Emphasis on case problems, group projects, oral presentations and written assignments. This course is intended for majors in the agribusiness specialization of Food and Resource Economics. This course familiarizes the student with the decision making activities necessary to launch a new agricultural product successfully. The marketing plan development for this course will be done under the guidelines of the National Agri-Marketing Association Marketing Competition. In-depth analysis and evaluation of economic analysis applied to problems of nonrenewable and renewable resource use and environmental systems management.
Examples focus on land and water resources, mineral and energy stocks, fisheries and forestry.
It is recommended that students should have completed an introductory course, preferably with an emphasis on microeconomics and AEB 3450. AEB 4454 Contemporary Issues in Natural Resource and Environmental Economics. This is a capstone course designed for students specializing in natural resource and environmental economics. The course content focuses on in-depth examination of specific natural and environmental resource issues in international, national and state settings. Students will be required an applied research project focusing on a contemporary resource issue of their choice.