AREC620

Optimization in Agricultural and Resource Economics

Prerequisite: Must have completed Multivariate calculus and matrix or linear algebra. Mathematical theory of static and dynamic optimization as applied to the economics of agriculture, natural resources and the environment. Topics include necessary and sufficient conditions for constrained optimization, convexity and concavity, duality and the envelope theorem, comparative statics, fixed point theorems, optimal control theory and dynamic programming.

Fall 2025

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Past Semesters

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During the Spring 2020 and Spring 2021 semesters, students could choose to take some of their courses pass-fail mid-semester which skews grade data aggregated across multiple semesters.

Average GPA of 3.20 between 109 students*

AREC620 Grade Distribution+-051015202530354045% of studentsABCDFWother
A-: 16.51%
A: 17.43%
A+: 7.34%
B-: 4.59%
B: 20.18%
B+: 20.18%
C: 0.92%
C+: 1.83%
W: 6.42%
other: 4.59%
* "W"s are considered to be 0.0 quality points. "Other" grades are not factored into GPA calculation. Grade data not guaranteed to be correct.