Montana State University
MSU Catalog > Departmental Courses > Department of Agricultural Econ & Econ Courses

Course Equivalency Tool (Montana University System Common Course Changes)

Courses from the Department of Agricultural Econ & Econ

     AGEC & ECNS


AGEC 210IS Econ of Ag Business
AGEC 290R Undergraduate Research
AGEC 291 Special Topics
AGEC 292 Independent Study
AGEC 315 Ag in a Global Context
AGEC 321 Econ of Ag Mktg
AGEC 337 Agricultural Law
AGEC 341 Farm & Ranch Management
AGEC 345 Ag Finance & Credit Analysis
AGEC 394 Seminar
AGEC 421 Adv Agricultural Mktg
AGEC 445 Agribusiness Management
AGEC 451RS Economic of Ag Policy
AGEC 467 Quant Meth in Econ
AGEC 470 Independent Study
AGEC 490R Undergraduate Research
AGEC 491 Special Topics
AGEC 589 Graduate Consultation
AGEC 590 Master's Thesis

ECNS 101IS Economic Way of Thinking
ECNS 105 Study Econ Way of Thinking
ECNS 132 Econ & the Environment
ECNS 202 Principles of Macroeconomics
ECNS 204IS Microeconomics
ECNS 206 Study in Princ Macroeconomics
ECNS 251ISHonors Economics
ECNS 290R Undergraduate Research
ECNS 291 Special Topics
ECNS 292 Independent Study
ECNS 301 Intermediate Micro with Calc
ECNS 303 Intermediate Macro with Calc
ECNS 305R Peer Leadership in Economics
ECNS 309 Managerial Economics
ECNS 311 Int Micro with Econ Ed Apps
ECNS 312 Labor Economics
ECNS 313 Money and Banking
ECNS 314 International Economics
ECNS 317 Economic Development
ECNS 320 Public Finance
ECNS 332 Econ of Natural Resources
ECNS 345 Econ Org, Fin, & Credit
ECNS 372 Economic History of US
ECNS 394 Seminar
ECNS 401 Microeconomic Theory
ECNS 403R Intro to Econometrics
ECNS 406 Industrial Organization
ECNS 432R Benefit-Cost Analysis
ECNS 490R Undergraduate Research
ECNS 491 Special Topics
ECNS 492 Independent Study
ECNS 494 Seminar
ECNS 501 Microeconomic Theory
ECNS 502 Macroeconomic Theory
ECNS 561 Econometrics I
ECNS 562 Econometrics II
ECNS 569 Research Methodology
ECNS 575 Professional Paper and Project
ECNS 589 Graduate Consultation
ECNS 590 Master's Thesis
ECNS 591 Special Topics
ECNS 592 Independent Study
ECNS 594 Seminar

AGEC 210IS Econ of Ag Business
Offered Spring Semesters
PREREQUISITE: ECNS 101.
-- This course provides an introduction to marketing, trade, risk, strategic, resource, and financial management of farms/ranches and agribusiness firms in the domestic and global economy. Basic economic principles will be applied to farm/ranch and agribusiness management, marketing, and international agricultural trade issues.

AGEC 290R Undergraduate Research
Offered Fall, Spring, Summer Semesters
PREREQUISITE: ECNS 101 and consent of instructor.
-- Intended for lower division undergraduate research/undergraduate scholars program. The student will work closely with the supervising faculty. Course will address responsible conduct of research.

AGEC 291 Special Topics
On Demand Maximum 12 cr.
PREREQUISITE: None required but some may be determined necessary by each offering department.
-- Courses not required in any curriculum for which there is a particular one time need, or given on a trial basis to determine acceptability and demand before requesting a regular course number.

AGEC 292 Independent Study
On Demand IND Maximum 6 cr.
PREREQUISITE: Consent of instructor and approval of department head.
-- Directed research and study on an individual basis.

