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Agricultural Economics

Agricultural Economics Major

Agricultural Economics applies economic principles to the use of private and public resources to provide a safe and affordable food supply, to produce renewable energies, to maintain a sustainable agricultural and natural resources base, and to manage natural and environmental resources for current and future generations.

Students majoring in Agricultural Economics may focus on management, marketing or finance in agriculture, food, and other bio-based systems. This major requires a broad background in the agricultural sciences, with courses from other departments in the College of Agriculture, Food Systems and Natural Resources providing students the scientific basis for applying economic concepts in decision making. Students, with guidance from their academic adviser, have the opportunity to select courses that best fit their career objectives and personal interests. The Agricultural Economics major is ideally suited for students with career interest in production agriculture, farm and natural resource policy analysis, industries providing service to agriculture, rural economic development, and risk management.

Core requirements in the Agricultural Economics major include introductory courses in agricultural management, marketing and finance. Students may choose to take all of the advanced courses in the department, yet flexibility allows building a program based on a student's individual career goals.

Major Requirements

Major: Agricultural Economics

Degree Type: B.S.
Required Degree Credits to Graduate: 128

General Education Requirements

First Year Experience (F):
AGRI 189Skills for Academic Success (Students transferring in 24 or more credits do not need to take AGRI 189.)1
Communication (C):
ENGL 110College Composition I3
ENGL 120College Composition II3
One course in Upper Level Writing. Select from the following:3
Business and Professional Writing
Writing in the Technical Professions
Writing in the Sciences
Writing in the Humanities and Social Sciences
Researching and Writing Grants and Proposal
COMM 110Fundamentals of Public Speaking3
Quantitative Reasoning (R):
STAT 330Introductory Statistics3
Science & Technology (S):
CSCI 116Business Use of Computers4
A one-credit lab must be taken as a co-requisite with a general education science/technology course unless the course includes an embedded lab experience equivalent to a one-credit course. Select from current general education list.6
Humanities & Fine Arts (A): Select from current general education list6
Social & Behavioral Sciences (B):
ECON 201Principles of Microeconomics3
ECON 202Principles of Macroeconomics3
Wellness (W): Select from current general education list2
Cultural Diversity (D): Select from current general education list
Global Perspectives (G):
Principles of Microeconomics
Total Credits40

Major Requirements 

General Education Requirements40
Core Courses for Agricultural Economics
AGEC 242Introduction to Agricultural Management4
AGEC 244Agricultural Marketing3
AGEC 246Introduction to Agricultural Finance4
AGEC 339Quantitative Methods & Decision Making3
AGEC 375Applied Agricultural Law3
or AGEC 484 Agricultural Policy
Select one of the following:3
Farm and Agribusiness Management II
Agricultural Price Analysis
Applied Risk Analysis
Agribusiness & Applied Economics Electives: 300-400 level9
Science & Technology:9
Complete nine (9) credits from two (2) areas in the College of AFSNR other than Agribusiness & Applied Economics. (Includes: ASM, ANSC, ABEN, CFS, ENT, MICR, NRM, PPTH, PLSC, RNG, SOIL & VETS.) EXCEPTION - All 9 credits may be in the same area if a student completes a minor from the College of AFSNR.
Capstone Experience: Select one of the following: 13
Integrated Farm and Ranch Management
Commodity Trading
Agribusiness Industrial Strategy
Agribusiness Finance
Support Area:
ECON 341Intermediate Microeconomics3
ECON 324Money and Banking3
or ECON 343 Intermediate Macroeconomics
Select one of the following:3-6
Fundamentals of Accounting
Elements of Accounting I
   and Elements of Accounting II
Additional Requirements for Ag Econ
First Year Experience:
AGRI 150Agriculture Orientation1
Communication Requirement: Select one of the following:3
Interpersonal Communication
Intercultural Communication (Gen Ed B/D)
Business and Professional Speaking
Small Group Communication
Organizational Communication I
Math Requirement:
MATH 144Mathematics for Business4
or MATH 146 Applied Calculus I
STAT 331Regression Analysis2-3
or ECON 410 Econometrics
Degree Electives: Potential of 28 credits to reach 12828
Total Credits128-132
1

Students are advised to consider which capstone course they will take by the end of their second year. This planning allows time to complete the required prerequisites for the capstone prior to the senior year.

Degree Requirements and Notes

  • Students must earn, at least, a 2.00 cumulative GPA that is based on the courses that satisfy major requirements.