Learning Outcomes: 1. Demonstrate knowledge of economic concepts to think critically about relationships between economic activity and global environmental challenges ranging from climate change to biodiversity loss.
Audience: Undergraduate

2. Use appropriate tools to analyze how governmental policies affect the use and conservation of natural resources.
Audience: Undergraduate

3. Explain the social, economic, and/or environmental dimensions of the sustainability challenges of balancing healthy global economies with environmental quality.
Audience: Undergraduate

4. Analyze the causes of and solutions for the sustainability challenges of maintaining environmental quality and healthy economies.
Audience: Undergraduate

Learning Outcomes: 1. Understand why climate change arises due to a market failure.
Audience: Undergraduate

2. Evaluate policies for reducing carbon emissions using economic concepts such as marginal costs and total welfare.
Audience: Undergraduate

3. Explain the social, economic, and/or environmental dimensions of the sustainability challenge(s) of climate change.
Audience: Undergraduate

4. Analyze the causes of and solutions for the sustainability challenge of climate change.
Audience: Undergraduate

Learning Outcomes: 1. Develop professional skills that will lead to success in future endeavors, including preparing a resume, writing a cover letter, building a professional network, finding an internship, having a successful interview, and maximizing the job or internship experience
Audience: Undergraduate

2. Apply principles of the career development process to create short- and long-term personal career goals and implement a plan to evaluate progress toward them
Audience: Undergraduate

3. Use campus resources to help search and apply for internships and jobs
Audience: Undergraduate

4. Create professional relationships with fellow students, department alumni, potential employers, and AAE and ABM faculty and staff
Audience: Undergraduate

Learning Outcomes: 1. Investigate an economic topic in conjunction with other investigators to develop a deep understanding of a research problem.
Audience: Undergraduate

2. Identify a research problem and develop a basic knowledge of the academic literature on this topic.
Audience: Undergraduate

3. Use basic economic theory to frame the problem and state testable hypotheses.
Audience: Undergraduate

4. Communicate the results of investigations via written and/or oral means to an appropriate audience.
Audience: Undergraduate

Learning Outcomes: 1. Investigate an economic topic in conjunction with other investigators to develop a deep understanding of a research problem.
Audience: Undergraduate

2. Identify a research problem and develop a basic knowledge of the academic literature on this topic.
Audience: Undergraduate

3. Use basic economic theory to frame the problem and state testable hypotheses.
Audience: Undergraduate

4. Communicate the results of investigations via written and/or oral means to an appropriate audience.
Audience: Undergraduate

Learning Outcomes: 1. Develop a working knowledge of the real estate process, including the roles of the various key real estate professionals and the unique challenges associated with the real estate asset class.
Audience: Undergraduate

2. Explain the characteristics, advantages, and disadvantages of the primary commercial real estate property types.
Audience: Undergraduate

3. Discuss the role of debt and equity in a real estate transaction as well as the fundamental terms, conditions, and requirements of commercial real estate financing.
Audience: Undergraduate

4. Navigate the basic regulatory framework governing the real estate process, including land use planning, zoning and the required project approvals.
Audience: Undergraduate

5. Describe the role of leasing in the commercial real estate transaction, including the critical terms and conditions of commercial leases.
Audience: Undergraduate

Learning Outcomes: 1. Apply basic models of international trade to agricultural markets.
Audience: Undergraduate

2. Describe how different domestic policies shape international agricultural trade flows.
Audience: Undergraduate

3. Demonstrate how factors including comparative advantage, market power, and market instability impact international agricultural trade for both small and large countries.
Audience: Undergraduate

4. Summarize the current state of international agricultural trade and its effects on economic, social, and environmental outcomes.
Audience: Undergraduate

Learning Outcomes: 1. Apply economic principles for optimizing input use in agricultural production.
Audience: Undergraduate

2. Analyze a balance sheet and income statement and common agricultural modifications for depreciation, valuation basis and cash accounting.
Audience: Undergraduate

3. Describe major taxes applying to agricultural operations, commonly used business entities and their tax and legal implications, including transfer of farm assets.
Audience: Undergraduate

4. Define major federal risk management programs that support agriculture and how they function, including crop insurance and commodity support programs.
Audience: Undergraduate

5. Describe Wisconsin agriculture and the US food system, and the justification for income and commodity support programs.
Audience: Undergraduate

Learning Outcomes: 1. Understand the purpose of and major operations in commodity market institutions.
Audience: Undergraduate

2. Apply economic logic and quantitative techniques to understand price relations in commodity markets.
Audience: Undergraduate

3. Understand spatial and temporal dynamics of futures prices of agricultural commodities.
Audience: Undergraduate

4. Analyze risk management strategies using futures and options.
Audience: Undergraduate

Learning Outcomes: 1. Communicate the characteristics of cooperatives, credit unions, and other alternative forms of enterprise and their role in our economy and society.
Audience: Undergraduate

