Agricultural Economics Option

This option provides a program of study for students interested in careers in rural public policy analysis, rural economic development, natural resource and environmental economics, cooperative extension, or other individualized programs.

NOTE: MA 113 or MA 123 satisfies the UK Core Quantitative Foundations requirement and STA 296 satisfies the UK Core Statistical Inferential Reasoning requirement. Students must earn a C or higher in MA 113 or MA 123 to take AEC 303 and a C or higher in ECO 201 to take any AEC 300 level or higher course.

Premajor Requirements

ECO 201 - PRINCIPLES OF ECONOMICS I Credit(s): 3
ECO 202 - PRINCIPLES OF ECONOMICS II Credit(s): 3
MA 113 - CALCULUS I Credit(s): 4
OR
MA 123 - ELEMENTARY CALCULUS AND ITS APPLICATIONS Credit(s): 4 AND
MA 162 - FINITE MATHEMATICS AND ITS APPLICATIONS Credit(s): 3
STA 296 - STATISTICAL METHODS AND MOTIVATIONS Credit(s): 3

Subtotal: Premajor hours: 13-16

Major Requirements

NOTE: Students must receive a grade of C or better in AEC 302 , AEC 303 , AEC 305 , AEC 306 , and AEC 490 .

Students may count only one of the following towards their major requirements: AEC 324 , AEC 325 , AEC 326 .

AEC 301 - CAREER READINESS FOR AGRICULTURAL ECONOMICS Credit(s): 1
AEC 302 - AGRICULTURAL MANAGEMENT PRINCIPLES Credit(s): 4
AEC 303 - MICROECONOMIC CONCEPTS IN AGRICULTURAL ECONOMICS Credit(s): 3
AEC 305 - FOOD AND AGRICULTURAL MARKETING PRINCIPLES Credit(s): 3
AEC 490 - QUANTITATIVE METHODS AND PRICE ANALYSIS Credit(s): 3
plus 9 hours at the 300+ level Credit(s): 9
plus 3 hours at 400+ level Credit(s): 3

Subtotal: Major hours: 26

Academic Enrichment Requirement

Choose one of the following:

NOTE: Additional credit hours of AEC 399 beyond one (1) credit shall not count towards the AEC Major Requirements, but additional graded credit hours of AEC 395 or AEC 580 beyond one (1) credit may count towards that requirement.

AEC 395 - INDEPENDENT RESEARCH IN AGRICULTURAL ECONOMICS Credit(s): 1 - 3 (Variable)
AEC 396 - INTERNATIONAL STUDIES IN AGRICULTURAL ECONOMICS Credit(s): 1
AEC 399 - EXPERIENTIAL LEARNING IN AGRICULTURAL ECONOMICS Credit(s): 1 - 6 (Variable)
AEC 580 - SPECIAL PROBLEMS IN AGRICULTURAL ECONOMICS Credit(s): 1 - 3 (Variable)

Subtotal: Academic Enrichment hours: 1

Specialty Support

ACC 201 - FINANCIAL ACCOUNTING I Credit(s): 3
ACC 202 - MANAGERIAL USES OF ACCOUNTING INFORMATION Credit(s): 3
ECO 391 - ECONOMIC AND BUSINESS STATISTICS. Credit(s): 3
plus 12 additional hours of courses at the 200 level or higher to fulfill the student’s area of interest and selected with advisor’s approval from the College of Agriculture, Food and Environment, the Gatton College of Business and Economics or the departments of COM, CS, GEO, MA, PPL, PS, PSY, SOC, STA, and WRD (excluding WRD 203 ) Credit(s): 12

Subtotal: Specialty Support hours: 21

Electives

Electives should be selected by the student to complete the minimum total of 120 hours required for graduation.