Course Descriptions

Course Descriptions - Classrooms

ARE 001—Economic Basis of the Agricultural Industry (4)

Lecture—4 hour(s). Agriculture and man; the agricultural industry in U.S. and world economies; production and supply, marketing and demand; agricultural land, capital and labor markets; economic and social problems of agriculture in an urban and industrialized economy emphasizing California. GE credit: SS. Effective: 1997 Winter Quarter.

 

ARE 015—Population, Environment & World Agriculture (4)

Lecture—3 hour(s); Discussion—1 hour(s). Economic analysis of interactions among population, environment, natural resources and development of world agriculture. Introduces students to economic thinking about population growth, its causes and consequences for world food demand, and environmental and technological limits to increasing food supplies. GE credit: SS, WC, WE. Effective: 1997 Winter Quarter.

 

ARE 018—Business Law (4)

Lecture—4 hour(s). Prerequisite(s): Sophomore standing. General principles of business law in the areas of contracts, business organization, real property, uniform commercial code, sales, commercial paper, employment relations, and creditor-debtor against a background of the history and functioning of our present legal system. GE credit: SS. Effective: 1997 Winter Quarter.

 

ARE 098—Directed Group Study (1-5)

Variable. Prerequisite(s): Consent of Instructor. Restricted to lower division students. (P/NP grading only.) GE credit: SS. Effective: 1997 Winter Quarter.

 

ARE 099—Special Study for Undergraduates (1-5)

Prerequisite(s): Consent of Instructor. (P/NP grading only.) GE credit: SS. Effective: 1997 Winter Quarter.

 

ARE 100A—Intermediate Microeconomics: Theory of Production & Consumption (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ((ECN 001A C- or better or ECN 001AV C- or better); ECN 001B C- or better); ((MAT 016A C- or better, MAT 016B C- or better, MAT 016C C- or better) or (MAT 017A C- or better, MAT 017B C- or better) or (MAT 021A C- or better, MAT 021B C- or better)). Pass One open to Managerial Economics (AMGE), Animal Science and Management (AANM), and Textiles and Clothing (ATXC) Majors and Agricultural and Resource Economics (GARE), International Agricultural Development (GIAD), Viticulture and Enology (GVEN) and Transportation Technology and Policy (GTTP) Graduate Majors. Theory of individual consumer and market demand; theory of production and supply of agricultural products, with particular reference to the individual firm; price determination, and employment of resources under pure competition. Not open for credit to students who have completed ECN 100. GE credit: QL, SS. Effective: 2018 Winter Quarter.

 

ARE 100B—Intermediate Microeconomics: Imperfect Competition, Markets & Welfare Economics (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ARE 100A C- or better; ((ECN 001A C- or better or ECN 001AV C- or better); ECN 001B C- or better); ((MAT 016A C- or better, MAT 016B C- or better, MAT 016C C- or better) or (MAT 017A C- or better, MAT 017B C- or better) or (MAT 021A C- or better, MAT 021B C- or better)). Pass One open to Managerial Economics Majors (AMGE) and Agricultural & Resource Economics (GARE) Graduate Majors. Price determination, and employment of resources under conditions of monopoly, oligopoly, and monopolistic competition. GE credit: QL, SS. Effective: 2018 Summer Session 1.

 

ARE 106—Econometric Theory & Applications (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ARE 100A C- or better; (STA 013 C- or better or STA 013Y C- or better); STA 103 C- or better. Pass One open to Managerial Economics Majors (AMGE) and Agricultural & Resource Economics (GARE) Graduate Majors. Statistical methods for analyzing data to solve problems in managerial economics. Topics include the linear regression model, methods to resolve data problems, and the economic interpretation of results. Not open for credit to students who have enrolled in or completed ECN 140. GE credit: QL, SS. Effective: 2018 Summer Session 1.

 

ARE 107—Econometrics for Business Decisions (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ARE 100A C- or better; ARE 106 C- or better; (STA 013 C- or better or STA 013Y C- or better); STA 103 C- or better. Pass One open to Managerial Economics majors; Pass Two open to majors in the College of Agricultural & Environmental Sciences. Covers state-of-the art econometric and statistical methods for causal and predictive modeling with applications to finance and marketing. GE credit: SS. Effective: 2020 Winter Quarter.

 

ARE 112—Fundamentals of Organization Management (4)

Lecture—4 hour(s). Prerequisite(s): Upper division standing recommended. Pass One restricted to Managerial Economics (AMGE) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. Role of organizational design and behavior in business and public agencies. Principles of planning, decision making, individual behavior, management, leadership, informal groups, conflict and change in the organization. May be taught abroad. GE credit: SS. Effective: 2018 Summer Session 1.

