Graduate Program Review 2001-2007 Department of Agricultural and Applied Economics Eduardo Segarra, Chair College of Agricultural Sciences and Natural Resources John Burns, Interim Dean November 2007 PROGRAM REVIEW OUTLINE Agricultural and Applied Economics I. Program Overview – A one to two-page summary of department’s vision and goals. II. Graduate Curricula and Degree Programs Scope of programs within the department B. Number and types of degrees awarded - Degrees Awarded – Academic Year (chart) - Total Degrees Awarded – Academic Year (chart) - Comparison of Degrees Awarded – Fall Data (Peer info table) - Program Degrees Awarded (table) C. Undergraduate and Graduate semester credit hours - Semester Credit Hours – Academic Year (chart) - SCH compared to Budget - Academic Year (chart) D. Number of majors in the department - Enrollment by Level – Fall Data (chart) - Total Enrollment by Year – Fall Data (chart) - Comparison of Enrollment – Fall Data (Peer info table) - Program Enrollment (table) E. Course enrollments over the past six years (enrollment trends by course – include detailed course descriptions and requirements) - Course Enrollments by Academic Year (table) F. Courses cross listed (undergrad and grad – need syllabus for both types of courses) III. Faculty A. Number, rank and demographics of the graduate faculty - Teaching Resources (chart) - Tenured and Tenure-Track by Rank - Fall Data (chart) - Comparison of Full-time Faculty (Peer info table) B. List of faculty members (graduate and non-graduate) (table) C. Summary of the number of refereed publications and creative activities (table) D. Responsibilities and leadership in professional societies - Professional Leadership (table) - Committee service (table) E. Assess average faculty productivity for Fall semesters only (use discipline appropriate criteria to determine) - Faculty Workload (table) - College SCH/FTE – Fall Data (chart) - Department SCH/FTE – Fall Data (chart) IV. Graduate Students A. Demographics of applicants and enrolled students - Graduate Student Summary by Category – AY (chart) - Graduate Student Summary by Year – AY (chart) - Graduate Applicants by Region – Fall/Summer Data (chart) - Graduate Applicants - Fall Data (table) - Admitted Graduate Students - Fall Data (table) - Enrolled New Graduate Students - Fall Data (table) - Demographics of Enrolled Graduate Students - Fall Data (table) - Demographics of Enrolled Undergraduate Students - Fall Data (table) B. Test scores (GRE, GMAT or TOEFL) of enrolled students - Average GRE Scores for Enrolled Graduate Students – Fall Data (chart) C. GPA of new students - New Graduate Students GPA by Level – Fall Data (chart) D. Initial position and place of employment of graduates over the past 6 years (table) E. Type of financial support available for graduate students. F. Number of students who have received national and university fellowships, scholarships and other awards - fellowships awarded (table) G. Graduate Student Publications and Creative Activities (table) H. Programs for mentoring and professional preparation of graduate students. I. Department efforts to retain students and graduation rates V. VI. Department A. Department operating expenses - Department Operating Cost - Academic Year (chart) - Department Operating Cost as a Fraction of Employees - (table) B. Summary of Proposals (Submitted) - Summary of Number of Proposals Written and Accepted (table) C. External Research expenditures - Summary of Faculty Awards (table) - Research Expenditures (chart) - Peer Institution Info (if available) (table) D. Internal funding - Source of Internal Funds (TTU) - (table) E. Scholarships and endowments F. Departmental resources for research and teaching (i.e. classroom space, lab facilities) (table) G. HEAF expenditures (table) Conclusions – a one- to two-page summary of the observed deficiencies and needs identified by your review. Highlight areas of greatest need and areas of significant contributions. VII. Appendices – should include, but not be limited to, the following: Table of Contents A. Strategic plan – Annual Assessment Report and Strategic Planning Update B. AAEC Course Offerings and Syllabus C. Recruiting Materials D. Graduate Student Handbook E. Graduate Student Association - Description and information F. Graduate Faculty Information (current Confirmation/Reconfirmation forms for all tenured and tenure-track faculty) G. Departmental Annual Research Reports FY 01-02 to FY 06-07 1 I. Program Overview – A one to two-page summary of department’s vision and goals. The mission of the Department of Agricultural and Applied Economics (AAEC) states that we are committed to provide the highest standards of excellence in learning, research, and engagement on all aspects of the economics of regional, state, and global production, distribution, and consumption of food and fiber goods and services, and public and private use of natural resources. The vision statement of AAEC states that we intend to be recognized as the center of excellence for leadership in learning, discovery, and delivery of knowledge on economic aspects of all current and emerging issues related to regional, state, and global food, fiber, and natural resources. Appendix A contains copies of our strategic plan and the latest annual assessment report and strategic planning update (a wealth of relevant information and data for AAEC is contained in this update). The Department of Agricultural Economics and Farm Management at Texas Technological College was established in 1927, when Agricultural Economics was still in its infancy as an academic field of study (a hybrid of economics, mathematics, statistics, and sociology as applied to issues in the agricultural sector). It began with four courses and one faculty member (L.D. Howell) in the Fall of 1927 and the first degree was awarded in 1929. In 1933 the name was changed to the Department of Agricultural Economics, Farm Management, and Rural Sociology. Then, the name was shortened to Agricultural Economics in 1947. The name remained unchanged until 1996, when the department was renamed Agricultural and Applied Economics in acknowledgement of the growing proportion of graduates employed in fields not directly related to agriculture. The department’s history is one of consistent struggle for resources, with the faculty and administration attempting to match the achievements of the Land Grant departments of Agricultural Economics without having access to financial resources. As programs and numbers of students grew, positions and other support consistently lagged. The department remained primarily an undergraduate teaching department until the mid-1960s, when an infusion of young research faculty brought in additional research capability and a significant boost in the M.S. program. The department graduated only 149 students, all B.S., between 1929 and 1955, an average of 5.5 students per year (today we graduate around 50 B.S. students per year, plus approximately 5 M.S. and 2 Ph.D. students per year). The M.S. program began about 1955, with a total of 28 students graduated between then and 1969. A Ph.D. program was approved in 1969, but was not offered until 1979 because of inadequate resources for the program. The first Ph.D. graduate from the department graduated in 1982. The discipline has always concentrated its efforts on the “applied problems and quantitative applications of economics and statistics to those problems” (Department of Agricultural Economics, Report to President Grover Murray, 1968). This department has historically tied its research programs to the problems of the semi-arid West Texas region-cotton, livestock, rangelands, the Ogallala aquifer, and related matters. Dedicated research funding until 1995 was limited to a cooperative agreement with the Texas Agricultural Experiment Station – Texas A&M University and small portions of Legislative “line-item” funding received by the College, all controlled by other departments within the College. There was also a research unit of the Economic Research Service, U.S. Department of Agriculture, housed in the department between 1975 and 1981, and a small endowment established the Thornton Agricultural Finance Institute in 1981, but its funding has been essentially static. Agricultural and Applied Economics 2 The Department was awarded a Legislative line-term to conduct Cotton Economics Research in 1995 that provided a funding base from which to construct a planned, focused research thrust. This has since been re-configured by the College since formal line-items were eliminated, but the department currently receives approximately $175,000 per year to support its overall research program. From this relatively small base, the faculty in the department has established an international reputation for its research in Cotton Economics – through the Cotton Economics Research Institute, Risk Management and Crop Insurance, Agricultural Finance – through the Thornton Agricultural Finance Institute, International Marketing and Trade Research – through our participation in the Center for North American Studies, and the Water Resource Economics Initiative. Average total research funding in the last six years has been $1.6 million per year. An annual research report is produced each year which documents the research performed and the overall research accomplishments of the department (Appendix G contains copies of the last six annual research reports). The department continues to “overreach” its research base, as has been its pattern throughout its entire history. In 1970 the department had 13 faculty members, with which it managed an undergraduate program, a small M.S. program (13 students), no Ph.D. program, and a rudimentary research program. Today the department has 15 regular faculty members (14.25 FTEs) and maintains two undergraduate programs, a Master of Science program (thesis and non-thesis options), a Master of Agribusiness program, and a Ph.D. program, contributes to a College – sponsored Master of Agriculture program, contributes to a joint M.S./J.D. program with the Law School, contributes to a M.B.A. – Emphasis in Agricultural Business Management which is sponsored by the Rawls College of Business Administration, and maintains a research program that embodies around 30 research projects per year. Graduate programs are synergistic with the undergraduate programs and the research program, and a considerable number of undergraduate students are inherently integrated in the research program. A continuing problem is recruitment of sufficient numbers of qualified graduate students. Today, the AAEC Department is one of only two non-land grant departments in the U.S. that offers a Ph.D. program in Agricultural Economics or Agricultural and Applied Economics, although a few other departments offer an Agricultural Economics program within their Economics Ph.D. programs (e.g., Harvard University, Stanford University). The other Agricultural Economics Ph.D. program is located at the University of California – Berkeley, which has substantial endowments (e.g., the Giannini Foundation). The Land-Grant departments receive dedicated federal Hatch Act funding through the U.S. Department of Agriculture for Cooperative Extension and Agricultural Experiment Station research. Because of differences in functions and typical huge differences in funding base, direct comparisons of Texas Tech University Department of Agricultural and Applied Economics to other departments is problematic. Agricultural and Applied Economics 3 II. Undergraduate and Graduate Curricula and Degree Programs A. Scope of programs within the department The AAEC Department offers the following degree programs: • • • • • • B.S. in Agricultural and Applied Economics B.S. in Agribusiness M.S. in Agricultural and Applied Economics; thesis option M.S. in Agricultural and Applied Economics; non-thesis option Master of Agribusiness Ph.D. in Agricultural and Applied Economics The Department also contributes and collaborates to the following programs: • • • Master of Agriculture - Emphasis in Agricultural Business Management which is sponsored by the College of Agricultural Sciences and Natural Resources A joint M.S. in AAEC/J.D. program which is sponsored by the Law School M.B.A. – Emphasis in Agricultural Business Management which is sponsored by the Rawls College of Business Administration With respect to the Department’s graduate programs, the M.S. thesis program requires a minimum of 30 credit hours, including 6 credit hours of thesis credit, and is considered to be among the strongest analytical M.S. programs available in the U.S. The M.S. non-thesis program requires a minimum of 36 credit hours, retains the analytical course work of the thesis program, but lacks the more sophisticated training and experience associated with the thesis research work. The Master of Agribusiness program requires 36 credit hours which retains strong analytical training, but in which a greater emphasis is placed in practical business knowledge acquisition and requires participation in the internship program. The Ph.D. program is a broad-based applied economics program – the students who complete this program are well prepared as general applied economists, but not typically with deeply rooted subject-matter specializations. It is relevant to highlight here that the Master of Agribusiness program was not only developed as a response to the need to address the “practical business knowledge” side of agriculture/agribusiness, but as a strategic positioning of the department’s graduate program for the future. That is, the faculty felt that we no longer could solely rely on our “traditional” graduate programs to grow our overall graduate program contributions. Because we strongly believe that our departmental contributions regarding the Agribusiness emphasis are significant and the prospects to increase enrollment in this program is great, we requested the Texas Higher Education Coordinating Board to approve a NO additional cost to the State authorization for this program. We received authorization for the adoption of this program in the Fall of 2006. We had our first graduate out of the Master of Agribusiness program in December 2006 (obviously, we had this student in track in this program prior to its approval). Agricultural and Applied Economics 4 The Master of Agriculture - Emphasis in Agricultural Business Management program which is sponsored by the College of Agricultural Sciences and Natural Resources is a terminal degree program that is well suited for students who are targeting a carefully-defined career track (examples include international commodity marketing and long horn ranch management). As stated above, the M.S./J.D. program is a joint program with the Law School; it is essentially the M.S. non-thesis program in which 12 hours of Law School courses are counted toward the 36hour requirement, and the Law School allows AAEC courses to be used as electives in their J.D. program. This program, the first of its kind, was implemented in the mid-1980s. The M.B.A. connection entails M.B.A. students with the Agricultural Business Management emphasis taking approximately three graduates courses in the AAEC department for the emphasis area. Given the fact that there is a high degree of inherent synergy among all of our six academic programs (our two undergraduate programs, two M.S. programs, the Master of Agribusiness program, and our Ph.D. program), we feel it is appropriate for us to highlight here the specific learning outcomes we seek to achieve in each one of our programs and how we go about evaluating these. The set of informational tables that follow contain the following information for each program. Table 1, contains information with respect to the specific expected learning outcomes to be achieved in each program, and what courses in those programs are expected to contribute to the achievement of the stated learning outcome. Table 2, contains a description of the methods used to assess the learning outcomes, as well as the instruments used to assess the attainment of learning outcomes goals. Table 3, highlights and describes the data which is collected to analyze and evaluate the attainment of learning outcomes. Table 4, summarizes the overall “program level” assessment plans. Agricultural and Applied Economics 5 ASSESSMENT OF STUDENT LEARNING OUTCOMES (9/1/2007) DEPARTMENT: AGRICULTURAL AND APPLIED ECONOMICS Table 1. Documentation that learning outcomes are incorporated into the curriculum for all undergraduate and graduate programs. Degree Program: (AAEC) Undergraduate Program - Agricultural and Applied Economics Item LEARNING OUTCOME Expected Learning Outcome AREA 1 Communication Development of professional ability to communicate in written and oral forms in both individual and team settings, in addition to effectively interacting with colleagues in team assignments. 