Ph.D. in Agricultural and Applied Economics
As a foundation for this program, you will learn economic theory from the department of economics together with applied economic skills taught within our department. You will learn economic theory related to strategic agent interactions, risky decision making, market power, missing markets, public goods, and welfare. Your economic foundation will be supported with quantitative methods covering econometrics, dynamic optimization, stochastic efficiency, and time series analysis. You will have the option of selecting either applied or environmental economics as a field of study. Applied economics will emphasize issues in consumer and production economics along with market structure. This will include organic markets, financial management, and investment under uncertainty. Environmental economics will address issues of sustainability, energy, nonmarket valuation, and global climate change.
Requirements
- Course requirements (31 hours):
ECON 8000 Mathematical Analysis for Economists (3 hours)
AAEC 8010 Seminar in Agricultural and Applied Economics (1 hour)
ECON 8010 Microeconomic Theory I (3 hours)
ECON 8020 Microeconomic Theory II (3 hours)
ECON 8040 Macroeconomic Theory I (3 hours)
ECON 8070 Statistics for Econometrics or STAT 6510 Mathematical Statistics I (3 hours)
ECON 8080 Introduction to Econometrics (3 hours)
ECON 8110 Econometrics I or AAEC 8610 Advanced Econometric Applications (3 hours)
AAEC 8990 Second Year Paper I (1 hour)
AAEC 8991 Directed Summer Reading (1 hour)
AAEC 8992 Second Year Paper II (1 hour)
Select three of the following seven courses beyond the above required courses:
AAEC 8150 Experiment and Survey Design (3 hours)
AAEC 8260 Food Policy (3 hours)
AAEC 8610 Econometric Applications (3 hours)
ECON 8110 Econometrics I (3 hours)
ECON 8120 Econometrics II or AAEC 8610 (3 hours)
ECON 8130 Time Series Econometrics or STAT 8280 Time Series Analysis (3 hours) - Three AAEC concentration course electives (9 hours):
AAEC 8080 Production Economics (3 hours)
AAEC 8100 Economic Valuation (3 hours)
AAEC 8140 Consumer Demand Theory (3 hours)
AAEC 8150 Experiment and Survey Design (3 hours)
AAEC 8210 Macroeconomics Issues in Agricultural and Natural Resources (3 hours)
AAEC 8260 Food Policy (3 hours)
AAEC 8300 Agricultural Economics Research (3 hours)
AAEC 8400 Agricultural Market Structure and Analysis (3 hours)
AAEC 8500 Price Analysis (3 hours)
AAEC 8610 Advanced Econometric Applications (3 hours)
AAEC 8700 Environmental Economics and Policy Analysis Growth (3 hours)
AAEC 8710 Agricultural Development and Growth (3 hours)
AAEC 8750 Natural Resource Economics II (3 hours)
Suggested areas of concentration
Agricultural economics:
AAEC 8140 Consumer Demand Theory
AAEC 8150 Experiment and Survey Design
AAEC 8800 Dynamic Optimization in Agricultural and Resource Economics
AAEC 8400 Agricultural Market Structure and Analysis
AAEC 8500 Price Analysis
Development economics:
AAEC 8150 Experiment and Survey Design
AAEC 8210 Macroeconomics Issues in Agricultural and Natural Resources
AAEC 8710 Advanced Agricultural Development and Growth
Environmental and natural resource economics:
AAEC 8100 Economic Valuation
AAEC 8150 Experiment and Survey Design
AAEC 8800 Dynamic Optimization in Agricultural and Resource Economics
AAEC 8700 Advanced Environmental Economics and Policy Analysis
AAEC 8750 Natural Resource Economics II - Successful completion of written and oral comprehensive qualifying examinations.
- Successful completion of Avoiding Plagiarism Workshop.
- Successful completion of written and oral comprehensive qualifying examinations.
See current graduate student handbook for more information.
