ARE 1110E. Population, Food, and the Environment

A. McDonnell, M W 2:00-3:15, RHBA 201

The role of agriculture in the growth and development of societies throughout the world. Economic, social, and environmental problems of food production and resource needs in developing and advanced societies. CA 2.

ARE 1333Q.  Introduction to Data and Visualization

J. Liu M W 12:30-1:45, BPB 130

The use of Excel tools and commands to organize, analyze, and interpret data and create reports that can be understood by lay audiences in an increasingly data-driven world.

ARE 1400. Pricing Pleasure: Controversial Consumption (new class!)

E. Bojinova, M W 3:30-4:45, YNG 132

Interdisciplinary exploration of the complex and often controversial production, trade, and consumption of global commodities such as chocolate, coffee, fast fashion, and marine-based resources through both economic and social perspectives. The specific goods studied may change over time to explore timely issues relevant to society. Examines the hidden costs of production - including labor exploitation, environmental degradation, and social injustice - while also considering market dynamics, ethics of consumption, fair trade, and sustainability. Through discussions, in-class activities, and collaborative projects, students develop critical thinking, ethical reasoning, and global awareness.

ARE 2155. Imperfect Competition and Behavioral Economics

J. Somers, Tu Thu 9:30-10:45, YNG 327

Extension of intermediate microeconomic theory to include noncompetitive markets and psychology to consumer behavior. Topics include monopolies and oligopolies (and their welfare implications); game theory (including adverse selection and moral hazard); and behavioral economics (such as time inconsistency, loss aversion, and pro-social preferences). Emphasis will be placed on real-world applications of theory in agriculture, health, natural resources, and the environment.

Enrollment Requirements: ARE 2150 or ECON 2201 or 2211Q.

ARE 2215. Business Management

C. Connolly, Tu Th 3:30-4:45, YNG 327

Analysis of marketing, management, and financial decision-making tools in agribusiness. Formerly offered as ARE 3215.

ARE 2250E. Energy Economics: Sustainable Transitions

E. Katovich, Tu Th 11:00-12:15, YNG 132

Application of economics theory, methods and concepts to focus on electricity markets, electricity generation, financing of the power transmission grid, regulation, policies and the welfare effects of policies within the current generation and implications for future generations. Topics include energy demand and supply, energy pricing, the environmental consequences of energy consumption and production, the regulation and design of energy systems and markets, and economics of policies designed to facilitate transitions to carbon neutrality, such as carbon credits, offsets, and renewable portfolio standards. Lectures, computer applications with data, analysis of current events, and class discussions.

Enrollment Requirements:  ARE 1150 or ECON 1200 or ECON 1201.

Skill Codes: COMP; Topics of Inquiry: TOI4

ARE 2434E. Environmental and Resource Policy

C. Towe, Tu Th 12:30-1:45, RHBA 201

Emergence of environmental policies from the local, legal, and regulatory angles. Formalization and structure of environmental policy with a focus on the hurdles, design, and implementation of policy, particularly air and water policy. Suitable for all majors.

Skill Codes: COMP; Topics of Inquiry: TOI4

ARE 2435W. Writing in Environmental and Resource Policy

Staff, 001: M 10:10-11:00, YNG 132

Staff, 002: W 9:05-9:55, YNG 132

A writing intensive course integrated with course content in ARE 2434E. Formerly offered as ARE 3440W.

Enrollment Requirements: ARE 2434E, which may be taken concurrently; ENGL 1007 or 1010 or 1011 or 2011; open only to Environmental and Natural Resource Economics, Economics of Sustainable Development and Management, and Applied and Resource Economics majors, others by consent.

Skill Codes: COMP

ARE 2464. Measuring Impact of Programs that Raise Human Well-Being

N. Fiala, M W 3:30-4:45, YNG 327

The theory and practice behind measuring impacts and costs of programs that raise human welfare through poverty alleviation, economic development, and social and environmental justice. Case studies will show how governments and organizations can best optimize programming. Examples include how to increase incomes and farm productivity, how to decrease disease and child mortality, and how to improve resilience to climate change. Topics include survey design, performance indicators, the logical framework and results matrix, sample design, impact evaluation methodologies and project appraisal.

Enrollment Requirements: Recommended preparation: ARE 1150 or ECON 1200 or 1201. Not open to students who have completed ARE 3464.

ARE 3221. Managerial Economics and Business Strategies

C. Connolly, Tu Th 2:00-3:15, YNG 132

The application of microeconomic analysis to decision-making techniques of businesses and management units with a particular focus on the food industry covering topics such as electing or developing products, deciding on product output and pricing, organizational design, promotional strategies, worker hiring and training, and investment and financing.

Enrollment Requirements: ARE 1150 or ECON 1200 or ECON 1201. Recommended preparation: MATH 1071Q or 1110Q or 1120Q or 1131Q or 1151Q; or STAT 1000Q or STAT 1100Q.

ARE 3305E.  Economic Development, Environment, and Policy

E. Bojinova, M W 12:30-1:45, YNG 132

Integrating the topics of economic development and the environment. Overview of economic development and growth in developed and developing nations. Classical and modern theories of economic growth and measures of economic inequality. Population growth, sustainable economic development, rural-urban interactions, agricultural transformation, and impacts on the environment. The role of education and health, policies for economic development, and climate adaptation.