2 Technology Mastery of the use of basic computer-based information systems to organize, manipulate, analyze, and present economic data. 3 Disciplinary Development of ability to use logical Knowledge inference and deductive reasoning in conjunction with economic models to effectively define and solve economic problems. 4 Integrated • Mastery of theoretical and Learning applied economic tools to prepare for advanced degrees in economics, law, business administration, and other related fields. • Acquisition of the professional skill set necessary to attain meaningful employment in the areas of economics, business management, marketing, and sales. Relevant Courses ENGL 2311 COMS 2300 One course from GROUP 1* or 2** or 4301 AGSC 2301 AAEC 3401 AAEC 4302 or AAEC 4312 ECO 3311 AAEC 2305 AAEC 3315 AAEC 3100 AAEC 3304 One course from GROUP 1* One course from GROUP 2** Agricultural and Applied Economics 6 * AAEC GROUP 1 includes AAEC 4313, AAEC 4305, AAEC 4306 or AAEC 4320 ** AAEC GROUP 2 includes AAEC 4303, AAEC 4315, AAEC 4316 or AAEC 4317 Agricultural and Applied Economics 7 ASSESSMENT OF STUDENT LEARNING OUTCOMES (9/1/2007) DEPARTMENT: AGRICULTURAL AND APPLIED ECONOMICS Table 1. Documentation that learning outcomes are incorporated into the curriculum for all undergraduate and graduate programs. Degree Program: Undergraduate Program - Agribusiness (AGBS) Item LEARNING OUTCOME AREA 1 Communication Expected Learning Outcome Relevant Courses Development of professional ability Sophomore English* to communicate in written and oral One course from GROUP 1* forms in both individual and team One course from GROUP 2** settings, in addition to effectively interacting with colleagues in team assignments. 2 Technology Mastery of the use of basic AGSC 2301 computer-based information systems AAEC 3401 to organize, manipulate, analyze, and AAEC 4302 or AAEC 4312 present economic data. 3 Disciplinary Development of ability to use logical ECO 3311 Knowledge inference and deductive reasoning in AAEC 2305 conjunction with economic/business AAEC 3315 models to effectively define and solve economic/business problems. 4 Integrated MGT 4375 • Mastery of theoretical and Learning MKT 4358 applied economic/business tools FIN 4328 to prepare for advanced degrees AAEC 3100 in economics, law, business administration, and other related fields. • Acquisition of the professional skill set necessary to attain meaningful employment in the areas of economics, business management, finance, marketing, and sales. * Sophomore English includes ENGL 2305, ENGL 2306, ENGL 2308 or ENGL 2351 ** AGBS GROUP 1 includes AAEC 4313, AAEC 4305 or AAEC 4306 *** AGBS GROUP 2 includes AAEC 4303 or AAEC 4317 Agricultural and Applied Economics 8 ASSESSMENT OF STUDENT LEARNING OUTCOMES (9/1/2007) DEPARTMENT: AGRICULTURAL AND APPLIED ECONOMICS Table 1. Documentation that learning outcomes are incorporated into the curriculum for all undergraduate and graduate programs. Degree Program: Economics Master of Science – Non-Thesis in Agricultural and Applied Item Expected Learning Outcomes Relevant Courses 1 Demonstrated understanding of economics ECO 5311 concepts and analytic methods ECO 5312 AAEC 5303 2 Demonstrate the ability to use economics AAEC 5303 concepts and analytic methods to analyze AAEC 5307 applied economics problems. AAEC 5310 3 Demonstrated ability to operate in an AAEC 5307 employment position requiring effective AAEC MS LEVEL ELECTIVE use of economic theory and analytic AAEC MS LEVEL ELECTIVE methods. AAEC MS LEVEL ELECTIVE Agricultural and Applied Economics 9 ASSESSMENT OF STUDENT LEARNING OUTCOMES (9/1/2007) DEPARTMENT: AGRICULTURAL AND APPLIED ECONOMICS Table 1. Documentation that learning outcomes are incorporated into the curriculum for all undergraduate and graduate programs. Degree Program: Master of Agribusiness Item Expected Learning Outcomes Relevant Courses 1 Demonstrated understanding of economics AAEC 5310 concepts and analytic methods AAEC 5312 MKTG 5360 2 Demonstrate the ability to use economics ISQS 5137 concepts and analytic methods to analyze AAEC 5307 applied economics problems. AAEC 5318 MGMT 5371 BLAW 5290 3 Demonstrated ability to operate in an AAEC 5000 (6 hours) employment position requiring effective AAEC MS LEVEL or MAB ELECTIVE use of economic theory and analytic AAEC MS LEVEL or MAB ELECTIVE methods. AAEC MS LEVEL or MAB ELECTIVE Agricultural and Applied Economics 10 ASSESSMENT OF STUDENT LEARNING OUTCOMES (9/1/2007) DEPARTMENT: AGRICULTURAL AND APPLIED ECONOMICS Table 1. Documentation that learning outcomes are incorporated into the curriculum for all undergraduate and graduate programs. Degree Program: Economics Master of Science - Thesis Option in Agricultural and Applied Item Expected Learning Outcomes Relevant Courses 1 Basic facility with economics concepts and ECO 5311 analytic methods ECO 5312 AAEC 5303 2 Ability to 1. Develop a problem statement; AAEC 5303 2. Develop a research design; AAEC 5307 and AAEC 5321 3. Complete a topical literature review on a theoretical or applied economic research topic. 3 Demonstrate the ability to communicate in AAEC 5321 written and oral form on a well defined AAEC 6000 and limited scope research topic. 4 Demonstrate personal management and AAEC 6000 professional skills to function in an applied AAEC MS LEVEL ELECTIVE research work environment. 5 Develop writing, data analysis and AAEC 5307 analytical skills for applied economic AAEC 5310 subjects. AAEC 5321 6 Demonstrate methodological expertise in AAEC 5321 an area of research on a topic defined by AAEC 6000 the student and faculty advisor. 7 Demonstrated ability to operate in a AAEC 5321 research-related employment position. AAEC 6000 AAEC MS LEVEL ELECTIVE Agricultural and Applied Economics 11 ASSESSMENT OF STUDENT LEARNING OUTCOMES (9/1/2007) DEPARTMENT: AGRICULTURAL AND APPLIED ECONOMICS Table 1. Documentation that learning outcomes are incorporated into the curriculum for all undergraduate and graduate programs. Degree Program: Doctor of Philosophy in Agricultural and Applied Economics Item Expected Learning Outcomes 1 Basic facility with economics concepts and analytic methods 2 3 4 5 6 7 Relevant Courses ECO 5311 ECO 5312 AAEC 5303 Ability to 1. Develop a problem statement; AAEC 5303 2. Develop a research design; AAEC 5307 and AAEC 5321 3. Complete a topical literature review on a theoretical or applied economic research topic. Demonstrate the ability to communicate in AAEC 5321 written and oral form on a well defined AAEC 6305 and limited scope research topic. AAEC 8000 Demonstrate personal management and AAEC 6302 professional skills to function in an AAEC 6308 applied research work environment. AAEC 6310 Develop writing, data analysis and AAEC 6311 analytical skills for applied economic AAEC 8000 subjects. Demonstrate methodological expertise in AAEC 5321 an area of research on a topic generated by AAEC 8000 the student. Demonstrated ability to operate in a AAEC 5321 research-related employment position. AAEC 8000 MINOR PhD LEVEL ELECTIVES Agricultural and Applied Economics 12 DEPARTMENT: Agricultural and Applied Economics Table 2. Discussion of the methods used to assess the learning outcomes as well as the instruments used to assess the attainment of learning outcome goals by undergraduate and graduate programs. Degree Program: (AAEC) Undergraduate Program - Agricultural and Applied Economics Overall, there could be up to eight possible methods used to assess the expected learning outcomes in this degree, depending on student participation in the internship program, the undergraduate research program, or not. Our assessment methods reflect this flexibility. That is, five of the eight methods used to assess the expected learning outcomes in this degree will be applicable to all students in this program including: (1) a pre/post economic assessment survey, (2) the AAEC 3100 survey, (3) the senior exit interview, (4) the AAEC employment survey, and (5) the CASNR employment survey. If a particular student in this degree participates in the internship program, (6) the employer assessment report and (7) the student’s internship report will be used to further assess the expected learning outcomes in this degree. Also, if a particular student participates in the undergraduate research program, (8) the senior research report will be used to further assess the expected learning outcomes in this degree. Degree Program: Undergraduate Program - Agribusiness (AGBS) Overall, there could be up to eight possible methods used to assess the expected learning outcomes in this degree, depending on student participation in the internship program, the undergraduate research program, or not. Our assessment methods reflect this flexibility. That is, five of the eight methods used to assess the expected learning outcomes in this degree will be applicable to all students in this program including: (1) a pre/post economic assessment survey, (2) the AAEC 3100 survey, (3) the senior exit interview, (4) the AAEC employment survey, and (5) the CASNR employment survey. If a particular student in this degree participates in the internship program, (6) the employer assessment report and (7) the student’s internship report will be used to further assess the expected learning outcomes in this degree. Also, if a particular student participates in the undergraduate research program, (8) the senior Agricultural and Applied Economics 13 research report will be used to further assess the expected learning outcomes in this degree. Table 2. (continued) Degree Program: Economics Master of Science – Non-Thesis Option in Agricultural and Applied Overall, there will be four methods used to assess the expected learning outcomes in this degree including: (1) satisfactory performance in the core curriculum in economic theory and quantitative methods, (2) satisfactory performance in specific applied economic problem solving exercises, (3) satisfactory performance in the final oral defense, and (4) the ability to find professional employment. Degree Program: Master of Agribusiness Overall, there will be five methods used to assess the expected learning outcomes in this degree including: (1) satisfactory performance in the core curriculum in economic theory and quantitative methods, (2) satisfactory performance in specific applied economic problem solving exercises, (3) satisfactory performance in the internship component of the program, (4) satisfactory performance in the final oral defense, and (5) the ability to find professional employment. Degree Program: Economics Master of Science – Thesis Option in Agricultural and Applied Overall, there will be six methods used to assess the expected learning outcomes in this degree including: (1) satisfactory performance in the core curriculum in economic theory and quantitative methods, (2) satisfactory performance in specific applied economic problem solving exercises, (3) satisfactory performance developing and defending a thesis research Agricultural and Applied Economics 14 proposal, (4) making a professional/peer-reviewed presentation, (5) satisfactory performance in the final oral defense of thesis, and (6) the ability to find professional employment. Table 2. (continued) Degree Program: Doctor of Philosophy in Agricultural and Applied Economics Overall, there will be ten methods used to assess the expected learning outcomes in this degree including: (1) satisfactory performance in the core curriculum in economic theory and quantitative methods, (2) satisfactory performance in specific applied economic problem solving exercises, (3) satisfactory performance in the economic theory qualifying examination, (4) satisfactory performance developing and defending a dissertation research proposal, (5) making a peer-reviewed presentation, (6) making a professional presentation, (7) submission of a peer-reviewed research manuscript for publication, (8) submission of a research proposal for funding, (9) satisfactory performance in the final oral defense of dissertation, and (10) the ability to find professional employment. Agricultural and Applied Economics 15 DEPARTMENT: Agricultural and Applied Economics Table 3. Summarize the data collected and evidence of the use of results of those data Degree Program: (AAEC) Undergraduate Program - Agricultural and Applied Economics The faculty of the department of agricultural and applied economics have delineated the following plan to collect data documenting the attainment of learning outcomes in a by method used basis for this degree (appropriate rubrics will be developed for each method used). (1) the pre/post economic assessment survey; the undergraduate committee will conduct a representative survey of both entering freshman and graduating seniors to evaluate economic knowledge enhancement (the survey has already being developed). (2) the AAEC 3100 survey; the instructor of AAEC 3100 will elicit opinions of students with respect to the relevancy of this degree as a whole and the relevancy of specific courses. (3) the senior exit interview; as part of this interview the chair will elicit students views with respect to communication skills, professional training, employment opportunities and overall views about the program. (4) the AAEC employment survey; in this survey students will be asked for their opinion about the relevancy of their degree in terms of enabling them to satisfactorily perform in their position. (5) the CASNR employment survey; this survey asks students about their ability to obtain a job. In those cases in which a student participates in the internship program, the internship coordinator will review and evaluate (6) the employer assessment report and (7) the student’s internship report to further assess the attainment of expected learning outcomes in this degree. Also, in those cases in which a student participates in the undergraduate research program, the research advisor will review and evaluate (8) the senior research report further assess the attainment of expected learning outcomes in this degree. The faculty will review all the information gathered and discuss the state and possible enhancement of this degree’s learning outcomes at least once a year at the annual faculty retreat. Agricultural and Applied Economics 16 Table 3. (continued) Degree Program: Undergraduate Program - Agribusiness (AGBS) The faculty of the department