Prereq: ECON 101. Introduction to the process of entrepreneurship within the agricultural and food sectors. Emphasis on opportunity recognition and assessment, resource acquisition and feasibility analysis for both private and social enterprises. Students will develop a comprehensive feasibility study for a new business or non-profit organization.
ECON 494x: Entrepreneurship in Agriculture Startup
Prereq: ECON 334 and instructor permission. Students admitted to this experiential course will have developed a viable startup business concept and have a demonstrated intention of starting the business. Students are taken through a structured process for developing a business plan for a startup business, with an emphasis on agriculture. The business plan will serve as a road map for the startup business, and the analysis that underlies it will be the foundation for a successful launch. Summary written versions of the business plan along with a slide deck and an oral presentation will be developed for use with outside parties, including customers, prospective team members, investors, and other potential stakeholders.
ECON 495: Economics Domestic Travel Course
Prereq: Sophomore status. Permission of instructor. Tour and study of domestic businesses, markets, and economic institutions located outside Iowa to expose students to the diversity of activities within the U.S. economy. Pre-trip sessions arranged. Locations and duration of tours will vary.
ECON 496: Economics International Travel Course
Prereq: Sophomore status; permission of instructor. Tour and study of international agricultural and/or nonagricultural economies, markets, and institutions. Locations and duration of tours will vary. Limited enrollment. Meets International Perspectives Requirement.
What are these travel courses all about?
During the semester, students conduct a research project designed to help a selected business client(s) address important business needs or answer important market or other business questions. The class project can involve market research and analysis, feasibility analysis, economic modeling, product positioning, go-to-market strategies, and/or other market and industry analysis as needed. Design of the project ultimately is dictated by the needs of the client. The class involves traveling and meeting directly with key information providers and/or stakeholders for the project. A trip is typically scheduled during the week of fall or spring break. Check with staff to see what courses are offered each semester.