AGR 420 - Agricultural Finance (3)

Prerequisites: AGR 305 ; calculus, and mathematical statistics, or equivalent; at least one course in finance strongly recommended; or consent of instructor.

This course analyzes the theory of financial decision making as applied to farms and agricultural firms. Topics include asset pricing models, financial markets, capital structure, farmland control, term structure of interest rates, risk management and credit evaluation. To develop effective leadership and management skills, students will a) produce a project through working as a team and b) develop a business plan or case study on an agribusiness topic. In addition, to develop critical thinking and problem solving skills, the students will a) apply the scientific method in an area relevant to agribusiness and economics and b) propose and assess economic policy solutions to agricultural and food issues.