of agricultural and applied economics have delineated the following plan to collect data documenting the attainment of learning outcomes in a by method used basis for this degree (appropriate rubrics will be developed for each method used). (1) the pre/post economic assessment survey; the undergraduate committee will conduct a representative survey of both entering freshman and graduating seniors to evaluate economic knowledge enhancement (the survey has already being developed). (2) the AAEC 3100 survey; the instructor of AAEC 3100 will elicit opinions of students with respect to the relevancy of this degree as a whole and the relevancy of specific courses. (3) the senior exit interview; as part of this interview the chair will elicit students views with respect to communication skills, professional training, employment opportunities and overall views about the program. (4) the AAEC employment survey; in this survey students will be asked for their opinion about the relevancy of their degree in terms of enabling them to satisfactorily perform in their position. (5) the CASNR employment survey; this survey asks students about their ability to obtain a job. In those cases in which a student participates in the internship program, the internship coordinator will review and evaluate (6) the employer assessment report and (7) the student’s internship report to further assess the attainment of expected learning outcomes in this degree. Also, in those cases in which a student participates in the undergraduate research program, the research advisor will review and evaluate (8) the senior research report further assess the attainment of expected learning outcomes in this degree. The faculty will review all the information gathered and discuss the state and possible enhancement of this degree’s learning outcomes at least once a year at the annual faculty retreat. Agricultural and Applied Economics 17 Table 3. (continued) Degree Program: Economics Master of Science – Non-Thesis Option in Agricultural and Applied The faculty of the department of agricultural and applied economics have delineated the following plan to collect data documenting the attainment of learning outcomes in a by method used basis for this degree (appropriate rubrics will be developed for each method used). (1) satisfactory performance in the core curriculum in economic theory and quantitative methods; the student’s advisor and the other members of the advisory committee will be in charge of evaluating the student’s performance in these two areas. (2) satisfactory performance in specific applied economic problem solving exercises; instructors of production economics and econometrics will be in charge of evaluating the student’s performance in this area. (3) satisfactory performance in the final oral defense; the student’s advisor and the other members of the advisory committee will be in charge of evaluating the student’s performance in the final oral defense - a check list including the attainment of satisfactory performance documenting the student’s understanding economic concepts and analytical methods, ability to analyze applied economic problems, and ability to use economic theory and analytic methods to solve applied economic problems will be elicited during the final oral defense. (4) the ability to find professional employment; the ability of students to obtain professional employment will be documented. The faculty will review all the information gathered and discuss the state and possible enhancement of this degree’s learning outcomes at least once a year at the annual faculty retreat. Agricultural and Applied Economics 18 Table 3. (continued) Degree Program: Master of Agribusiness The faculty of the department of agricultural and applied economics have delineated the following plan to collect data documenting the attainment of learning outcomes in a by method used basis for this degree (appropriate rubrics will be developed for each method used). (1) satisfactory performance in the core curriculum in economic theory and quantitative methods; the student’s advisor and the other members of the advisory committee will be in charge of evaluating the student’s performance in these two areas. (2) satisfactory performance in specific applied economic problem solving exercises; instructors of production economics and econometrics will be in charge of evaluating the student’s performance in this area. (3) satisfactory performance in the internship component of the program – the coordinator of the Master of Agribusiness program along the advisor and the other members of the advisory committee with input from the internship host will be in charge of evaluating the student’s performance in the internship component of the program. (4) satisfactory performance in the final oral defense; the student’s advisor and the other members of the advisory committee will be in charge of evaluating the student’s performance in the final oral defense - a check list including the attainment of satisfactory performance documenting the student’s understanding economic concepts and analytical methods, ability to analyze applied economic problems, and ability to use economic theory and analytic methods to solve applied economic problems will be elicited during the final oral defense. (5) the ability to find professional employment; the ability of students to obtain professional employment will be documented. The faculty will review all the information gathered and discuss the state and possible enhancement of this degree’s learning outcomes at least once a year at the annual faculty retreat. Agricultural and Applied Economics 19 Table 3. (continued) Degree Program: Economics Master of Science – Thesis Option in Agricultural and Applied The faculty of the department of agricultural and applied economics have delineated the following plan to collect data documenting the attainment of learning outcomes in a by method used basis for this degree (appropriate rubrics will be developed for each method used). (1) satisfactory performance in the core curriculum in economic theory and quantitative methods; the student’s advisor and the other members of the advisory committee will be in charge of evaluating the student’s performance in these two areas. (2) satisfactory performance in specific applied economic problem solving exercises; instructors of production economics and econometrics will be in charge of evaluating the student’s performance in this area. (3) satisfactory performance developing and defending a thesis research proposal; the instructor of research methodology in conjunction with the student’s major advisor and the other members of the advisory committee will be in charge evaluating the student’s performance. (4) making a professional/peer-reviewed presentation; the major professor and the other members of the advisory committee will be in charge of the student’s performing this requirement. (5) satisfactory performance in the final oral defense; the student’s advisor and the other members of the advisory committee will be in charge of evaluating the student’s performance in the final oral defense - a check list including the attainment of satisfactory performance documenting the student’s understanding economic concepts and analytical methods, ability to analyze applied economic problems, ability to use economic theory and analytic methods to solve applied economic problems, and soundness of the research conducted will be elicited during the final oral defense. (6) the ability to find professional employment; the ability of students to obtain professional employment will be documented. The faculty will review all the information gathered and discuss the state and possible enhancement of this degree’s learning outcomes at least once a year at the annual faculty retreat. Agricultural and Applied Economics 20 Table 3. (continued) Degree Program: Doctor of Philosophy in Agricultural and Applied Economics The faculty of the department of agricultural and applied economics have delineated the following plan to collect data documenting the attainment of learning outcomes in a by method used basis for this degree (appropriate rubrics will be developed for each method used). (1) satisfactory performance in the core curriculum in economic theory and quantitative methods; the student’s advisor and the other members of the advisory committee will be in charge of evaluating the student’s performance in these two areas. (2) satisfactory performance in specific applied economic problem solving exercises; instructors of production economics and econometrics will be in charge of evaluating the student’s performance in this area. (3) satisfactory performance in the economic theory qualifying examination; the entire faculty (through the comprehensive examination committee) will determine the student’s performance in this examination. (4) satisfactory performance developing and defending a dissertation research proposal; the instructor of research methodology in conjunction with the student’s major advisor and the other members of the advisory committee will be in charge evaluating the student’s performance. (5) making a peer-reviewed presentation; the major professor and the other members of the advisory committee will be in charge of the student’s performing this requirement. (6) making a professional presentation; the major professor and the other members of the advisory committee will be in charge of the student’s performing this requirement. (7) submission of a peer-reviewed research manuscript for publication; the major professor and the other members of the advisory committee will be in charge of the student’s performing this requirement. (8) submission of a research proposal for funding; the major professor and the other members of the advisory committee will be in charge of the student’s performing this requirement. (9) satisfactory performance in the final oral defense; the student’s advisor and the other members of the advisory committee will be in charge of evaluating the student’s performance in the final oral defense - a check list including the attainment of satisfactory performance documenting the student’s understanding economic concepts and analytical methods, ability to analyze applied economic problems, ability to use economic theory and analytic methods to solve applied economic problems, and soundness of the research conducted will be elicited during the final oral defense. (10) the ability to find professional employment; the ability of students to obtain professional employment will be documented. The faculty will review all the information gathered and discuss the state and possible enhancement of this degree’s learning outcomes at least once a year at the annual Agricultural and Applied Economics 21 faculty retreat. PROGRAM-LEVEL ASSESSMENT PLAN (9/1/2007) Table 4. Degree Title: Undergraduate Program - Agricultural and Applied Economics (AAEC) Department: Agricultural and Applied Economics Purpose of degree program (50 words or less): The AAEC degree program directs students in the systematic study of how society allocates scarce resources to maximize human welfare. This degree prepares students with the analytical skills to pursue careers in either the public or private sector, managing environmental and economic resources in the production, marketing, distribution, and financial areas of the economy. Item LEARNING OUTCOME AREA EXPECTED LEARNING OUTCOMES METHODS OF ASSESSMENT Development of professional ability to communicate in written and oral forms in both individual and team settings, in addition to effectively interacting with colleagues in team assignments. Mastery of the use of basic computer-based information systems to organize, manipulate, analyze, and present economic data. Internship Report* Employer Assessment Report (Internship)* Senior Research Paper Senior Exit Interview AAEC Employment Survey* Internship Report* Employer Assessment Report (Internship)* Senior Research Paper AAEC 3100 Survey Pre/Post Economic Issues Assessment Internship Report* Employer Assessment Report (Internship)* Senior Research Paper AAEC 3100 Survey Senior Exit Interview CASNR Employment Survey AAEC Employment Survey* AAEC 3100 Survey 1 Communication 2 Technology 3 Disciplinary Knowledge Development of ability to use logical inference and deductive reasoning in conjunction with economic models to effectively define and solve economic problems. 4 Integrated Learning • Mastery of theoretical and applied economic tools to prepare for advanced degrees in economics, law, business Agricultural and Applied Economics 22 • administration, and other related fields. Acquisition of the professional skill set necessary to attain meaningful employment in the areas of economics, business management, marketing, and sales. * External assessment. PROGRAM-LEVEL ASSESSMENT PLAN (9/1/2007) Table 4 (continued). Degree Title: Undergraduate Program - Agribusiness (AGBS) Department: Agricultural and Applied Economics Purpose of degree program (50 words or less): The Agribusiness degree program is a joint program with the Department of Agricultural and Applied Economics and the College of Business that combines courses in Applied Economics with business courses in Accounting, Marketing, Management, Finance, and Business Law to provide a strong foundation for careers in the agribusiness sector. Item LEARNING OUTCOME AREA EXPECTED LEARNING OUTCOMES METHODS OF ASSESSMENT Internship Report* Employer Assessment Report (Internship)* Senior Research Paper Senior Exit Interview AAEC Employment Survey* Internship Report* Employer Assessment Report (Internship)* Senior Research Paper AAEC 3100 Survey Pre/Post Economic Issues Assessment Internship Report* Employer Assessment Report (Internship)* Senior Research Paper AAEC 3100 Survey Senior Exit Interview CASNR Employment Survey 1 Communication Development of professional ability to communicate in written and oral forms in both individual and team settings, in addition to effectively interacting with colleagues in team assignments. 2 Technology Mastery of the use of basic computerbased information systems to organize, manipulate, analyze, and present economic data. 3 Disciplinary Knowledge Development of ability to use logical inference and deductive reasoning in conjunction with economic/business models to effectively define and solve economic/business problems. 4 Integrated Learning • Mastery of theoretical and applied economic/business tools to prepare Agricultural and Applied Economics • • for advanced degrees in economics, law, business administration, and other related fields. Acquisition of the professional skill set necessary to attain meaningful employment in the areas of economics, business management, finance, marketing, and sales. 23 AAEC Employment Survey* AAEC 3100 Survey External assessment. PROGRAM-LEVEL ASSESSMENT PLAN (9/1/2007) Table 4 (continued). Degree Title: Master of Science – Non-Thesis in Agricultural and Applied Economics Department: Agricultural and Applied Economics Purpose of degree program (Limit to approximately 50 words): Students will acquire advanced skills in economics, including economic theory and the tools of analytic analysis, and will gain experience in using those tools to analyze applied economic problems. Item EXPECTED LEARNING OUTCOMES 1 Demonstrated understanding of economics concepts and analytic methods 2 Demonstrate the ability to use economics concepts and analytic methods to analyze applied economics problems. 