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Agricultural and Consumer Economics

Students pursuing degrees in the Department of Agricultural and Consumer Economics may choose one of 10 concentrations. The concentrations are:

• Agri-Accounting
• Agribusiness Markets and Management
• Agri-Finance
• Consumer Economics and Finance
• Environmental Economics and Policy
• Farm Management
• Financial Planning
• Individually Planned Curriculum
• Policy, International Trade and Development
• Public Policy and Law
  

Prescribed Courses Including Campus General Education

*Requirement must be satisfied by end of first year.
**Requirement must be satisfied prior to the fifth semester.
***Students are encouraged to complete this requirement prior to the seventh semester.
****Students pursuing Agricultural Accounting or Agricultural Finance must select ECON 202 and 203.

Agri-Accounting Concentration

Students in Agri-Accounting complete a comprehensive program that enables them to apply accounting principles in production, processing, or retailing sectors in agribusiness industries. Graduates find professional opportunities as consultants and managerial accountants.

Agribusiness Markets and Management Concentration

Students in Agribusiness Markets and Management obtain management skills; strategy development and implementation; and an awareness of the interaction among agricultural technology, supply, distribution, processing, and marketing firms in the business environment. Graduates are prepared for entry-level management, sales and marketing, and technical analyst positions, and are sought by firms involved in the production, marketing, sales, and financing of farm inputs, agricultural commodities, and food and other retail products.

Agri-Finance Concentration

Students in Agri-Finance study finance as used in agribusiness, farming, financial institutions, and more broadly, in the financial services industry. In addition to positions as loan officers in banks and other lending institutions, recent graduates are working in trust and other banking operations, investments and securities firms, rural appraisals, financial management, financial planning, insurance, real estate, and related fields.

Consumer Economics and Finance Concentration

Students in Consumer Economics and Finance develop knowledge and skills to help consumers with everyday problems. Coursework in consumer economics, personal finance, and economics gives students a broad-based background and an understanding of the role of consumers in the marketplace. Students can choose an emphasis in consumer economics, family economics, or financial planning and counseling, which leads to career opportunities with government and public agencies, marketing and sales firms, and financial institutions.

Environmental Economics and Policy

Students in Environmental Economics and Policy study environmental and resource management issues at the local, state, national, and international levels. Graduates are prepared for positions in governmental, environmental, and resource management agencies; interest groups; and the environmental area of private firms. Course concentrations include law, policy, management, administration, quantitative methods, and sociology, as well as economics.

Farm Management Concentration

Students in Farm Management study the principles of economics, finance, risk and the decision-making process - all central to the successful management of a farm enterprise. Students develop skills to combine and manage land, labor, and capital resources for a competitive return. Also, students may learn how to appraise farmland and other assets. Farm (and other asset) appraisal is a growing part of professional farm management and can be pursued as a profession in itself.

Financial Planning Concentration

Students in the Financial Planning concentration study finance and economics as they apply to individuals, households, and small businesses in the course of accumulating and using financial resource.  Students are introduced to issues of credit management, insurance and other risk management strategies, saving and investing, retirement planning, and estate planning.  Students also study the financial marketplace as it relates to the needs of households and small businesses.

Individually Planned Curriculum Concentration

Students in the Individually Planned Curriculum work with their faculty advisors to design a personal program of study. This concentration is a coherent and customized program of at least 20 hours in agricultural and consumer economics beyond the introductory courses. The plan of study should be developed in consultation with a faculty advisor prior to the sixth semester, and it must be approved no later than the seventh semester.

Policy, International Trade and Development Concentration

Students in Policy, International Trade, and Development enjoy a broad exposure to policy, international trade, and agricultural development from an economics perspective. The concentration provides a global and societal perspective ideally suited for exploring studies in administration, government, policy analysis, social processes, and international economics. Graduates are prepared for positions in firms with international business; in federal or state government agencies dealing with policy, trade, or development; in trade organizations; and in public interest groups.

Public Policy and Law Concentration

Students in Public Policy and Law become expert in the economics of public policy in general and in its application to specific areas of interest. This concentration will expose students to the legal and institutional structures in which policies are developed, the analysis of the economics impacts of policies, and special circumstances of public policy and law pertaining to the environment, consumers, the agricultural sector, international relations, and other.

Registration may be restricted by the department offering the course; access cannot be assured.