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2001-2003 Catalog - University of Arkansas at Monticello

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124<br />

<strong>Arkansas</strong>-<strong>Monticello</strong><br />

Course Descriptions<br />

ACCT 4693 Federal Tax Accounting II<br />

3 credits: 3 hours lecture<br />

Prerequisite: ACCT 4683<br />

Income tax concepts, principles, practice. Instruction in<br />

tax planning, determin<strong>at</strong>ion, and return prepar<strong>at</strong>ion for<br />

individuals, businesses, and fiduciaries. Income, social<br />

security, payroll, and other federal tax programs.<br />

ACCT 4773 Auditing I<br />

3 credits: 3 hours lecture<br />

Prerequisites: ACCT 3413<br />

Basic functions/objectives <strong>of</strong> auditing, audit principles<br />

and procedures applic<strong>at</strong>ion; internal control prepar<strong>at</strong>ion<br />

<strong>of</strong> working papers; report writing; types <strong>of</strong> audits.<br />

ACCT 4783 Auditing II<br />

3 credits: 3 hours lecture<br />

Prerequisites: ACCT 4773<br />

Basic functions/objectives <strong>of</strong> auditing, audit principles<br />

and procedures applic<strong>at</strong>ion; internal control prepar<strong>at</strong>ion<br />

<strong>of</strong> working papers; report writing; types <strong>of</strong> audits.<br />

ACCT 479V Independent Study in Accounting<br />

Variable credit<br />

Consult the Independent Study Courses subheading in<br />

the Academic Regul<strong>at</strong>ions section <strong>of</strong> this c<strong>at</strong>alog for<br />

prerequisites and description.<br />

AGEC Courses<br />

(Agricultural Economics)<br />

AGEC 2273 Agricultural Economics<br />

3 credits: 3 hours lecture<br />

Applic<strong>at</strong>ion <strong>of</strong> economic principles to agriculture and<br />

their effect on the incomes and living standards <strong>of</strong> farm<br />

people; present-day farm economics in the United St<strong>at</strong>es.<br />

AGEC 4613 Agricultural Policy<br />

3 credits: 3 hours lecture<br />

Prerequisite: AGEC 2273 or ECON 2213<br />

A study <strong>of</strong> the effect <strong>of</strong> government agricultural policies<br />

on farm income, crop acreage, food supply, food prices,<br />

agricultural exports, trade barriers, world hunger, and<br />

economic development.<br />

AGEC 4623 Farm Management<br />

3 credits: 3 hours lecture<br />

Prerequisite: AGEC 2273 or ECON 2213<br />

Decision-making in the organiz<strong>at</strong>ion and oper<strong>at</strong>ion <strong>of</strong><br />

the farm business involving the use <strong>of</strong> basic principles <strong>of</strong><br />

farm management.<br />

AGEC 4683 Commodity Marketing<br />

3 credits: 3 hours lecture<br />

Prerequisite: AGEC 2273 or ECON 2213<br />

Economic aspects <strong>of</strong> the marketing <strong>of</strong> specific<br />

commodities. Factors affecting supply, demand, prices,<br />

trends, marketing methods, and distribution channels<br />

will be examined.<br />

AGEC 4703 Contract Marketing and Futures Trading<br />

3 credits: 3 hours lecture<br />

Prerequisite: AGEC 2273 or ECON 2213<br />

Theory and practice <strong>of</strong> trading in commodity futures: 1)<br />

hedging, 2) specul<strong>at</strong>or str<strong>at</strong>egies, 3) mechanics <strong>of</strong> the<br />

future market.<br />

AGEC 4713 Agricultural Finance<br />

3 credits: 3 hours lecture<br />

Prerequisite: AGEC 2273 or ECON 2213<br />

Methods and procedures <strong>of</strong> acquiring and utilizing<br />

funds. Emphasis is placed upon financial planning and<br />

financial firms serving agriculture.<br />

AGEC 479V Ind. Study in Agricultural Economics<br />

Variable credit<br />

Consult the Independent Study Courses subheading in<br />

the Academic Regul<strong>at</strong>ions section <strong>of</strong> this c<strong>at</strong>alog for<br />

prerequisites and description.<br />

AGEC 4803 Agribusiness Firm Management<br />

3 credits: 3 hours lecture<br />

Prerequisites: AGEC 2273 or ECON 2213.<br />

Applic<strong>at</strong>ion <strong>of</strong> economic decision-making processes as<br />

they rel<strong>at</strong>e to the management <strong>of</strong> agricultural businesses.<br />

AGEC 4813 Agricultural Price Analysis<br />

3 credits: 3 hours lecture<br />

Prerequisite: AGEC 2273 or ECON 2213.<br />

An applic<strong>at</strong>ion <strong>of</strong> economic theory to solve problems<br />

rel<strong>at</strong>ing to agricultural price analysis. Techniques for<br />

predicting price behavior and the rel<strong>at</strong>ionships between<br />

the general economy and prices <strong>of</strong> agricultural<br />

commodities will be analyzed.<br />

AGEC 4823 Economics <strong>of</strong> Environmental Mgmt.<br />

3 credits: 3 hours lecture<br />

Prerequisite: AGEC 2273 or ECON 2213<br />

An economic approach to problems <strong>of</strong> evalu<strong>at</strong>ing the<br />

priv<strong>at</strong>e and social benefits and costs <strong>of</strong> altering the<br />

environment. Emphasis will be placed on the problems<br />

associ<strong>at</strong>ed with determining and maintaining acceptable<br />

levels <strong>of</strong> environmental quality. These problems will deal<br />

with the interactions between individuals, institutions,<br />

technology and the environment.

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