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Agricultural Economics (Faculty of Agriculture and Environment) (Undergraduate)

Description

Agriculture is a major sector of the world economy. As much as 30 per cent of the aggregate value of goods and services consumed globally is food. However, food is only part of agriculture, which also includes the production, processing, wholesaling, retailing and trading of food and fibre, the provision of inputs (e.g. land, water, chemicals, research), and the fundamental issues of environmental and resource management. Agricultural economists are applied economists with an underlying quantitative focus. They analyse markets and the impacts of government policies, forecast trends and developments, and devise and evaluate alternative strategies and policies. The global nature of the agricultural market creates important international opportunities for agricultural economists.

Requirements for the major

For the award of a major in Agricultural Economics, students complete:

(i) two prerequisite junior units of study (12 credit points), as follows:

  • AGEC1101 Agricultural and Resource Systems
  • AGEC1102 Agricultural Economics I.

(ii) four compulsory senior units of study (24 credit points), as follows:

  • AGEC2101 Market and Price Analysis
  • AGEC2103 Production Economics
  • AGEC3102 Agricultural and Resource Policy
  • AGEC3101 Agribusiness Management OR AGEC3103 Applied Optimisation

(iii) a minimum of 12 credit points of elective senior 4000-level AGEC units of study selected from the elective Agricultural Economics senior units of study as specified in the Faculty of Agriculture and Environment Handbook.

Note: Senior units of study can only count towards the requirements for one major. Senior units cannot be "double counted" towards two majors.

For further details please refer to the Faculty of Agriculture and Environment Handbook.

Availability of this major

This major is one of the 'Major II' options available for Bachelor of Commerce (Liberal Studies) students.

This major is also available to students enrolled in the following degrees (subject to number of credit points from other faculties restrictions and other course requirements):

Units of study in this major

The details of compulsory and elective units of study which are available for the current year can be found on the University's Unit of Study Handbook or from the Faculty of Agriculture and Environment website.

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