3 Demonstrated ability to operate in an employment position requiring effective use of economic theory and analytic methods. METHODS OF ASSESSMENT Successful completion of the core coursework in economic theory and quantitative methods. Successful completion of the final oral exam administered by the advisory committee. Achievement of acceptable performance evaluations on specific applied economic problem solving exercises in the advanced production economics and econometrics courses. Successful completion of the final oral exam administered by the advisory committee. Successful placement of students who actively seek employment in their field within 9 months of graduation. Agricultural and Applied Economics 24 PROGRAM-LEVEL ASSESSMENT PLAN (9/1/2007) Table 4 (continued). Degree Title: Master of Agribusiness Department: Agricultural and Applied Economics Purpose of degree program (Limit to approximately 50 words): Students will acquire advanced skills in economics and applied business analysis, including economic and business theory and the tools of analytic analysis, and will gain experience in using those tools to analyze applied economic problems by participating in the internship program. Item EXPECTED LEARNING OUTCOMES 1 Demonstrated understanding of economics concepts and analytic methods 2 Demonstrate the ability to use economics concepts and analytic methods to analyze applied economics problems. 3 Demonstrated ability to operate in an employment position requiring effective use of economic theory and analytic methods. METHODS OF ASSESSMENT Successful completion of the core coursework in economic theory and quantitative methods. Successful completion of the final oral exam administered by the advisory committee. Achievement of acceptable performance evaluations on specific applied economic problem solving exercises in quantitative courses. Successful performance in the internship program. Successful completion of the final oral exam administered by the advisory committee. Successful placement of students who actively seek employment in their field within 9 months of graduation. Agricultural and Applied Economics 25 PROGRAM-LEVEL ASSESSMENT PLAN (9/1/2007) Table 4 (continued). Degree Title: Economics Master of Science - Thesis Option in Agricultural and Applied Department: Agricultural and Applied Economics Purpose of degree program (Limit to approximately 50 words): Students will acquire advanced skills in economics, including economic theory and the tools of analytic analysis for problem solving. With appropriate guidance, the student will be able to generate a researchable topic and to perform research on an applied economics problem. Item EXPECTED LEARNING OUTCOMES 1 Basic facility with economics concepts and analytic methods METHODS OF ASSESSMENT Successful completion of core coursework in economic theory and quantitative methods. 2 Ability to 1. Develop a problem statement; 2. Develop a research design; and 3. Complete a topical literature review on a theoretical or applied economic research topic. 3 Demonstrate the ability to communicate in written and oral form on a well defined and limited scope research topic. 4 Demonstrate personal management and professional skills to function in an applied research work environment. Develop writing, data analysis and analytical skills for applied economic subjects. Successful completion of the Research Methodology course. Demonstration of the ability to develop each portion of a research proposal regardless of grade as evaluated by the instructor over several assignments. Faculty advisory committee approval of thesis proposal. Making at least one professional presentation before graduation. Making at least one peer-reviewed presentation before graduation. Successful completion of the research proposal defense after taking the Research Methodology course. Completion of Applied Economics core curriculum . Faculty committee review of proposal and 5 Agricultural and Applied Economics 26 6 7 Demonstrate methodological expertise in an area of research on a topic defined by the student and faculty advisor. Demonstrated ability to operate in a research-related employment position. thesis. Faculty committee review of thesis. Successful oral defense of thesis. Successful placement of students who actively seek employment in their field within 9 months of graduation. PROGRAM-LEVEL ASSESSMENT PLAN (9/1/2007) Table 4 (continued). Degree Title: Doctor of Philosophy in Agricultural and Applied Economics Department: Agricultural and Applied Economics Purpose of degree program (Limit to approximately 50 words): Students will acquire advanced skills in economics, including economic theory and the tools of analytic analysis for problem solving. The student will be able to generate a researchable topic and to perform independent research on a theoretical or applied economics subject. Item EXPECTED LEARNING OUTCOMES 1 Basic facility with economics concepts and analytic methods 2 Ability to 1. Develop a problem statement; 2. Develop a research design; and 3. Complete a topical literature review on a theoretical or applied economic research topic. 3 Demonstrate the ability to communicate in written and oral form on a well defined and limited scope research topic. 4 Demonstrate personal management and professional skills to function in an applied research work environment. 5 Develop writing, data analysis and METHODS OF ASSESSMENT Successful completion of the economic theory qualifying examination. Successful completion of the Research Methodology course. Demonstration of the ability to develop each portion of a research proposal regardless of grade as evaluated by the instructor over several assignments. Faculty advisory committee approval of dissertation proposal. Making at least one professional presentation before graduation. Making at least one peer-reviewed presentation before graduation. Submission of at least one peer-reviewed research manuscript for publication within the first year after graduation. Successful completion of the research proposal defense after taking the Research Methodology course. Submission of a research proposal for funding: alone or with another researcher during degree program. Successful completion of Applied Economics Agricultural and Applied Economics 27 analytical skills for applied economic subjects. 6 7 core curriculum. Faculty committee review of proposal and dissertation. Demonstrate methodological expertise in an Faculty committee review of dissertation. area of research on a topic generated by the Successful oral defense of dissertation. student. Demonstrated ability to operate in a Successful placement of students who research-related employment position. actively seek employment in their field within 9 months of graduation. B. Number and types of degrees awarded Degrees Awarded - Academic Year (AAEC) Source: Institutional Research Services 60 50 40 30 20 10 0 00/01 01/02 02/03 03/04 04/05 05/06 Bachelor 50 46 28 42 55 54 Masters 3 6 2 7 4 8 Doctorates 1 0 2 2 2 1 Total Degrees Awarded by Year - Academic Year (AAEC) Source: Institutional Research Services 70 2 4 60 50 1 3 0 6 1 8 2 7 40 2 2 30 20 Agricultural and Applied Economics 10 0 00/01 01/02 02/03 03/04 04/05 05/06 28 Comparison of Degrees Aw arded Fall Data Colorado State University Bachelor Master Doctoral North Dakota State University Bachelor Graduates Int'l Graduates University of Missouri Bachelor 00/01 01/02 02/03 03/04 04/05 05/06 49 47 47 30 32 4 3 6 10 5 6 6 4 2 0 164 155 173 177 23 19 18 18 0 11 1 4 ABM 22 38 38 28 51 Ag Econ 37 39 21 25 15 Total 59 8 77 4 59 6 53 13 66 4 3 1 3 6 6 68 71 52 41 68 3 4 3 3 5 2 2 0 0 2 25 40 45 46 38 11 4 10 11 5 0 0 11 1 4 50 46 28 42 55 54 3 6 2 7 4 8 1 0 2 2 2 1 Master Doctoral University of Nebraska - Lincoln Bachelor Master Doctoral Virginia Tech Bachelor Master Doctoral Texas Tech Bachelor Master Doctoral AAEC – Degrees Awarded, 2000/01 – 2005/06 (Departmental Official Records) Program Degrees Awarded Source: Institutional Research Services Name of Program Undergraduate M.S. Ph.D. 2000-2001 52 3 1 2001-2002 52 6 0 2002-2003 37 2 2 2003-2004 45 7 2 2004-2005 58 4 2 2005-2006 58 8 1 Our departmental records with respect to the number of degrees awarded by our Department differ slightly with the data gathered by the Graduate School, especially with respect to the undergraduate degrees awarded. We feel that the number of degrees awarded by our department , in relative terms, compares very well to other departments of similar size (Colorado State University for example). There seems to be some mistakes in the table at the top of this page, North Dakota State University’s number of degrees awarded data seems to be the same as the enrollment data in section D below. Agricultural and Applied Economics 29 Time to Degree in Years (AAEC) Source: Institutional Research Services 7.00 6.00 5.00 4.00 3.00 2.00 1.00 0.00 00/01 01/02 02/03 03/04 04/05 05/06 Master's 3.67 3.00 2.00 3.29 3.13 2.38 Doctorate 4.50 0.00 3.50 5.75 4.50 3.50 Average years to graduate for all students graduating each year Agricultural and Applied Economics 30 C. Undergraduate and graduate semester credit hours Semester Credit Hours - Academic Year (AAEC) Source: Institutional Research Services 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 Undergraduate Graduate 00/01 3,770 440 01/02 3,434 543 02/03 3,553 491 03/04 3,924 502 04/05 3,811 643 05/06 4,162 518 AY SCH compared to Budget (AAEC) Source: Institutional Research Services $140,000 4,500 4,000 $120,000 3,500 $100,000 3,000 $80,000 2,500 2,000 $60,000 1,500 $40,000 1,000 $20,000 500 0 Undergraduate Graduate Operating Cost 00/01 01/02 02/03 03/04 04/05 05/06 3,770 3,434 3,553 3,924 3,811 4,162 440 543 491 502 643 518 $124,270 $93,329 $89,960 $107,370 $114,019 $96,942 $0 Agricultural and Applied Economics 31 D. Number of majors in the department for the fall semesters Enrollment by Level - Fall Data (AAEC) Source: Institutional Research Services 250 200 150 100 50 0 2001 2002 2003 2004 2005 2006 Bachelor's 120 102 128 157 190 204 Masters 14 12 15 16 16 13 Doctoral 7 10 10 11 12 15 Total Enrollment by Year - Fall Data (AAEC) Source: Institutional Research Services 250 12 16 200 15 13 11 16 150 7 14 100 10 15 10 12 190 204 157 50 0 120 128 102 2001 2002 2003 2004 2005 Doctoral 7 10 10 11 12 15 Masters 14 12 15 16 16 13 120 102 128 157 190 204 Bachelor's 2006 Agricultural and Applied Economics 32 Comparison of Enrollment Fall Data Colorado State University 00/01 01/02 02/03 03/04 04/05 05/06 Bachelor 162 159 133 125 144 Graduate 38 42 37 35 28 164 155 173 177 23 19 18 18 North Dakota State University Bachelor Graduates Int'l Graduates University of Missouri Bachelor 1 ABM 113 148 148 145 Ag Econ 112 88 72 66 47 Total 225 236 220 211 197 17 21 23 21 15 29 19 28 32 34 314 266 240 222 210 14 13 19 17 18 9 8 7 9 8 111/123 110/118 104/112 112/98 104/116 21/18 19/15 14/16 15/7 18/22 5 --- 0 8 --- 5 3 --- 6 5 --- 10 3 --- 2 120 102 128 157 190 14 12 15 16 16 7 10 10 11 12 Master Doctoral University of Nebraska - Lincoln Bachelor Master Doctoral Virginia Tech Bachelor Master Doctoral Texas Tech Bachelor Master Doctoral 150 AAEC – Enrollment, 2000/01 – 2005/06 (Departmental Official Records) Program Enrollment Source: Institutional Research Services Name of Program 2000-2001 2001-2002 2002-2003 2003-2004 2004-2005 2005-2006 Undergraduate M.S. Ph.D. 245 14 7 230 12 10 259 15 10 269 16 11 282 16 12 301 14 15 Records with respect to enrollment in our programs are quite different from the data gathered by the Graduate School for this review, especially for the undergraduate program (for example there is a 111 undergraduate students difference in FY 2005-2006). Our TOTAL enrollment has SIGNIFCANTLY increased in recent years (our enrollment in the Fall of 2007, this year, is as follows: 330 undergraduate students, 13 Master students (11 M.S. and 2 Master of Agribusiness), and 14 Ph.D. students). We have devoted significant amount of faculty resources and energy toward this end and it is beginning to pay off. We have the second Agricultural and Applied Economics 33 largest enrollment of any other department in our college and we are in the top one-third with respect to size when compared with other agricultural economics department in the U.S. Granted, our overall enrollment in the graduate program has been somewhat flat in recent years (this has been the national trend in agricultural economics programs due to a very strong job market for undergraduate students). This was a trend which was observed by the faculty approximately three years ago. At that time, we started to strategize about a possible course of action to address this enrollment issue. After careful consideration of possible alternative courses of action, the faculty decided that the implementation of the Master of Agribusiness program would be the most viable solution to increase our graduate enrollment. Thus, we began to work on the development of this program in the Fall of 2005. The proposal to the Texas Higher Education Coordinating Board was finalized early in the Spring of 2006, some early delays were experienced in the approval process, but it was finally approved for implementation in the Fall of 2006. It is anticipated that within three years (2010) we will have 12 to 15 students enrolled in the Master of Agribusiness program. We have developed concise and pointed plans to recruit graduate students into this program. The Graduate School has been instrumental in providing funding in support of our recruitment efforts into this program. Overall, we feel that our student enrollment in all of our programs is adequate and that the areas needing attention are being decisively addressed. Our goal within the next four to five years is to stabilize enrollment in our department as follows: approximately 350 students in both of our undergraduates programs; approximately 20 students in our M.S. (thesis and non-thesis) and M.A. programs; approximately 15 students in our Master of Agribusiness program; and approximately 15 students in our Ph.D. program. We feel that this load, approximately 350 undergraduate students and 50 graduate students is a reachable goal with the current level of resources we have. However, it is felt that space availability (classroom space and office space for graduate students) is likely to present a serious constraint/problem. Agricultural and Applied Economics 34 E. Course enrollments over the past six years (enrollment trends by course – all figures are totals – classes may be offered more than once a year). Course AGSC 2300 AGSC 2301 AAEC 2305 AAEC 3100 AAEC 3301 AAEC 3302 AAEC 3304 AAEC 3305 AAEC 3315 AAEC 3316 AAEC 3401 AAEC 4000 AAEC 4100 AAEC 4301 AAEC 4302 AAEC 4303 AAEC 4305 AAEC 4306 AAEC 4309 AAEC 4312 AAEC 4313 AAEC 4315 AAEC 4316 AAEC 4317 AAEC 4320 AAEC 5000 AAEC 5301 AAEC 5302 AAEC 5303 AAEC 5307 AAEC 5308 AAEC 5309 AAEC 5310 AAEC 5312 AAEC 5313 AAEC 5315 AAEC 5316 AAEC 5317 AAEC 5318 AAEC 5320 AAEC 5321 AAEC 6000 2000-2001 142 24 231 63 24 27 80 11 71 90 140 15 48 6 77 25 47 53 19 27 2001-2002 133 44 242 2002-2003 140 49 297 2003-2004 113 96 295 62 76 77 81 68 79 39 121 11 2004-2005 74 81 258 103 74 83 94 63 94 2005-2006 68 87 248 102 71 89 108 70 116 38 69 77 55 19 44 47 39 60 70 11 75 66 104 12 46 4 57 34 52 42 6 23 8 49 30 56 45 119 13 117 5 2 79 43 46 40 5 52 48 31 35 5 67 57 45 47 22 24 44 55 40 22 21 35 45 66 44 37 22 42 43 74 17 4 8 12 15 3 10 12 17 1 6 10 2 6 2 11 14 13 14 4 12 6 6 6 7 6 1 1 3 8 5 9 9 7 8 3 7 6 5 1 5 2 6 6 29 6 19 1 8 3 6 3 13 47 1 8 27 1 6 33 66 65 118 7 43 5 82 32 34 34 14 10 39 28 59 45 NEW 3 1 7 8 NEW 2 32 Agricultural and Applied Economics 35 AAEC 6301 AAEC 6302 AAEC 6305 AAEC 6308 AAEC 6310 AAEC 6311 AAEC 7000 AAEC 7200 AAEC 8000 5 2 