2. Describe the social, economic, and environmental dimensions of enterprise ownership structures and identify potential tradeoffs and interrelationships among these dimensions at a level appropriate to the course.
Audience: Undergraduate

3. Discern when a cooperative or alternative form of enterprise ownership is the appropriate response to a social, economic, or environmental challenge.
Audience: Undergraduate

4. Appreciate how ownership structures affect enterprise behavior, strategy, and decision-making.
Audience: Undergraduate

5. Apply knowledge of cooperatives and alternative ownership models to a real world community economic development challenge.
Audience: Undergraduate

6. Use sustainability principles for developing personal goals and professional values.
Audience: Undergraduate

Learning Outcomes: 1. Use basic Excel software, download and manipulate economic and financial data, and create basic formulas and functions.
Audience: Undergraduate

2. Create, refine and interpret Excel charts and other graphics with real world economic and financial data, and display and organize data using tables and PivotTables.
Audience: Undergraduate

3. Present, analyze and interpret trends and relationships among and between various economic indicators.
Audience: Undergraduate

4. Use Solver and Goal Seek to numerically find optimal solutions.
Audience: Undergraduate

Learning Outcomes: 1. Understand why environmental problems occur in a market-based economy.
Audience: Undergraduate

2. Identify market-based environmental policies to address market failures.
Audience: Undergraduate

3. Explain the social, economic, and/or environmental dimensions of the sustainability challenge(s) of pollution control.
Audience: Undergraduate

4. Apply sustainability principles and/or frameworks to addressing the challenge of optimizing the use of scarce resources over time.
Audience: Undergraduate

Learning Outcomes: 1. Demonstrate a basic understanding of the complex links between nutrition and malnutrition.
Audience: Undergraduate

2. Learn and apply the economic tools of supply and demand to solving/analyzing issues including income and population growth, income and population policies, and agricultural supply topics.
Audience: Undergraduate

3. Synthesize knowledge about the economics and nutritional aspects of world hunger to better understand solutions.
Audience: Undergraduate

4. Communicate effectively through written reports and online discussions.
Audience: Undergraduate

5. Apply sustainability principles and/or frameworks to addressing the challenge of addressing issues of population growth, hunger and poverty.
Audience: Undergraduate

6. Describe the social, economic, and environmental dimensions of food, hunger and malnutrition. Identify potential tradeoffs and interrelationships among these dimensions at a level appropriate to the course.
Audience: Undergraduate

Learning Outcomes: 1. Discuss the multitude of mechanisms through which human interactions with natural systems condition health and well-being outcomes in both developing and developed country contexts.
Audience: Undergraduate

2. Use positive (descriptive) economic reasoning to identify how individual and community decisions made in the face of income, political, policy, cultural, and environmental constraints lead to differential health and well-being outcomes.
Audience: Undergraduate

3. Use normative (prescriptive) economic reasoning to evaluate the efficacy of social, health, and environmental policies affecting human well-being.
Audience: Undergraduate

4. Demonstrate basic knowledge in challenge areas such air and water pollution, climate change and fisheries depletion.
Audience: Undergraduate

Learning Outcomes: 1. Describe the history of current organic systems and how it influences the way that organic farms and industries work.
Audience: Both Grad & Undergrad

2. Explore the biological, ecological, and agricultural underpinnings of organic production systems.
Audience: Both Grad & Undergrad

3. Examine how organic systems, social initiatives, and regulations are developed and how they shape business activities, community development efforts, and human and environmental health outcomes.
Audience: Both Grad & Undergrad

4. Evaluate the benefits and limitations of organic systems, social initiatives, and regulations from environmental, social, economic, and racial justice perspectives.
Audience: Both Grad & Undergrad

5. Analyze sustainability issues and/or practices using a systems-based approach.
Audience: Both Grad & Undergrad

6. Describe the social, economic, and environmental dimensions of organic farming and identify potential tradeoffs and interrelationships among these dimensions at a level appropriate to the course.
Audience: Both Grad & Undergrad

7. Develop the capacity to evaluate sustainability and resilience outcomes of organic and other agricultural production and processing systems using interdisciplinary methods.
Audience: Graduate

Learning Outcomes: 1. Use economic tools to describe energy demand
Audience: Undergraduate

2. Apply economic models of competition to energy markets
Audience: Undergraduate

3. Analyze how policies to mitigate climate change affect energy markets
Audience: Undergraduate

4. Analyze the causes of and solutions for the sustainability challenge of climate change
Audience: Undergraduate

5. Describe the social, economic, and environmental dimensions of energy policy and identify potential tradeoffs and interrelationships among these dimensions at a level appropriate to the course
Audience: Undergraduate

Learning Outcomes: 1. Develop an informed perspective on economic drivers of globalization over the past 30 years and the links between globalization, economic development and poverty in low-income countries.
Audience: Undergraduate

2. Gain familiarity with ongoing debates concerning economic policy in developing countries and the role of international institutions in influencing those decisions.
Audience: Undergraduate

