Agribusiness and Agricultural Economics
Why Study Agribusiness or Agricultural Economics?
Do you want to own or manage an agricultural or natural resource related firm? Do you want to market agricultural or natural resource related products? Do you want to understand how to analyze the big picture issues related to agricultural, food or natural resource policies; rural or community development; or environmental and natural resource economics? Do you want to be a lawyer, veterinarian or doctor? If you answer yes to any of these questions, than majoring in agricultural economics or agribusiness may be the right fit for you.
Unique Classes and Assignments
As an agricultural economics or agribusiness major, students receive incredible hands-on education including: job shadowing with a salesman, development of economic models with data collected by class members, interviews with department alumni and real world project experience, including farm real estate appraisal and marketing feasibility of products for a real firm.
The Department of Agricultural Economics annually awards approximately $100,000 in scholarships to students in the department. Last year, CASNR awarded an additional $460,000 to students within the college.
- Job and internship opportunities
- Undergraduate research
The Department of Agricultural Economics is the home of five Truman Scholars. The Harry S. Truman Scholarship Foundation supports continued graduate education and professional development of young people committed to public service leadership by selected outstanding individuals from universities across the U.S.
What is the difference between Agricultural Economics and Agribusiness?
Theoffers two majors, agricultural economics and agribusiness, with several options. The core courses for the two majors are the same.
Agribusiness is the sum total of all operations involved in the manufacture and distribution of agricultural and natural resource input supplies, production operations of the agricultural and natural resource firm (farm, ranch, forestry, fishery, etc.) and the storage, distribution and consumption of food, fiber and other agricultural and natural resource products.
Agricultural economics is the study of the efficient allocation of scarce resources among their competing uses. Agricultural economics is an applied social science showing how firms allocate scarce resources to produce food, fiber and other products, and distribute them over time, place and form.
Visit the "Finish in 4" page for degree requirements and example plans for each degree option of how a student may successfully complete their degree requirements in four years.
Contact the Department
Department of Agricultural Economics
308 Agricultural Hall
Oklahoma State University
Want to schedule a campus visit or learn more about pursuing a major in agribusiness or agricultural economics? Visit our Future Students page.