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

Description

This subject area if offered by the School of Economics in the Faculty of Arts and Social Sciences

This major has been revised for 2015.

The major in Agricultural Economics provides a valuable understanding of commodity markets and the economics of agricultural production. Focus in this major is on the development of analytical, quantitative and communication skills. This major adds considerably to the prospects of students interested in working as applied economists in commodities and futures markets, merchant and trading banks, government departments, large agribusiness firms, corporate farms, and in the media as economic journalists.

This is an optional second major for the Bachelor of Commerce and a Major II option for the Bachelor of Commerce (Liberal Studies). Students in other degrees (including combined) should refer to the their particular degree's resolutions and requirements for the ability to complete this major in their degree.

Requirements for the major

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

(i) 24 credit points of junior units of study (four units), selected from the following:

  • ECMT1010 Introduction to Economic Statistics; OR BUSS1020 Quantitative Business Analysis
  • ECMT1020 Introduction to Econometrics
  • ECON1001 Introductory Microeconomics; OR BUSS1040 Economics for Business Decision Making
  • ECON1002 Introductory Macroeconomics

(ii) three compulsory senior units of study (18 credit points), as follows:

  • ECOS2001 Intermediate Microeconomics; OR ECOS2901 Intermediate Microeconomics Honours
  • AREC2001 Economics of Biological Production Systems
  • AREC2002 Commodity Market and Price Analysis.

(iii) two senior elective units of study (12 credit points), selected from the following: 

  • AREC2004 Benefit/Cost Economics 
  • AREC3001 Production Modelling and Management 
  • AREC3002 Agricultural Markets.

(iv) one senior elective unit of study (6 creditpoints) selecected from the following: 

  • AREC2004 Benefit/Cost Economics 
  • AREC3001 Production Modelling and Management 
  • AREC3002 Agricultural Markets 
  • AREC3005 Argicultural Finance and Risk 
  • ECOS3002 Developmental Economics 
  • ECOS3005 Industrial Organisation 
  • ECOS3006 International Trade 
  • ECMT2150 Intermediate Econometrics.

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 Arts and Social Sciences (Undergraduate) Handbook.

Availability of this major for students in Business School degrees

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):

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