2007-2008 University of Guelph Graduate Calendar

VIII. Graduate Programs

Food, Agricultural and Resource Economics

MSc Program

The MSc program in Food, Agricultural and Resource Economics focuses on three major areas of emphasis:

  • Economics of agricultural markets

  • Food business economics

  • Natural resource and environmental economics

The aim of the MSc program is to develop in students a fundamental understanding of economic principles and their application in identifying and solving relevant problems related to food, agriculture, and natural resources. The program also strives to develop appropriate analytical, methodological, and communication skills to enable students to analyze agriculture and resource problems effectively and explain their findings.

Admission Requirements

All students entering the Master of Science program must have achieved the University required minimum 70% (B-) average or equivalent. In addition, they are expected to have already taken, or be expected to take at the initiation of the program, the following basic courses:

  • Intermediate level micro- and macro-economic theory (ECON*2310 and ECON*2410 or equivalent)

  • Calculus and matrix algebra with applications to economics (ECON*2770 or equivalent)

  • Intermediate level statistics (ECON*3740 or equivalent).

These courses, if needed, normally are taken as make-up courses and do not carry graduate credit. In some instances they may be supplemented with other undergraduate courses at the discretion of the Departmental Graduate Program Committee. The Departmental Graduate Program Committee examines each application before the student is proposed to the School of Graduate Studies for admission into the program.

Degree Requirements

MSc students are required to complete successfully six taught courses plus a seminar course. The minimum course work requirements (assuming all undergraduate background requirements have been met) are:

ECON*6000 [0.50] Microeconomic Theory I
ECON*3710 Advanced Microeconomic Theory
AGEC*6910 [0.50] Applied Policy Analysis I
AGEC*6670 Applied Quantitative Methods for Agricultural Economics
AGEC*6610 Methodology of Economics
Two graduate courses in Food, Agricultural or Resource Economics as approved by the student's advisory committee
AGEC*6800 [0.00] Seminar in Agricultural Economics