The Department offers the Master of Science degree with a major in Agricultural and Resource Economics and concentrations in Agricultural Economics and Natural Resource Economics. The Agricultural Economics concentration is designed to prepare students for analytical and research careers in the public and private sectors or for further study in a PhD program. The Natural Resource Economics concentration is targeted toward students wishing to enter careers in the public and private sectors of natural resource management or further study in a PhD program. To provide students with natural resource economics skills, the Natural Resource Economics concentration integrates coursework in agricultural and resource economics with courses from other disciplines, such as geography, political science, forestry, bio-systems engineering and sociology. Both concentrations require 31 hours of coursework and a thesis. The Agricultural Economics concentration has a non-thesis option, which requires 36 hours of coursework and a research report.
Example research/study opportunities in the Department include:
- agribusiness firm management
- agricultural marketing and international trade
- agricultural finance
- biofuels and bioenergy economics
- sustainable production systems
- precision agriculture
- environmental quality and natural resources
- agricultural policy
- technology transfer
- rural economic development
Dual MS/MBA Program
The College of Business Administration and the College of Agricultural Sciences and Natural Resources offer a dual program leading to the conferral of both the MBA and the MS in Agricultural and Resource Economics with an emphisis on agribusiness. The dual program can be accomplished with approximately 20 fewer hours of coursework than would be required to earn both degrees separately. The program is directed toward management of agribusiness firms within the agricultural-consulting, bioenergy, food-processing, input-supply, marketing, and transportation industries, among others.
Applicants for the Dual MS/MBA Program must make separate applications to and be accepted by the Office of Graduate and International Admissions for the MBA and the MS in Agricultural and Resource Economics with an emphisis on agribusiness.
Limited assistantship funding is available for the Agricultural and Resource Economics portion of the Dual MS/MBA Program (maximum two semesters). Quarter-time assistantships, including a tuition waiver, health insurance, and a stipend for 10 hours of work per week, are awarded competitively.
The Department offers students the opportunity to pursue a Ph.D. in Natural Resources with a concentration in Natural Resource Economics. The PhD program in Natural Resources is located administratively within the Department of Forestry, Wildlife and Fisheries. Coursework for the degree draws heavily from both the Department of Agricultural and Resource Economics and the Department of Economics. A majority of the faculty members on the student's doctoral committee may be from the Department of Agricultural and Resource Economics, including the major professor.
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