AGEC 315 Ag in a Global Context
S to be offered alternate years.
PREREQUISITE: ECNS 204 or BIOB 110 or ANSC 262 and consent of instructor.
-- The primary goal of this course is to provide students with an integrated view of the science, technology, production practices, product handling, product marketing system, and end uses for agricultural products produced in Montana.

AGEC 321 Econ of Ag Mktg
Offered Fall Semesters
PREREQUISITE: ECNS 204 or ECNS 251.
-- Issues in marketing agricultural products and the economic principles that assist in analysis of these issues. Factors affecting market prices, and topics associated with methods of marketing are considered. Emphasis on Montana products.

AGEC 337 Agricultural Law
Offered Fall, Spring Semesters
PREREQUISITE: Junior standing.
-- Application of general principles of law to ownership and operation of farming business and its relationship with other agribusiness firms, government agencies and people.

AGEC 341 Farm & Ranch Management
S
PREREQUISITE: ECNS 204 or ECNS 251 and ECNS 309.
-- Basic tools of economic decision making useful to farm and ranch managers are examined.

AGEC 345 Ag Finance & Credit Analysis
F
PREREQUISITE: ECNS 204 or ECNS 251.
-- Alternatives available to farmers for acquiring and maintaining control over resources used in agriculture production. Emphasis is on the management of cash, credit, debt, taxes, and interest in relation to agricultural price levels and general economic conditions. Cross-listed with ECNS 345.

AGEC 394 Seminar
Offered Fall, Spring Semesters
PREREQUISITE: Junior standing.
-- Current agricultural problems and writings of people in the profession. Topics vary each semester; check with the department before registering.

AGEC 421 Adv Agricultural Mktg
S, alternate years, to be offered even years.
PREREQUISITE: AGEC 321.
-- Economic analysis of current issues in agricultural marketing including market structure, risk, and efficiency; commodity promotion; futures and options markets; price forecasting; and retained ownership options.

AGEC 445 Agribusiness Management
S, alternate years, to be offered odd years.
PREREQUISITE: ECNS 301, STAT 216, and either AGEC 345 or BFIN 352.
-- Senior capstone course. Students are expected to use tools and concepts developed in earlier course work to address typical problems faced by agribusiness and agricultural producers. Case studies modified from actual situations are used extensively.

AGEC 451RS Economic of Ag Policy
Offered Fall Semesters
PREREQUISITE: ECNS 301.
-- Senior capstone course. Consideration of the economic problems of American agriculture and of alternative solutions. Rigorous analysis of the causes and consequences of government programs (both past and present) on consumers, producers, and taxpayers.

AGEC 467 Quant Meth in Econ
Offered Fall Semesters
PREREQUISITE: ECNS 301, M 221 and approval of instructor.
-- Static and dynamic optimization models in economics. Nonlinear and dynamic programming models are introduced. Emphasis on formulating economic and management problems in terms of quantitative models.

AGEC 470 Independent Study
On Demand
PREREQUISITE: Junior standing, consent of instructor, and approval of department head.
-- Directed research and study on an individual basis.

AGEC 490R Undergraduate Research
Offered Fall, Spring, Summer Semesters
PREREQUISITE: ECNS 204, junior standing, and approval of instructor.
-- Intended for upper division undergraduate research/undergraduate scholars program. The student will work closely with the supervising faculty. Course will address responsible conduct of research.

AGEC 491 Special Topics
On Demand
PREREQUISITE: Course prerequisites are dependent on the offering.
-- Courses not required in any curriculum for which there is a particular one-time need, or given on a trial basis to determine acceptability and demand before requesting a regular course number.

AGEC 589 Graduate Consultation
Offered Fall, Spring, Summer Semesters
PREREQUISITE: Master's standing and approval of the Dean of Graduate Studies.
-- This course may be used only by students who have completed all of their coursework (and thesis, if on a thesis plan) but who need additional faculty or staff time or help.

AGEC 590 Master's Thesis
Offered Fall, Spring, Summer Semesters
PREREQUISITE: Master's standing.
--May be repeated.


