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College of Agriculture

Agricultural Economics: Applied Agricultural Economics

Agricultural economics, with a concentration in applied agricultural economics, prepares graduates to apply economic and business principles for banks, farm credit institutions, grain companies, farm equipment and fertilizer manufacturers, and food processing firms. Graduate schools, government agencies and consulting firms seek individuals with a strong background in quantitative methods, advanced courses in applied economics and strong credentials in economic theory. Applied agricultural economics graduates are highly trained to analyze management problems and possess the technical skills in mathematics, statistics and economic theory to give themselves an edge in any market.

Credit Hours Required: 130 (See Core Graduation Requirements for Additional Information.)

Freshman Year

First Semester
Second Semester
(1) AGEC 20200 (Spreadsheet Use in Agricultural Business) (3) AGEC 21700 (Economics)
(3) AGEC 20300 (Introductory Microeconomics for Food and Agribusiness) (3) COM 11400 (Fundamentals of Speech Communication)
(0.5) AGR 10100 (Introduction to the College of Agriculture and Purdue University) (4) Biological sciences selective
(0.5) AGR 11200 (Introduction to Agricultural Economics Academic Programs) (3) Humanities selective
(4) ENGL 10600 (First-Year Composition) (3) Elective
(3) (3) MA 22000 (Introduction to Calculus) or
MA 22300
(Introductory Analysis I)
(4) Biological sciences selective
(16) (16)

Sophomore Year

Third Semester
Fourth Semester
(3) AGEC 22000 (Economics of Agricultural Markets) (3) AGEC 31000 (Farm Organization) or AGEC 33000 (Management Methods for Agricultural Business)
(1) AGEC 29800 (Sophomore Seminar) (3) CHM 11200 (General Chemistry)
(3) CHM 11100 (General Chemistry) (3) MGMT 20000 (Introductory Accounting)
(3) STAT 30100 (Elementary Statistical Methods) (3) Written or oral communication selective
(3) Social science selective (3) Elective
(3) Elective
(16) (15)

Junior Year

Fifth Semester
Sixth Semester
(3) AGEC 35200 (Quantitative Techniques for Firm Decision Making) or mathematics/sciences selective* (3) AGEC 45100 (Applied Econometrics) or mathematics/sciences selective*
(3) Agricultural economics selective (6) Agricultural economics selectives
(3) Economics selective (3) Humanities selective
(3) Social science, humanities or international understanding selective (3) Written or oral communication selective
(5) Electives (3) Elective
(17) (18)

Senior Year

Seventh Semester
Eighth Semester
(6) Agricultural economics selectives (3) Agricultural economics selective
(3) Economics selective (2) Mathematics or sciences selective
(3) Social science or humanities selective (30000+ level) (3) Social science or humanities selective
(5) Electives (7) Electives
(17) (15)

* Student must complete quantitative techniques for firm decision-making or applied econometrics.