargaining; farm personnel administration practices and supervisory management principles.

Units: 3

AGBS 130. Agricultural Finance

Prerequisites: AGBS 2, AGBS 31, AGBS 76; AGBS 100 or instructor's permission. AGEC 32 recommended. Analysis of farm financial statements; legal instruments of financial transactions; institutional sources of farm credit; time value of money and capital budgeting for agricultural investment; cost of debt and equity capital; risk management strategies; insurance, tax, and farm estate planning.

Units: 3
Course Typically Offered: Fall, Spring

AGBS 131. Agricultural Capital Markets

Prerequisites: AGBS 2, AGBS 130. Public and private financial intermediaries as sources of agricultural capital; the Cooperative Farm Credit System; credit management policies and practices; government policy, the regulatory environment, and competitive financial markets; legal requirements and financial instruments; external equity capital; and lease financing. (Formerly AGEC 185T)

Units: 3
Course Typically Offered: Spring

AGBS 136. Farm and Ranch Appraisal

Prerequisites: AGBS 1. AGBS 110 or AGBS 110N recommended. Principles of agricultural appraisal; physical and economic factors affecting land values; estimation of real estate value using income, cost, and market data approaches; case studies and field problems involving the valuation of local farm and ranch properties.

Units: 3
Course Typically Offered: Fall

AGBS 140. International Agricultural Economics

Prerequisites: AGBS 1, AGBS 2, or ECON 50. U.S. agricultural sector in the global economoy; trade theory versus government protectionism; domestic farm programs impacts on commodity exports/imports; international agreements, multi-lateral institutions, foreign currency exchange rates, overseas investment; regulatory, fiscal, monetary policies affecting agribusiness competitiveness in world markets.

Units: 3
Course Typically Offered: Fall, Spring

AGBS 150. Agricultural and Food Policy

Prerequisite: AGBS 1; AGBS 2 or ECON 50. Analysis of public policies affecting the economics of U.S. and California agriculture; government programs influencing agricultural production, commodity distribution, market prices, farm income; environmental and natural resource issues; nutrition, food safety and biotechnology concerns; food industry regulation; international agricultural trade.

Units: 3
Course Typically Offered: Fall, Spring

AGBS 155. Environmental and Natural Resource Policy

Economic Analysis of public policies governing land use, water management, energy generation, mineral exploitation and forest administration; review of population pressures and resource conservation; examination of externalities, property rights issues, resource use planning, agricultural zoning, environmental regulations, and reclamation law. GE Integration I.D.

Units: 3
Course Typically Offered: Fall, Spring
GE Area: ID

AGBS 160. Agricultural Marketing Analysis

Prerequisite: AGBS 100 or permission of instructor. Commodity transformation and product flow through processing and distribution channels; market structure, conduct and performance; marketing system efficiency and marketing bill components; over supply, marketing orders, grading and standards, and price stabilization; price forecasting, futures market trading, and risk management.

Units: 3
Course Typically Offered: Fall, Spring

AGBS 162. Commodity Futures Trading

Prerequisite: AGBS 160 or permission of instructor. Study of commodity futures and options markets; speculative trading and techniques of fundamental and technical analyses; crop and livestock hedging strategies for commodity procurement and marketing; integrating options and futures trading for risk management; and development of futures trading plans.

Units: 3

AGBS 163. Agricultural Export Marketing

Prerequisite: AGBS 160 or permission of instructor. Determination of potential overseas markets for U.S. agricultural products through export marketing studies; foreign business environment and distribution channels; product preparation and transportation abroad; cultural-specific promotional and advertising programs; international sales agreements, financial transactions, plus banking and shipping documentation.

Units: 3
Course Typically Offered: Spring

AGBS 164. Agribusiness Sales Management

Prerequisite: AGBS 1. Marketing management strategies for stimulating business and consumer demand for agricultural goods and services; food and fiber merchandising using institutional, functional, value approaches; sales program organization and staff development for effective communication of product information and timely completion transactions.

Units: 3
Course Typically Offered: Spring

AGBS 170S. Advanced Agribusiness Applications

Prerequisites: AGBS 110, AGBS 120, AGBS 130, AGBS 150, AGBS 160; upper-division writing skills requirement. Research methods applied to agricultural business in the areas of strategic management. Data collection and analysis using statistics and other techniques will be expected. Culminating activities may include commodity research analysis with price forecasting, development of a business plan, or case studies. A service learning project is expected of all students. (Formerly AGBS 170)

Units: 3
Course Typically Offered: Fall, Spring

AGBS 173. Wine Marketing

Introduction to basic marketing concepts such as pricing, promotion, packaging and place applied to the wine business. Sources of information and methods to conduct market research in the wine industry. Consumer trends, buyer behavior and the structure and legal environment will be discussed.

Units: 3

AGBS 180. Undergraduate Research

Prerequisites: senior standing and permission of instructor. Directed study or research on particular problems in the field of agricultural economics and business. Consult department policies and procedures governing undergraduate research. Approved for RP grading.

Units: 1-4
Course Typically Offered: Fall, Spring

AGBS 185T. Agricultural Leadership

Issues affecting the successful pursuit of agriculture as a livelihood and lifestyle will be explored. The role of government, industry and consumers in the development of policy and regulations will be discussed. Students are expected to develop skills for defining and defending positions on the issues. Field trip is required.

Units: 3, Repeatable up to 9 units

AGBS 185T. Topics in Agricultural Business

Prerequisite: AGBS 1. Agricultural economics, farm management, agribusiness management, financial planning, agricultural development, public policy, product marketing, and decision analysis. Topics may require lab hours.

Units: 1-3, Repeatable up to 9 units

AGBS 192. Agricultural Business Field Studies

Prerequisite: AGBS 1. Business and economic functions performed by specialized agricultural agencies with emphasis on physical operating patterns. Field trips to production, marketing, and finance firms. Workshops with agribusiness managers. (1 lecture, 2 lab hours) (Field trip fees, $75)

Units: 2

AGBS 194. Agribusiness Internship

Prerequisites: junior standing. Emphasis on development of decision-making ability through industrial experience integrated with basic principles acquired in the classroom. Only 3 units of internship allowable in the major. CR/NC grading only.

Units: 1-3, Repeatable up to 6 units
Course Typically Offered: Fall, Spring

AGBS 280T. Topics in Agricultural Business

Prerequisite: AGBS 210. Classified standing or permission of instructor. Fields of study include: farm management, agribusiness management, financial planning, international agriculture, public policy, and product marketing.

Units: 3, Repeatable up to 6 units

AGBS 290. Independent Study

See Academic Placement -- Approved for SP grading.

Units: 1-3, Repeatable up to 6 units