ECNS 101IS Economic Way of Thinking
Offered Fall, Spring Semesters
--Introduces important tools and methods of economics, including the core reasoning that underlies decision-making, analytical thinking and problem solving, demand and supply analysis, and indicators of economic performance. Emphasis is on application of the tools of economics to current issues of social and personal importance.

ECNS 105 Study Econ Way of Thinking
F,S
COREQUISITE: ECNS 101.
-- Optional directed study in a small group setting for ECNS 101 students. Students meet weekly in small groups to review ECNS 101 concepts, gain additional practice with economic problems, and complete in-class problem sets.

ECNS 132 Econ & the Environment
On demand
PREREQUISITE: ECNS 101.
-- This course includes topics on renewable (fisheries, wildlife, surface water use) and non-renewable (oil, natural gas, minerals) natural resource issues, environmental resources (public lands, resource preservation), pollution control issues, and the global environment (including climate change, biodiversity and population).

ECNS 202 Principles of Macroeconomics
Offered Fall, Spring, Summer Semesters
PREREQUISITE: ECNS 101.
-- Topics include inflation, unemployment, interest rates, money, and the impact of government surpluses or deficits. Government policies of growth, employment, income distribution, and international trade are examined.

ECNS 204IS Microeconomics
Offered Fall, Spring, Summer Semesters
PREREQUISITE: ECNS 101.
-- Consumer theory and the theory of the firm are utilized to show how independent decisions by consumers and firms interact in markets to determine the price and output of goods and services.

ECNS 206 Study in Princ Macroeconomics
Offered Fall, Spring Semesters
COREQUISITE: ECNS 202.
--Optional directed study in a small group setting for ECNS 202 students. Students meet weekly in small groups to review ECNS 202 concepts, gain additional practice with economic problems, and complete in-class problem sets.

ECNS 251IS Honors Economics
S
-- Economic principles are introduced and applied to a wide range of contemporary and historical problems including legal, environmental, resource, health, taxation, poverty, economic development, and macroeconomic policy issues.

ECNS 290R Undergraduate Research
Offered Fall, Spring, Summer Semesters
PREREQUISITE: ECNS 101 and approval of instructor.
-- Intended for lower division undergraduate research/undergraduate scholars program. The student will work closely with the supervising faculty. Course will address responsible conduct of research.

ECNS 291 Special Topics
On Demand
PREREQUISITE: Dependent on the offering.
-- Courses not required in any curriculum for which there is a particular one-time need, or given on a trial basis to determine acceptability and demand before requesting regular course number.

ECNS 292 Independent Study
Offered Fall, Spring, Summer Semesters
PREREQUISITE: Consent of instructor and approval of department head.
-- Directed research and study on an individual basis.

ECNS 301 Intermediate Micro with Calc
F,S
PREREQUISITE: ECNS 204 or ECNS 251, M 161 or M 171.
-- A study of microeconomic theory and selected applications with emphasis on theory of consumer behavior and theory of the firm. A major objective of the course is to prepare students for additional upper-division courses in economics.

ECNS 303 Intermediate Macro with Calc
Offered Fall, Spring Semesters
PREREQUISITE: ECNS 202 and ECNS 204 or ECNS 251; M 161 or M 171.
-- The economic theory of economy-wide aggregates such as national income, levels of employment, income distribution; the determinants of the performance of entire economies: nations, groups of nations, and the world.

ECNS 305R Peer Leadership in Economics
Offered Spring Semesters
PREREQUISITE: ECNS 301 and by consent of instructor.
-- Teaches leadership through peer instruction of ECNS 101 students. Students lead economics study labs, study and implement effective economics pedagogical techniques analyze and communicate to others regarding economic problem solving, and conduct research on economics pedagogy.

