Agricultural economics is a branch of economics which applies the economic theory as to optimise the production and distribution of food and fibre. Traditionally, agricultural economics was that area of economics specialised in the calculation of the land usage. It focused on maximizing the crop yield as well as maintaining a good soil ecosystem. During the 20th century the discipline aim has become broader and today agricultural economics consider different applied areas. As well as this, the discipline has been fundamental for the research development in various fields such as economics, econometrics, environmental economics and development economics. Furthermore, agricultural economics influences food policy, environmental policy and agricultural policy.
There are various topics the discipline considers including the agricultural environment and natural resources, production economics and farm management, development economics, and food and consumer economics.
If you are going to graduate from agricultural and applied economics departments, you can find different job positions in fields such as agricultural management, commodities markets, agribusiness, education, natural resource and environmental management, public relations and financial sector.
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