University of Kentucky College of Agriculture
 
 
Graduate Classes
AEC510 - International Trade and Agricultural Marketing ; Credits: 3
A study of institutional, economic and cultural factors that influence aggregate agricultural trade and exports of individual agribusinesses. Macro issues of agricultural trade policies are examined along with elements of international marketing for agricultural products. Prereq: AEC 305. (Fall)

Instructor: Michael Reed

AEC532 - Agricultural and Food Policy; Credits: 3
This course surveys a variety of current public policies that influence the agricultural and rural economies. Students are exposed to the conflicting views of those concerned with food and agricultural policy issues in an international economy. Economic principles are used to evaluate alternatives in terms of the general welfare of society. Prereq: AEC 305. (Spring)

Instructor: Jerry Skees

AEC545 - Resource and Environmental Economics; Credits: 3
This course builds on the principles of economics to analyze the problems of assuring resource availability and environmental quality.  It provides the theoretical concepts and empirical tools for evaluating resource and environmental policy with emphasis on sustainability. Prereq: ECO 201. (Fall)

Instructor: Gregory Halich

AEC580 - Special Problems in Agricultural Economics; Credits: 3
Directed independent study of a selected problem. May be repeated to a maximum of six credits. Prereq: Consent of instructor and chairperson of department. (Spring, Summer, Fall)
AEC590 - Introduction to Quantitative Economics ; Credits: 3
An introduction to mathematical approaches to economic theory.  Emphasis on linear models, constrained optimization, and techniques used in comparative statics.  Same as ECO 590.  Prereq: ECO 401 and MA 113 (Fall)

Instructors: Wuyang Hu and Helen Pushkarskaya

AEC606 - ADVANCED AGRICULTURAL MARKETING; Credits: 3
A critical examination of objectives and results of various types of research in market organization, marketing functions, price analysis, markets over time, space and form, market information, commodity promotion programs, quality standards, and macroeconomic linkages to marketing. Prereq: AEC 624 and ECO 601 (may be concurrent).

Instructor: Leigh Maynard

AEC610 - INTERNATIONAL TRADE IN AGRICULTURAL PRODUCTS; Credits: 3
This course analytically examines current empirical research in the area of agricultural trade. Prereq: ECO 601, AEC 624 and ECO 671.

Instructor: Michael Reed

AEC620 - ADVANCED PRODUCTION ECONOMICS I; Credits: 3
An advanced treatment of production economics with emphasis on flexible product and factor price situations, factor demand functions, multiple product production, and poly-periodic production theory. Prereq: ECO 601.  (Fall)

Instructor: David Debertin

AEC622 - ADVANCED AGRIBUSINESS MANAGEMENT STRATEGIES; Credits: 3 
This course integrates knowledge of economics, econometrics, business administration, finance, accounting, marketing, decision making, and research methodology.  The focus is on analytical skills and scholarly academic research. Prereq: AEC 422, ECO 601 or AEC 603, an introductory course in econometrics, or consent of instructor. (Spring) 

Instructor: Sayed Saghaian 

AEC624 - ADVANCED QUANTITATIVE METHODS IN AGRICULTURAL ECONOMICS; Credits: 3
This course uses statistical tools to model agricultural and economic systems. Subjects covered include: (1) the classical linear regression model, (2) statistical hypotheses tests, and (3) estimation techniques for single and simultaneous equation models. Prereq: ECO 391 and STA 291.  (Spring)

Instructor: Wuyang Hu

AEC626 - AGRICULTURE AND ECONOMIC DEVELOPMENT; Credits: 3
Analytical consideration of the role of agriculture in economic development in relation to overall development strategy at various stages of growth. Theoretical and policy issues of particular relevance to the agricultural development in underdeveloped agrarian economies with various resource, social, political and economic systems. Same as ECO 674.  Prereq: ECO 473G or consent of instructor. (Spring)

Instructors: Jerry Skees

AEC640 - ADVANCED AGRICULTURAL POLICY; Credits: 3
This course focuses on development of a framework to analyze alternate paradigms of the political economy. The framework focuses on the role of institutions that modify behavior of decision makers. Agricultural and food policies are evaluated in terms of the efficient use of resources and the general welfare of society. Prereq: ECO 601 or AEC 503.  (Spring)

