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Agricultural Economics Career

A study of economic principles, with emphasis on their application to the solution of farm, agribusiness, and agricultural industry problems in relationship to other sectors is known as Agricultural Economics. In United States and many other foreign countries the branch of study has great importance. Agricultural economics teach people how to predict trends in markets for farm products. Students learn how farms and ranches use resources and invest in agriculture. They learn to observe and explain changes in markets.

As an agricultural economist; you would monitor crops, prices, animal health, equipment, imports and exports, weather cycles, buying patterns, and new methods of production. You would consider ups and downs in the general economy and consumer preferences. When you have special expertise, such as in crops or equipment, you might work as an agricultural consultant. Agricultural economists usually have at least a masters degree.

Eligibility For Agricultural Economics Career

Applicants must possess a Bachelors degree or an equivalent qualification for studying M.Sc. in Agricultural Economics. Minimum duration is 2 years on full time basis. Ph. D. Degree Programme in Agricultural Economics requires respective master degre

Career Prospects For Agricultural Economics Career

  • Entrepreneurship and Small Business Management will be your own boss. Working in family enterprises and managing small businesses are the focus of opportunities in this area.
  • Agribusiness Management You may work in sales, management, appraisal, research, or public relations for businesses that produce, buy, sell, process, and distribute agricultural products.
  • Public Service Public service careers are available at the federal, state, and local levels. Federal careers are in such areas as agricultural production, marketing, finance, conservation, and others. State and local agencies offer a wide variety of careers.
  • Veterinary Management The pre-vet option allows students to take the scientific classes necessary to enter veterinary medicine while acquiring the skills necessary to manage a veterinary practice upon completion of the veterinary medicine program.
  • Finance and Appraisal You would have the opportunity to make loans, evaluate investment opportunities, and appraise property. Students work for lending institutions such as commercial and farm banks.
  • Farm Business Management You would manage farm operations, work for integrated agricultural firms, or own and manage your own farm.