Nov 25, 2024  
2020-2021 Undergraduate Catalog 
    
2020-2021 Undergraduate Catalog [ARCHIVED CATALOG]

AGEC 4883 - Commodity Futures and Options Markets


Credit Hours: 3
Students are introduced to the Commodity Futures Trading Commission (CFTC), the Chicago Board of Trade (CBOT), and the Chicago Mercantile Exchange (CME) and their relationships with the general marketing system. Specifically, emphasis is placed on the market structure and how it operates and the nature of newsprint quotes and real-time interactive price quotes on selected commodities. Additionally, students are introduced to futures and options contracts and contract specifications, and the role of the Futures’ Market to include: (1) a price discovery mechanism, (2) a management facilitation mechanism (3) tools to secure operating and/or equity capital, and (4) as a resource for decision making serve farmers and agribusiness firms.

Prerequisite(s): AGEC 1801 , ECON 2106  or Permission of Instructor