ECNS 309 Managerial Economics
Offered Spring Semesters
PREREQUISITE: ECNS 204 or ECNS 251, M 161 or M 171.
-- An integration of various principles and concepts from different areas of economics. These are combined with several tools of analysis and related to problems of economic decision making and policy formulation at the firm level.

ECNS 311 Int Micro with Econ Ed Apps
On Demand
PREREQUISITE: ECNS 204 or ECNS 251 or consent of instructor.
-- A study of microeconomic theory with selected applications in the area of the economics of education and emphasis on the theory of the behavior of consumers, firms, non profit organizations and government agencies, and welfare economics. Applications will address issues such as the labor market for primary and secondary school teachers, the effects of voucher programs on the quality of public and private education, and the returns to primary and secondary education.

ECNS 312 Labor Economics
S, to be offered alternate years.
PREREQUISITE: ECNS 204 or ECNS 251.
-- Economics of labor markets, wage determination, and human capital. The theoretical framework of labor market analysis is presented, along with empirical research results and descriptive aspects of current labor issues.

ECNS 313 Money and Banking
S
PREREQUISITE: ECNS 202 or ECNS 251.
-- Principles and problems of money, banking, and credit. Monetary and banking history; monetary theory and policy; structure and operation of our financial system.

ECNS 314 International Economics
Offered Fall Semesters
PREREQUISITE: ECNS 204 or ECNS 251.
-- A survey of international economic theory and policy. Major concepts explored are comparative advantage, impacts of tariffs, exchange rates, and international payments.

ECNS 317 Economic Development
S, to be offered alternate years.
PREREQUISITE: ECNS 204 or ECNS 251.
-- The plight of the world's low income countries, and the many national and international programs devoted to its alleviation. Primary emphasis directed to economic factors, but attention given to political and social characteristics vital to economic development.

ECNS 320 Public Finance
F
PREREQUISITE: ECNS 204 or ECNS 251.
-- Analysis of public expenditure programs, government behavior, and public decision making. Topics such as health care and welfare programs, and principles of taxation will be covered.

ECNS 332 Econ of Natural Resources
F
PREREQUISITE: ECNS 204 or ECNS 251.
-- Economic principles regarding the allocation and use of natural resources and the impact of institutional factors within which these decisions are implemented. Emphasis on property rights, economic rent, and impact of regulations on resources such as forests, fisheries, land, and water.

ECNS 345 Econ Org, Fin, & Credit
Offered Fall Semesters
PREREQUISITE: ECNS 204 or ECNS 251.
-- Alternatives available to business owners for acquiring and maintaining control over resources used in production. Emphasis is on the management of cash, credit, debt, taxes, and interest in relation to price levels and general economic conditions. Primary focus is the agriculture industry. Cross-listed with AGEC 345.

ECNS 372 Economic History of US
On Demand
PREREQUISITE: ECNS 101 or ECNS 251.
-- Interpretation of American economic growth in the context of economic theory. Examines specific issues in U.S. history while focusing on the question of how the U.S. has been able to sustain increases in per capita income.

ECNS 394 Seminar
Offered Fall, Spring Semesters
PREREQUISITE: ECNS 204 or ECNS 251 or consent of instructor.
-- Current economic problems and current writings of people in the profession. Topics vary each semester; students should check with the department before registering.

ECNS 401 Microeconomic Theory
Offered Fall Semesters
PREREQUISITE: ECNS 204 or ECNS 251 or consent of instructor.
-- Current economic problems and current writings of people in the profession. Topics vary each semester; students should check with the department before registering.

ECNS 403R Intro to Econometrics
Offered Spring Semesters
PREREQUISITE: ECNS 204 and STAT 216 and M 161.
-- Senior capstone course. Statistical analysis and interpretation of quantitative data in economics. Focus on estimating economic relationships and conducting hypothesis testing in economics. Utilizes cutting-edge statistical software packages and real data to apply economic methods to problems in business, economics, and public policy.

ECNS 406 Industrial Organization
F
PREREQUISITE: ECNS 301.
-- Offers students the opportunity to use training in price theory by focusing on issues concerned with public policy toward business. The subject matter should appeal to students in pre-law and business as well as economics majors.

