AGEC 40903 — Risk in Agricultural Production
From its initial inception in the 1938 farm bill to debates centered on farm bills, the Federal Crop Insurance Program has experienced myriad changes from introduction of new covered crops and premium subsidy rates to the introduction of new products and insurable rate structures. Underpinning the FCIP is economic theory, statistics, and changes to the political landscape of U.S. agricultural policy. This course trains students in applying theory, statistics, and institutional knowledge to managing risk in agricultural production. Lecture 3 hours per week. Prerequisite: AGEC 11003 , AGEC 23003 , ( MATH 22003 (or Higher Level Calculus)), and ( AGEC 24003 or MATH 21003 or BUSI 10303). (Typically offered: Fall)
Prerequisites: AGEC 11003, AGEC 23003, MATH 22003, AGEC 24003, MATH 21003, BUSI 10303