Agricultural and Applied Economics
The Agricultural and Applied Economics program provides a comprehensive and analytical education designed for students aiming to apply economic principles to agriculture, food systems, and resource management. Participants gain expertise in microeconomics, econometrics, agricultural policy, and applied research methods. The curriculum combines theoretical study with practical data analysis, case studies, and applied projects, enabling graduates to develop strong quantitative, problem-solving, and decision-making skills. Students engage in examining market trends, policy impacts, and economic strategies, preparing them to contribute effectively to sustainable agricultural and economic development initiatives.
This program emphasizes the integration of economic theory with practical agricultural applications, preparing students to address complex challenges in food systems, resource allocation, and policy evaluation. Through mentorship by faculty experts, participation in applied research projects, and exposure to contemporary agricultural economic issues, students acquire a robust understanding of market analysis, policy design, and data-driven decision-making. Graduates leave equipped to work in government agencies, research institutions, agribusiness firms, and international organizations, applying analytical and strategic expertise to enhance economic efficiency and sustainability in agriculture.
Key information
Key Facts
- Program Title: Agricultural and Applied Economics
- Degree Type: Master of Science
- Duration: 1,5 years
- Mode of Study: Full-time, On Campus
- Application Deadline: 15 January 2026
- Location: University of Illinois Urbana-Champaign, United States
- Field of Study: Economics
- Language of Instruction: English
Program Structure
Semester 1 – Foundations in Agricultural and Applied Economics
- Microeconomic Theory and Applications
- Quantitative Methods and Econometrics
- Agricultural Production and Resource Economics
- Research Methods in Applied Economics
Semester 2 – Advanced Economic Analysis and Policy
- Agricultural Policy and Trade
- Environmental and Resource Economics
- Data Analysis and Modeling
- Applied Economics Project
Semester 3 – Specialization and Applied Research
- Econometric Applications in Agriculture
- Risk Management and Market Analysis
- Capstone Project / Independent Research
- Elective Modules in Agricultural Economics
Career Opportunities
Graduates can pursue careers in governmental agencies, international organizations, research institutions, agribusiness firms, and financial consultancies. Potential roles include agricultural economist, policy analyst, market analyst, data consultant, and research specialist. The program’s emphasis on quantitative skills, applied economic analysis, and policy evaluation ensures that alumni are well-prepared to analyze complex data, assess market trends, and provide evidence-based recommendations. Graduates are equipped to design economic models, forecast agricultural markets, and evaluate policy impacts, contributing to informed decision-making and strategic planning. Additionally, they can engage in consultancy, project management, and advisory roles where understanding economic systems and agricultural dynamics is critical for organizational success.
Why Choose This Program
This program is ideal for students seeking a rigorous, applied, and data-driven education in agricultural economics. It integrates economic theory, quantitative methods, and applied research to provide a unique combination of analytical knowledge and practical expertise. Students benefit from mentorship by experienced faculty, participation in real-world projects, and exposure to policy and market analysis, enhancing their ability to interpret data, develop strategies, and influence decision-making. The program cultivates analytical thinking, economic literacy, and applied problem-solving, preparing graduates for impactful careers in agriculture, policy, and research. Choosing this program equips students with the knowledge and practical experience necessary to succeed in diverse roles in agricultural and applied economics.
Contact Information
For further information, please contact the graduate admissions office at:
Phone: 217-333-0035
Email: grad@illinois.edu
Address: The Graduate College, 507 East Green Street, Suite 101, MC-434, Champaign, IL 61820, United States
