106 / FIELDS OF INSTRUCTION REE 6946-Internship (1-3;max: 10) Prereq: at leastone semester of graduate work in real estate. Work experience in a real estate office for graduate students who intend to become professional appraisers and analysts. S/U. REE 6957-Internationatil Studies in Real Estate (1-4; max: 12) Prereq: admission to approved study abroadprogram andpermis- sion of department. S/U. REE 6970-Appraisal Demonstration Report (6) A major work requiring students to integrate knowledge and analytical tools developed through course work and internship. Substantial re- search effort comprising market data collection and analysis undertaken during internship. Required for nonthesis option. REE 6971-Research for Master's Thesis (1-15) S/U. REE 7920-Real Estate Research Workshop (3; max: 6) Analysis of current research topics. Paper presentation and critiques by doctoral students, faculty, and visiting scholars. REE 7979-Advanced Research (1-9) Research for doctoral stu- dents before admission to candidacy. Designed for students with a master's degree in the field of study or for students who have been accepted for a doctoral program. Not open to students who have been admitted to candidacy. S/U. REE 7980-Research for Doctoral Dissertation (1-15) S/U. RMI 6195-Seminar in Life Insurance (3) Prereq: RMI 4135. Problems in life insurance and related fields. RMI 6296-Seminar in Property and Liability Insurance (3) Prereq: RMI 3206, 3207. Meaning, economic influences, social values, principles, and practices of property and liability insur- ance. RMI 6905-Individual Work in Risk Management and Insurance (1-4; max: 7) Prereq: permission of department and Director of Graduate Studies. RMI 6910--Supervised Research (1-5; max: 5) S/U. RMI 6936-Problems in Risk Management (3) Insurance hazards of business concerns and governmental units, with consideration of insurance protection available. RMI 6957-International Studies in Insurance (1-4; max: 12) Prereq:admission to approved study abroadprogram andpermis- sion of department. S/U. RMI 6971-Research for Master's Thesis (1-15) S/U. RMI 7979-Advanced Research (1-9) Research for doctoral students before admission to candidacy. Designed for students with a master's degree in the field of studyor for students who have been accepted for a doctoral program. Not open to students who have been admitted to candidacy. S/U. RMI 7980-Research for Doctoral Dissertation (1-15) S/U. FOOD AND RESOURCE ECONOMICS College of Agriculture GRADUATE FACULTY 1992-93 Chairman:L. W. Libby. Graduate Coodinator:R. L. Kilmer. Graduate Research Professor: U. Lele. Ben Hill Griffin, Jr., Professor of Agricultural Marketing: E. M. Babb. Distin- guished Service Professors: C. G. Davis; K. W. Kepner. Professors:J. Alvarez; C. O. Andrew; R. P. Beilock; W. G. Boggess; R. R. Carriker; J. C. Cato; R. L. Clouser; R. L. Degner, J. K. Dow; H. E. Drummond; R. D. Emerson; G. F. Fairchild; C. H. Gladwin; J. R. Gordon; P. E. Hildebrand; J. Holt; C. F. Kiker; R. L. Kilmer; M. R. Langham; J. Y. Lee; L. W. Libby; B. F. Long; G. D. Lynne; J. W. Milon; W. D. Mulkey; L. C. Polopolus; J. E. Reynolds; J. S. Shonkwiler; J. R. Simpson; T. H. Spreen; T. G. Taylor; K. R. Tefertiller; R. W. Ward; P. J. van Blokland; J. J. VanSickle. Associate Professors: C. M. Adams; R. M. Behr; M. G. Brown; R. J. Burkhardt; D. A. Comer; M. T. Olexa; J. L. Seale; D. A. Zimet. Assistant Professors:J. J. Haydu; C. B. Moss; E. M. Thunberg; R. N. Weldon. The degrees of Master of Agricultural Management and Resource Development (nonthesis), Master of Science (the- sis and nonthesis option), and Doctor of Philosophy are offered. Areas of specialization include agricultural busi- ness management, marketing, production, economic de- velopment, econometrics, and resource and environmental economics. The Department participates in the programs of the Centers for Latin American Studies, African Studies, Tropical Agriculture, and Environmental Programs, and the Florida Sea Grant College Program. Students who hold a bachelor's degree with their major fields of study in areas other than food and resource economics should consult with the Graduate Coordinator concerning acceptance for graduate study. In addition to the courses listed, there are seminars for organized discussion of current topics and for review of graduate student's research. AEB 6106-Microeconomic Principles and Analysis (3) Prereq: ECO 3101 and AEB 4511 or equivalents. Economics as a behavioral science describing actions of consumers and produc- ers interacting in the market process; welfare economics; property rights; competition and equilibrium. Institutional backdrop for market process. Problem solving using economic principles. AEB 6145-Agricultural Finance (3) Prereq:ECO3101 Principles of firm financial management, agricultural finance and financial institutions, capital theory, firm growth, and investment analysis. Emphasis on theory and application of financial principles. AEB 6182-Agricultural Risk Analysis and Decision Making (3) Prereq:AEB 6106 orequivalent. Review of conceptual framework and research methods for analysis of decision-making by agricul- tural producers. Expected utility theory, risk programming, sto- chastic dominance, and dynamic decision models. AEB 6184-Economics of Agricultural Production (3) Prereq: AEB 4511, 6182. Producer decisions including theoretical and empirical problems of multifactor, multiproduct, and poly-period cases. Input demand and product supply functions at the com- modity and industry levels. AEB 6186-Advanced Topics in Agricultural Production Eco- nomics (3) Prereq:AEB 6184. Frontiers in theoretical and applied production economics. AEB 6252-Foundations of Food and Resource Economics (3) Philosophy of science underlying economics; historical influ- ences on agricultural economics; role of food and resource economics in understanding and influencing agricultural and resource practices and policies. AEB 6263-Agricultural Policies and Programs (3) Prereq: ECO 3203. Distributional aspects of economic policy. Effects of poli- cies on output, prices, and income. Theories of policy formation. AEB 6277-Applied Welfare Economics and Social Choice (3) Prereq: AEB 6182 and 6363. Theory and application of welfare economics in partial and general equilibrium models; analysis of individual and social choice theories with application to agricul- tural, resources, and environmental issues. AEB 6363-Intermediate Consumption Economics and Agricul- tural Marketing (3) Prereq: ECO 3101. Consumer choice and demand; form, temporal, and spatial dimensions of prices and product distribution. AEB 6373-Consumption and Demand (3) Prereq: AEB 4511, 6363 or ECO 3101. Theory of consumer behavior and its uses in economic analysis. Development of duality concepts, theory of inverse demand, separability, aggregation, and household expen- diture analysis. AEB 6383-Industrial Organizations of Agricultural Markets (3) Prereq: ECO 3100 or 3101. Market structure, conduct, and performance. Evaluation of current public policy and institutional arrangements. AEB 6384-Marketing Economics in Agriculture (3) Prereq: ECO 3101. Theoretical concepts and mathematical models of eco- nomic efficiency. Evaluate impacts of firm and industry organiza- tion, information, grades and standards, storage and vertical coordination on economic efficiency.