Agricultural and Resource Economics (AREC)College of Agriculture and Natural Resources
2200 Symons Hall, 301-405-1293
Chair: J. Hanson
Professors: A. Alberini, R. Chambers, J. Hanson, R. Just, E. Lichtenberg, L. Lynch, M. Nerlove, L. Olson, R. Williams
Associate Professors: H. Leathers, K. Leonard
Assistant Professors: S. Gunnsteinsson, J. Holzer Bilbao, S. Houde, P. Jakiela, D. Newburn, M. Zaki
Instructors: P. Goeringer (Res Assoc, Lecturer), D. Johnson (Farm Management Specialist)
Affiliate Professors: P. Cramton, M. Cropper
Adjunct Professors: J. Chavas, R. Fare, J. Hoddinott, A. Lange, J. List, J. Quiggin
Adjunct Associate Professors: K. McNew
Professors Emeriti: N. Bockstael, E. Brown, J. Cain, I. Hardie, D. Hueth, D. Lipton, J. Moore, I. Strand, D. Tuthill
Agricultural and Resource Economics majors complete a set of prerequisite courses, a core of classes offered by the Agricultural and Resource Economics Department, and one or more fields comprised of selected courses from outside the department. The core includes courses in economic reasoning, agribusiness management, environmental and resource policy, agricultural policy, economic development, and analytical methods. The program permits students flexibility in choosing fields to fit their career interests. Majors must complete one and are strongly encouraged to complete two fields. The curriculum balances breadth and depth, and lets students develop academic skills in two or more areas. The program provides a good foundation for careers in economics, resource or environmental policy, agribusiness, and international agriculture. Students are also able to minor in Agricultural and Resource Economics.
Program Learning Outcomes
Upon completion of the degree program, students should have acquired the following knowledge and skills:
Requirements for the Major
Other Requirements for the Major
All courses must be passed with a grade of "C-" or better to count towards prerequisite courses, major core courses, or field requirements. "C- or better" means any grade for which the University awards 1.7 or more quality points in calculating GPA. Beginning with students matriculating Fall 2012, to be awarded a baccalaureate degree, students must have a minimum "C" (2.00) cumulative grade point average across all courses used to satisfy major degree requirements.
Requirements for the Minor
Four minors exist in AREC, Agribusiness Economics, Resource and Agricultural Policy in Economic Development, Environmental Economics and Policy, and Global Poverty. Requirements are listed below:
Students must complete at least 15 credits in the Minor including at least one of the following Signature courses in the Global Poverty Minor:
AREC345 Global Poverty and Economic Development (3 credits)
and at least one signature course from another track in the Global Studies Minor Program:
BSST330 Terrorist Motivations and Behaviors (3 credits)
The remaining credits must be completed from the following:
AREC445 Agricultural Development, Population Growth and the Environment (3 credits)
ANTH265 Anthropology of Global Health (3 credits)
GVPT282 Politics and the Developing World (3 credits)
GVPT350 International Relations of the Third World (3 credits)
GEOG423 Latin America (3 credits)
ECON314 Economic History, Development and Policy (3 credits)
ECON315 Economic Development of Underdeveloped Areas (3 credits)
ECON317 Global Economic Policies (3 credits)
ECON375 Economics of Poverty and Discrimination (3 credits)
ECON416 Theory of Economic Development (3 credits)
ECON418 Economic Development of Selected Areas (3 credits)
ENST100 International Crop Production-Issues and Challenges in the 21st Century(3 credits)
FMSC381 Poverty, Affluence, and Families (3 credits)
GEOG130 Developing Countries (3 credits)
HIST496 Africa Since Independence (3 credits)
HONR228N Evaluating Global Development Assistance (3 credits)
HONR228R Parenting and Poverty: The Effects of Growing Up Poor on Children's Development (3 credits)
NFSC425 International Nutrition (3 credits)
3 credits of study abroad or 3 credits of an internship or experiential learning related to poverty and approved by advisor.
A second Global Poverty signature course and additional signature courses from another Global Studies Minor may serve as electives provided they are not being used to satisfy the requirements of a different minor. Students may also propose other courses to meet the elective requirement. No course may be used to satisfy the requirements of more than one minor.
At least 9 credits must be at the 300-400 level.
All courses presented for the minor must be passed with a grade of "C-" or better. Beginning with students matriculating in Fall 2012, to be awarded a baccalaureate degree, students must have a minimum C (2.00) cumulative grade point average across all courses used to satisfy minor requirements.
Because the program is flexible, advising is mandatory every semester. Appointments may be made by visiting the link below:
Undergraduate Research Experiences
Because it is part of a land grant university, the Department also has responsibility for research and technology transfer. During undergraduate study, students are encouraged to conduct independent research in faculty laboratories on campus or at the nearby U.S. Department of Agriculture Beltsville Agricultural Research Center and other area locations.
AREC faculty members provide a unique and rewarding research experience for undergraduates through the UMD First-Year Innovation & Research Experience (FIRE) program. The research agenda is continually updated and is designed to engage multiple focus areas in the department’s advanced computational collaborative learning center. Current examples include how species characteristics, ecosystems, markets, technology and trade influence the conservation or overexploitation of natural resources, the impact of renewable energy systems and vehicle ownership on environmental quality and interventions that encourage households and small businesses to invest in cost-effective, energy-saving technologies. Students develop quantitative research skills including: framing research questions for quantitative policy analysis, preparing large data sets for analysis, data analytics and visualization techniques, and preparing research results for presentation, publication and outreach. This opportunity is available to first-year students of all majors. For more information please visit: http://fire.umd.edu/
This internship experience is open to current AREC undergraduate students and students in the Global Poverty minor.
Internship Program Description
Students will identify an internship and start the process of getting approval from the Assistant Director. If students need help with identifying an internship, the Assistant Director can provide assistance. Once approval is given and all paperwork is signed, the student will register for the internship course, AREC386. A students must complete the internship in the same semester he/she register for the course.
Please visit this link for additional information:
Scholarships and Financial Assistance
AREC offers scholarships to AREC undergrads. These awards are based on merit and are in addition to any funding received from the campus or from the college. Currently, scholarship awards are available to the full-time AREC majors with the highest GPAs. They are determined on a semester basis and depend on the availability of funds. Scholarship awardees are required to conduct themselves in accordance with the rules and regulations of the University.
The Office of Student Financial Aid (OSFA) administers all types of federal, state and institutional financial assistance programs and, in cooperation with other university offices, participates in the awarding of scholarships to deserving students. For information, visit: www.financialaid.umd.edu .