3. Learn multiple sources of information regarding economic circumstances of poverty-vulnerable countries.
Audience: Undergraduate

4. Use Excel and other computational tools to analyze and interpret large, multi-dimensional datasets.
Audience: Undergraduate

5. Demonstrate competence in writing about economic issues through reflections on topic reading assignments and in academic style in two longer writing assignments.
Audience: Undergraduate

Learning Outcomes: 1. Evaluate the importance of economic growth and globalization in the process of economic development of nations.
Audience: Undergraduate

2. Understand how economic theory and data can help identify and measure factors contributing to economic growth and the effects of globalization.
Audience: Undergraduate

3. Assess the historical and recent evolution of economic growth and globalization over time and across countries.
Audience: Undergraduate

4. Understand the role of policy and its effects on economic growth, globalization, and on the process of economic development.
Audience: Undergraduate

5. Demonstrate basic economic and statistical literacy for evaluating economic growth and globalization.
Audience: Undergraduate

6. Explain the social, economic, and/or environmental dimensions of the sustainability challenges of economic growth and globalization.
Audience: Undergraduate

7. Describe the social, economic, and environmental dimensions of economic growth and globalization and identify potential tradeoffs and interrelationships among these dimensions at a level appropriate to the course.
Audience: Undergraduate

Learning Outcomes: 1. Investigate a special topic in conjunction with other investigators to develop an understanding of how economists would approach this topic.
Audience: Undergraduate

2. Understand the basic economic principles involved in the topic.
Audience: Undergraduate

3. Use basic economic theory to frame the problem and state testable hypotheses.
Audience: Undergraduate

4. Communicate the results of investigations via written and/or oral means to an appropriate audience.
Audience: Undergraduate

Learning Outcomes: 1. Perform assigned responsibilities in a professional setting.
Audience: Undergraduate

2. Identify and employ standards of professionalism at work site.
Audience: Undergraduate

3. Articulate through discussion with faculty mentor how concepts learned in applied economics relate to real work situations.
Audience: Undergraduate

4. Synthesize and apply knowledge from the ag & applied economics curriculum and broader coursework to solve problems on the worksite.
Audience: Undergraduate

5. Create and submit a final report to a faculty mentor.
Audience: Undergraduate

Learning Outcomes: 1. Correctly interpret accounting and financial statements
Audience: Undergraduate

2. Explain the time value of money and how this concept relates to interest rates
Audience: Undergraduate

3. Conduct firm-level investment analyses and develop capital budgeting strategies
Audience: Undergraduate

4. Summarize characteristics of agricultural credit and capital markets for both borrowers and lenders
Audience: Undergraduate

5. Construct comprehensive financial analyses of agricultural enterprises, employing advanced quantitative methodologies and techniques that extend beyond basic financial statement interpretation
Audience: Graduate

6. Integrate recent literature in financial analyses to support informed decision-making in management.
Audience: Graduate

Learning Outcomes: 1. Manipulate, organize, and visualize quantitative economic data using computer software.
Audience: Undergraduate

2. Conduct statistical analyses and estimate basic linear regression models of economic data.
Audience: Undergraduate

3. Correctly report and interpret results from statistical analyses in the context of informing economic decisions.
Audience: Undergraduate

4. Set up and solve linear and non-linear programming problems that inform economic decision-making using computer software.
Audience: Undergraduate

5. Integrate uncertainty into the analysis of economic decisions and articulate how uncertainty influences economic behavior.
Audience: Undergraduate

6. Effectively communicate verbally, visually, and in writing the process and results of economic decision analyses.
Audience: Undergraduate

Learning Outcomes: 1. Describe food supply chain (network) components, processes, objectives, drivers and performance metrics, and the main differences in characteristics and management practices for food and agricultural supply chains compared to supply chains for non-food manufactured products.
Audience: Both Grad & Undergrad

2. Analyze sourcing and purchasing decisions for raw materials or finished goods, use business process analyses for food supply chain improvement and determine appropriate production or service capacity strategic decisions for food supply chains.
Audience: Both Grad & Undergrad

3. Apply basic inventory management decision methods, such as the Economic Order Quantity (EOQ) and Re-Order Point (ROP), decision models for logistics including transportation modes and distribution network configurations, and Sales & Operations Plans (Aggregate Plans) for a food manufacturer.
Audience: Both Grad & Undergrad

4. Describe the metrics and processes that food businesses use to monitor and improve sustainability, in the context of Corporate Social Responsibility.
Audience: Both Grad & Undergrad

5. Define the basic characteristics of a food system and its linkages to food and agricultural supply chains, and use basic systems modeling concepts for the development of qualitative assessment of food systems and understand their use in quantitative models of food systems.
Audience: Both Grad & Undergrad

6. Use systems modeling approaches to assess key food supply chain and food system issues such as the impacts of food supply chains on human nutrition, programs for farmers, agriculture research and development and localization of food systems.
Audience: Both Grad & Undergrad