 

ARE 113—Fundamentals of Marketing Management (4)

Lecture—4 hour(s). Prerequisite(s): ECN 001A or ECN 001AV; For non-majors only. Nature of product marketing by the business firm. Customer-product relationships, pricing and demand; new product development and marketing strategy; promotion and advertising; product life cycles; the distribution system; manufacturing, wholesaling, retailing. Government regulation and restraints. Not open for credit to students who have completed ARE 136. GE credit: SS. Effective: 2018 Winter Quarter.

 

ARE 115A—Economic Development (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): (ECN 001A or ECN 001AV); ECN 001B. Major issues encountered in emerging from international poverty, problems of growth and structural change, human welfare, population growth and health, labor markets and internal migration. Important issues of policy concerning international trade and industrialization. (Same course as ECN 115A.) GE credit: SS, WC. Effective: 2018 Winter Quarter.

 

ARE 115B—Economic Development (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): (ECN 001A or ECN 001AV); ECN 001B. Macroeconomic issues of developing countries. Issues include problems in generating capital, conduct of monetary and fiscal policies, foreign aid and investment. Important issues of policy concerning international borrowing and external debt of developing countries. (Same course as ECN 115B.) GE credit: SS, WC. Effective: 2018 Spring Quarter.

 

ARE 118—Tax Accounting (4)

Lecture—4 hour(s). Prerequisite(s): MGT 011A; MGT 011B; ARE 018 recommended. Development and application of a framework to understand the tax effects of typical management decisions on both entities and their owners. Impacts that different methods of taxation have on business entities with emphasis on tax planning, using income and deduction strategies, retirement plans, and choice of business entity for tax minimization. Effective: 2000 Spring Quarter.

 

ARE 119—Intermediate Managerial Accounting (4)

Lecture—4 hour(s); Extensive Problem Solving—8 hour(s). Prerequisite(s): MGT 011A; MGT 011B. Pass One open to Managerial Economics (AMGE) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. Use of accounting information by mangers in decision making, planning, directing and controlling operations. Focuses on managerial/cost accounting theory and practice. Covers costing systems, budgeting, and financial statement analysis. GE credit: SS. Effective: 2016 Fall Quarter.

 

ARE 120—Agricultural Policy (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ARE 100A C- or better. Pass One open to Managerial Economics (AMGE), Animal Science & Management (AANM) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. Analytical treatment of historical and current economic problems and governmental policies influencing American agriculture. Uses of economic theory to develop historical and conceptual understanding of the economics of agriculture; how public policy influences the nature and performance of American agriculture. GE credit: SS. Effective: 2018 Spring Quarter.

 

ARE 121—Economics of Agricultural Sustainability (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ECN 001A C- or better or ECN 001AV C- or better. Pass One open to Majors in the College of Agricultural & Environmental Sciences and Graduate Majors. Application of economic concepts to agro-environmental issues relevant to agricultural sustainability. Topics include market efficiency, production externalities, government policies, agricultural trade, product differentiation, all linked to sustainability issues. Case studies include biofuels, genetically modified foods and geographically differentiated products. GE credit: SS. Effective: 2018 Fall Quarter.

 

ARE 130—Agricultural Markets (4) Review all entries

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ARE 106 C- or better; ARE 100A C- or better; (STA 013 C- or better or STA 013Y C- or better); STA 103 C- or better. Pass One open to Managerial Economics (AMGE), Animal Science & Management (AANM) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. Nature, function, organizational structure, and operation of agricultural markets; prices, costs, and margins; market information, regulation, and controls; cooperative marketing. GE credit: SS. Effective: 2020 Winter Quarter.

 

ARE 132—Cooperative Business Enterprises (4)

Lecture—4 hour(s). Prerequisite(s): (ECN 001A C- or better or ECN 001AV C- or better); (UWP 104A or UWP 104AY or UWP 101). Pass One open to Managerial Economics (AMGE) and Animal Science & Management Majors (AANM) and Agricultural & Resource Economics (GARE) Graduate Majors. Study of cooperative business enterprise in the United States and elsewhere; economic theories of behavior, principles of operation, finance, decision-making, and taxation. GE credit: SS. Effective: 2018 Fall Quarter.