1 4 14 7 13 1 11 3 6 4 6 11 10 3 24 15 7 25 23 15 5 9 5 15 3 23 4 12 2 28 F. Inventory of courses in AAEC (we currently do not have any cross listed courses). However we do have few “piggy back” courses. These include: Cross Listed Courses AGSC 2301 AAEC 5313 AAEC 4303 5315 AAEC 4316 5318 AAEC 4317 5317 AAEC 4320 5320 AAEC 6302 5302 AAEC 6308 5308 The courses we offer include (the syllabus of all courses are included in Appendix B): 2000 Level Courses AGSC 2300. [AGRI 1309] Computers in Agriculture (3:2:2). Introduction to information technology in agricultural applications. Includes applications in spreadsheet data analysis, word processing, and database management. F, S. AGSC 2301. Computers in Agriculture II (3:2:2). Prerequisite AGSC 2300 or satisfactory performance on placement exam. Introduction to database management applications, extended application of spreadsheet software, and networked systems. F, S. 2305. [AGRI 2317] Fundamentals of Agricultural and Applied Economics (3:3:0). Fundamental economic principles and their application to problems and issues in the food, fiber, and natural resource sectors of the economy. Fulfills Core Social and Behavioral Sciences – Individual or Group Behavior requirement. F, S, SS. 3000 Level Courses 3100. Seminar (1:1:0). Prerequisite: Junior standing. Assigned readings, informal discussion, outside speakers, and written and oral reports on subjects relating to agricultural and applied economics. F, S. Agricultural and Applied Economics 36 3301. Agribusiness Marketing (3:2:3). Prerequisite: AAEC 2305 and ENGL 1302. Marketing of raw materials and processed products from the management perspective. Market structure, conduct, performance. Marketing channels. F, S. (Writing Intensive) 3302. Agribusiness Finance (3:3:0). Prerequisite: AAEC 2305 and MATH 1320 or 1330. Basic principles of finance emphasizing the mathematics of finance, credit, and financial analysis. F, S. 3303. Cooperatives (3:3:0). Prerequisite: AAEC 3301. Organization and operation of agricultural and other cooperatives. S or by correspondence. (Writing Intensive) 3304. Farm and Ranch Business Management (3:2:3). Prerequisite: AAEC 2305 or equivalent. Organization and management of the individual small business including farms, ranches, input suppliers, commodity processors, etc. F, S. 3305. Introduction to Sales (3:3:0). Prerequisite: Sophomore standing. Principles and methods used in professional selling for the business environment. Includes concepts of human behavior and professional selling techniques. F, S. 3315. Agricultural Price Theory (3:3:0). Prerequisite: AAEC 2305, MATH 1331, and junior standing. Basic economic principles with applications to agricultural pricing problems and resource allocations. F, S, SS. 3401. Agricultural Statistics (4:3:3). Prerequisite: College algebra or higher mathematics. Principles and procedures involved in the analysis of agricultural data including indices of central tendency and dispersion; probability; sampling; significance tests; analysis of variance; and simple linear correlation. Fulfills Core Mathematics requirement. F, S, SS. 4000 Level Courses 4000. Internship in Agricultural and Applied Economics (V1-12). Prerequisite: Sophomore standing and approval. Supervised study providing in-service training and practice in business and organizations. F, S, SS. 4101. Current Problems in Agricultural and Applied Economics (1). Prerequisite: Senior standing. Topics may vary. May be repeated twice for credit. F, S, SS. 4301. Special Problems in Applied Economic Analysis (3). Prerequisite: AGSC 4300 or approval. Individual instruction in analysis of a research problem. May be repeated with the approval of the department. S. (Writing Intensive) 4302. Statistical Methods in Agricultural Research (3:3:0). Prerequisite: AAEC 3401 and MATH 1331. Advanced agricultural statistical analysis related to research methods using probability theory; tests of statistical significance; multiple correlation and regression; analysis of covariance; and experimental design. S, SS. 4303. Property Appraisal (3:3:0). Prerequisite: AAEC 2305 and sophomore English or ENGL 2311. Factors governing property prices and valuation. Appraisal of property for use, sale, and other purposes. F. (Writing Intensive) Agricultural and Applied Economics 37 4305. Agricultural and Public Policy (3:3:0). Prerequisite: AAEC 3315. Historical development and economic analysis of public programs and policies affecting the food and fiber sector and the environment. F. (Writing Intensive) 4306. International Agricultural Trade (3:3:0). Prerequisite: Junior standing and AAEC 3315. Economic principles of interregional and international trade, location, and inter-area competition in products and services. S. (Writing Intensive) 4309. Sustaining Global Ecology, Natural Resources and Economy (3:3:0). Prerequisites: MATH 1330 or equivalent; recommend one BIOL or ECO course. Challenges to global markets and environment across diverse systems and histories. 4312. Applied Optimization Methods (3:3:0). Prerequisite: AAEC 3315 or equivalent. Study of techniques applicable to economic optimization problems, including mathematical optimization and linear programming. Emphasis on problem solving. F. 4313. Natural Resource Economics (3:3:0). Prerequisite: AAEC 3315 and junior standing. Economics of natural resource use and allocation including land economics, economics of water development, and environmental economics. S. (Writing Intensive) 4315. Agribusiness Management (3:3:0). Prerequisite: AAEC 3315 and 3401. Case studies emphasizing managerial techniques applied to decision-making problems of business firms. F. (Writing Intensive) 4316. Agricultural Financial Analysis (3:3:0). Prerequisite: AAEC 3302 or FIN 3320. Principles and procedures in managing financial and credit resources; nature, purposes, and use of financial statements, budgets, and credit instruments; and criteria for decision making in borrowing and lending. S. 4317. Commodity Futures Trading and Analysis (3:3:0). Prerequisite: Junior standing and AAEC 2305. History and characteristics of commodity futures markets, hedging and speculation, and use of futures as a management tool. F, S. 4320. Agribusiness Law (3:3:0). Prerequisite: AAEC 2305 and junior standing. Federal regulatory programs, market orders, Packers and Stockyards Act, bankruptcy. Administrative, environmental, antitrust law, Uniform Commercial Code, in an agribusiness context. F. 5000 Level Courses 5000. Professional Internship (V1-6). Supervised study providing in-service training and practice in a professional setting, including businesses and non-profits. 5301. Special Study in Agricultural and Applied Economics (3). Individual and group study in advanced topics not covered in other graduate courses. May be repeated for credit. F, S, SS. 5302. Food and Agriculture Sector Public Policy (3:3:0). Prerequisite: AAEC 4305. Analysis of public policies affecting the food and fiber sector; commodity programs, environmental laws, and trade policy. F. 5303. Advanced Production Economics (3:3:0). Prerequisite: AAEC 3315. Criteria for resource use optimality under price and yield certainty and uncertainty. F. Agricultural and Applied Economics 38 5307. Applied Econometrics I (3:3:0). Prerequisite: AAEC 4302. Advanced statistical methods, including multiple regression analysis, for applied economic problems; constructing econometric models; multicollinearity, autocorrelation, heteroscedasticity, and related problems. F. 5308. Natural Resource Economics (3:3:0). Prerequisite: ECO 5312 or consent of instructor. Economic theory and empirical investigations of resource utilization with special emphasis on arid and semi-arid land areas and environmental issues. F. 5309. International Economic Development in Food and Fiber Sectors (3:3:0). Prerequisite: AAEC 3315. World food and development issues; economic development of the food and fiber sector in industrialized and developing economies. F. 5310. Advanced Market Analysis (3:3:0). Prerequisite: ECO 5312 and AAEC 5307. Theoretical and empirical approaches to market structures and market price behavior. S. 5312. Agribusiness Analysis (3:3:0). Prerequisite: AAEC 3315. Application of economic theory and methods to management problems of the business firms in the food and fiber sector. F. 5313. Microcomputer Applications in Agribusiness and Research (3:2:2). Use of microcomputers, software, and design of software for agricultural business and research purposes. Not open to majors. F, S. 5314. Environmental Economics and Policy Analysis (3:3:0). Familiarize students with economic techniques and their use in analyzing natural resources and environmental policy issues. For nonmajors only. 5315. Property Appraisal (3:3:0). Factors governing land prices, valuation. Appraisal for use, sale, lending, condemnation, estate settlement, taxation. Not open to students with AAEC 4303 or equivalent. F. 5316. International Agricultural Trade (3:3:0). Economic theory dealing with the international movement of goods, services, and capital; welfare and distributional aspects of trade; and policy issues in international agricultural trade. S. 5317. Financial and Commodity Futures and Options (3:3:0). Mechanics of futures trading, history and functions of futures market. Role of futures and options markets in managing risks. Not open to students with AAEC 4317 or equivalent. F, S. 5318. Finance and the Agribusiness Sector (3:3:0). Prerequisite: FIN 5320. Applications of financial theory for the agribusiness sector. Risk, capital structure, business structure, investment analysis. S. 5320. Agribusiness Law (3:3:0). Federal regulatory programs, market orders, bankruptcy. Administrative, environmental, antitrust law, Uniform Commercial Code in agricultural context. Not open to students with AAEC 4320 or equivalent. F. 5321. Research Methodology in Economics (3:3:0). Review of philosophical and conceptual basis of economic research and study of the procedural aspects of designing, planning, and conducting research in economics. S. 5393. Economics and Policies of the Global Cotton/Textile Complex (3:3:0). Development and current state of production, processing, and marketing; impacts of government policies; alternative competitive structures of cotton and textile industries and impacts on performance. Agricultural and Applied Economics 39 6000 Level Courses 6000. Master’s Thesis (V1-6). 6301. Advanced Special Problems in Agricultural and Applied Economics (3). Individual study in advanced topics not covered in other graduate courses. F, S, SS. 6302. Food, Agriculture, and Natural Resource Policy Analysis (3:3:0). Prerequisite: AAEC 4305. Analysis of policies, programs affecting food, agricultural commodities, trade, and natural resources. Includes policies in the U.S. and other countries. F. 6305. Economic Optimization (3:3:0). Prerequisite: AAEC 5303. Development and use of mathematical economic models emphasizing static and stochastic linear, nonlinear and dynamic processes. F. 6308. Advanced Natural Resource Economics (3:3:0). Prerequisite: ECO 5312. Advanced economic theory and analysis of environmental and natural resource issues, both domestic and global. F. 6310. Demand and Price Analysis (3:3:0). Prerequisite: ECO 5312. Applied price and demand analysis including complete demand systems and hedonic-characteristic price analysis. S. 6311. Applied Econometrics II (3:3:0). Prerequisite: AAEC 5307. Methods and applications of single and multi-equation models in agricultural economics; logit and probit models, nonstructural models and related methods. S. 7000 Level Courses 7000. Research (V1-12). 7200. Teaching Practicum (2:3:0). Prerequisite: Doctoral student in the program and previous or concurrent enrollment in a higher education teaching methods course. Supervised teaching at the university level. 8000 Level Courses 8000. Doctor’s Dissertation (V1-12). Agricultural and Applied Economics 40 Student Interns – Agricultural and Applied Economics Fall 2000 (2): Andrew Boyd, National Association of Grain Sorghum Producers, Lubbock, Texas; and Blair Lang, Plains National Bank - Financial, Lubbock, Texas. Spring 2001 (3): Lauri Vaughn, U.S. Congress - House Committee on Agriculture, Washington, D.C.; Jana Howe, U.S. Congress - Charles Stenholm, Washington, D.C.; and Brandon Lipps, U.S. Congress - Lamar Smith, Washington, D.C. Summer 2001 (6): Carmen Haworth, U.S. Congress - House Committee on Agriculture, Washington, D.C.; Katie Yates, Monsanto, Memphis, Tennessee; Joshua Burris, Pioneer Hybrid Seed Co., Garden City, Kansas; Russ Hodges, TTU Crop Physiology, Lubbock, Texas; Andrew McMurry, First National Bank of Abilene, Abilene, Texas; and Shane Tomlin, Roscoe State Bank, Roscoe, Texas. Fall 2001 (1): Michelle Fisher, U.S. Senate - Kay Bailey Hutchison, Washington, D.C. Spring 2002 (2): Heidi Adams, U.S. Senate - Pete Domenici, Washington, D.C., Matthew S. Schertz, U.S. Congress - House Committee on Agriculture, Washington, D.C. Summer 2002 (5): Casey Barrett, State National Bank, Lubbock, Texas; Bryan Benson, Monsanto, Memphis, Tennessee; Brent Carson, U.S. Congress - Kevin Brady, Washington, D.C.; Ginger Sides, U.S. Senate - Kay Bailey Hutchison, Washington, D.C.: and Ollie Williams, Ranch Real Estate, San Angelo, Texas. Spring 2003 (3): Dustin Miller, TTU - Agricultural and Applied Economics, Lubbock, Texas; Candence Royal, U.S. Congress - Lamar Smith, Washington, D.C.; and Katherine Baggerman, State House of Representatives - David Swinford, Austin, Texas. Summer 2003 (3): Jeffrey Graham, Forbes Show Cattle, Tahoka, Texas; M. Joseph Collins, Archer, Daniels & Midland Co., Lubbock, Texas; and Jessica Price, U.S. Senate - John Cornyn, Washington, D.C. Fall 2003 (4): Richard B. Moore, U.S. Congress - Charles Stenholm, Washington, D.C.; M. Joseph Collins, Archer, Daniels & Midland Co., Lubbock, Texas; Stacy Hinderliter, National Grain Sorghum Producers Association, Lubbock, Texas; and Kayla Hines, Ag. Texas - Farm Credit Services, Lubbock, Texas. Spring 2004 (4): Craig T. Harman, National Grain Sorghum Producers Association, Lubbock, Texas; Kayla Hines, Ag. Texas - Farm Credit Services, Lubbock, Texas; Brian C. Lehrmann, U.S. Congress - Kay Granger, Washington, D.C.; and Charles E. Wilson, U.S. Congress Randy Naeugebauer, Washington, D.C. Summer 2004 (2): Audrey Hensley, Rousseau Farming Company, Tolleson, Arizona; and Sarah Blessing, Agri-Search, Inc., Plainview, Texas. Fall 2004 (1): Alyssa Irlbeck, Morgan Stanley, Lubbock, Texas. Agricultural and Applied Economics 41 Spring 2005 (3): Scott Graves, U.S. House Committee on Agriculture, Washington, D.C.; Daniel C. Hardin, Berry Ranch, Eunice, New Mexico; and Kyle Kight, Iden Farms, Bigh Spring, Texas. Summer 2005 (7): Andrew D. Carthel, Texas Cooperative Extension - IPM Internship Program, Farwell, Texas; Chris E. Cogburn, National Grain Sorghum Producers Association, Lubbock, Texas; Kinsey L. Cumba, First National Bank of Baird, Baird, Texas; Weston D. Harding, REMAX Real State, Lubbock, Texas; Joshua T. Kute, AIRTITE Window Manufacturing, Abilene, Texas; Tobin C. Ellison, U.S. House Committee on Agriculture, Washington, D.C.; and Brett J. Schniers, Twin Farms, Inc., San Angelo, Texas. Fall 2005 (2): Tobin Ellison, U.S. House Committee on Agriculture, Washington, D.C.; and Jessica Neitsch, U.S. Congress - Mike Conaway. Spring 2006 (2): Aaron Pembleton, U.S. House Committee on Agriculture, Washington,.DC; Donna Mitchell, U.S. Congress – Mike Conaway, Washington, DC. Summer 2006(1): Brandon Graf, Mark Scott Crop Consulting, Lubbock, Texas. Fall 2006(1): Mark