7. Undertake a review of a subset of relevant literature on a topic or issue related to food supply chains or food systems (with pre-approval of the instructor), and relate the content of that review to the concepts covered in this course.
Audience: Graduate

Learning Outcomes: 1. Demonstrate mastery of the language of international development economics
Audience: Undergraduate

2. Develop proficiency in an array of concepts from primary product exports to conditional cash transfers to migration and remittances to corruption and civil conflict.
Audience: Undergraduate

3. Examine how markets and distinct development strategies and processes provide different opportunities and returns for the rich and the poor, urban and rural, latino and indigenous peoples, large and small countries, and so on.
Audience: Undergraduate

4. Explain the strengths and weaknesses of contending theories of economic development.
Audience: Undergraduate

5. Apply contending theories to markets, state policies, social initiatives, and historical experiences in Latin American countries.
Audience: Undergraduate

Learning Outcomes: 1. Demonstrate basic economic and statistical literacy relevant to the study of economic development.
Audience: Both Grad & Undergrad

2. Understand basic models of international trade and economic growth.
Audience: Both Grad & Undergrad

3. Demonstrate a working knowledge of available data on the economies of Southeast Asia.
Audience: Both Grad & Undergrad

4. Identify and analyze problems of economic development in Southeast Asia.
Audience: Undergraduate

5. Identify and analyze problems of economic development in Southeast Asia using formal methods of economic theory and evidence.
Audience: Graduate

Learning Outcomes: 1. Demonstrate knowledge of current research in development economics to explain cases and identify areas that policy can influence.
Audience: Undergraduate

2. Calculate basic measures of poverty, inequality and economic development.
Audience: Undergraduate

3. Differentiate empirical methods used to analyze poverty and poverty alleviation.
Audience: Undergraduate

4. Use economic models and empirical methods to evaluate development policy.
Audience: Undergraduate

Learning Outcomes: 1. Explain the economic problems of African nations including economic history, different sectors of the economy, economic development, and economic growth.
Audience: Both Grad & Undergrad

2. Use empirical evidence to evaluate an economic argument, including interpreting and explaining economic data.
Audience: Both Grad & Undergrad

3. Apply the tools of economic analysis (both theoretical and empirical tools) to evaluate specific policy proposals, especially as they relate to contemporary issues in African development.
Audience: Graduate

4. Communicate effectively in written and graphical form about issues in African development.
Audience: Both Grad & Undergrad

5. Explain the social, economic, and/or environmental dimensions of the sustainability challenges of development of African nations.
Audience: Both Grad & Undergrad

6. Analyze the causes of and solutions for the sustainability challenge of generating agricultural and economic development of African countries.
Audience: Both Grad & Undergrad

Learning Outcomes: 1. Apply economic and business theories and tools to real world applied economic and business problems.
Audience: Undergraduate

2. Write a clear report that uses the tools of applied economics and business to answer consultant, business, and/or research questions and communicates clearly the results of analysis and data to a reader.
Audience: Undergraduate

3. Communicate effectively an oral summary of a research or consulting report or a business plan to an audience.
Audience: Undergraduate

4. Work in teams including effective project and time management, communication, and teamwork.
Audience: Undergraduate

Learning Outcomes: 1. Synthesize an overview of economic theory as applied to small open economies.
Audience: Both Grad & Undergrad

2. Identify the strengths and weaknesses of the community’s economy.
Audience: Both Grad & Undergrad

3. Implement alternative processes for affecting change at the community level.
Audience: Both Grad & Undergrad

4. Demonstrate literacy of economic factors affecting change at the local level.
Audience: Both Grad & Undergrad

5. Describe the community within a sustainable systems thinking approach.
Audience: Both Grad & Undergrad

6. Identify appropriate roles for community economic development practitioners in a variety of community settings.
Audience: Graduate

Learning Outcomes: 1. Develop an understanding of the use of calibrated economic models to study economic policy and the underlying applied price theory.
Audience: Both Grad & Undergrad

2. Gain expertise in the formulation of numerical economic equilibrium models with application to trade, public finance, climate and energy policy applications.
Audience: Both Grad & Undergrad

3. Describe data sources for sectoral and economy-wide policy applications of calibrated economic equilibrium models.
Audience: Both Grad & Undergrad

4. Use GAMS, Excel and other visualization tools to analyze and interpret large, multi-dimensional datasets and models.
Audience: Both Grad & Undergrad

5. Demonstrate competence in writing about economic issues on the basis of evidence-based analysis of economic policy proposals.
Audience: Both Grad & Undergrad

6. Learn equivalent formulations of partial and general economic equilibrium models in primal, dual and complementarity formats.
Audience: Graduate

Learning Outcomes: 1. Employ appropriate concepts in order to correctly define the economic benefits accrued from different natural resources.
Audience: Both Grad & Undergrad

2. Apply appropriate methodologies and tools to demonstrate the conditions under which the benefits are likely to be captured or dissipated by real world actors.
Audience: Both Grad & Undergrad

