College of Agricultural and Life Sciences
Agricultural and Applied Economics (AAE)
Professors Shapiro (chair), Barham, Chavas, Cox, Coxhead, Deller, Fortenbery, Harris, Jones, Klemme, Provencher, Stiegert; Associate Professors Foltz, Gould, Hueth, Mitchell; Assistant Professors Alex-Garcia, Du, Grainger, Schechter, Shi
Faculty and students develop and use economic models and data to analyze and
understand a wide range of issues—including environmental problems, world
hunger, business economics and finance, economic development, globalization and
trade, biotechnology, land prices, rural/urban land-use conflicts, and community
development. Subject materials
include courses in economics, environmental economics, managerial economics,
financial management, commodities and futures markets, the global economy,
development in Latin America, Africa, and
The department offers two undergraduate programs—Agricultural and Applied Economics and Agricultural Business Management.
This major can be earned through the Bachelor of Science degree program.
Major requirements usually met in the freshman and sophomore years are: AAE 215, Economics 102, an elementary course in statistics, and one semester of calculus (Math 211 or 221).
Other major requirements are: AAE 500 (a “capstone” course), and a minimum of 15 additional credits in AAE courses. These 15 credits are selected by the student with the assistance of a faculty advisor. At least 6 of the credits must be at the 400 level or above (does not include AAE 500). Students must achieve a 2.0 cumulative grade point average in AAE 500 and in the 6 credits of AAE courses at or above the 400 level. Students also must complete Economics 301 and 302.
Course work in AAE constitutes a substantial segment of the curriculum for the B.S. degree in Agricultural Business Management. In addition to general college requirements, a major in ABM includes courses in the production and nutritional sciences, math, economics, AAE, business, and a major course program. (See Undergraduate Curricula for specific requirements.)
Those completing the course work in ABM are awarded the Bachelor of Science–Agricultural Business Management degree.
The Department of Agricultural and Applied Economics may be consulted for specific career information for each of the majors.