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Food, Agricultural and Resource Economics Major

Food, Agricultural and Resource Economics

Admission Requirements

Become an Expert in Global Issues

 Investigate the Natural Production of Food

Explore areas of agriculture, resources, and applied economics, studying courses in food, hunger and poverty, economics of the agri-food system, and international trade.

 Build Your Career Foundation

Prepare yourself for related graduate programs and a workforce with an abundance of jobs; become a decision maker and strong leader in the agri-food sector and public agencies.

 Find Your People

Are you interested in agriculture policy and politics? There's a club for that at the U of G. Pursue your passions through one of a kind student clubs.

What is Food, Agricultural and Resource Economics?

Governments alone cannot manage our most pressing food, agricultural and resource challenges in the future, where the wise use of our world’s limited resources will be key to sustainable development and wealth. In the agricultural and food industries, this will often require changes to laws, public policies and the organization of markets – which is where your skills and experience as a FARE student will be crucial.

Through applied economic analysis on market impact and society, exploration of the economics of the agri-food system and dynamics of international trade and more, the skills you acquire throughout the curriculum and co-op will prepare you to be an expert in global issues and ready to tackle them head-on.

Students in the Food, Agricultural & Resource Economics (FARE) major at the University of Guelph might also be interested in studying Economics, Environmental Governance, Food & Agricultural Business, Management Economics and Finance, Honours Agriculture, Environmental Economics and Policy, or other majors.

What You Will Learn

Semester 1
  • Introduction to the Agri-Food Systems
  • Introductory Microeconomics
  • Business Mathematics
  • Elements of Calculus I
  • Calculus I
Semester 2
  • Introductory Financial Accounting
  • Introductory Macroeconomics
  • Poverty, Food and Hunger
  • Economics of the Agri-Food System

Semester 3
  • Intermediate Microeconomics
  • Economic Statistics
Semester 4
  • Intermediate Macroeconomics
  • Introductory Mathematical Economics
  • Agri-food Markets and Policy

Semester 5
  • Introduction to Econometrics
  • Survey of Natural Resource Economics
Semester 6
  • Cost-Benefit Analysis

Semester 7
  • The Firm and Markets
Semester 8
  • Agricultural and Food Policy


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