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for California State University, Fresno.
Department of Agricultural Business
COURSES
- Agricultural Business (AGBS) --- Undergraduate Courses
- Agricultural Business (AGBS) --- Graduate Courses
- Agriculture (AGRI) --- In-Service Courses
Note: Active immunization against tetanus (available through Student
Health Services) is a prerequisite for registration in any laboratory course
in agriculture and for any student employment on the University Farm.
Note: Cost to the student of extended field trips will vary each
semester depending upon itinerary. The student should ask the course instructor.
Agricultural Business (AGBS)
AGBS 1. Introductory Agricultural Economics (3)
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. (Formerly AGEC 1)
AGBS 2. Agricultural Sector Analysis (3)
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; impact on agribusiness asset
values, debt accumulation, income levels. (Formerly AGEC 2)
AGBS 5. Survey of Agricultural Economics and Agribusiness (3)
Not open to students with credit in any upper-division AGBS course. 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. (Formerly AGEC 5)
AGBS 28. Introductory Agricultural Law (3)
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. (Formerly AGEC 28)
AGBS 31. Farm Accounting (3)
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. (Formerly
AGEC 31)
AGBS 32. Agribusiness Managerial Accounting (3)
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)
(Formerly AGEC 32)
AGBS 71. Agricultural Business Statistics (3)
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, hypothesis formulation and testing,
and regression. (Formerly AGEC 71)
AGBS 76. Agribusiness Microcomputer Applications (3)
Applied microcomputing for agribusiness management; use of spreadsheet,
database management, and presentation software; applications to basic farm
accounting and financial budgeting, farm production recordkeeping, crop
and livestock enterprise management, and commodity price trend tracking.
(Formerly AGEC 76)
AGBS 78. Agribusiness Quantitative Analysis (3)
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. (Formerly AGEC 78)
AGBS 80. Undergraduate Research (1-4; max total 4)
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 RP grading. (Formerly AGEC 80)
AGBS 85T. Topics in Agricultural Business (1-3; max total 6)
Agricultural economics, farm management, agribusiness management, financial
planning, agricultural development, public policy, product marketing, and
decision analysis. Topics may require lab hours. (Formerly AGEC 85T)
AGBS 100. Intermediate Agricultural Economics (3)
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 competitive markets; marginal
productivity theory and the derived demand for agribusiness inputs. (Formerly
AGEC 100)
AGBS 110. Farm Management (3)
Prerequisites: AGBS 31, 76, and 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. (Formerly AGEC 110)
AGBS 117. Agricultural Labor-Management Relations (3)
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. (Formerly AGEC 117)
AGBS 120. Agribusiness Management (3)
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. (Formerly
AGEC 120)
AGBS 122. Agricultural Cooperative Management (3)
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. (Formerly AGEC
122)
AGBS 124. Food and Fiber Industry Management (3)
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. (Formerly AGEC 124)
AGBS 130. Agricultural Finance (3)
Prerequisites: AGBS 2, 31, 76; 100 or instructor's permission. AGBS 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. (Formerly AGEC 130)
AGBS 131. Agricultural Capital Markets (3)
Prerequisites: AGBS 2, 31, 76, 100 or instructor's permission. AGBS 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. (Formerly AGEC 131)
AGBS 136. Farm and Ranch Appraisal (3)
Prerequisites: AGBS 1. AGBS 110 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. (Formerly AGEC 136)
AGBS 140. International Agricultural Economics (3)
Prerequisites: AGBS 1; AGBS 2 or ECON 50. U.S. agricultural sector in the
global economy; 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, and monetary policies affecting agribusiness competitiveness
in world markets. (Formerly AGEC 140)
AGBS 150. Agricultural and Food Policy (3)
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. (Formerly
AGEC 150)
AGBS 155. Environmental and Natural Resource Economics (3)
Prerequisites: G.E. Foundation and Breadth Area D. 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. G.E. Integration ID. (Formerly AGEC 155)
AGBS 160. Agricultural Marketing Analysis (3)
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.
