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Agribusiness and Agricultural Economics, M.Sc.

The Master of Science thesis-based program in Agribusiness and Agricultural Economics consists of a combination of coursework and a research component. A Ph.D. in Economics with a research specialization in Agribusiness and Agricultural Economics is also offered.

Program Information

• The program is offered by the Faculty of Agricultural and Food Sciences.
• The Department of Agribusiness and Agricultural Economics offers a Pre-Master's program of study to bring a student's background up to the equivalent of the required 4-year degree in the major department/unit.
• Completing the Pre-Master's program does not guarantee acceptance to the Master's program.

Admission Information

Admission to the Faculty of Graduate and Postdoctoral Studies

• Application and Admission Procedures are found in the Academic Guide.
• Admission requirements for Master's students are found in the Master's Degrees General Regulations section of the Guide.

Agribusiness & Agricultural Economics M.Sc. Admission Requirements

• Applicants normally require a Bachelor of Science in Agribusiness or a four-year Bachelor's degree (or equivalent) in Economics.
• The following courses or their equivalents are prerequisites to the graduate program:
  • MATH 1300: Vector Geometry and Linear Algebra (or an equivalent course in Matrices and Linear Algebra)
  • MATH 1500: Introduction to Calculus (or an equivalent course in Calculus)
  • ECON 2010: Microeconomic Theory 1 (or an equivalent course in microeconomics)
  • ECON 2020: Macroeconomic Theory 1 (or an equivalent course in macroeconomics)
  • ABIZ 3080: Introduction to Econometrics (or an equivalent course in econometrics)
• The following courses are not required, but may be recommended:
  • ECON 3010: Microeconomic Theory 2 (or an equivalent course in microeconomics)
  • ECON 3020: Macroeconomic Theory 2 (or an equivalent course in macroeconomics)

Degree Requirements

The M.Sc. program has three streams:

1. Agricultural Economics
2. Agribusiness
3. Environmental and Resource Economics All students will be automatically entered into the Agricultural Economics stream and will require approval to move into the Agribusiness or Environmental and Resource Economics streams.

Thesis Route

• Students must complete a minimum of 18 credit hours of coursework.
• Of these 18 credit hours, a minimum of 9 credit hours must be at the 7000 level.
• Students must submit an acceptable thesis and pass a thesis oral examination as well as present two graduate seminars open to the public.

Comprehensive Examination Route

• Students must complete a minimum of 27 credit hours of coursework with at least 18 credit hours at the 7000 level.
• All students in the comprehensive option must complete a research paper and pass a comprehensive examination based primarily on the paper.
• These students must present a graduate seminar open to the public based on the completed research.

Progression Chart

Thesis Route

Agricultural Economics Stream

• GRAD 7300: Research Integrity Tutorial
• GRAD 7500: Academic Integrity Tutorial
• Select one of the following:
  • ABIZ 7940 & ABIZ 7950: Production Economics and Advanced Agricultural Demand Analysis
  • ECON 7722: Advanced Microeconomic Theory I
  • XXXX 7XXX: Quantitative Methods (Econometrics, Management Science, or Statistics as approved by Advisor)
• Select additional courses as approved by Advisor
• GRAD 7000: Master's Thesis

Agribusiness Stream

• GRAD 7300: Research Integrity Tutorial
• GRAD 7500: Academic Integrity Tutorial
• ABIZ 7410: Agricultural Finance
• XXXX 7XXX: Additional courses in Agribusiness or related area as approved by Advisor
• XXXX 7XXX: Quantitative Methods (Econometrics, Management Science, or Statistics) as approved by Advisor
• Select additional courses as approved by Advisor
• GRAD 7000: Master's Thesis