3. Explain the social, economic, and/or environmental dimensions of the sustainability challenges of maintaining healthy supplies of forests, biodiversity, fish and wildlife, and freshwater.
Audience: Both Grad & Undergrad

4. Analyze the causes of and solutions for the sustainability challenges of maintaining healthy supplies of forests, biodiversity, fish and wildlife, and freshwater.
Audience: Both Grad & Undergrad

5. Apply academic principles of natural resource economics to a real-world policy problem.
Audience: Graduate

Learning Outcomes: 1. Describe major issues in economics of intellectual property protection (IPP), technology and innovation.
Audience: Both Grad & Undergrad

2. Employ basic economic analysis of IPP, technology and innovation related policy issues.
Audience: Both Grad & Undergrad

3. Articulate and critique theories and firms’ commercial strategies related to IPP, technology and innovation.
Audience: Graduate

4. Communicate clearly economic and policy issues related to IPP, technology and innovation.
Audience: Both Grad & Undergrad

Learning Outcomes: 1. Apply microeconomic theories to explain consumer behavior and business strategy
Audience: Graduate

2. Explain market equilibrium and price determination
Audience: Graduate

3. Evaluate government policy, such as taxes, regulation, and subsidies
Audience: Graduate

4. Describe the costs and benefits of international trade
Audience: Graduate

5. Discuss fundamental macroeconomic concepts, such as GDP, unemployment, and inflation
Audience: Graduate

6. Critically evaluate economic arguments in media and policy sources
Audience: Graduate

Learning Outcomes: 1. Evaluate the different organizational and operational structures of contemporary agricultural businesses and the advantages and disadvantages of each.
Audience: Both Grad & Undergrad

2. Identify the role and impact of marketing and human resource management used in decision making within the firm and across the supply chain.
Audience: Both Grad & Undergrad

3. Interpret financial statements and calculate and analyze a variety of important financial ratios used in making managerial decisions.
Audience: Both Grad & Undergrad

4. Examine an agricultural business to determine its strengths, weaknesses, and opportunities for improvement.
Audience: Both Grad & Undergrad

5. Explain the profit function and how to determine areas of profit maximization and cost minimization.
Audience: Graduate

6. Evaluate various pricing and competition strategies.
Audience: Graduate

Learning Outcomes: 1. Apply models of economic problems such as production and consumption allocations and the efficiency consequences.
Audience: Both Grad & Undergrad

2. Use models for applied economic analysis.
Audience: Both Grad & Undergrad

3. Articulate and critique theories and practices in such analyses.
Audience: Graduate

4. Communicate clearly economic and policy issues related to such analyses.
Audience: Graduate

Learning Outcomes: 1. Understand the technical aspects of linear regression and statistical inference.
Audience: Graduate

2. Critically evaluate estimates of linear models.
Audience: Graduate

3. Gauge the appropriateness of different model assumptions for different types of applied problems.
Audience: Graduate

Learning Outcomes: 1. Extend the standard linear regression models to nonlinear regression models, estimate them, and interpret the results.
Audience: Graduate

2. Estimate models beyond ordinary least squares (OLS), to include Maximum Likelihood (MLE), analysis of discrete choice and limited dependent variables.
Audience: Graduate

3. Provide an overview of the latest techniques being developed using panel data and apply these methods in an independent estimation exercise.
Audience: Graduate

4. Select the experimental or quasi-experimental method appropriate for the analysis at hand.
Audience: Graduate

Learning Outcomes: 1. Understand common models used by economists who study agriculture.
Audience: Graduate

2. Describe the importance of institutions (formal and informal) common to food and agricultural industries.
Audience: Graduate

3. Understand contemporary issues related to agricultural economics and linkages between agriculture and the broader economy, including interactions with land, water and soil resources; connections to food, fuel, and fiber industries; role in early development of societies and nation states; rural-urban population flows; and growth and development of modern economies.
Audience: Graduate

4. Analyze policies that are a response to market frictions and distributive conflict among populations.
Audience: Graduate

Learning Outcomes: 1. Articulate and critique theories of development economics, including basic closed and open economy macroeconomic models, microeconomic models of individual and household decisions to invest in human capital, agricultural household models, models of credit and insurance markets in developing countries, and a basic understanding of technology adoption decisions.
Audience: Graduate

2. Apply measures of poverty and inequality using household data.
Audience: Graduate

3. Identify and apply empirical approaches used to analyze problems in development, including the use of observational data, both cross-sectional and panel, natural experiments, and intentional experiments.
Audience: Graduate

4. Use economic models and empirical methods to evaluate development policy or issues relevant to developing economies and be able to clearly communicate this analysis orally and in writing.
Audience: Graduate

Learning Outcomes: 1. Summarize the breadth of topics that constitute the field of environmental economics.
Audience: Graduate

