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Texas A&M College of Agriculture and Life Sciences
Agricultural Economics Graduate Program
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Master of Science (NTO) degree plan

Course

Course Description

Credits

Semester Offered

Year Taken

PREREQUISITES OR EQUIVALENTS

ECON 323 Microeconomic Theory Determination of prices and their role in directing consumption, production, and distribution under both competitive and non-competitive market situations. 3 F,S,SSI
ECON 410 Macroeconomic Theory Theory of the determination of aggregate levels of national income, employment and prices; monetary and fiscal policy analysis, effects of government debt and deficits.

3

 

F,S,SSII
or ECON 311 Money and Banking. or AGEC 430 Macroeconomics of Agriculture.
MATH 142 Business Mathematics II (Multivariate Calculus)Derivatives, curve sketching and optimization, techniques of derivatives, logarithms and  exponential functions with applications, integrals,techniques and applications of integrals, multivariate calculus. 3 F,S,SSI,SSII
or MATH 131  Mathematical Concepts–Calculus. or MATH 151 Engineering Mathematics I. or MATH 171 Analytic Geometry and Calculus.
STAT 303 Statistical Methods Intended for undergraduates in the social sciences. Introduction to concepts of random sampling and statistical inference, estimation and testing hypotheses of means and variances, analysis of variance, regression analysis, chi-square tests. 3 F,S,SSI,SSII
or INFO 303 Statistical Methods

REQUIRED COURSES

Economic Theory:

AGEC 619 Managerial Economics in Agribusiness. Practical application of operational and strategic decision-making tools to agribusiness, focusing on important managerial and economic principles and understanding needed to carry out these functions. 3 Fall
ECON 611 Foundations of Macroeconomic Theory Development of modern static national income analysis from general equilibrium system; roles of fiscal and monetary policy in promoting economic stability. 3 Spring

Quantitative Methods:

AGEC 621 Econometrics for Agribusiness Econometric application and practice; analysis and interpretation of economic data for decision making and microcomputer implementation. 3 Fall
AGEC 622 Agribusiness Analysis and Forecasting Design, construction, use and evaluation of simulation, forecasting and optimization models to solve applied problems confronting decision makers in agribusiness. 3 Spring

Field   Requirements (9 credits of AGEC Field Courses):

Research   Requirements:

AGEC 693 Professional Study Professional paper undertaken as a requirement for the Master of Science Non-Thesis or as an elective for the Master of Agribusiness. May be taken more than once, but not to exceed 3 hours of credit towards a degree. 3 Spring

Elective   Courses (12 credits required):

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