Agricultural

Course Structure

1. AEREC 502Economics of Natural Resources and Rural Development (3) Emphasis will be placed on the application of economic concepts to problems and policies in rural areas. Effective: Spring 2011 Prerequisite: ECON 502, ECON 503
2. AEREC 503Agricultural Marketing (3) Economic analysis of food marketing firms and institutions; identification and measurement of dimensions of market performance; public policy. Effective: Spring 2011 Prerequisite: ECON 502
3. AEREC 510Econometrics I (3) General linear model, multicolinearity, specification error, autocorrelation, heteroskedasticity, restricted least squares, functional form, dummy variables, limited dependent variables. Effective: Spring 2011 Prerequisite: ECON 490 orSTAT 462 orSTAT 501
4. AEREC 511Econometrics II (3) Stochastic regressors, distributed lag models, pooling cross-section and time- series data, simultaneous equation models. Effective: Summer 2013
5. AEREC 519Resource and Environmental Economics I (3) Theories and methods for economic analysis of natural resource and environmental policies with applications to current issues. Effective: Spring 2011 Prerequisite: ECON 502
6. AEREC 527Quantitative Methods I (3) Quantitative techniques applied to agricultural economic issues. Effective: Spring 2011 Prerequisite: ECON 502
7. AEREC 533 (CEDEV 533) Rural Development Research Methods and Topics (3) Advanced theories and methods for rural economic development research. Effective: Spring 2011 Prerequisite: ECON 521
8. AEREC 534Agricultural Production Economics II (3) Current problems and methods of analysis in production economics research. Effective: Spring 2011 Prerequisite: ECON 521
9. AEREC 536Agricultural Commodity Markets (3) Specification, identification, and estimation of models for use in the evaluation and control of agricultural market behavior. Effective: Spring 2011 Prerequisite: AEREC 510 orAEREC 511 orECON 521
10. AEREC 541Resource and Environmental Economics II (3) Key theories and analytical methods of resource and environmental economics. Effective: Spring 2011 Prerequisite: AEREC 511, AEREC 519, ECON 521
11. AEREC 550International Economic Development and Agriculture (3) The economic development process with particular emphasis on agriculture. Effective: Spring 2011 Prerequisite: ECON 502
12. AEREC 590Colloquium (1-3) Continuing seminars which consist of a series of individual lectures by faculty, students, or outside speakers. Effective: Spring 2011
13. AEREC 594Research Topics (1-15) Supervised student activities on research projects identified on an individual or small-group basis. Effective: Spring 2011
14. AEREC 595Internship (1-18) Supervised off-campus, nongroup instruction, including field experiences, practicums, or internships. Written and oral critique of activity required. Effective: Summer 2013
15. AEREC 596Individual Studies (1-9) Creative projects, including nonthesis research, which are supervised on an individual basis and fall outside the scope of formal courses. Effective: Summer 2013
16. AEREC 597Special Topics (1-9) Formal courses given infrequently to explore, in depth, a comparatively narrow subject which may be topical or of specific interest. Effective: Spring 2011
17. AEREC 597AApplied Microeconometrics I (3) In this course, we will study microeconometrics, a subfield that encompasses specification as well as a variety of estimation, computational, and simulation methods that allow us to pursue specification and parameterization of econometric models suitable for analyzing micro-level data. Effective: Fall 2015 Ending: Fall 2015
18. AEREC 597CWorkshop in Applications of Microeconometrics (1) Discussion and critiques of contemporary literature. Effective: Fall 2015 Ending: Fall 2015
19. AEREC 597EApplied Microeconomic Theory I (3) This course covers basic principles of microeconomic theory with the use of calculus. The emphasis is on applied theory and problem solving, rather than formal proofs and derivations. By developing knowledge of microeconomic theory and economic reasoning skills, the goal of the course is to provide a foundation for more advanced courses and for applied research at the graduate level. Effective: Fall 2015 Ending: Fall 2015
20. AEREC 597FEconomics of Natural Resources (3) Theory and methods for economic analysis of exhaustible and renewable natural resource use, policy and project analysis, and the role of resources in economic growth and development. Applications of theory and methods are developed with an emphasis on areas of contemporary policy interest. Effective: Fall 2015 Ending: Fall 2015
21. AEREC 597GWorkshop in Food Purchase Scanner Data: Economic Applications in Food, Marketing, Environment, and Health (1) This workshop will introduce students to food purchase scanner data, including the Nielsen Homescan data licensed by the PSU libraries. Students will examine, understand, and critique how scanner data is used in a broad array of economic applications such as food, marketing, environmental, and health topics. Finally, students will use appropriate empirical methods to develop and conduct an original reseach project. Effective: Fall 2015 Ending: Fall 2015
22. AEREC 598Special Topics (3) Formal courses given on a topical or special interest subject which may be offered infrequently; several different topics may be taught in one year or semester. Effective: Spring 2011
23. AEREC 599 (IL) Foreign Studies (1-2 per semester/maximum of 4) Courses offered in foreign countries by individual or group instruction. Effective: Spring 2011
24. AEREC 600Thesis Research (1-15) No description. Effective: Summer 2013
25. AEREC 601Thesis Preparation No description. Effective: Summer 2013
26. AEREC 602Supervised Experience in College Teaching (1-3 per semester/maximum of 6) No description. Effective: Summer 2013
27. AEREC 610Thesis Research Off Campus (1-15) No description. Effective: Spring 2011
28. AEREC 611Ph.D. Dissertation Part-Time No description. Effective: Spring 2011