Peabody, Pro Chem Sales, Lubbock, Texas. Agricultural and Applied Economics 42 III. Faculty A. Number, rank, and demographics of the graduate faculty Teaching Resources (AAEC) Source: Institutional Research Services 16 14 12 10 8 6 4 2 0 2001 2002 2003 2004 2005 2006 Tenured/Tenure Track faculty 10 13 12 12 14 14 Non-tenure track faculty 3 3 4 3 2 2 GPTI 0 0 0 0 0 0 TA's 3 2 2 1 2 3 Tenured and Tenure-Track by Rank - Fall Data (AAEC) Source: Institutional Research Services 7 6 5 4 3 2 1 0 Horn Professor Professor Associate Professor Assistant Professor 2001 0 2 4 4 2002 0 3 4 6 2003 0 4 2 6 2004 0 4 3 5 2005 0 4 5 5 2006 0 4 5 5 Agricultural and Applied Economics 43 Comparison of Full-time Faculty Colorado State University Tenure/Tenure Track Non-tenure track TA's North Dakota State University Tenure/Tenure Track Non-tenure track TA's University of Missouri Tenure/Tenure Track Non-tenure track TA's University of Nebraska - Lincoln Tenure/Tenure Track Non-tenure track TA's Virginia Tech Tenure/Tenure Track Non-tenure track TA's Texas Tech Tenure/Tenure Track Non-tenure track GPTI's TA's 01/02 02/03 03/04 04/05 05/06 06/07 17 18 15 15 13 4 3 2 1 5 2 2 2 2 5 19 18 17 19 19 19 7 7 3 5 5 6 17 19 21 19 19 20 9 8 7 9 9 10 24 25 24 21 23 20 2 2 2 3 3 2 22 19 18 15 14 22 2 1 1 1 2 2 22 22.33 21 20 25 30 10 13 12 12 14 14 3 3 4 3 2 2 0 0 0 0 0 0 3 2 2 1 2 3 Agricultural and Applied Economics 44 B. List of faculty members in AAEC in the last six years APPT YEAR 1981 – Present 1981 – 2001 1985 – 2001 1987 – Present 1987 – Present 1990 – Present 1993 – Present 1993 – Present 1993 – 2007 1994 – Present 1998 – 2003 1999 – 2006 1999 – Present 1999 – 2000 2000 – 2001 2000 – Present 2001 – Present 2001 – Present 2002 – 2006 2002 – Present 2002 – 2007 2005 – Present 2005 – Present 2006 – Present 2007 – Present FACULTY NAME POSITION Don E. Ethridge (Chair, 1997-2005) W. Kary Mathis (Chair, 1981-1996) R. Terry Ervin Professor Grad Faculty? Y or N Y Professor Y Associate Professor Associate Professor Professor Y Adjunct Professor Professor Y Adjunct Professor Adjunct Professor Professor Y Associate Professor Associate Professor Adjunct Professor Assistant Professor Assistant Professor Associate Professor Associate Professor Associate Professor Assistant Professor Professor Y Assistant Professor Associate Professor Assistant Professor Assistant Professor Assistant Professor Assistant Professor Assistant Professor Y Emmett W. Elam Eduardo Segarra (Chair, 2005-present) Jackie Smith Sukant K. Misra Dean Ethridge Wyatte Harman Phillip N. Johnson Octavio A. Ramirez David Willis Ronald Phillips Michael Livingston Heather Greer Samarendu Mohanty Conrad Lyford Jaime Malaga Vernon Lansford Thomas O. Knight Roderick Rejesus Michael Farmer Jeff Johnson Benaissa Chidmi Chenggang Wang Open Position Open Position TOTAL FTE AVAILABLE TEACHING EFFORT (%) RESEARCH EFFORT (%) OUTREACH EFFORT (%) 50 15 10 ADMIN EFFORT (%) 25 Y 50 15 10 25 Y 25 15 10 50 25 15 10 50 50 30 10 10 Y 40 40 10 10 Y 40 40 10 10 Y 40 50 10 30 35 10 Y 40 25 10 Y 20 20 10 Y 60 30 10 Y 30 35 10 Y 45 45 10 Y 45 45 10 5.90 4.55 1.50 Y Y Y Y Y Y Y Y Y Agricultural and Applied Economics 25 25 2.30 45 As indicated by the information provided above, in AAEC we have 15 faculty positions but once you discount the portions of the appointments of the faculty members who’s appointments are split with other units (Farmer has a 25% appointment with NRM, and Jeff Johnson and Wang have 25% appointments with the experiment station) we end up with 14.25 overall FTEs available to the department. It is important to highlight here that given the fact that we are in the middle of hiring two new junior faculty members this Fall 2007, this implies that in a little over two years we have hired 6 new faculty members in our department. This is quite significant given the fact that this number of faculty members represents over one-third of the entire faculty. This happening presents both, challenges and opportunities. In the one hand, the recent level of faculty turnover represents a challenge because we must ensure in the short-run a continued high level of reliability, accountability, and quality of our teaching, research and service programs which with a larger proportion of junior faculty in our faculty ranks places a greater strain on the more senior members of our faculty. On the other hand, however, the recent level of faculty turnover represents an opportunity because of the high level of energy and quality, and strong commitment to all of our programs demonstrated by all the new members of the faculty. The future for AAEC truly looks bright. We feel that we have a superb set of academic programs which are quite significant to the professional formation of our students (undergraduate and graduate), we have strong - highly visible - and widely recognized set of research programs which are well focused, and continue to make significant and sincerely appreciated service and outreach contributions in the academic and non-academic arenas at the local, state, regional, national, and international levels. C. Summary of the number of referred publications and creative activities Publication Type Referred Articles Books/Book Chapters Technical Reports Proceedings papers 2001 N=10 F=10 16 0 19 18 2002 N=13 F=13 23 7 14 12 2003 N= 12 F=12 19 1 13 23 2004 N=12 F=12 16 1 7 16 2005 N= 13 F=14 21 5 16 11 2006 N= 14 F=15 27 2 11 11 Referred Abstracts Other Presentations 26 8 8 4 11 13 5 16 10 33 7 32 Agricultural and Applied Economics 46 N = # of full time faculty contributing F = # of full time faculty in department As pointed out earlier, Appendix G contains copies of the last six departmental Annual Research Reports which document all the particulars with respect to all the publications published by the entire department in an annual basis. Also, it is important to point out that we are in the process of filling two faculty positions. Thus, we have been at least one faculty member down for well over a year. The level of productivity demonstrated by both, the quality and quantity of varied publications published by the department in the last six years is above the norm in our profession. Note, that the level of published output produced by the faculty listed above was possible with ONLY 4.55 research FTEs available in the department. D. Responsibilities and leadership in professional societies, other outreach activities and awards received, and graduate student advising (please see Appendix F for documentation of specific accomplishments of individual faculty members). 2001 N=10 F=10 2002 N= 13 F=13 Professional Leadership Service in Federal/State/ Regional review panels 5 Executive Board or Officer in National Organizations 3 Professional Committees in National Organizations 5 Conferences Offered and Conducted 2 2 Invited presentations 6 Submitted presentations 46 52 Teaching Awards Received 2 Research Awards Received 1 Service Awards Received 2 N = # of full time faculty contributing 2003 N= 12 F=12 2004 N=12 F=12 2005 N=13 F=14 2006 N=14 F=15 0 2 3 5 4 4 4 5 2 4 5 14 3 4 4 5 0 11 12 14 20 47 37 54 0 2 5 3 2 1 1 3 9 1 1 1 F = # of full time faculty in department The level of participation of AAEC faculty in professional societies and other outreach activities (note that faculty committee participation is not listed in the table above, but is documented in Appendix F) is truly commendable considering that ONLY 1.50 FTEs are available for this type of activities/commitments. Agricultural and Applied Economics 47 Faculty Name Chidmi, Benaissa Elam, Emmett Ethridge, Don E. Ethridge, Dean (adjunct) Farmer, Michael Johnson, Jeffrey Johnson, Phillip Knight, Tomas Lyford, Conrad Malaga, Jaime Misra, Sukant Mohanty, Samarendu Phillips, Ronald (adjunct) Segarra, Eduardo Smith, Jackie (adjunct) Committees Served in department MS PhD Committees Chaired MS PhD 5 1 1 4 2 3 6 3 1 5 1 Committees Served outside department MS PhD 1 6 5 1 2 2 4 1 1 2 1 4 6 1 2 2 4 3 5 5 3 2 2 3 3 2 5 1 8 5 2 4 1 1 1 1 3 5 8 3 6 5 2 AAEC faculty also was active serving as the Graduate School Representative at Ph.D. Dissertation Defenses across the University. Overall, AAEC faculty served as Graduate Scholl Representative at 13 Dissertation defenses in the last six years (individual faculty members serving in this capacity were: Elam, 4 times; Don Ethridge, 2 times; Farmer, 1 time; Jeffrey Johnson, 2 times; Knight, 1 time; Mohanty, 1 time; and Segarra, 2 times). Please see Appendix F for documentation of the particular accomplishments of individual faculty members regarding graduate student program Agricultural and Applied Economics 48 participation (names of students, title of thesis/dissertation/departments faculty worked with, etc.). Also, it is relevant to point out here that in AAEC every faculty member participates in advising activities of undergraduate students in an on-going basis (every faculty member advised a minimum of 25 undergraduate students in an ongoing basis). E. Assess average faculty productivity for Fall semesters only (use discipline appropriate criteria to determine) POLICY FACULTY WORKLOAD (per FTE) Department 2001 2002 2003 18.13 12.91 14.78 2004 2005 2006 14.19 15.20 16.97 Overall, Policy Faculty Workload (PFW) per FTE in AAEC has been slightly below the average for CASNR, but has been in line (in fact it has been slightly above) with the norm for the university as a whole. It is important to note that the reason why PFW per FTE in AAEC decreased from 2001 to 2002 was due to the increase in FTE in 2002. As shown by the data listed above, PFW per FTE has shown a positive trend since 2002. It is anticipated that with the expected increase in enrollment in the Master of Agribusiness program and enhanced efforts to increase overall enrollment in our other graduate programs and the undergraduate programs, PFW per FTE will be improved further in the future. It is important to highlight here that the faculty in AAEC has overall been very productive in the last six years. All of our academic programs are strong and well recognized nationally (and the placement of all of our students who have graduated has been very good). Our research contributions are highly and widely recognized at the local, state, regional, national and international levels (please see Appendix G for specific accomplishments contained in the annual research reports). The AAEC faculty has published an average of over 20 refereed journal articles per year in the last six years (almost 1.5 refereed articles per faculty member) and published many other pieces in varied and significant outlets which have brought recognition to our department, CASNR and Texas Tech University. Our ability to raise research funds in support of our research programs have been quite successful and have improved over time (average research expenditures of Agricultural and Applied Economics 49 $1.56 million per year in the last six years which has been equivalent to over $100,000 per year per faculty member). Our service and outreach contributions encompass the entire spectrum from local sponsorship of workshops and conferences to the support of local producer and professional organizations in varied capacities. All these figures are truly magnified when it is realized the degree of synchronization and efficiency required to accomplish all the things we have accomplished with the faculty resources we have at our disposal (14.25 overall FTEs available in the department; 5.90 FTEs for teaching; 4.55 FTEs for research; and 1.50 FTEs for outreach). College SCH/FTE - Fall Data Source: Institutional Research Services 205 200 195 190 185 180 175 170 165 160 SCH/FTE for total faculty 2001 2002 2003 2004 2005 2006 195 196 199 176 173 181 Department SCH/FTE - Fall Data (AAEC) Source: Institutional Research Services 180 160 140 120 Agricultural and Applied Economics 100 80 60 50 IV. Graduate Students A. Demographics of applicants and enrolled students Graduate Student Summary by Category - Fall Data (AAEC) Source: Institutional Research Services 45 40 35 30 25 20 15 10 5 0 Total Applicants Total Admitted New Grad Students 2001 14 8 6 Students Graduated 4 2002 23 10 6 6 2003 39 18 6 4 2004 19 11 9 9 2005 27 10 6 6 2006 26 14 8 9 Agricultural and Applied Economics 51 Graduate Student Summary by Year - Fall Data (AAEC) Source: Institutional Research Services 45 40 35 30 25 20 15 10 5 0 2001 2002 2003 2004 2005 2006 14 23 39 19 27 26 Total Admitted 8 10 18 11 10 14 New Grad Students 6 6 6 9 6 8 Students Graduated 4 6 4 9 6 9 Total Applicants Graduate Applicants by Region - Fall/Summer Data (AAEC) Source: Institutional Research Services 25 20 15 10 5 0 Blank Code TX USA 5 2 INT'L 2001 0 7 2002 2 5 0 16 2003 5 10 1 22 2004 2 8 2 7 2005 0 9 4 14 2006 2 8 3 13 Agricultural and Applied Economics 52 Graduate Applicants - Fall Data 2001 F 0 0 0 0 4 0 2 Amer Ind Asian Black Hispanic Non-Resident Unknown W hite Gender Total M 6 0 0 0 0 4 0 4 8 2002 F 0 0 0 0 7 0 2 F 0 0 0 0 9 0 5 9 14 Total Applicants 2003 M 14 Asian Black Hispanic Non-Resident Unknown W hite Gender Total M 0 0 0 0 2 0 2 Amer Ind 4 0 0 0 0 2 0 2 4 F 14 0 0 0 0 15 1 9 25 F 0 0 0 0 3 0 4 7 0 0 0 0 2 1 4 10 0 0 0 0 1 0 1 Amer Ind Asian Black Hispanic Non-Resident Unknown W hite Gender Total Total Enrolled M 2 0 0 0 1 1 0 2 4 6 F 0 0 0 0 6 0 5 11 0 0 0 0 1 0 1 F 0 0 0 0 2 0 2 4 6 0 0 0 0 1 0 1 9 0 0 0 0 2 0 4 12 0 0 0 0 0 1 2 0 0 1 0 1 0 5 7 0 0 1 0 2 0 2 0 0 0 0 1 0 3 4 0 1 0 1 2 1 2 0 0 1 0 2 1 3 7 14 2006 M 0 0 0 0 0 1 1 2 M 7 2005 F 0 2 1 0 4 1 6 14 F 10 M 9 0 2 0 1 2 2 5 2006 M 3 M 26 2005 2004 5 0 1 2 1 7 1 6 18 F 6 F F 27 M 5 0 0 0 0 2 0 2 4 6 13 2006 M 0 0 0 0 3 2 4 11 M 2 0 0 0 0 7 0 6 0 0 1 0 1 0 3 18 M 2 6 F Enrolled New Graduate Students - Fall Data 2001 2002 2003 F 0 0 1 0 1 0 4 F 2004 M 7 2005 M 19 2003 M 3 F 39 0 0 0 0 2 0 1 8 Total Admitted 0 0 0 0 7 1 6 23 Admitted Graduate Students - Fall Data 2001 2002 F 2004 M F 0 0 1 0 1 0 2 4 6 Agricultural and Applied Economics M 0 1 0 0 0 1 0 2 0 0 1 0 3 1 1 6 8 53 Demographics of Enrolled Graduate Students - Fall Data 2001 2002 2003 2004 F 0 0 0 0 1 0 3 Amer Ind Asian Black Hispanic Non-Resident Unknown W hite Gender Total M 4 0 0 0 1 8 0 8 17 F M 0 0 0 0 2 0 2 4 0 0 0 1 8 0 9 18 21 Graduate F M 0 0 0 0 3 0 3 6 22 F 0 0 0 1 9 0 9 19 M 0 0 1 0 4 0 5 10 25 2005 F 0 0 0 0 7 0 10 17 M 0 0 1 0 4 1 6 12 27 2006 F 0 0 1 0 6 0 9 16 Amer Ind Asian Black Hispanic Non-Resident Unknown W hite Gender Total Undergraduate M 0 0 0 1 1 0 24 1 0 1 0 0 0 1 2 0 1 0 0 91 16 26 F 94 19 120 M F M F 1 1 0 4 0 1 76 0 0 1 1 1 1 16 1 1 0 6 1 1 98 0 1 0 1 1 2 1 4 0 1 0 1 19 126 83 102 0 1 1 0 2 2 5 11 28 M F 0 0 1 1 8 1 6 17 28 Demographics of Enrolled Undergraduate Students - Fall Data 2001 2002 2003 2004 2005 F M M 1 1 0 0 0 2 0 2 0 1 0 1 22 160 2006 F M 1 1 0 0 0 1 1 3 0 0 0 0 28 169 20 108 21 136 23 167 30 174 128 157 190 Agricultural and Applied Economics 204 54 B. Test scores (GRE, GMAT and/or TOEFL) of enrolled students Average GRE Scores for Enrolled Graduate Students Fall Data (AAEC) Source: Institutional Research Services 800 700 600 500 400 300 200 100 0 2001 2002 2003 2004 2005 2006 Verbal 385 394 432 470 392 389 Quantitative 520 592 637 690 615 596 Agricultural and Applied Economics 55 C. GPA of new students New Graduate Students GPA by Level - Fall Data (AAEC) Source: Institutional Research Services 4.00 3.50 3.00 2.50 2.00 1.50 1.00 0.50 0.00 2001 2002 2003 2004 2005 2006 Masters 3.25 3.75 3.17 3.52 3.45 3.18 Doctoral 3.33 3.00 3.56 4.00 3.67 0.00 D. Initial position and place of employment of graduates over the past 6 years NAME DEGREE INITIAL POSITION Floeck, Hope M. Ag May-00 Breed Love, Lubbock SoRelle, Jeffrey M.S.