X. Degree Programs

Bachelor of Arts (B.A.)

Food, Agricultural and Resource Economics (FARE)

Department of Food, Agricultural and Resource Economics, Ontario Agricultural College

Food and Agriculture connect people with the world’s natural resource base and are at the heart of global issues. In this major, students will acquire the analytical and management skills needed to develop the capacity to effectively deal with emerging issues and challenges, such as food, security and sustainability. Building on the understanding of economic theory and applied methods in both the Canadian and world context, a variety of job opportunities arise in industry, government agencies and non-governmental organizations.

Beyond the core offering, the major provides the flexibility for students to pursue thematic areas of study, as well as an opportunity to take additional liberal arts courses. In addition, this major provides excellent background for those students planning to undertake graduate work in food, agricultural or resource economics and other fields of applied economics.

Major (Honours Program)

A minimum of 11.00 credits, consisting of the 9.50 credits specified below plus 1.50 credits of restricted electives, is required, including:

ACCT*1220 [0.50] Introductory Financial Accounting
AGR*1110 [1.00] Introduction to the Agri-Food Systems
FARE*1300 [0.50] Poverty, Food & Hunger
FARE*1400 [1.00] Economics of the Agri-Food System
FARE*2410 [0.50] Agrifood Markets and Policy
FARE*2700 [0.50] Survey of Natural Resource Economics
FARE*3030 [0.50] The Firm and Markets
FARE*4000 [0.50] Agricultural and Food Policy
ECON*1050 [0.50] Introductory Microeconomics
ECON*1100 [0.50] Introductory Macroeconomics
ECON*2310 [0.50] Intermediate Microeconomics
ECON*2410 [0.50] Intermediate Macroeconomics
ECON*2740 [0.50] Economic Statistics
ECON*2770 [0.50] Introductory Mathematical Economics
ECON*3740 [0.50] Introduction to Econometrics
One of:
FARE*3170 [0.50] Cost-Benefit Analysis
FARE*4360 [0.50] Marketing Research
FARE*4500 [0.50] Decision Science
One of:
MATH*1030 [0.50] Business Mathematics
MATH*1080 [0.50] Elements of Calculus I
MATH*1200 [0.50] Calculus I
1.50 additional credits, at least of which 0.50 credits must be at the 4000 level, chosen from the following list of thematic streams with the Food, Agricultural and Resource Economics specialization:
Food and Agribusiness Management:
FARE*4220 [0.50] Advanced Agribusiness Management
FARE*4240 [0.50] Futures and Options Markets
FARE*4370 [0.50] Food & Agri Marketing Management
MGMT*3320 [0.50] Financial Management
International Agricultural Development Economics:
ECON*2650 [0.50] Introductory Development Economics
FARE*3250 [0.50] Food and International Development
FARE*4210 [0.50] World Agriculture, Food Security and Economic Development
Resource Economics:
ECON*4930 [0.50] Environmental Economics
FARE*4290 [0.50] Land Economics
FARE*4310 [0.50] Resource Economics

Notes: A student may obtain permission to substitute certain other courses for the ones listed if the substitute courses fit with the students program. Approval from a departmental advisor is required.

Unless taken to satisfy the requirements of another program, no student may receive credit in this program for more than one of the following statistics prerequisites ECON*2740, STAT*2040, STAT*2060, or STAT*2080.

University of Guelph
50 Stone Road East
Guelph, Ontario, N1G 2W1