 

ARE 133—Introduction to Behavioral Economics (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): (ECN 001A C- or better or ECN 001AV C- or better); (STA 013 C- or better or STA 013Y C- or better). Pass One open to Managerial Economics majors. Inclusion of non-economic factors such as psychological principles in economic decisions and model predictions. Emphasis on behavioral principles, resulting strategies and implications for diverse market settings. Effective: 2018 Fall Quarter.

 

ARE 135—Agribusiness Marketing Plan Development (2)

Lecture/Discussion—2 hour(s). Prerequisite(s): Upper division standing. Fundamental components required to develop a marketing plan. Appreciation of the concept of marketing plans, appropriate research required, including the use of library, Internet, survey and interview instruments, government documents, market analysis, business proposition, action planning, financial evaluation and monitoring. (P/NP grading only.) GE credit: SS. Effective: 1999 Fall Quarter.

 

ARE 136—Managerial Marketing (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ARE 100B C- or better; ARE 106 C- or better; ARE 100A C- or better; (STA 013 C- or better or STA 013Y C- or better); STA 103 C- or better. Pass One open to Managerial Economics (AMGE), Animal Science & Management (AANM) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. Application of economic theory and econometrics to the study of marketing and consumer research. Emphasis on industry structure, history, regulatory aspects, integrated brand promotion, market segmentation, optimal product mix, message placement. GE credit: SS. Effective: 2020 Winter Quarter.

 

ARE 138—International Commodity & Resource Markets (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ARE 100A C- or better; ARE 100B C- or better. Pass One open to Managerial Economics (AMGE), Animal Science & Management (AANM) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. Basic nature and scope of international trade in agricultural commodities, agricultural inputs, and natural resources. Market dimensions and policy institutions. Case studies to illustrate import and export problems associated with different regions and commodities. GE credit: SS. Effective: 2019 Fall Quarter.

 

ARE 139—Futures & Options Markets (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ARE 100A C- or better; (STA 013 C- or better or STA 013Y C- or better); STA 103 C- or better. Pass One open to Managerial Economics (AMGE) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. History, mechanics, and economic functions of futures and options markets; hedging; theory of inter-temporal price formation and behavior of futures and options prices; price forecasting; futures and options as policy tools. GE credit: SS. Effective: 2018 Fall Quarter.

 

ARE 140—Farm Management (4)

Lecture—4 hour(s). Prerequisite(s): ECN 001A C- or better or ECN 001AV C- or better. Pass One open to Managerial Economics majors. Farm organization and resources; economic and technological principles in decision making; analytical techniques and management control; problems in organizing and managing the farm business. GE credit: SS. Effective: 2018 Fall Quarter.

 

ARE 142—Personal Finance (3)

Lecture—3 hour(s). Prerequisite(s): ECN 001B. Management of income and expenditures by the household. Use of consumer credit, savings, and insurance by households. Principles of tax, retirement, and estate planning. GE credit: SS. Effective: 1997 Winter Quarter.

 

ARE 143—Investments (4)

Lecture—4 hour(s). Pass One open to upper division Managerial Economics (AMGE) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. Survey of investment institutions, sources of investment information, and portfolio theory. Analysis of the stock, bond and real estate markets from the perspective of the investor. Not open for credit to students concurrently enrolled in or have completed ARE 171 or ARE 171A. GE credit: SS. Effective: 2019 Winter Quarter.

 

ARE 144—Real Estate Economics (4)

Lecture—4 hour(s). Prerequisite(s): ARE 100A C- or better. Pass One open to Managerial Economics (AMGE) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. Economic theory, analysis, and institutions of real estate markets and related financial markets. Techniques for appraising property values. Cases drawn from the raw land, single family, multifamily, industrial and office real estate markets. GE credit: SS. Effective: 2018 Spring Quarter.

 

ARE 145—Farm & Rural Resources Appraisal (4)

Lecture/Discussion—4 hour(s). Pass One open to Managerial Economics (AMGE), Animal Science & Management (AANM) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. Principles and procedures of the valuation process with emphasis placed on rural real estate. Includes identification of the major physical and economic determinants of value, the three primary appraisal approaches to valuation, discussion of appraisal activity and practice. GE credit: SS. Effective: 2016 Fall Quarter.

 

ARE 146—Business, Government Regulation, & Society (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ARE 100A C- or better; ARE 100B C- or better. Pass One open to Managerial Economics (AMGE) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. Variety, nature and impact of government regulation: anti-trust laws and economic and social regulation. Nature of the legislative process, promulgation of regulations, and their impact, especially as analyzed by economists. GE credit: ACGH, SS. Effective: 2019 Fall Quarter.

