Agricultural Economics is a specialization within the discipline of agricultural sciences, it is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber. It focuses on studies in the area of economics of agricultural production, industry of agricultural inputs and food industry, services in rural areas and agricultural and rural policy. The study of Agricultural Economics trains experts for the work on agricultural farms and cooperatives, extension services, and other public services.
Agricultural economists have made substantial contributions to research in economics, econometrics, development economics, and environmental economics. Agricultural economics influences food policy, agricultural policy, and environmental policy.
It is a four year course with a SIWES/ Industrial Training Program
Course fees will be confirmed soon.
(i) Two passes at ‘A’ level in Biology/Zoology /Botany and any other Science subject.
(ii) NCE at merit pass level in Biology and any other Science subject.
(iii) NCE merit pass level in Agriculture (Double Major).
Five SSCE credits or equivalent in English Language, Chemistry, Biology/Agricultural Science., Mathematics and another relevant subject.
Any three subjects from Chemistry, Biology, Agriculture, Physics, Economics, Geography and Mathematics.
SPECIAL CONSIDERATION (WAIVER)
Requires Five ‘O’ level credits at one sitting or six ‘O’ level credits at two sittings to include English Language, Biology/ Agricultural Science, Chemistry, Mathematics and any one /two of Geography/Physics, Physics and Economics.
Bachelors in Agricultural Economics acquire the following competencies:
Basic principles and concepts of agriculture, economy and sociology, agricultural economics, macroeconomics and microeconomics in agriculture.
The role of agriculture and rural areas in the economy, the role of producers, institutions and services in agriculture, their position in society and the influence of international policies.
Social, ethical, business and legal context of agricultural economics.
Ability to recognize, identify and solve problems in the area of agricultural economics.
Ability to analyze social phenomena, products, processes and methods in agriculture and rural areas.
Ability to select analytic methods and procedures in finding practical solutions.
Understanding of methodology and ability to implement projects according to production and administrative practice demands.
Establishment and maintaining of social contacts in agricultural production, services, consultation and education, agricultural and rural policies and interest group representation.
Ability to search literature, data bases and other sources of information.
Ability to create and conduct tests, surveys and interviews in agro-economic research.
Ability to present and interpret research results, formulate conclusions and recommendations.
Selection and application of methods and information technology in problem analysis.
Ability to apply theoretical knowledge in practice.
Competences in individual and team work, communication with other professionals in the area, communication with similar professions and the society in general.
Awareness of legal issues, production, market and political standards and responsibilities in the area of expertise.
Gathering information about business practices and readiness for life-long education.
The study covers the basic knowledge of agriculture, economy, sociology, and biotechnical sciences.
During the first year of studies, students gain basic knowledge of chemistry and biochemistry, agricultural botany, agricultural zoology, agriculture, farming, and animal husbandry according to the study program requirements. They gain introductory knowledge of business mathematics, macro- and microeconomics, and develop skills of analysis, elaboration and presentation of data.
During the second year of studies, students gain basic knowledge of agricultural machinery, technologies, domestic animal breeding, costs and calculations, management, entrepreneurship, market and marketing, co-operation and business connections in agriculture and basics of agricultural and rural policies. They develop research work, application of simple scientific methods for elaboration of data and communication skills.
During the third & final year of studies, students receive credits by choosing modules from natural, technical, economic and agro-economic disciplines, and by writing and publicly defending a professional research project and their final thesis. During their studies, students also have an obligation to accumulate assigned practical work hours through the SIWES/Industrial Training program, which confirms their skills in practical business.
At the end of the study period, you will be awarded a degree of Bachelor in Agricultural Economics, you’ll be qualified to perform professional tasks in the area of qualification.
INDUSTRIAL TRAINING (SIWES) REQUIRED? Yes
What Can You Do with a Degree in Agricultural Economics?
The acquired professional and methodological knowledge at the undergraduate level is linked with the ability to establish and maintain social contacts, which enables Bachelors to successfully perform tasks of economic analysis of medium complexity, and management in the areas of agricultural production, processing and distribution of agricultural products, trade, services, consultation, education, interest groups representation and agricultural and rural policies.
You can get a job as any of the following:
Agricultural Appraiser/Loan Officer
Agricultural Marketing Specialist
Agriculture Development Officer
Economic Development Coordinator
Public Policy Analyst
Supply Chain Manager