AEM 2050 - Introduction to Agricultural Finance

(SBA-AG)

Spring. 3 credits. Letter grades only.

Recommended Prerequisite: MATH 1110 and/or AEM 2100 and/or a course in Economics.

C. Wolf.

Introductory course which provides an overview of principles and practices of agricultural and development finance, from the perspectives of the business owner, lender, and policymaker. Topics include sources of capital, financing entry into agriculture, financial analysis, capital management, financial statements, credit instruments, loan analysis, and financial risk. Applications in farm investments, the Farm Credit System, crop insurance, and risk management.

Outcome 1: Students will learn and be able to apply financial concepts to solve financial economic problems in agriculture and development including understanding mortgages, bonds, equity, and other fundamental concepts.

Outcome 2: Students will gain an introductory knowledge and understanding to financing concepts including time value of money, financial and risk management instruments, among others.