 

ARE 147—Resource & Environment Policy Analysis (3)

Lecture—3 hour(s). Prerequisite(s): ECN 001A or ECN 001AV. Open to non-majors only. Natural resource use problems with emphasis on past and current policies and institutions affecting resource use; determinants, principles, and patterns of natural resource use; property rights; conservation; private and public resource use problems; and public issues. Students who have had or are taking ARE 100A, ECN 100, or the equivalent, may receive only 2 units of credit, so must enroll in ARE 147M instead. GE credit: SS. Effective: 2018 Spring Quarter.

 

ARE 147M—Resource & Environmental Policy Analysis (2)

Lecture—3 hour(s). Prerequisite(s): ECN 001A or ECN 001AV. Open to non-majors only. Natural resource use problems with emphasis on past and current policies and institutions affecting resource use; determinants, principles, and patterns of natural resource use; property rights; conservation; private and public resource use problems; and public issues. Students who have had or are taking ARE 100A, ECN 100, or the equivalent, must enroll in this course for 2 units rather than ARE 147. GE credit: SS. Effective: 2018 Spring Quarter.

 

ARE 150—Agricultural Labor (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ARE 100A C- or better. Pass One open to Managerial Economics (AMGE) Majors and Agricultural and Resource Economics (GARE) Graduate Majors. Analysis of labor markets with focus on U.S. and world agriculture. Labor supply, demand, market equilibrium; why farm labor markets are different; global trends in farm labor; U.S. farm labor history; unions and collective bargaining; immigration policy. GE credit: SS. Effective: 2018 Spring Quarter.

 

ARE 155—Operations Research & Management Science (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ARE 100A C- or better; (STA 013 C- or better or STA 013Y C- or better); STA 103 C- or better. Pass One open to Managerial Economics (AMGE) and Animal Science & Management (AANM) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. Introduction to quantitative methods used to analyze business and economic processes: decision analysis for management, mathematical programming, competitive analysis, and other methods. GE credit: QL, SS. Effective: 2018 Summer Session 1.

 

ARE 156—Introduction to Mathematical Economics (4)

Lecture—4 hour(s). Prerequisite(s): ARE 100B; ARE 155; ARE 100A C- or better; (STA 013 C- or better or STA 013Y C- or better); STA 103 C- or better. Pass One open to Managerial Economics (AMGE) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. Linear algebra for economists; necessary and sufficient conditions in static optimization problems; implicit function theorem; economic methodology and mathematics; comparative statics; envelope theorem; Le Chatelier principle; applications to production and consumer models. GE credit: QL, SS. Effective: 2018 Fall Quarter.

 

ARE 157—Analysis for Operations & Production Management (4)

Lecture—4 hour(s). Prerequisite(s): ARE 155; ARE 100A C- or better; (STA 013 C- or better or STA 013Y C- or better); STA 103 C- or better. Pass One open to Managerial Economics (AMGE), Animal Science & Management (AANM) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. Application of economic theory and quantitative methods to analyze operations and production management problems including process strategy, quality management, location and plant layout, and inventory management. GE credit: SS. Effective: 2018 Fall Quarter.

 

ARE 165—Emerging Economies & Globalization (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ARE 100A C- or better; ARE 115A; ARE 115B; Completion of ARE 106 & ECN 162 strongly recommended. Pass One open to Managerial Economics and graduate majors. Economic drivers and policy challenges in the major emerging markets, with an emphasis on the effects of rising incomes, population growth, urbanization, and relative wages on world markets and natural resources. GE credit: SS. Effective: 2018 Spring Quarter.

 

ARE 166—Economics of Global Poverty Reduction: What Works & Why (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): (ARE 100B or ECN 100 or ECN 100B); (ARE 106 or ECN 140); (ARE 115A or ECN 115A). Pass One open to Managerial Economics (AMGE) and Economics (LECN) majors only. Application of microeconomic theory and econometrics to understand causes of poverty and critically evaluate poverty alleviation policies in low income countries. Effective: 2018 Fall Quarter.

 

ARE 171—Principles of Finance (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ARE 100A C- or better; ARE 106 C- or better; MGT 011A; MGT 011B. Pass One open to Managerial Economics Majors and Agricultural & Resource Economics Graduate Majors. Principles of corporate financial management. Time value of money, interest rates, principles of valuation, NPV, risk and return, and cost of capital. Not open for credit to students who have completed ECN 134. Effective: 2020 Winter Quarter.