-thesis May-00 Research Assoc., Texas Tech Univ. Dunn, Toby M.S.-non-thesis Aug-00 Family Farm Field, Jim Ed M.S.-thesis Aug-00 First Ag. Credit, Lubbock Wei, Jingwei M.S.-thesis Dec-00 Ph.D. Study, Texas Tech Univ. Yu, Man Ph.D. Dec-00 Asst. Prof., Tarleton State Univ. Hoelscher, Kevin M.S.-thesis May-01 American Express, Phoenix Nelson, Jeannie M.S.-thesis Aug-01 Law School, Texas Tech Univ. Blackshear, Jason M.S.-thesis Dec-01 Ph.D. Study, Texas Tech Univ. Adari, Johnson M.Ag. Dec-01 Ph.D. Study, Texas Tech Univ. Jacobson, Heather M.S./J.D. May-02 Law practice, Casper, Wyo. Mutai, Ronald M.S.-thesis May-02 Nordstrom's, Cedar Rapids, IA Agricultural and Applied Economics 56 Carpio, Carlos M.S.-thesis May-02 Ph.D. Study, N.C. State University Denning, Megan M.S.-thesis Dec-02 Pioneer, Des Moines, IA Ward, Jason M.S.-thesis Dec-02 Staple cotton, Greenwood, MS Watson, Susan Ph.D. Dec-02 Asst. Prof, U. of LA at Monroe White, Steven R. M.Ag. May-03 Ph.D. Study, Texas A&M University Fadiga, Mohamadou Ph.D. Aug-03 Post-Doc, Texas Tech Univ. Gao, Xiaoping (David) M.S.-non-thesis Aug-03 Johnson, Jeffrey Ph.D. Dec-03 Dir, Farm Operations, Texas Tech Univ. Lopez, Enrique MS-thesis Dec-03 Central Bank of Nicaragua Musunuru, Naveen Ph.D. Dec-03 Asst. Prof., U of LA at Monroe Li, Hongyuan MS-thesis Dec-03 Univ. of Florida, Gainesville, FL Renteria, Rolando MS-thesis Dec-03 Cargill, Kansas City, KS Youngblood, Jay MS-thesis Dec-03 Security Bank, Idalou, TX Howell, Deidra MS-thesis May-04 No Data Available Lopez, Antonio MS-thesis May-04 Ave Maria Univ., Nicaragua Vado, Ligia MS-thesis May-04 Research Associate, Texas Tech Univ. Gregory, Gary M.S.-non-thesis Dec-04 No Data Available Das, Biswaranjan Ph.D. Dec-04 Post-Doc, Univ. of Arkansas, Fayetteville, AR Cheuvront, Jevon M.S.-non-thesis May-05 Family Farm Chaudhary, Jagada Ph.D. Aug-05 American Express, Phoenix, AZ Peabody, Phil MS-thesis Aug-05 Farm Credit Assoc., Abilene, TX Wheeler, Erin MS-thesis Aug-05 Ph.D. Study, Texas Tech Univ. Baker, Justin MS-thesis Dec-05 Ph.D. Study, Texas A&M University Dudensing, Jeffrey MS-thesis Dec-05 U.S. Army Lawas, Catherine MS-thesis Dec-05 AIG Corp., Amarillo, TX Martin, Rebecca MS-thesis Dec-05 Ph.D. Study, Clemson University Rodriguez, Divinia MS-thesis May-06 International Rice Res. Inst. (IRRI), Philippines Weinheimer, Justin MS-thesis May-06 Ph.D. Study, Texas Tech University Gillespie, Robert M.Ag. Aug-06 Crop Quest, Dodge City, KS Sides, Ginger MS-thesis Aug-06 No Data Available Agricultural and Applied Economics 57 Welch, Mark Ph.D. Aug-06 Post-Doc, Texas Tech University Clark, Georgia MS-thesis Dec-06 Research Associate, Texas A&M University Kulkarni, Raghu Ph.D. Dec-06 HSBC Consumer Lending, Chicago, IL Street, Dustin M.Ag. Dec-06 ADM - Oil Mill, Lubbock, TX Felderhoff, Chad MS-thesis May-07 ConAgra Foods Jung, SangNyeol Ph.D. May-07 North Dakota State University Valendia-Parr, Margarita Ph.D. May-07 University of Tennessee, Knoxville, TN Adams, Caren M.S.-non-thesis Aug-07 No Data Available E. Type of financial support available for graduate students Approximately 90 percent of the graduate students in AAEC are supported with Research Assistantships while 10 percent are Teaching Assistants. Approximately 80 percent of the Research Assistantship funding is from external funding. In the past six years, 100 percent of the graduate students in the AAEC program have received RA or TA funding. Research funding has also provided employment for 15 – 22 undergraduate students per year, plus several graduate students outside the department. F. Number of students who have received national and university fellowships, scholarships and other awards For many years the Department has provided scholarships to all graduate students enrolled in our graduate programs in an equitable basis from earnings provided by our Departmental scholarship endowments. The current balance of our overall Departmental endowment used for scholarships (no just in the graduate program, but in our undergraduate programs as well) is $1,479,788 (as of August 31, 2007). This endowment has enabled us to provide a $150 scholarship PER term (every Fall, Spring. Summer I, and Summer II) to every graduate student in AAEC. That is, every graduate student in our program can expect to receive a minimum of $600 per year in scholarships. Other awards received by our students include: AWARD AT&T Chancellors Helen Devitt Total 00/01 $0 $0 $0 01/02 $0 $0 $0 02/03 $0 $0 $0 03/04 $3,000 $0 $3,000 04/05 $6,000 $0 $6,000 05/06 $3,000 $0 $3,000 Agricultural and Applied Economics 06/07 $0 $7,000 $7,000 58 G. Graduate Student Publications and Creative Activities – Number of publications and other activities by Master and Doctoral students in the department. Graduate students are actively encouraged and mentored to publish and present papers at professional meetings as a matter of department policy and culture. Attendance at professional meetings is encouraged and expenses are paid for their attendance/participation. Graduate students are active in the Graduate Student Case Study Competition at the American Agricultural Economics Association (AAEA) meetings. The Departmental Graduate Student Association provides active leadership at the regional and national levels, having proposed, organized, and initiated the Graduate Student Section of the AAEA. Our students have placed high and/or won the Graduate Student Paper Competitions of the Beltwide Cotton Economics and Marketing Conference, and four recent graduate students won recognition for their Master thesis research. Enrique Lopez, M.S. 2003 (Malaga – advisor) was awarded the Outstanding M.S. thesis research award by the Western Agricultural Economics Association. Erin Wheeler, M.S. 2005 (Segarra and Phillip Johnson – advisors), was awarded an Honorable mention for her Master thesis research by the Southern Agricultural Economics Association. Justin Baker, M.S. 2005 (Willis – advisor), was awarded the Outstanding M.S. thesis award by the Western Agricultural Economics Association. And, Divinia Rodriguez, M.S. 2006 (Rejesus – advisor) was awarded the Outstanding M.S. thesis award by the Southern Agricultural Economics Association. Publications Co-Authored by AAEC faculty and Graduate Students Publication: Year Refereed Journal Articles Refereed Abstracts Proceedings Papers Technical Bulletins 2006-07 6 10 18 7 2005-06 9 5 4 6 2004-05 11 22 10 4 2003-04 9 15 3 3 2002-03 11 10 8 9 2001-02 15 7 5 4 Please see Appendix G which contains the last six Departmental Annual Research Reports for particulars/details on all publications published by AAEC. Agricultural and Applied Economics 59 H. Programs for mentoring and professional preparation of graduate students The faculty of the department makes pointed efforts to mentor graduate students through varied activities beyond the classroom. Students are encouraged to be active participants in Departmental functions from attending seminars and Departmental, College and University sponsored activities to attending a variety of disciplinary and multidisciplinary professional gatherings/meetings. The faculty in AAEC does not consider graduate students to be working FOR us, BUT working WITH us. All faculty members are quite proactive and hands on individuals who involve graduate students in their research projects very early in the process because the faculty sees this activity as a very positive factor which deeply influences the professional formation of our students. We are interested in molding, honing, and sharpening the analytical skills of our students so that they are well prepared to “apply” economics no just use or do economics to address or solve problems. Our graduate level research methodology course, which must be taken by all M.S. thesis and Ph.D. students and which is intended to result in the production of their thesis/dissertation research proposal, is used as an excellent instrument to develop and hone the research skills of our students. I. Department efforts to retain students and graduation rates The primary focus on retention is to (1) convey to prospective graduate students the level of commitment required to successfully complete the graduate programs and (2) have faculty work closely with them once in the program. We explain to students the differences in philosophy, approach, and expectations between undergraduate and graduate education. We also screen students based on reference letters from people who are familiar with their academic records, capabilities, and motivations. We provide substantial mentoring of these students from the beginning of their programs, including background work on their thesis/dissertation projects very early. The thrust of retention is for the students to be committed to their program and the department. The departmental graduate student association is an important part of this “buy-in.” The organization is a means for students to have social functions, organize recruiting activities for the department, and express concerns to the department. It also presents easy access for graduate student opinion when the department seeks their input on policy matters. Agricultural and Applied Economics 60 V. Department A. Department operating expenses Department Operating Cost - Academic Year (AAEC) Source: Institutional Research Services $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 $0 Operating Cost 01/02 02/03 03/04 04/05 05/06 06/07 $124,270 $93,329 $89,960 $107,370 $114,019 $96,942 Agricultural and Applied Economics 61 Department Operating Costs and Resource Generation ($) Rate of Return and Research Leverage Ratio 01/02 02/03 03/04 04/05 05/06 06/07 Faculty Salaries Dept Operating Cost 738,899 124,270 754,660 93,329 785,987 89,960 1,065,590 107,370 945,027 114,019 1,108,892 96,942 Total Operating 863,170 847,990 875,948 1,172,961 1,059,046 1,205,834 State Internal Funds* 226,520 284,779 467,321 225,295 283,891 208,325 1,342,937 1,414,159 TTU TOTAL INVESTMENT IN AAEC 1,089,690 1,132,769 1,343,269 1,398,256 Formula SCH Generation** Research Funding NET of State Contribution N.A. 848,516 848,547 905,357 908,783 968,167 701,787 1,095,195 1,182,555 1,907,029 1,615,429 1,681,081 1,943,711 2,031,102 2,812,386 2,524,212 2,649,248 101.14% 87.96% 87.34% TOTAL AAEC GENERATION OF RESOURCES N.A. NET RATE OF RETURN ON INVESTMENT N.A. 71.59% 51.21% RESEARCH LEVERAGE RATIO*** 3.09 3.84 2.53 8.46 5.69 8.08 *Includes ALL internal funds received by the Department: research line item, seed grants, new faculty-start ups, Texas Excellence funds, graduate school fellowships, and HEAF funds (these are shown in section C below). ** Obtained from Vicki West. *** Calculated by dividing research funding obtained NET of State contribution by State internal funds invested in the Department. Agricultural and Applied Economics 62 The table above shows the NET Rate of Return through time of all the funds invested by Texas Tech University (or the State of Texas) in AAEC in an annual basis (it is not shown for FY 01 because we were not able to obtain the formula SCH generation for this FY). The table above also shows the research leverage ratio for AAEC through time. The total amount of resources infused into or invested in the department (the “input” side) can be split into three components; faculty salaries, operating funds (which includes staff salaries), and state internally allocated funds which are used as “seed” money in our research program. As shown above, TTU’s total annual investment in AAEC has increased over the period considered from $1.089 million in FY 01 to $1.414 million in FY 06 (note that it shows a slight decrease in FY 05 mainly because faculty replacements have taken place with junior faculty whose salaries tend to be lower than more senior faculty who have left the department). Once the “output” side of AAEC’s contributions are considered in terms of both, the generation of resources through SCH formula generation of funds and the NET research funding generated by the faculty (NET of the State internally allocated funds used as “seed” money in the research program), the table above shows that AAEC generated a LOW of $1.943 million in FY 02 and a HIGH of $2.812 million in FY 04 (FY 01 is not included in this calculation because we were not able to obtain the formula SCH generation for this FY). When a comparison is made between TTU’s total investments and the total generation of resources by AAEC, as shown in the table above, the overall NET Rate of Return on TTU’s investment in AAEC has varied between a LOW of 51.21% in FY 03 (the year we received a significant amount of funding through the Texas Excellence fund) and a HIGH of 101.14% in FY 04. The reason for this variability is due to the inherent variability associated with the generation of research funds whose availability is inherently quite variable. It is important to note here, however, that the overall average ANNUAL NET rate of return over the last FIVE years has been 79.84% per year. That is, AAEC has been able to generate almost $1.80 for every dollar TTU has invested in our unit. This indicator shows that we in AAEC have and continue to demonstrate that we ARE a good investment for both TTU and the State. We are quite proud of this accomplishment ……….. in addition to the fact, that while doing this (being fiscally sound and accountable) we know that we ARE making significant contributions to the professional formation of our students; the enhancement of the skills and worth of our staff and faculty; having a positive impact not only on our profession and allied professions with whom we work and interact; and contributing positively in many ways at the local, state, regional, national, and international levels. In the bottom entry of the table above, the research leverage ratio associated with the total amount of State internal funds invested in AAEC is shown. Specifically, this ratio is calculated by dividing the research funding obtained NET of State contribution by State internal funds invested in the department by the amount of internal funds invested by TTU in our department. As indicated, this ratio has varied between a low of 2.53 in FY 03 (the year we received a significant amount of funding through the Texas Excellence fund) and 8.46 in FY 04. Given the information above the calculated average ANNUAL research leverage ratio for the last six years in AAEC has been 5.28 per year. This ratio indicates that for every $1.00 that TTU Agricultural and Applied Economics 63 (or the State of Texas) has invested in our research program the faculty in AAEC has been able to generate $5.28 additional in support of our research program. It is important to highlight here the very important role that our research advisory committee has played in our ability to become highly competitive and proactive with respect to research related activity in the department. This advisory committee was established over a decade ago and consists of ten individuals who serve three year staggered terms. Some but not all of the members of the research advisory committee are alumni from the department. The approach taken by the faculty when requesting individuals to serve in this capacity, has been to make sure that varied stakeholder groups are represented so as to assure a broad base source of input into our research program. Appendix G which includes the departmental annual research reports for the last six years, contains a section with the minutes of the annual meeting of this advisory committee which takes place in the Fall and the current and past membership of this group. Summary of Number of Proposals Written and Accepted We keep good records