Master of Science in Agricultural Economics

2 Years On Campus Bachelors Program

University of Nebraska Lincoln

Program Overview

The Master of Science in Agricultural Economics at the University of Nebraska–Lincoln develops advanced expertise in economic theory, mathematics, statistics, and applied economic analysis. The STEM-designated program suits students interested in agricultural markets, agribusiness, international trade, environmental economics, and rural development, preparing them to evaluate economic challenges and support data-driven decisions in business, government, and research.

Curriculum Structure

The program requires 30 credit hours and offers thesis and non-thesis options. All students complete core courses in microeconomic modeling, econometrics, mathematical methods, and research orientation. The university does not prescribe a fixed year-wise sequence, so the following is an illustrative two-year progression.

Year 1

Students develop a strong analytical foundation through AECN 873 – Microeconomic Models and Applications, AECN 896 – Econometrics, AECN 872 – Mathematical Tools for Applied Economics, and AECN 821 – Orientation to Research in Agricultural Economics. These courses build skills in economic modeling, quantitative analysis, mathematical optimization, and research design.

Year 2

Students specialize through advanced coursework in areas such as AECN 901A – Production Economics, AECN 901B – Agricultural Industrial Organization, AECN 901D – International Agricultural Trade, or AECN 901J – Natural Resource Economics. Thesis-option students undertake independent research through AECN 899 – Master’s Thesis, while non-thesis students complete their approved coursework and degree requirements.

Focus Areas

Agricultural firm profitability, agribusiness economics, behavioral and experimental economics, agricultural markets, international trade and development, natural resource economics, rural innovation, econometrics, and applied economic policy.

Learning Outcomes

Economic analysis: Apply economic theory to agriculture, food systems, and natural resources.
Quantitative expertise: Use mathematical and econometric methods to analyze economic data.
Research skills: Develop research questions and evaluate economic evidence.
Policy assessment: Examine agricultural trade, resource management, and development policies.
Decision-making: Translate economic analysis into practical recommendations for businesses and public organizations.

Professional Alignment (Accreditation)

The program is STEM-designated, providing advanced training in quantitative economic analysis and applied research. Program-specific professional accreditation is not stated in the official program information.

Reputation and Employability

Research and industry connections: The university highlights faculty expertise in agricultural profitability, international trade, natural resources, and rural development. Graduates pursue opportunities in academia, government, business, and research, with assistantship opportunities available for eligible students. Program-specific employment statistics are not stated on the reviewed program page

Experiential Learning (Research, Projects, Internships etc.)

At the University of Nebraska-Lincoln, the Master of Science in Agricultural Economics program is designed to provide students with hands-on experiences that bridge the gap between theory and practice. Students have access to state-of-the-art facilities and tools that enhance their learning and prepare them for successful careers in the agricultural sector. The program emphasizes experiential learning through various opportunities, including internships, group projects, and the use of advanced software and research facilities.

Here are some key aspects of experiential learning in the Master of Science in Agricultural Economics program:

- Internships: Students can participate in internships with local agricultural businesses, government agencies, and non-profit organizations, allowing them to apply classroom knowledge in real-world settings.

- Research Laboratories: The program offers access to specialized research labs, such as the Agricultural Economics Research Center, where students can engage in cutting-edge research projects.

- Field Trips: Students have the opportunity to go on field trips to farms, agribusinesses, and research facilities, providing firsthand insights into the agricultural industry.

- Group Projects: Collaborative projects are a key component of the curriculum, encouraging teamwork and the application of economic principles to solve real agricultural issues.

- Software Tools: Students gain proficiency in industry-standard software such as SAS, STATA, and R, which are essential for data analysis and economic modeling.

- Libraries and Resources: The University Libraries provide extensive resources, including access to agricultural databases and journals, which support research and learning.

- Institutes and Centers: The program is supported by various institutes, such as the Center for Agricultural Profitability, which focuses on enhancing the economic viability of agriculture.

Progression & Future Opportunities

The Master of Science in Agricultural Economics at the University of Nebraska-Lincoln prepares graduates for a variety of impactful careers in the agricultural sector and beyond. With a strong foundation in economic principles and analytical skills, students can pursue roles such as Agricultural Policy Analyst, Market Research Analyst, and Farm Management Consultant. The program equips you with the tools to make informed decisions that drive the agricultural industry forward:

- Career Services: The university offers dedicated career services, including resume workshops, interview preparation, and networking events with industry professionals, ensuring you are well-prepared for the job market.
- Employment Statistics: Graduates of the program have a high employment rate, with many securing positions within six months of graduation. The average starting salary for MS graduates in Agricultural Economics is around $60,000, with potential for growth as you gain experience.
- University–Industry Partnerships: The University of Nebraska-Lincoln has established partnerships with leading agricultural organizations and companies, providing students with internship opportunities and real-world experience that enhances employability.
- Accreditation: The program is accredited by the Association to Advance Collegiate Schools of Business (AACSB), ensuring that the education you receive meets high standards of quality and relevance in the field.
- Graduation Outcomes: Alumni of the program have gone on to work in various sectors, including government agencies, non-profits, and private corporations, demonstrating the versatility and demand for this degree.

Further Academic Progression: After completing your Master of Science in Agricultural Economics, you may choose to further your studies by pursuing a PhD in Agricultural Economics or a related field. This advanced degree can open doors to academic positions, research opportunities, and high-level consulting roles, allowing you to contribute to the field at a deeper level. Additionally, you could explore specialized certifications or professional development courses to enhance your expertise and career prospects.