Instructors: David Freshwater

AEC645 - NATURAL RESOURCE ECONOMICS; Credits: 3
Economic analysis of natural resource use and environmental issues. Discussion of criteria for public decision making, welfare economics, market failure, benefit-cost analysis, and benefit estimation, as applied to natural resources and the environment. Prereq: ECO 590 and ECO 601.  (Fall)

Instructors: Angelos Pagoulatos

AEC653 - LOCAL ECONOMIC DEVELOPMENT; Credits: 3
The course develops the capacity to employ the theories, practices and philosophies of economic development as applied to local areas. The primary geographic focus of the course is the rural south-east of the United States, but examples will be drawn from rural areas in other developed countries. Prereq: Graduate status in agricultural economics, public administration, economics, or consent of instructor. (Same as PA 653.) Class Web Site

Instructors: Alison Davis

AEC661 - PROGRAMMING MODELS IN AGRICULTURAL ECONOMICS; Credits: 3
A study of some programming models useful in agricultural economics; includes an examination of the structure of the models themselves, economic interpretation of their components and their use in research in agricultural economics. Prereq: MA 416G and either AEC 620 or ECO 601  (Fall)

Instructors: Carl Dillon

AEC662 - QUANTITATIVE METHODS IN RENEWABLE AND NONRENEWABLE RESOURCE MANAGEMENT; Credits: 3
Application of dynamic optimization methods to renewable and nonrenewable resource management. Includes problem formulation, mathematical problem solving, Matlab programming, simulations and optimal policies analysis. Case examples are used to demonstrate applicability and problem formulation in finance and general and partial equilibrium. Same as FOR 662.  Prereq: MA 113 and MA 162 or equivalent, and AEC 661 or equivalent. (Spring)

Instructor: Helen Pushkarskaya

AEC691 - STRUCTURE OF U.S. AGRICULTURE; Credits: 3
This seminar will analyze the structural transformation of U.S. agriculture in the 19th and 20th centuries in the context of sociological theory. Emphasis is given to key historical transitions, changing social relations of production and state policy. Such emphases provide a framework for understanding the historical roots and future prospects for the socioeconomic problems confronting contemporary U.S. agriculture. Same as SOC 691.  Prereq: Graduate standing in sociology/agricultural economics or consent of instructor.
 
AEC724 - APPLIED ECONOMETRICS; Credits: 3
This course introduces students to the econometric models, estimation procedures, and model applications in the literature. The course includes an overview of different econometric models, model estimations using Stata and SAS, discussion of agricultural and applied economics papers applying these models, and writing mini projects and a term paper with econometric applications. Topics include discrete and limited dependent variable models, panel data models, time-series models, instrumental variables, survival analysis, spatial econometrics and other special topics. Prereq: ECO 703 or consent of instructor. (Spring/Fall)

Instructor: TBD

AEC748 - MASTER'S THESIS RESEARCH; Credits: 0
Half-time to full-time work on thesis. May be repeated to a maximum of six semesters. Prereq: All course work toward the degree must be completed.
AEC749 - DISSERTATION RESEARCH.; Credits: 0
Half-time to full-time work on dissertation. May be repeated to a maximum of six semesters. Prereq: Registration for two full-time semesters of 769 residence credit following the successful completion of the qualifying exams.
AEC767 - DISSERTATION RESIDENCY CREDIT; Credits: 2
Residency credit for dissertation research after the qualifying examination. Students may register for this course in the semester of the qualifying examination. A minimum of two semesters are required as well as continuous enrollment (Fall and Spring) until the dissertation is completed and defended
AEC768 - RESIDENCE CREDIT FOR MASTER'S DEGREE.; Credits: 1
May be repeated to a maximum of 12 hours. Prereq: Consent of adviser and chairperson of department
AEC780 - SPECIAL PROBLEMS IN AEC; Credits: 3
Open to graduate students who have the necessary training and ability to conduct research on a selected problem.  Prereq: Consent of instructor
AEC790 - RESEARCH WORK IN AGRICULTURE ECONOMICS; Credits: 3
Independent research under the direction of a faculty members and the Director of Graduate Studies. Prereq: Successful completion of written portion of AEC qualifying exam and permission of Director of Graduate Studies
AEC796 - SEMINAR; Credits: 3
An extended original investigation of a specific topic designed to give students experience in methods of research and an intensive study of a particular subject in the field of agricultural economics. May be repeated to a maximum of six credits under different subtitles. Prereq: Ph.D. applicant or candidate.