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Agricultural Policy and Trade
AG POLICY/TRAD
CLASS CODE: AGBUS 410 CREDITS:  3
DIVISION: AGRICULTURAL AND LIFE SCIENCES
DEPARTMENT: AGRICULTURE BUSINESS SCIENCE & TECHNOLOGY
GENERAL EDUCATION: This course does not fulfill a General Education requirement.

CATALOG DESCRIPTION: An advanced course in the study of policy formulation, government actions, societal and environmental issues, and programs that influence the agricultural sectors of production, marketing, and finances.
DESCRIPTION: An advanced course in the study of policy formulation, government actions, societal and environmental issues, and programs that influence the agricultural sectors of production, marketing, and finances. The establishment of trade policy both domestically and internationally for food and fiber products. Issues related to GATT and NAFTA as well as other trade policy and agreements between production and marketing areas of the nation and world.
TOPICS: * Setting the need for policy, the farm problem. * The process of policy, policy setting and policy problems.
* The policy process, policy interest groups (PAC's).
* International Trade and Macro Policy World Food Problems.
* The role of trade.
* International trade and market development policy.
* The macroeconoics of agriculture.
* Domestic farm policy: a historical perspective.
* Contemporary options for domestic farm policy. * The structure of agriclture.
* Resource policy.
* Food price policy.
* Nutrition, food safety, and food quality.
* Rural development policy.
* Impact of agricultural and food policy on agribusiness.
OBJECTIVES: Upon completion of this course the student should have developed:
* An understanding of the role of politics in the policy making process.
* An understanding that policy may have simple goals but complex results.
* An ability to analyze strengths and weaknesses of agricultural policy programs.
* An ability to communicate their policy views orally and in writing.
* An ability to make business and operational adjustments in the farm and farm related business in order to gain maximum efficiency within the framework of existing government agricultural policy.
* An understanding of the impact of U.S. policies on global markets, prices, supply and demand.
REQUIREMENTS:
PREREQUISITES: Junior standing or consent of instructor.
OTHER:
EFFECTIVE DATE: August 2003