AgEc 101
The Business of Agriculture
Instructor:
Larry Van Tassell
Office: Ag Sci 39AOffice Phone: (208) 885-7869
Email:
larryv@uidaho.eduOffice
Hours: Open, but encourage appointments.
Web Site:
http://www.ag.uidaho.edu/aers/fall08.htm
Objectives:
1. To have students recognize the role of
producers, input suppliers, food marketing
organizations, and consumers in the U.S. agricultural economy.
2. To have students develop an understanding of
how economics relates to agriculture, and how economic principles
are used to analyze and solve problems in agriculture and
agribusiness.
3. To help students understand the qualities and
characteristics employers in agribusiness
expect in prospective employees and how students can develop those
qualities and characteristics during their college career.
Textbook:
There is no textbook available for this class. You
will be provided class handouts that will cover the material you
will be responsible for on the quizzes. I will hand the materials
out at the beginning of each class. If you are not able to attend a
class, either (1) ask a friend to pick up the handouts for you, or
(2) download the handouts from the class website and go over them
before the next class period.
Quizzes:
Fourteen quizzes will be given throughout the
semester. Each quiz will be given at the beginning of class and will
cover material from the previous week’s lecture. No make-up quizzes
will be given; because we will immediately be reviewing the quiz
after it is taken. Your lowest four quiz grades for the
semester will be dropped.
Assignments:
Homework assignments will be given to further your
understanding of the subject matter. Assignments handed in after the
due date will have 20% deducted per day unless you have a university
approved excuse and prior arrangements have been made. Thus, after
five days, zero points will be given for late homework assignments.
Projects:
1) You will be assigned to a small group to research
and follow a commodity during the semester. Group reports will be
presented to the class during the last two classes of the semester.
Grades will be based on the completeness and quality of the
presentation.
2) Research an agribusiness firm that you would like
to work for and develop a two-page review of that firm. Due October
7th.
3) After hearing presentations on what employers
look for in agribusiness employees, develop a
pro forma resume, highlighting
areas you need to work on and things you can do to develop the
characteristics you need to obtain your desired employment. Due last
day of class.
Grades:
Your grade will be determined using the following pattern:
Quizzes 100 points
Homework 100 points
Resume 50 points
Agribusiness report 50 points
Commodity report 50 points
Total 350 points
Letter grades will be assigned as:
A = 90% or greater of the total points
B = 80% to 89.9% of the total points
C = 70% to 79.9% of the total points
D = 60% to 69.9% of the total points
F = less than 60% of total points
General Rules
1. I expect academic honesty from everyone—this
means turning in your own homework assignments, and no cheating on
quizzes or the exam. Any indication of behavior contrary to my
expectations will be referred immediately to the proper
administrative authorities.
2. During lecture, I invite open discussion.
However, if you wish to conduct a side conversation with someone in
the class, do it outside of class. Respect the rights and opinions
of others and demonstrate a professional level of courtesy.
3. Attendance is strongly encouraged and will be
recorded periodically. Poor attendance will affect
your grade directly through missed quizzes and late homework
assignments.
Lecture Topics
(not necessarily in order of presentation)
What is Agribusiness?
What do Agribusiness Employers Look for in an
Employee?
How can AERS Prepare You for Employment
How Big is Big?
Structure and Size of the Agricultural Industry
How Good is Your Diet?
Consumer Behavior and Demand
How Much Fertilizer Did You Put On?
Marginal Cost/Marginal Benefit
Who is the Food-Price Villain?
Supply and Demand Relationships
It’s Tight in the Middle!
The Firm’s Cost Structure
How Many Piggy’s Went to Market?
Agriculture Marketing
Who’s Paying the Bills?
Government Farm Programs
Environmentalists at the Door!
Environmental Policy
Is the World Shrinking?
Agricultural Trade
Home on the Range!
Community Development
Disability Support Services Reasonable
Accommodations Statement: Reasonable accommodations are available
for students who have a documented disability. Please notify your
instructor(s) during the first week of class regarding
accommodation(s) needed for the course. All accommodations must be
approved through Disability Support Services located in the Idaho
Commons Building, Room 306.
• 885-6307
• email at <dss@uidaho.edu>
• website at <www.access.uidaho.edu>
or
<www.webs.uidaho.edu/taap>
Students should present a completed and signed
Accommodation Form for the current semester from our office when
requesting accommodations. If they do not, please refer them to the
Disability Support Services office (Idaho Commons, Room 306) to
obtain one. If you have any questions regarding a student(s) with a
disability(s), or how to best work with a particular student in
class, please contact our office.
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