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Agricultural Business Concentration (25)

Required courses for concentration

AGBS 350 Agricultural Management
AGBS 351 Agricultural Marketing
AGBS 370 Agribusiness Accounting
AGBS 371 Economics of Agricultural & Natural Resources And,
One (1) of the following:
AGBS 372 Agricultural Trade Policy or
AGBS 373 Agricultural Finance
* AGBS 371 Principals of AG Law is require as part of the lower division core. (Replaces BA 270)
 

 Course Descriptions

AGBS 350 Agricultural Management

Core management concepts and theories applied to agribusiness. Topics include individual dynamics (motivation, values); planning (demand, forecasts, budgets); organizing (strategy, structure, change); leadership (power, influence, negotiation, human resources); and control (product/inventory, financial management). Cross listed with MGMT 350.

AGBS 351 Agricultural Marketing

Core marketing concepts applied to agriculture and the food system. Considers the conceptual foundations of effective marketing and industry practices by growers, processors and packagers, and intermediaries such as wholesalers, distributors, brokers, agents, and retailers. Imparts a forward-looking global perspective by incorporating research findings, technology trends, and international marketing strategies. Incorporates business cases, simulated decision scenarios, guest speakers, and field projects involving local enterprises. Ethical issues are considered and marketing strategies analyzed in the context of customer objectives and stakeholder concerns. Cross listed with MKTG 351.

AGBS 370 Agribusiness Accounting

 This course addresses accounting issues unique to agribusiness. Topics to be covered include: review of basic accounting concepts from the perspective of agribusiness, income taxes, management reports and data sources in agricultural, budgeting, financing, and ratio analysis. Students will learn the differences between cash accounting, accural accounting, and crop/field accounting. They will also learn what method is most useful for different objectives such as field/crop management, overall farm management, overall farm reporting, tax reporting, reports for lenders, and reports for owners/shareholders. Cross listed with AGBS 370. Prerequisite: ACCT 221.

AGBS 371 Economics of Agriculture & Natural Resources

Economic policy analysis of agriculture and natural resources with emphasis on California agriculture. Topics include the structure and organization of U.S.¿s agriculture and food system, specifically the operation, financing, linkages, and functions of its components; the economic aspects of a wide range of environmental issues including air and water pollution, optimal forest and fisheries management; recycling; cost-benefit policy analysis case studies; and international issues. Cross listed with ECON 371. Prerequisite: ECON 201.

and, one (1) of the following:

AGBS 372 Agricultural Trade Policy

An introduction to practical considerations of agricultural trade and trade policy analysis. Emphasis is placed on concepts of agricultural trade, analysis of trade policies of major trading partners and the export/import marketing of agricultural products. Also the interdependencies between the world’s food, populations and equitability/poverty problems and possible solutions are explored. Cross listed with ECON 372. Prerequisite: ECON 201.

  or

AGBS 373 Agricultural Finance

The objective of this course is to provide students with the tools necessary to evaluate and manage risk in the agricultural industry. This course provides an introduction to the economic theory, organization, and operating principles of agricultural commodity futures markets in the U.S. Emphasis is placed on speculating, hedging, and investing in agricultural commodity futures contracts from the standpoint of the agribusiness entrepreneur. Capital theory is also visited. Cross listed as ECON 373. Prerequisites: ECON 201, MATH 140, ECON 220 or equivalent; or permission of instructor.


* AGBS 371 Principles of AG Law is required as a part of the lower division core. (Replaces BA 270)



Contact Information

S. Aaron Hegde

Director, Environmental Resource Program
Associate Professor of Economics
Ph.D., North Carolina State University
Phone: (661) 654-2495
Fax: (661) 654-2438
Email: ahegde@csub.edu

Angela Mora

Administrative Support Coordinator
Phone: (661) 654-2181
Fax: (661) 654-2438
Email: amora2@csub.edu