 

ARE 172—Financial Management of the Firm (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): (ARE 171A or ARE 171); ARE 106 C- or better; ARE 100A C- or better; MGT 011A; MGT 011B. Pass One open to Managerial Economics Majors and Agricultural & Resource Economics Graduate Majors. Financial analysis at the firm level: optimizing capital structure; minimizing the cost of capital; dividend policies; mergers and acquisitions; real options; and risk management. Effective: 2020 Winter Quarter.

 

ARE 173—Capital Markets (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): (ARE 171A or ARE 171); ARE 106 C- or better; ARE 100A C- or better; MGT 011A; MGT 011B. Pass One open to Managerial Economics majors and Agricultural & Resource Economics Graduate Majors. Introduction to asset pricing. Valuation and risk characteristics of financial assets, including stocks, bonds, futures, and options. Investors’ attitudes toward risk, capital allocation, portfolio selection, the capital asset pricing model, and the efficient market hypothesis. Effective: 2020 Winter Quarter.

 

ARE 175—Natural Resource Economics (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ARE 100A C- or better or ECN 100A C- or better or ECN 100 C- or better. Pass One open to Managerial Economics (AMGE) and Environmental Policy Analysis & Planning (AEPP) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. Economic concepts and policy issues associated with natural resources, renewable resources (ground water, forests, fisheries, and wildlife populations) and non-renewable resources (minerals and energy resources, soil). (Same course as ESP 175.) GE credit: SS. Effective: 2018 Fall Quarter.

 

ARE 176—Environmental Economics (4)

Lecture—3 hour(s); Discussion—1 hour(s). Prerequisite(s): ARE 100A C- or better or ECN 100A C- or better or ECN 100 C- or better. Pass One open to Managerial Economics (AMGE) Majors and Agricultural & Resource Economics (GARE) Graduate Majors. Role of the environment in economic activity and methods for protecting and enhancing environmental quality; implications of market failures for public policy; design of environmental policy; theory of welfare measurement; measuring the benefits of environmental improvement. GE credit: SS. Effective: 2018 Fall Quarter.

 

ARE 190—Topics in Managerial Economics (3)

Lecture—3 hour(s). Prerequisite(s): ARE 100A; STA 103; and Consent of Instructor. Selected topics in managerial economics, focusing on current research. May be repeated up to 4 time(s) when the topic differs. GE credit: SS. Effective: 2012 Fall Quarter.

 

ARE 192—Internship (1-6)

Internship—3-18 hour(s). Internship experience off and on campus in all subject areas offered in the Department of Agricultural & Resource Economics. Internships are supervised by a member of the staff. (P/NP grading only.) GE credit: SS. Effective: 1997 Winter Quarter.

 

ARE 194HA—Special Study for Honors Students (4)

Independent Study—3 hour(s); Seminar—1 hour(s). Prerequisite(s): ARE 100B; ARE 106; ARE 155 (can be concurrent); and Consent of Instructor. Minimum GPA of 3.500; major in Agricultural & Managerial Economics or Managerial Economics; senior standing. A program of research culminating in the writing of a senior honors thesis under the direction of a faculty adviser. GE credit: QL, SS, WE. Effective: 2000 Winter Quarter.

 

ARE 194HB—Special Study for Honors Students (4)

Independent Study—3 hour(s); Seminar—1 hour(s). Prerequisite(s): ARE 100B; ARE 106; ARE 155 (can be concurrent); Minimum GPA of 3.500; major in Agricultural & Managerial Economics or Managerial Economics; senior standing. A program of research culminating in the writing of a senior honors thesis under the direction of a faculty adviser. GE credit: QL, SS, WE. Effective: 2000 Winter Quarter.

 

ARE 197T—Tutoring in Managerial Economics (1-3)

Variable. Prerequisite(s): Senior standing in Managerial Economics and consent of Department Chairperson. Undergraduates assist the instructor by tutoring students in one of the department's regularly scheduled courses. (P/NP grading only.) GE credit: SS. Effective: 2012 Fall Quarter.

 

ARE 198—Directed Group Study (1-5)

Variable. Prerequisite(s): Consent of Instructor. Directed group study. May be taught abroad. (P/NP grading only.) GE credit: SS. Effective: 1997 Winter Quarter.

 

ARE 199—Special Study for Advanced Undergraduates (1-5)

Variable. Prerequisite(s): Consent of Instructor. (P/NP grading only.) GE credit: SS. Effective: 1997 Winter Quarter.