of all of the research proposals which were funded through time in AAEC. Our annual research report, the last six annual research reports are included in Appendix G, outlines every single funded research project and its associated funding conducted in AAEC on a yearly basis (also we maintain our portion of CASNR’s sponsored research data base which is available in CASNR’s web site which contains related records of all on-going research projects in AAEC). We do keep a record of the overall number of proposal submitted by our faculty, but it is not possible to go back and classify the ones which were NOT funded through time. The total number of proposals submitted in the last seven years by AAEC faculty are as follows (includes “portions” of proposals written in cooperation with other units): FY 00, 13 proposals; FY 01, 17 proposals; FY 02, 22.86 proposals; FY 03, 15.97 proposals; FY 04, 15.96 proposals; FY 05 15.82 proposals,; and FY 06, 16 proposals (approximate). In the next section a summary of all funded projects in AAEC through time (since the time we have kept records) and specific source are outlined (an extended version of this information is found in Appendix G in individual the annual research reports). Agricultural and Applied Economics 64 B. External Research expenditures Our Departmental research expenditure records are slightly different from the data shown in the table below which was gathered using data from the Office of Research Services. The main source of discrepancy reside in the way some of our awards are classified. Following this page, in the next three pages AAEC’s overall research funding from different sources is shown since FY 1981. As shown in the table in the next page and the three figures that follow, the long–term–trend of research funding in AAEC has been quite positive. Note that in the mid to late-1990 was the time when the Department began to emphasize research activity and the faculty who we have been hired since that time reflects the fact that we have emphasized research as an integral part of the contributions faculty should make. Also, note that in the early 2000s was the time when the department started to emphasize seeking increased federal funding as a response to TTU’s administration desire to increase research funding obtained from federal sources. SUMMARY OF FACULTY AWARDS BY HOME DEPARTMENT Year Source: Office of Research Services Numb er of FacilitIes & Awards Administrative 00/01 01/02 02/03 03/04 04/05 05/06 Totals: <06/07 TO DATE> Award Amount 13.29 11.25 13.08 17.69 11.94 10.73 $18,632 $27,151 $57,252 $108,563 $95,291 $81,132 $259,482 $251,145 $1,051,576 $1,606,456 $1,462,331 $1,108,535 77.98 5.5 $388,021 $69,399 $5,739,525 $1,233,583 Research Expenditures (AAEC) Source: Institutional Research Services $1,800,000 $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0 Sponsored 00/01 01/02 02/03 03/04 04/05 05/06 $259,482 $251,145 $1,051,576 $1,606,456 $1,462,331 $1,108,535 Agricultural and Applied Economics 65 Table 1. Department of Agricultural and Applied Economics Research Funding by Source, 1981/82 to 2005/06. _________________________________________________________ Source ____________________________________________ Year State Federal Private TOTAL* _________________________________________________________ ------------------Dollars--------------------------------------1981/82 1982/83 1983/84 1984/85 1985/86 1986/87 1987/88 1988/89 1989/90 1990/91 1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/99 1999/00 2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 148,983 127,105 167,660 164,292 165,413 173,392 123,265 102,134 99,531 72,221 109,437 171,429 115,776 197,947 251,932 236,607 287,576 302,788 371,803 322,057 349,003 547,904 256,145 225,835 281,205 443,437 2,000 19,424 70,413 174,065 80,067 138,077 155,202 78,533 57,700 25,000 40,000 75,379 130,699 60,054 145,576 104,377 116,750 116,239 126,400 203,386 457,508 787,186 1,258,791 1,740,348 1,406,603 1,381,152 27,180 19,650 29,687 68,837 33,381 54,400 22,700 0 3,000 12,525 123,475 121,825 106,250 109,686 64,500 67,400 121,232 227,016 130,705 109,734 95,508 89,321 93,072 104,167 113,416 45,233 178,163 166,179 267,760 407,194 278,911 365,869 301,167 180,667 160,231 109,746 272,912 368,633 352,725 367,687 462,008 408,384 525,558 646,043 628,908 635,177 902,407 1,342,474 1,608,008 2,070,350 1,801,224 1,869,822 *The total reflects funding of the specific research projects, funding associated with cooperative research projects, and other Departmental research activities. Agricultural and Applied Economics 66 2,000,000 1,800,000 1,600,000 Dollars 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 20 05 / 06 04 03 / 20 01 / 02 00 20 19 19 19 97 / 99 / 98 96 95 / 93 / 94 92 91 / 19 19 19 89 / 90 88 19 87 / 86 85 / 19 19 83 / 84 0 Year Total Figure 1: AAEC - Three Year Moving Average of Total Funding 1,600,000 1,400,000 1,200,000 Dollars 1,000,000 800,000 600,000 400,000 200,000 06 05 / 20 20 03 / 04 02 20 99 / 01 / 00 98 19 19 19 95 / 97 / 96 94 19 93 / 92 91 / 19 19 89 / 90 88 19 87 / 86 85 / 19 19 83 / 84 0 Year State Federal Figure 2: AAEC - Three Year Moving Average of State and Federal Funding Agricultural and Applied Economics 67 180,000 160,000 140,000 Dollars 120,000 100,000 80,000 60,000 40,000 20,000 20 05 / 06 04 03 / 20 01 / 20 19 99 / 02 00 98 97 / 19 19 95 / 96 94 93 / 19 19 91 / 92 90 89 / 19 87 / 88 86 19 85 / 19 19 83 / 84 0 Year Private Figure 3: AAEC - Three Year Moving Average of Private Funding Agricultural and Applied Economics 68 Comparison of Research Expenditures Colorado State University North Dakota State University University of Missouri University of Nebraska Virginia Tech Texas Tech 00/01 01/02 $237,153 $259,482 02/03 03/04 $315,509 04/05 $548,762 05/06 $713,551 $918,610 $200,700 $145,200 $137,472 $110,984 $252,580 $4,426,990 $5,009,607 $5,174,184 $5,102,941 $5,688,940 $466,332 $790,172 $982,080 $1,195,709 $1,346,062 $825,148 $824,660 $703,333 $726,771 $930,769 $251,145 $1,051,576 $1,606,456 $1,462,331 $1,108,535 Please, see the previous three pages for the specific information provided by the AAEC department. The funding or expenditures provided in the table above for our Department does not take into account ALL the funding we actually generated. Overall, we feel that both, the significance of our research program and overall funding obtained by our faculty is quite competitive with all the programs listed above (except for the program at Missouri which seems to be kind of an outlier because this program includes other disciplines than just agricultural economics). It is important to highlight that all the universities listed above are Land Grant institutions and receive significant amounts of federal funding to conduct research associated with experiment station and extension programs. C. Internal Funding The table below highlights the sources of ALL internal funds received by AAEC (other than faculty salaries and operating funds) in support of all of our programs. Source of Internal Funds (TTU) Research Enhancement 00/01 01/02 02/03 34,167 41,167 11,250 166,453 159,453 166,453 03/04 04/05 05/06 06/07 163,321 185,795 182,521 170,225 Research Incentive Line Items Interdisciplinary Seed Grants 10,000 6,220 New Faculty Start-ups 49,750 Matching from VPRGSTT Special needs and opportunities Texas Excellence 66,576 266,000 Research Promotion Graduate School Fellowships 3,000 6,000 3,000 7,000 HEAF 39,200 15,900 40,500 35,000 33,500 42,400 31,100 TOTAL 239,820 226,520 284,779 467,321 225,295 283,891 208,325 Agricultural and Applied Economics 69 D. Scholarships and endowments As stated before, the current level of our overall scholarship endowments is $1,479,788. The specific balances of the different endowments are as follows: Account Description A.F. & Kathleen Wischkaemper Agricultural Competitiveness Chair Agricultural Finance Institute Ag. Economics Former Student Ag. Economics Quasi Bankers Agricultural Credit Conference Dr. & Mrs. Cal Brints Charles C. Thompson Clabber Hill Ranch Dave and Joan Hopper David Phillips Memorial Dean W. Hughes Memorial Graduate Fellowship in Ag./Marketing James W. & Lindl T. Graves Marion Mayes Memorial Sujit K. Roy Memorial W.B. Rushing Willard F. Williams Memorial Overall Total Amount 12,214.87 5,239.83 479,553.57 26,724.99 9,184.70 49,126.24 12,801.74 418,305.84 67,632.34 33,365.87 35,655.28 24,776.45 8,700.79 61,557.27 9,598.58 174,655.12 41,951.55 8,742.98 1,479,788.01 It is important to highlight here, that after much consideration, given that we currently do not have any endowed chair positions in AAEC, in the Fall of 2006 we launched a drive to establish the Endowed Chair in Agricultural Competitiveness in our department. The intention is for this endowment to be able to fund the first endowed chair position in our department. Our department is an internationally recognized leader in agricultural marketing issues and global competitiveness issues. Examples of this is the work are the recent contributions of the Cotton Economics Research Institute in the marketing and policy areas related to the Brazilian WTO petition and a study of the impacts of the Chinese currency re-evaluation on the global and U.S. economies. Global competitiveness is critical to the future of South Plains’ agriculture in Texas. Today’s agriculture producers must be experts at not just producing their Agricultural and Applied Economics 70 crop(s), but also must be adept at marketing their crop(s) in a global economy. Many uncertainties such as weather and pricing may never be overcome; however, research and education can help minimize these uncertainties. Because AAEC is committed to providing agricultural decision makers relevant, reliable, and timely research information and issues impacting decision making must be identified and addressed well before they become hotbutton items. Therefore, AAEC with the help and encouragement of many of our agribusiness partners, launched the creation of an Endowed Chair in Agricultural Competitiveness. This endowed faculty position will: 1) provide a dedicated effort to enhance the global competitiveness of production agriculture on the South Plains of Texas, especially cotton; 2) proactively address positioning, strategy, pricing, and competitive stature in the global market place; and 3) disburse information, conclusions and recommendations to producers in the Texas South Plains. A graduate assistantship in agricultural competitiveness was established in 2006 through the support of First Ag Credit, CoBank, Texas Cotton Ginners Association, PYCO Industries, Plains Cotton Cooperative Association, Farmers Cooperative Compress, and Texas Independent Ginners Association. Plains Cotton Growers has pledged $500,000 in matching funds toward a $1,000,000 endowed chair in agricultural competitiveness. The initial goal is to secure these funds no later than December 31, 2008. This will be followed by efforts to ultimately increase the endowment to $3,000,000. Agricultural and Applied Economics 71 E. Departmental resources for research and teaching (i.e., classroom space, lab facilities) The table below outlines the physical resources available to the department. Overall, given the current student enrollment in our programs, and the number of staff and faculty we currently have the physical/space resources available to us are barely “adequate.” In fact, we currently do not have any physical/space resources available that would allow us to grow much. In fact, we do require at least an additional classroom, additional office space for two or three extra post-doctorate research associates, and at least two more offices for graduate students that could accommodate several work areas. The entire department is located throughout the Agricultural Sciences building (in the basement, and first and second floors). The overall “quality” of the physical resources we have is not close to what we would like to have, but we have very little to say about this (however, the restroom facilities in the first floor and making the building handicap accessible should be a high priority). Type of Space Number of Rooms Total Assignable Square Feet OFFICES: Faculty & Administration 17 Clerical Graduate Assistant 5 6 (with several work areas each) Technician 7 Emeritus none LABS: Special Instruction Labs 1 (computer) Research Labs 1 (DPES) STORAGE: 5 LIBRARY: CENTERS & OTHER FACILITIES: 1 Office 2 Classrooms 3 Computer Lab. 1 Conference Room 1 TOTAL SQUARE FEET Unknown Agricultural and Applied Economics 72 F. HEAF expenditures 2006 2005 2004 2003 2002 2001 2000 TOTAL 31,100 42,400 33,500 35,000 40,500 15,900 39,200 The majority of the HEAF funds received by AAEC have historically been devoted to maintain and/or replace copier machines (we have two) and varied computer related equipment (currently we have in inventory over 100 desktop computers, 7 laptop computers, over 30 printers, 1 large computer server, several digital projectors, and varied other equipment). Agricultural and Applied Economics 73 VI. Conclusion – a one- to two-page summary of the observed deficiencies and needs identified by your review. Identify areas of greatest need and areas of significant contributions. Strengths • • • • • • • • • • • • • • • • • • • • Outstanding students, staff and faculty Excellent coordination between general departmental missions and faculty/staff duties Very high level of productivity of staff and faculty Have hired four outstanding and promising faculty members in little over two years Are in the process of hiring two additional outstanding and promising faculty members Increasing trend in student (undergraduate and graduate) enrollment Increasing trend in total SCH generation (undergraduate and graduate) Increasing trend in retention and graduation rates (undergraduate and graduate) Strong internship program Superb placement of students (undergraduate and graduate) in workforce Embracement of the relevancy of learning outcomes in all academic programs Enhanced course and academic program offerings Strong student (undergraduate and graduate) participation and performance in academic and professional activities Effective use of research advisory committee Widespread recognition of the high degree of relevancy of research programs’ efforts and contributions in academic and professional circles Continued strong research funding (total level and in a per faculty basis) Continued strong leveraging of state research funds - research leveraging average of 5.28 per year in the last six years Strong research and engagement partnerships with other institutions Recognition of the relevancy of academic, professional and community engagement activities/contributions by students (undergraduate and graduate), faculty and staff Proven to be a good investment for Texas Tech University - average annual rate of return over the last FIVE years has been 79.84% per year Issues Needing Attention (….all being addressed on a steadily continuous basis) • • • • • Total graduate student enrollment Number of Ph.D. students Generation of SCH Enhancement (quality and number) of physical/space facilities Bridge funding to protect overall research program Agricultural and Applied Economics 74 Short to Medium Term Strategic Goals • • • • • • Increase salaries of staff and faculty Enhance professional development opportunities for staff and faculty Establishment of the Agribusiness Research Center Enhanced fellowships and scholarships stipends Enhanced partnerships with community colleges and post-secondary institutions Establishment of the Agricultural Competitiveness Endowment Agricultural and Applied Economics