Earn a master's degree with Purdue's Master of Science in Agricultural Economics degree with a concentration in International Agribusiness. As a graduate student, you will enhance your skills in data analytics, quantitative data analysis, and data-based decision-making-knowledge.

This degree will equip you with the tools to work in the rapidly growing international agribusiness and food industry. Graduates also work in government, management, marketing, and in a range of areas from commercial agriculture to food product development and production, and from natural resources management to managing supply chains.

Plan of Study

Includes 15 credits of economic theory, 6 credits of quantitative methods, 9 credits of electives.





Year One

Fall August - December

AGEC 526: International Food and Agribusiness Marketing Strategy
AGEC 552: Introduction To Mathematical Programming
AGEC 571: Global Issues In International Agribusiness
ECON 511: Intermediate Economics I

Spring January - May AGEC 530: Strategic Agribusiness Management
AGEC 572: International Agribusiness Market Opportunities
AGEC 650: Econometrics I
ECON 512: Intermediate Economics II
Summer May - July AGEC 598: Internship, Study Abroad, or Capstone Project 3

Year Two

Fall August - December AGEC 537: Business Plan Development

 *Approved by advisor. Minimum 9 credits total. Recommend 6 credits from AGEC, and 3 credits from AGRY, ANSC, ASM, BTNY, ENTM, FNR, FS, or HORT.

Course Descriptions

Students will develop their analytical, decision-making, and communication skills related to marketing management of food systems in the world economy. They will analyze a foreign market’s potential and market entry strategies; compare consumer differences and similarities across markets; define issues related to marketing mix standardization or adaptation; and evaluate effects of economic, social, and legal environments on marketing strategy. 

Addresses issues in the strategic management of agricultural and food businesses. Emphasis is on developing a framework for formulating strategy, making strategic choices in a variety of business environments, and implementing strategy. Extensive use of management case studies and a major term project with an agribusiness firm focus on developing managerial problem-solving skills.

Introduction to constrained and optimization problems and their solution using mathematical programming techniques. Theory and implementation of linear, quadratic, and integer programming methods are examined. Applications to farm management, diet and feed rations, spatial market equilibrium, agricultural sector analysis, and other problems from agricultural economics. Use of computer software packages for practical problems.

The course objective is to expose students to a wide range of global issues directly and indirectly related to the production, processing, and marketing of agricultural products (food, fuel, fiber). Topics vary and may include food security, malnutrition, food safety, biofuels, the environment, trade and agricultural policy, emerging agricultural technologies, and climate change.

The course objective is to assist students in identifying and exploring market opportunities in international agribusiness, including those related to the production, processing, and marketing of agricultural products including food, fuel, and fiber. The course combines lectures with discussion and project-based learning and group activities. 

Brief presentation of probability concepts, mathematical expectation, probability density and distribution functions as background for studying principles of economic model construction. Emphasis is on econometric single equation models, principles of estimation, the general linear model, tests of hypothesis, confidence interval estimation, and special topics such as errors in the variables, multicollinearity, dummy variables, hetero-scedasticity, autocorrelation and prediction problems.

Consumer behavior and demand, production and cost, factor demand, market structure, general equilibrium and welfare. Emphasis on the tools used to analyze the behavior of individual economic units. 

Course content includes money and banking, national income and aggregative economics; the analysis of the determination of national income, employment, the price level, and the balance of payments. Consideration of both theory and economic policy. 

Have Questions?

Ryan Good, Graduate Program Administrator

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