Agricultural & Consumer Economics, BS and Agricultural & Applied Economics, MAAE

Overview

for the degrees of Bachelor of Science in Agricultural & Consumer Economics and Master of Agricultural & Applied Economics in Agricultural & Applied Economics

The MAAE program includes a standalone non-thesis masters degree as well as a combined BS/MAAE option for ACE undergraduates only. Standalone MAAE students must complete 32 hours of coursework including an internship. Combined program students must meet all requirements for their BS degree in ACE and take an additional 26 hours of graduate credit including an internship to earn the MAAE degree. Six hours of upper-level electives will count jointly for both degrees. As a combined program, students will receive both degrees at the completion of both programs.

Degree Requirements

for the degrees of Bachelor of Science in Agricultural & Consumer Economics and Master of Agricultural & Applied Economics in Agricultural & Applied Economics

BS Program Component

Graduation Requirements

Minimum hours required for graduation: 126 hours.

University Requirements

Minimum of 40 hours of upper-division coursework, generally at the 300 and 400 level. These hours can be drawn from all elements of the degree. Students should consult their academic advisor for additional guidance in fulfilling this requirement.

The university and residency requirements can be found in the Student Code (§ 3-801) and in the Academic Catalog.

General Education Requirements

Follows the campus General Education (Gen Ed) requirements. Some Gen Ed requirements may be met by courses required and/or electives in the program.

Course List
Code	Title	Hours
Composition I		4-6
Advanced Composition		3
Humanities & the Arts (6 hours)		6
Natural Sciences & Technology (6 hours)		6
Social & Behavioral Sciences (6 hours)		6
fulfilled by ACE 100, ECON 103, and two other courses approved as Social and Behavioral Sciences
Cultural Studies: Non-Western Cultures (1 course)		3
Cultural Studies: U.S. Minority Cultures (1 course)		3
Cultural Studies: Western/Comparative Cultures (1 course)		3
Quantitative Reasoning (2 courses, at least one course must be Quantitative Reasoning I)		6-8
fulfilled by MATH 220, MATH 221, or MATH 234; and ACE 262
Language Requirement (Completion of the third semester or equivalent of a language other than English is required)		0-15

Course List
Code	Title	Hours
Department Foundation
ACE 123	Introduction to ACE	2
ACE 100	Introduction to Applied Microeconomics	4
ECON 103	Macroeconomic Principles	3
ACE 161	Computer Concepts & Applications	3
or CS 105	Intro Computing: Non-Tech
Calculus Option - Select one of the following:		4
MATH 220	Calculus
MATH 221	Calculus I
MATH 234	Calculus for Business I
ACCY 201	Accounting and Accountancy I	3
ACE 262	Applied Statistical Methods and Data Analytics I	3
ACE 264	Applied Statistical Methods & Data Analytics 2	3
Communication Option		3 or 6
CMN 101	Public Speaking
ALEC 115	Let’s Talk about Food, Agriculture, and the Environment
CMN 111 & CMN 112	Oral & Written Comm I and Oral & Written Comm II
Minimum of 6 additional hours of Social & Behavioral Sciences		6
ACE 341	Careers and Professionalism	1 or 2
ACE 300	Intermediate Applied Microeconomics	3
ACE International Course or Study Abroad Experience Option - Select one of the following:		3
ACE 411	Environment and Development
ACE 435	Global Agribusiness Management
ACE 436	International Business Immersion
ACE 451	Agriculture in Intl Dev
ACE 452	The Latin American Economies
ACE 455	International Trade in Food and Agriculture

Course List
Code	Title	Hours
Concentration		15-29
Concentration prescribed courses. See specific requirements for the concentration listed below.
Agri-Accounting
Agribusiness Markets & Management
Consumer Economics & Finance
Environmental Economics & Policy
Farm Management
Finance in Agribusiness
Financial Planning
Policy, International Trade & Development
Public Policy & Law

Course List
Code	Title	Hours
Minimum hours in the College of ACES, 20 of which must be in the Department of ACE		35
Total Hours		126

6 hours of upper level electives will count jointly in the BS and Masters programs.

MAAE Program Component

Course List
Code	Title	Hours
Microeconomic Theory
ACE 500	Applied Economic Theory	4
Quantitative Methods		8
Applied Econometrics:
ACE 562	Applied Regression Models I
ACE 564	Applied Regression Models II
Other Quantitative Methods:
4 hours of approved graduate course work in Quantitative Methods
Field of Specialization
12 hours of approved graduate field courses		12
(Must include at least 4 total hours at the 500-level and 8 total hours in ACE
Professional/Research Internship Requirement
Select one of the following:
ACE 592	Special Topics (Graduate Internship)
ACE 591	Independent Study
Total MAAE Component Hours		26
Total Joint Program Hours		152

Other Requirements

Course List
Code	Title	Hours
Other requirements may overlap
A minimum of 20 hours of credit within the unit
A minimum of 16 hours at the 500-level overall
Minimum GPA		3.0

Sample Sequence

for the degrees of Bachelor of Science in Agricultural & Consumer Economics and Master of Agricultural & Applied Economics in Agricultural & Applied Economics

This sample sequence is intended to be used only as a guide for degree completion. All students should work individually with their academic advisors to decide the actual course selection and sequence that works best for them based on their academic preparation and goals. Enrichment programming such as study abroad, minors, internships, and so on may impact the structure of this four-year plan. Course availability is not guaranteed during the semester indicated in the sample sequence.