2. Use the field’s historical canon to organize current research topics.
Audience: Graduate

3. Critically read and assess research papers in the field.
Audience: Graduate

4. Identify knowledge gaps in the field.
Audience: Graduate

5. Demonstrate knowledge about significant research in the field by writing a literature summary.
Audience: Graduate

Learning Outcomes: 1. Quantify the timber and non-timber values of forest resources
Audience: Undergraduate

2. Describe and apply financial decision criteria to evaluate forest investments
Audience: Undergraduate

3. Explain how optimal rotation ages are determined and what factors affect this calculation
Audience: Undergraduate

4. Create harvest scheduling models and apply them to diverse landowner objectives
Audience: Undergraduate

5. Apply knowledge of mathematical models and financial theory to determine optimal rotation age for a given species and communicate findings in written and verbal formats
Audience: Undergraduate

Learning Outcomes: 1. Solve a constrained optimization problem by applying calculus rules.
Audience: Undergraduate

2. Create and interpret basic data visualizations.
Audience: Undergraduate

3. Articulate the law of large numbers as it pertains to empirical economic analysis.
Audience: Undergraduate

4. Determine statistical significance of parameter estimates & interpret the results.
Audience: Undergraduate

5. Use R for basic calculations and simulations.
Audience: Undergraduate

6. Explain statistical concepts to a general audience.
Audience: Undergraduate

Learning Outcomes: 1. Understand fundamentals of energy sources and technologies.
Audience: Both Grad & Undergrad

2. Be familiar with microeconomic theory with applications to energy industries and markets.
Audience: Both Grad & Undergrad

3. Build analytical skills in economic analysis and be able to apply the economic thinking to historical and contemporary energy-related issues.
Audience: Graduate

4. Analyze the causes of and solutions for the sustainability challenge of affordable and clean energy.
Audience: Both Grad & Undergrad

5. Apply sustainability principles and/or frameworks to addressing the challenge of affordable and clean energy.
Audience: Both Grad & Undergrad

Learning Outcomes: 1. Investigate a topic in conjunction with other investigators to develop a deep understanding of a research problem.
Audience: Undergraduate

2. Identify a research problem and develop a set of testable hypotheses.
Audience: Undergraduate

3. Carry out analysis using data and/or economic models related to the research problem under investigation.
Audience: Undergraduate

4. Communicate the results of investigations via written and/or oral means to an appropriate audience.
Audience: Undergraduate

5. Write an honors thesis that contains an abstract, background, a demonstration of research skills, analysis of the research question, and a summary of the impact of the work.
Audience: Undergraduate

Learning Outcomes: 1. Investigate a topic in conjunction with other investigators to develop a deep understanding of a research problem.
Audience: Undergraduate

2. Identify a research problem and develop a set of testable hypotheses.
Audience: Undergraduate

3. Carry out analysis using data and/or economic models related to the research problem under investigation.
Audience: Undergraduate

4. Communicate the results of investigations via written and/or oral means to an appropriate audience.
Audience: Undergraduate

5. Write an honors thesis that contains an abstract, background, a demonstration of research skills, analysis of the research question, and a summary of the impact of the work.
Audience: Undergraduate

Learning Outcomes: 1. Investigate a topic in conjunction with other investigators to develop a deep understanding of a research problem.
Audience: Undergraduate

2. Identify a research problem and develop a set of testable hypotheses.
Audience: Undergraduate

3. Carry out analysis using data and/or economic models related to the research problem under investigation.
Audience: Undergraduate

4. Communicate the results of investigations via written and/or oral means to an appropriate audience.
Audience: Undergraduate

5. Write a thesis that contextualizes the work, presents the research question, describes the analysis performed to answer the question, and analyzes the results.
Audience: Undergraduate

Learning Outcomes: 1. Investigate a topic in conjunction with other investigators to develop a deep understanding of a research problem.
Audience: Undergraduate

2. Identify a research problem and develop a set of testable hypotheses.
Audience: Undergraduate

3. Carry out analysis using data and/or economic models related to the research problem under investigation.
Audience: Undergraduate

4. Communicate the results of investigations via written and/or oral means to an appropriate audience.
Audience: Undergraduate

5. Write a thesis that contextualizes the work, presents the research question, describes the analysis performed to answer the question, and analyzes the results.
Audience: Undergraduate

Learning Outcomes: 1. Investigate a special topic in conjunction with the faculty member and other investigators to develop an understanding of how economists would approach this topic.
Audience: Undergraduate

2. Meet with the faculty member based on their requirements and demonstrate how the independent work is progressing.
Audience: Undergraduate

3. Communicate the results of investigations via written and/or oral means to an appropriate audience.
Audience: Undergraduate

Learning Outcomes: 1. Manipulate, organize, and visualize quantitative economic data using computer software
Audience: Graduate

2. Conduct statistical analyses and estimate basic linear regression models of economic data
Audience: Graduate

3. Correctly report and interpret results from statistical analyses of economic data in the context of informing managerial decisions
Audience: Graduate

4. Set up and solve linear and non-linear programming problems that inform economic decision-making using computer software
Audience: Graduate