(Formerly AGEC 160)
AGBS 162. Commodity Futures Trading (3)
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. (Formerly AGEC 162)
AGBS 163. Agricultural Export Marketing (3)
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. (Formerly AGEC 163)
AGBS 164. Agribusiness Sales Management (3)
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 of transactions. (Formerly AGEC 164)
AGBS 170. Advanced Agribusiness Applications (3)
Prerequisites: AGBS 110, 120, 130, 150, 160; upper-division writing skills
requirement. Research methods applied to agricultural business; problem
definition and solution formulation; data collection and analysis using
statistics and other techniques. Culminating activities may include research
proposal, feasibility study, project review, business plan, strategic management,
case study; written reports and oral presentations. (Formerly AGEC 170)
AGBS 173. Wine Marketing (3)
Prerequisites: ENOL 45; AGBS 1. Marketing principles as applied to wine.
Role of wholesalers, distributors, retailers, cooperatives. Advertising.
Regulations. Interstate and international trade. P
(Formerly AGEC 173)
AGBS 180. Undergraduate Research (1-4; max total 4)
Prerequisites: senior standing, upper-division writing skills requirement,
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. (Formerly AGEC 180)
AGBS 185T. Topics in Agricultural Business (1-3; max total 9)
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.
May require field trips. (Formerly AGEC 185T)
AGBS 192. Agricultural Business Field Studies (2)
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 fee, $75) (Formerly AGEC
192)
AGBS 194. Agribusiness Internship (1-3; max total 6)
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. (Formerly AGEC 194)
(See Catalog Numbering System
and Eligibility.)
Agricultural Business (AGBS)
AGBS 210. Agribusiness Industry Analysis (3)
Prerequisite: classified standing or permission of instructor. Analysis
of characteristics unique to agricultural institutions; practices in financing,
producing, and marketing food and fiber products; integration of economic
principles with management techniques for optimum decision-making under
risk and uncertainty; crop/livestock enterprise budgeting; policy environment
impact on agriculture.
AGBS 220. Food Processing and Distribution Management (3)
Prerequisite: AGBS 210. Classified standing or permission of instructor.
Analysis of strategic management decisions involving pricing relationships,
processing and packaging systems, supply channel management, transportation
modes and distribution logistics for agricultural products in domestic and
global markets; applications to food industry case problems including international
food marketing firms. (Formerly AGBS 225)
AGBS 240. International Trade and Agriculture (3)
Analysis of global markets and national trade policies; economic principles
underlying free trade and World Trade Organization; regional integration
for growth/development; protectionism/preferences impact on capital investment
flows, firm productivity, and industry competitiveness; domestic farm programs,
international commodity agreements, and agricultural trade distortions.
AGBS 250. Agricultural Policy Analysis (3)
Classified standing or permission of instructor. Examination of policy-making
processes; evaluation of government farm and food programs; determination
of industry responses and firm adjustments to changing market structures
and government policies; urbanization and other land, air, water resource
issues impacting agriculture; geopolitics and agricultural trade policy.
AGBS 260. Commodity and Food Market Analysis (3)
Prerequisite: AGBS 210. Classified standing or permission of instructor.
Economic and institutional relationships in food and fiber markets; commodity
futures trading and risk management; derived demand by agribusiness for
raw commodities; food industry marketing margins and market price determination;
distribution and merchandising strategies; spatial and intertemporal price
equilibrium models.
AGBS 280T. Topics in Agricultural Business (3; max total 6)
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.
AGBS 290. Independent Study (1-3; max total 6)
See Academic Placement -- Independent
Study. Approved for RP grading.
IN-SERVICE COURSE
(See Catalog Numbering System.)
Agriculture (AGRI)
AGRI 300. Topics In Agriculture (1-3; max total 6)
Topics may require lab hours. In-service professional training in selected
areas of agriculture.
Agricultural Business Degrees