Environmental and Resource Economics Stream

• GRAD 7300: Research Integrity Tutorial
• GRAD 7500: Academic Integrity Tutorial
• Select one of the following:
  • ABIZ 7940 & ABIZ 7950: Production Economics and Advanced Agricultural Demand Analysis
  • ECON 7722: Advanced Microeconomic Theory I
  • XXXX 7XXX: Quantitative Methods (Econometrics, Management Science, or Statistics as approved by Advisor)
• ABIZ 7430: Advanced Theory of Resource Economics
• Select an additional course related to Environment and Resources as approved by Advisor
• Select additional course(s) as approved by Advisor
• GRAD 7000: Master's Thesis

Comprehensive Examination Route

Agricultural Economics Stream

• GRAD 7300: Research Integrity Tutorial
• GRAD 7500: Academic Integrity Tutorial
• Select one of the following:
  • ABIZ 7940 & ABIZ 7950: Production Economics and Advanced Agricultural Demand Analysis
  • ECON 7722: Advanced Microeconomic Theory I
  • XXXX 7XXX: Quantitative Methods (Econometrics, Management Science, or Statistics as approved by Advisor)
• Select additional courses as approved by Advisor
• GRAD 7010: Comprehensive Examination

Agribusiness Stream

• GRAD 7300: Research Integrity Tutorial
• GRAD 7500: Academic Integrity Tutorial
• ABIZ 7410: Agricultural Finance
• XXXX 7XXX: Additional courses in Agribusiness or related area as approved by Advisor
• XXXX 7XXX: Quantitative Methods (Econometrics, Management Science, or Statistics) as approved by Advisor
• Select additional courses as approved by Advisor
• GRAD 7010: Comprehensive Examination

Environmental and Resource Economics Stream

• GRAD 7300: Research Integrity Tutorial
• GRAD 7500: Academic Integrity Tutorial
• Select one of the following:
  • ABIZ 7940 & ABIZ 7950: Production Economics and Advanced Agricultural Demand Analysis
  • ECON 7722: Advanced Microeconomic Theory I
  • XXXX 7XXX: Quantitative Methods (Econometrics, Management Science, or Statistics as approved by Advisor)
• ABIZ 7430: Advanced Theory of Resource Economics
• Select an additional course related to Environment and Resources as approved by Advisor
• Select additional courses as approved by Advisor
• GRAD 7010: Comprehensive Examination

Registration Information

• Students should familiarize themselves with the Faculty of Graduate and Postdoctoral Studies 'GRAD' courses applicable to their program.
• New and returning students must meet with their program advisor to determine courses prior to registration.

Regulations

• Students must meet the requirements as outlined in both Supplementary Regulation and BFAR documents as approved by Senate.
• Individual units may require specific requirements above and beyond those of the Faculty of Graduate and Postdoctoral Studies.

Supplementary Regulations

• Students should consult unit supplementary regulations for these specific regulations.

Bona Fide Academic Requirements (BFAR)

• All students must successfully complete:
  • GRAD 7300 prior to applying to any ethics boards which are appropriate to the student's research or within the student's first year, whichever comes first.
  • GRAD 7500 within the first term of registration.

Courses

Agribusiness and Agricultural Economics

• ABIZ 7110: Attributes of Market Organization
• ABIZ 7140: Resource Efficiency and Allocation in Agriculture
• ABIZ 7230: Agricultural Market Regulation
• ABIZ 7240: Research in Agricultural Marketing
• ABIZ 7260: Econometrics with Applications in Food, Agribusiness and Resources
• ABIZ 7270: Research Methodology
• ABIZ 7300: Topics in Agricultural Economics
• ABIZ 7310: Agricultural Economic Development
• ABIZ 7330: Transportation Economics and Research
• ABIZ 7350: Regional Development
• ABIZ 7360: Current Issues in Policies Relating to Agriculture
• ABIZ 7380: Agricultural Policy
• ABIZ 7400: Forecasting and Simulation Models
• ABIZ 7410: Agricultural Finance
• ABIZ 7430: Advanced Theory of Resource Economics
• ABIZ 7460: Research Management
• ABIZ 7630: Theory of International Trade
• ABIZ 7940: Production Economics
• ABIZ 7950: Advanced Agricultural Demand Analysis

Expected Time to Graduate

• The expected time to graduate is 2 years.