ECNS 432R Benefit-Cost Analysis
S
PREREQUISITE: ECNS 301.
-- Senior capstone course. Applied welfare economics and methods and criteria for evaluating benefits and costs of public policies and investment. Applications include environmental and natural resource issues.

ECNS 490R Undergraduate Research
Offered Fall, Spring, Summer Semesters
PREREQUISITE: ECNS 204, junior standing, and approval of instructor.
-- Intended for upper division undergraduate research/undergraduate scholars program. The student will work closely with the supervising faculty. Course will address responsible conduct of research.

ECNS 491 Special Topics
On Demand
PREREQUISITE: Determined by each offering.
-- Courses not required in any curriculum for which there is a particular one-time need, or given on a trial basis to determine acceptability and demand before requesting a regular course number.

ECNS 492 Independent Study
On Demand
PREREQUISITE: Junior standing, consent of instructor, and approval of department head.
-- Directed research and study on an individual basis.

ECNS 494 Seminar
On Demand 1
PREREQUISITE: Junior standing and as determined for each offering.
-- Topics offered at the upper division level which are not covered in regular courses. Students participate in preparing and presenting discussion material.

ECNS 501 Microeconomic Theory
S
PREREQUISITE: ECNS 401.
-- Economic models of optimization as they apply to consumer and firm decision making. Topics covered include comparative statics, theory of the firm and consumer, and consumer and producer surplus.

ECNS 502 Macroeconomic Theory
S
PREREQUISITE: ECNS 303.
-- Systematic review of accepted macroeconomic theory and critical study of the functional relationships contained therein.

ECNS 561 Econometrics I
Offered Fall Semesters
PREREQUISITE: ECNS 301, STAT 216, M 221.
-- The use of regression analysis in the estimation of economic relationships, with emphasis on development of the least squares technique, the properties of estimators, and hypothesis testing in the context of the regression model.

ECNS 562 Econometrics II
Offered Spring Semesters
PREREQUISITE: ECNS 561.
-- Course consists of theoretical and applied econometrics of static and dynamic structural models, primarily using time-series data. Single equations and system of equations are evaluated. Estimation properties specific to statistical problems, dynamic adjustments to economic behavior, and model forecasting are emphasized.

ECNS 569 Research Methodology
F
PREREQUISITE: Graduate standing, ECNS 301, ECNS 303.
-- The research process as a means of acquiring knowledge which is reliable and relevant to problems.

ECNS 575 Professional Paper and Project
Offered Fall, Spring, Summer Semesters
Max 6 cr.
PREREQUISITE: Graduate standing.
-- A research or professional paper or project dealing with a topic in the field. The topic must have been mutually agreed upon by the student and his or her major advisor and graduate committee.

ECNS 589 Graduate Consultation
Offered Fall, Spring, Summer Semesters
PREREQUISITE: Master's standing and approval of the Dean of Graduate Studies.
-- This course may be used only by students who have completed all of their course work (and thesis, if on a thesis plan) but who need additional faculty or staff time or help.

ECNS 590 Master's Thesis
F,S,Su
PREREQUISITE: Master's standing. May be repeated.

ECNS 591 Special Topics
On Demand
PREREQUISITE: Upper division courses and others as determined for each offering.
-- Courses not required in any curriculum for which there is a particular one-time need, or given on a trial basis to determine acceptability and demand before requesting a regular course number.

ECNS 592 Independent Study
On Demand
PREREQUISITE: Graduate standing, consent of instructor, and approval of department head and Dean of Graduate Studies.
-- Directed research and study on an individual basis.

ECNS 594 Seminar
On Demand
PREREQUISITE: Graduate standing or seniors by petition. Course prerequisites as dependent on the offering.
-- Topics offered at the graduate level which are not covered in regular courses. Students participate in preparing and presenting discussion material.



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