Students must fulfill their Language Other Than English requirement by successfully completing a third level of a language other than English. The introduction to applied microeconomics and macroeconomics courses do not count toward the social science general education requirement. Students must take 6 hours above and beyond these two courses to meet the social and behavioral sciences requirement. For more information, see the corresponding section on the Degree and General Education Requirements page.

First Year

First Semester
Requirements	Hours
ACE 100 - Introduction to Applied Microeconomics	4
ACE 123 - Introduction to ACE	2
Calculus Option	4
Communication Option or Composition I	3
Language Other than English (3rd level)	4
Semester Hours	17

Second Semester
Requirements	Hours
ACE 161 - Computer Concepts & Applications or CS 105 - Intro Computing: Non-Tech	3
Composition I or Communication Option	4
General Education course	3
ECON 103 - Macroeconomic Principles	3
General Education course	3
Semester Hours	16

Second Year

First Semester
Requirements	Hours
ACCY 201 - Accounting and Accountancy I	3
ACE 262 - Applied Statistical Methods and Data Analytics I	3
General Education course	3
Concentration Required course	3
Concentration Required course	3
Semester Hours	15

Second Semester
Requirements	Hours
ACE 341 - Careers and Professionalism	1
ACE 264 - Applied Statistical Methods & Data Analytics 2	3
General Education course	3
General Education course	3
Free Elective course	3
Free Elective course	3
Semester Hours	16

Third Year

First Semester
Requirements	Hours
Concentration Required course	3
Concentration Required course	3
ACE or ACES Elective course	4
General Education course	3
Free Elective course	3
Semester Hours	16

Second Semester
Requirements	Hours
ACE 300 - Intermediate Applied Microeconomics	3
ACE International course or Study Abroad Experience Option	3
General Education course	3
Concentration Required course	3
General Education course	3
Semester Hours	15

Fourth Year

First Semester
Requirements	Hours
ACE or ACES Elective course	4
Concentration Required course	3
Free Elective course	3
General Education course	3
General Education course	3
Semester Hours	16

Second Semester
Requirements	Hours
ACE or ACES Elective course	4
Concentration Required course	3
Free Elective course	2
Free Elective course	3
Free Elective course or 400-level ACE Elective	3
Semester Hours	15

Fifth Year

First Semester
Requirements	Hours
ACE 500 - Applied Economic Theory	4
ACE 562 - Applied Regression Models I	2
ACE 564 - Applied Regression Models II	2
Specialization Field ACE course	4
Semester Hours	12

Second Semester
Requirements	Hours
Specialization Field course (500-level ACE course)	4
Specialization Field course (500-level)	4
Professional/Research Internship course	2
Quantitative Methods course	4
Semester Hours	14

Total Hours

Total hours for all requirements: 152

Learning Outcomes

for the degrees of Bachelor of Science in Agricultural & Consumer Economics and Master of Agricultural & Applied Economics in Agricultural & Applied Economics

Bachelor of Science LOAs:

ACE students will acquire broad and deep knowledge of Agricultural and Consumer Economics.
ACE students will develop a critical and reflective orientation toward global systems (such as natural, environmental, social, cultural, economic, and political) and cultural differences (such as race, indigeneity, gender, class, sexuality, language, and disability).
ACE students will develop critical thinking and problem solving skills.
ACE students will develop their ability to communicate in a variety of settings.
ACE students will build and sustain productive relationships to be effective leaders who can respond to civic and social challenges at local, national, and global levels, creating positive change in their communities.

MAAE LOAs:

Develop a knowledge base in, and demonstrate an understanding of how to use, microeconomic concepts to set up and analyze economic problems.
Develop mastery of quantitative methods which can be used to analyze and address economic problems.
Understand features of agriculture and natural resources (e.g., inherent risk, institutions, unique government policies, and cultural importance of food) that make them unique for applications of economic principles and methods.
Gain experience in applying skills developed in the program in a real-world professional setting.
Practice highest levels of professional conduct (e.g., in professional activities take responsibility, be accountable, show integrity, have strong ethics, and respect diversity).

Contact Information

for the degrees of Bachelor of Science in Agricultural & Consumer Economics and Master of Agricultural & Applied Economics in Agricultural & Applied Economics