Where will this take me?
Economic analysis is vital to the profitability and success of agricultural businesses. The industry relies on economic modelling, business planning and other skills developed in the Agricultural Economics major. Professionals in these areas help individual producers and businesses maintain profits and adapt to changing environmental and business climates by combining agricultural science and economic knowledge to deliver tailored solutions to challenging issues.
INDUSTRIES AND ROLES
Following a major in Agricultural Economics, potential careers include:
- Farm management consultant: advise farmers on business decision-making based on your analysis of costs, margins and commodity prices
- Commodity trader: analyse market conditions and commodity sales and buying strategies
- Rural finance officer: determine the viability of businesses applying for loans and advise on financial planning
- Sales and marketing manager: analyse the viability of new markets or products, build relationships and develop marketing strategies
- International development officer: improve outcomes by devising targeted approaches to development.