5. Integrate uncertainty into the analysis of economic decisions and articulate how uncertainty influences managerial decisionmaking
Audience: Graduate

6. Effectively communicate verbally, visually, and in writing the process and results of data analysis for managerial decisionmaking
Audience: Graduate

Learning Outcomes: 1. Understand formal models of economic problems such as production and consumption allocations and the efficiency consequences.
Audience: Graduate

2. Employ analytical and mathematical models to analyze economic problems.
Audience: Graduate

3. Articulate and critique theories and practices in such analyses.
Audience: Graduate

4. Communicate clearly economic and policy issues related to such analyses.
Audience: Graduate

Learning Outcomes: 1. Evaluate the linkages between economic theory and the analysis of behavior under risk.
Audience: Graduate

2. Describe and employ alternative models used in risk analysis.
Audience: Graduate

3. Formulate, analyze and report on current and emerging issues related to risk assessment, risk management and public decision making related to risk management.
Audience: Graduate

4. Conduct applied risk analysis.
Audience: Graduate

Learning Outcomes: 1. Use Python and R to load, clean and visualize data.
Audience: Graduate

2. Prepare and manipulate/transform data to support analysis in Python and R.
Audience: Graduate

3. Create effective visualizations to communicate complex data.
Audience: Graduate

4. Implement Simple Linear Regression in Python and R.
Audience: Graduate

5. Apply the above R and Python methods to public-use datasets related to agricultural and applied economics.
Audience: Graduate

Learning Outcomes: 1. Explain, contrast and analyze the importance of topics related to business economics.
Audience: Graduate

2. Analyze contemporary macroeconomic theories, understand their relevant strengths and weaknesses, and apply them to the agricultural sector.
Audience: Graduate

3. Identify publicly available sources of data related to business economics, agribusiness and financial markets, download the data, create relevant graphs, and analyze the data and graphs in relation to topics learned in the class.
Audience: Graduate

4. Effectively communicate relevant ideas through writing and presentation.
Audience: Graduate

Learning Outcomes: 1. Understand and evaluate the arguments and methods of presentations from industry and academia.
Audience: Graduate

2. Employ the vocabulary relevant to an economics topic, understand the economic context for the issue, and pros/cons associated with potential solutions.
Audience: Graduate

3. Professionally present results of economic analysis.
Audience: Graduate

Learning Outcomes: 1. Understand what constitutes reader-friendly writing and use these elements in professional writing (executive summary, analysis reports, client memos etc.).
Audience: Graduate

2. Communicate with different target audiences, within specific word count and readability score limits.
Audience: Graduate

3. Summarize data analyses with different econometric models and explain their results to experts and non-experts.
Audience: Graduate

4. Place own or others’ analysis results into a larger context.
Audience: Graduate

Learning Outcomes: 1. Describe and explain the mechanics of basic machine learning methods
Audience: Graduate

2. Employ data exploration and visualization tools for analyzing large amounts of data
Audience: Graduate

3. Select model and conduct post-selection inference of high-dimensional data
Audience: Graduate

4. Apply machine learning methods on large data sets for economic and policy analysis
Audience: Graduate

5. Demonstrate the ability to use statistical packages for methods covered in the course
Audience: Graduate

Learning Outcomes: 1. Summarize different career paths for applied economists.
Audience: Graduate

2. Produce a suite of written materials, including a resume, curriculum vitae, online webpage and short project proposals.
Audience: Graduate

3. Identify and apply for specific jobs, including writing targeted cover letters.
Audience: Graduate

4. Organize and apply strategies for in-person interviewing by participating in practice interviews.
Audience: Graduate

Learning Outcomes: 1. Identify and clarify project objectives.
Audience: Graduate

2. Identify and prepare the data to be used to meet the project objectives.
Audience: Graduate

3. Develop the relevant analytical approach and the models to be used in the analysis.
Audience: Graduate

4. Conduct the analysis and report analysis results and conclusions in a written report.
Audience: Graduate

5. Communicate clearly both in written report and oral presentation relevant applied economic and policy issues in the analysis.
Audience: Graduate

Learning Outcomes: 1. Construct models of credit and insurance markets in developing countries and measure their impacts empirically.
Audience: Graduate

2. Measure corruption and governance and their impact on economic development.
Audience: Graduate

3. Use and evaluate econometric concepts including fixed effects, attenuation bias, and instrumental variables.
Audience: Graduate

4. Think critically about empirical research and write a referee report.
Audience: Graduate

Learning Outcomes: 1. Understand the general equilibrium approach to problems of economic growth and development.
Audience: Graduate

2. Understand intersectoral linkages in factor and product markets as well as the constraints imposed by resource endowments, international markets, and domestic technology and preferences.
Audience: Graduate

3. Apply models to parse the economic effects of exogenous events such as resource export booms, world market shocks and domestic policy innovations on prices, sectoral production, investment incentives, incomes and income distribution, and key measures of poverty and household welfare.
Audience: Graduate