Enrollment Requirements: ARE 1150 or ECON 1201 or ECON 1200; Skill Codes: COMP; Topics of Inquiry: TOI4

ARE 4205/5205. Market Plan Survey Research

C. Connolly, Tu Thu 5:00-6:15, YNG 132

Overview of market planning in the food industry, with emphasis on survey design and implementation. Student groups will work with clients to develop tailored market plans.
Enrollment Requirements: ARE 1150 or ECON 1200 or 1201; ARE 3333 or ECON 2911Q.

ARE 4215/5215. Sustainable Business Planning 

B. LaFauci, Tu Th 9:30-10:45, YNG 128

The practice of creating a sustainable business plan as a critical step for entrepreneurial success. In this class you will learn principles of marketing, financial and human resource management as well as budgeting techniques and the legal and organizational structure of businesses while creating a sustainable business plan.

Enrollment Requirements: ARE 2210 and ARE 2215 or equivalent courses only with instructor's consent. Open to Juniors and Seniors. Not open for credit to students who have passed ARE 5215.

ARE 4217.  Business Finance and Investment Management

B. LaFauci, Tu Th 8:00-9:15, YNG 132

Theory and practice of business finance and investment management, including sources of funding, the capital structure of corporations, the actions that managers take to increase the value of the firm, and the tools and analysis used to allocate financial resources. Emphasis on investment decision-making, corporate risk management, capital flow management, and mergers and acquisitions. Use of real-world applications to provide students with a solid background in the economic theory of business finance and investment management in food and resource industries.

Enrollment Requirements: ARE 1150 or ECON 1200 or 1201; open to juniors or higher.

ARE 4462E/5462.  Environmental and Resource Economics

S. Farhed, M W 2:00-3:15, YNG 132

Natural resource use and environmental quality analysis using economic theory. Reviews of empirical research and relevant policy issues.

Enrollment Requirements: ARE 1150 or ECON 1200 or ECON 1201; MATH 1071Q or 1110 or 1120 or 1126 or 1131Q; open to juniors or higher. Credit may not be received for both ARE 4462 and 5462.

Skill Codes: COMP; Topics of Inquiry: TOI4

ARE 4464.  Cost-Benefit Analysis and Applications

Staff, M 5:00-7:30, YNG 132

Foundations and applications of cost-benefit analysis for evaluation of public policies relevant to environment, protection, health, economic development, and other public policies. Applications include data-driven assignments and analysis.

Enrollment Requirements:  ARE 2150, or equivalent course in intermediate microeconomics with instructor consent.; not open for credit to students who have passed ARE 5464.

ARE 5313/6313.  Applied Econometrics II 

J. Somers, 11:00-12:15, YNG 304

Econometric methods used in contemporary applied economic data analysis to examine causal relationships as well as machine learning techniques. Covered techniques include, but are not limited to, difference-in-differences, instrumental variables, regression discontinuity, synthetic control methods, and causal forest. Emphasis in lecture will be placed on formulating identification strategies and implementing in standard statistical software (of the student's choosing).

ARE 5353. Data Ethics and Equity in the Era of Misinformation

A. Kuye, M W 5:05-5:55, YNG 327

This course will introduce students to issues of ethics and equity in the contemporary practice of data science. The ability to collect, store, process, and analyze ever greater amounts of data offers great opportunities, as well as potential perils. This course will provide examine the ethical implications of data collection, usage, and distribution. Topics will include systematic approaches to assessing ethical issues; privacy and confidentiality; defining research and the responsibilities associated with conducting ethical research; implicit and structural biases in data collection and analysis.

ARE 5440/6440.  Global Energy Transitions

E. Katovich, Tu Th 2:00-3:15, YNG 304

Recent theoretical and empirical research on the economics of clean energy transitions from a global perspective. Topics include fossil fuel extraction, critical minerals and metals, renewable and green technologies, and challenges involved in decarbonizing electricity generation and consumption. Cross-cutting themes include energy poverty and development, industrial and climate policies, environmental impacts, and political economy. Focus on developing data-driven research and empirical estimation.

Enrollment Requirements: ARE 5201 or ECON 5201 or equivalent graduate-level microeconomics course with instructor approval; ARE 5311 or ECON 5311 or equivalent graduate-level econometrics course with instructor approval. Not open for credit to students who have passed ARE 6440.

ARE 5474/6474*.  Industrial Organization: Empirical Analysis

R. Lopez, M W 8:15-9:30, YNG 304

Analysis of the structure, conduct, and performance of industries with examples from the food sector and other industries. Explains the development of testable hypotheses from theory, empirical methods, evidence on the level and type of competition, economies of size, product differentiation, entry barriers, and the impact of alternative organizational forms including cooperatives on economic performance.

*Enrollment Requirements (ARE 6474): ARE 5201, ECON 5201, or equivalent. Recommended preparation: ECON 6201 or equivalent; ARE 6311, ECON 6310, or equivalent.

ARE 6305.  Business Finance and Investment Management

N. Fiala, Tu Th 12:30-1:45, YNG 304

Overview of the current applied literature on the microeconomics of development in poor countries, as well as examples from the US. Topics include the role of land policies, agriculture, human capital, health, education, the internal structure of households (neoclassical and bargaining) and the functioning of markets.

Enrollment Requirements: ARE 5311 or ECON 5311 or equivalent.

ARE 6495.  Graduate Research Seminar

E. Katovich, F 2:00-3:15, YNG 304

Participation in research seminars presented by invited scholars and departmental faculty as well as active presentation of students' own research to colleagues and faculty.