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Agricultural Economics

The Breakdown

Agricultural economics as a field of study focuses on the application of economics to the agricultural sector. It looks at resource allocation, productivity, investment and trends on both the domestic and international levels. In addition to developing expertise in business and economics concepts, many students find it helpful to have a strong background in the technical aspects of agriculture and in the life sciences.

Nuts and Bolts

The agricultural economics curriculum usually includes courses such as:

•    Biology
•    Microeconomics
•    Macroeconomics
•    Managerial Accounting
•    Business Statistics
•    Agricultural Finance
•    Resource Economics
•    Agricultural Law
•    Farm/Ranch Management
•    Agricultural Commodities Pricing
•    Agricultural Trade and Policies

Decisions, Decisions

Students often consider majors in economics, natural resource management, agribusiness, business/management, international economics, environmental education, environmental science, environmental economics, animal science, food science, and finance.

What's Next

Graduates of undergraduate programs in agricultural economics often go on to pursue additional study in the same field at the graduate level. Others pursue professional degrees in the areas of business, law, international affairs, and public policy. Still others enter the workforce in the areas of agribusiness, farming, finance and credit, government service, education, and environmental economics, finding positions in large-scale agricultural businesses, independent farms and ranches, and financial institutions specializing in commodities and agriculture.


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