AGRICULTURAL SYSTEMS MANAGEMENT

Prerequisites & course information

Requisites: A A E 101 (215 prior to Fall 2024), ECON 101 , or 111 Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Apply economic principles for optimizing input use in agricultural production. Audience: Undergraduate 2. Analyze a balance sheet and income statement and common agricultural modifications for depreciation, valuation basis and cash accounting. Audience: Undergraduate 3. Describe major taxes applying to agricultural operations, commonly used business entities and their tax and legal implications, including transfer of farm assets. Audience: Undergraduate 4. Define major federal risk management programs that support agriculture and how they function, including crop insurance and commodity support programs. Audience: Undergraduate 5. Describe Wisconsin agriculture and the US food system, and the justification for income and commodity support programs. Audience: Undergraduate Learning Outcomes: 1. Apply economic principles for optimizing input use in agricultural production. Audience: Undergraduate 2. Analyze a balance sheet and income statement and common agricultural modifications for depreciation, valuation basis and cash accounting. Audience: Undergraduate 3. Describe major taxes applying to agricultural operations, commonly used business entities and their tax and legal implications, including transfer of farm assets. Audience: Undergraduate 4. Define major federal risk management programs that support agriculture and how they function, including crop insurance and commodity support programs. Audience: Undergraduate 5. Describe Wisconsin agriculture and the US food system, and the justification for income and commodity support programs. Audience: Undergraduate