Agricultural Economics - Areas of Concentration

Areas of Concentration

  • Econometrics
  • International development
  • Community and rural development
  • Food safety and nutrition
  • International trade
  • Natural resource and environmental economics
  • Production economics
  • Risk and uncertainty
  • Consumer behavior and household economics
  • Health economics
  • Labor economics
  • Forestry economics
  • Analysis of markets and competition
  • Agribusiness
  • Agricultural marketing
  • Agricultural policy
  • Industrial organization
  • Marketing of agricultural products
  • Rural economics
  • Rural sociology

Agricultural economics tends to be more microeconomic oriented. Many undergraduate Agricultural Economics degrees given by US land-grant universities tend to be more like a traditional business degree rather than a traditional economics degree. In the Philippines, the field of agricultural economics, offered by the University of the Philippines Department of Agricultural Economics focuses on analyzing social problems which confront the agriculture and natural resource sectors, and recommending strategic directions, founded on social, environmental, and economic sustainability. At the graduate level, many agricultural economics programs focus on a wide variety of applied micro- and macro-economic topics. Their demand is driven by their pragmatism, optimization and decision making skills, and their skills in statistical modelling. Graduates from Agricultural Economics departments across America find jobs in diversified sectors of the economy:

  • Accounting
  • Agriculture
  • Breweries, distilleries, bottling plants
  • Cigarette manufacturing
  • Food processing - e.g. flour mill
  • Food manufacture - e.g. cake factory
  • Furniture manufacturing; production of linens, drapes, carpet
  • Government & NGOs
  • Information technology
  • Leather tanning, footwear manufacturing, handbag production
  • Logistics & supply chains
  • Pulp and paper
  • Sawmills, lumber mills, wood products
  • Textiles processing and garment manufacturing

Read more about this topic:  Agricultural Economics

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