4. Interpret the implications of these results for long-run economic growth and development, including some political economy aspects.
Audience: Graduate

5. Understand and work creatively with models of international trade and globalization insofar as they inform the development process.
Audience: Graduate

Learning Outcomes: 1. Explain and assess the concepts of causal inference and identification in econometric analyses.
Audience: Graduate

2. Articulate the necessary assumptions underpinning various applied identification strategies.
Audience: Graduate

3. Assess and critique specific applications of various identification strategies.
Audience: Graduate

4. Conduct and interpret econometric analyses applying various identification strategies using statistical software.
Audience: Graduate

5. Summarize ongoing debates about the validity of empirical research in economics including issues of internal validity, external validity, and replicability.
Audience: Graduate

Learning Outcomes: 1. Understand the tools used in applied policy analysis.
Audience: Graduate

2. Apply economic concepts to analyze efficiency and equity impacts of policies.
Audience: Graduate

3. Understand the role of uncertainty in analyzing impacts of policy.
Audience: Graduate

4. Understand how political factors may constrain or impact policy choices.
Audience: Graduate

Learning Outcomes: 1. Describe the general state and history of the American agricultural sector, agricultural policy, and the major subfields of agricultural economics.
Audience: Graduate

2. Apply and extend economic models in agricultural contexts to evaluate or predict economic behavior or outcomes.
Audience: Graduate

3. Conduct and interpret econometric analyses motivated by economic theory.
Audience: Graduate

4. Synthesize and summarize research in the field of agricultural economics through clear writing.
Audience: Graduate

5. Generate interesting and relevant research questions informed by the economic literature.
Audience: Graduate

Learning Outcomes: 1. Describe and evaluate information presented orally through the use of active listening skills
Audience: Graduate

2. Communicate orally and in writing with technical and non-technical audiences
Audience: Graduate

3. Apply communication skills to the larger context of strategic decision-making
Audience: Graduate

4. Assess the implications of management decisions
Audience: Graduate

5. Discuss professional ethics and norms, leadership styles, and business culture
Audience: Graduate

6. Develop written materials for the job-search
Audience: Graduate

7. Communicate formally and informally with potential employers
Audience: Graduate

Learning Outcomes: 1. Model the dynamic management of natural resources by rational economic actors.
Audience: Graduate

2. Apply appropriate methodologies to demonstrate the conditions under which benefits from resources are likely to be captured or dissipated by real world actors.
Audience: Graduate

3. Develop and hone presentation skills.
Audience: Graduate

4. Develop the beginning of their own research agenda.
Audience: Graduate

Learning Outcomes: 1. Read research papers with an eye towards understanding, critiquing, and extending research in environmental economics.
Audience: Graduate

2. Hone presentation skills related to peer interactions about research ideas.
Audience: Graduate

3. Develop a working knowledge of the frontier or research in key areas in environmental economics.
Audience: Graduate

4. Begin to develop their own research ideas.
Audience: Graduate

Learning Outcomes: 1. Give constructive peer feedback.
Audience: Graduate

2. Compose a dissertation proposal.
Audience: Graduate

3. Produce a clear and professional proposal defense presentation.
Audience: Graduate

4. Summarize the main characteristics of the data and empirical strategy for the dissertation.
Audience: Graduate

Learning Outcomes: 1. Analyze and critique research in applied economics.
Audience: Graduate

2. Evaluate the significance of current research in applied economics by presenting and/or critiquing scientific presentations.
Audience: Graduate

3. Synthesize the state of the literature related to the applied economics topic being studied.
Audience: Graduate

Learning Outcomes: 1. Explain the basic mechanics of performing a Cost Benefit Analysis, including methods for valuing costs and benefits, aggregating over time, and analyzing uncertainties.
Audience: Graduate

2. Evaluate the strengths and weaknesses of different CBAs and propose strategies to address any shortcomings.
Audience: Graduate

3. Debate the advantages and limitations of CBA for public policy and compare it to other approaches.
Audience: Graduate

4. Create a CBA for a real-world client from beginning to end, including scoping, background research, valuation of costs and benefits, uncertainty analysis, and interpretation.
Audience: Graduate

Learning Outcomes: 1. Apply theoretical knowledge gained in coursework to an experiential learning opportunity with a stakeholder business/organization
Audience: Graduate

2. Produce and deliver recommendations to stakeholder business/organization through a formal written report and professional oral presentation
Audience: Graduate

Learning Outcomes: 1. Conduct and report on applied economics research under the guidance of a qualified instructor.
Audience: Graduate

2. Develop novel research questions and propose methods to answer the questions using tools from applied economics.
Audience: Graduate

3. Connect their research clearly to other research in their field of study.
Audience: Graduate

Learning Outcomes: 1. Conduct and report on independent applied economics research topic under the guidance of a qualified instructor.
Audience: Graduate

2. Independently develop research questions in agricultural or applied economics.
Audience: Graduate

3. Connect their research to the broader literature and express where the research makes new contributions.
Audience: Graduate