Academic Programs Catalog

College of Agriculture and Natural Resources

Department of Agricultural, Food and Resource Economics

Undergraduate Programs
Managerial Economics for the Bioeconomy

The Bachelor of Science Degree in Managerial Economics for the Bioeconomy is rooted in the study of management and practical applications of economics. The degree affords students a high degree of flexibility and is well suited for students interested in developing strong analytical, strategic thinking, and problem-solving skills that are broadly applicable to a variety of diverse managerial and policymaking related careers. Internships, study abroad, research, and networking opportunities are encouraged to broaden learning and practical experience in the major.

Requirements for the Bachelor of Science Degree in Managerial Economics for the Bioeconomy

  1. The University requirements for bachelor's degrees as described in the Undergraduate Education section of this catalog; 120 credits, including general elective credits, are required for the Bachelor of Science Degree in Managerial Economics for the Bioeconomy.

    The University's Tier II writing requirement for the Managerial Economics for the Bioeconomy major is met by completing AFRE 445. That course is referenced in item 3. below.

    The completion of the Managerial Economics for the Bioeconomy mathematics requirement may also satisfy the College of Agriculture and Natural Resources and the University mathematics requirement.
  2. The requirements of the College of Agriculture and Natural Resources for the Bachelor of Science degree.

    Certain courses referenced in requirement 3. below may be counted toward College requirements as appropriate.
  3. The following requirements for the major:
    a. All of the following courses (26 credits):
    AFRE  100 Economics and Management for the Bioeconomy 3
    AFRE  203 Data Analysis for Managerial Decision Making  3
    AFRE  206 World Food, Population and Poverty 3
    AFRE  210 Professional Seminar in Agricultural, Food, and Resource Economics 1
    AFRE 222 Sales for the Bioeconomy  3
    AFRE  240 Product Marketing for the Bioeconomy  3
    AFRE  410 Advanced Professional Seminar in Agricultural, Food, and Resource Economics 1
    AFRE  445 Strategic Management for the Bioeconomy (W)  3
    EC  201 Introduction to Microeconomics  3
    EC  202 Introduction to Macroeconomics  3
    b. Three of the following courses (9 credits):
    AFRE  300 Public Policy Analysis  3
    AFRE  315 Labor and Personnel Management 3
    AFRE  322 Organizational Economics for the Bioeconomy 3
    AFRE  327 International Agribusiness and Food Marketing 3
    AFRE  330 Advanced Agribusiness Management 3
    AFRE  340 Food Marketing Research and Analytics  3
    AFRE  360 Environmental Economics  3
    AFRE  435 Financial Management for the Bioeconomy 3
    AFRE  440 Food Marketing Management  3
    AFRE  460 Natural Resource Economics 3
    AFRE  465 Corporate Environmental Management (W) 3
    A study abroad or independent study experience may also fulfill part of this requirement through enrollment in AFRE 490 with approval by the department.
    An internship experience may also fulfill part of this requirement through enrollment in AFRE 493 with approval by the department.
    c. Two of the following courses (5 or 6 credits):
    AFRE  224 Information and Market Intelligence  3
    AFRE 232 Commodity Marketing  3
    AFRE  265 Ecological Economics  3
    ADV  200 The World of Advertising  2
    ADV  375 Consumer Behavior  3
    COM  100 Human Communication  3
    COM  225 Introduction to Interpersonal Communication  3
    COM  240 Introduction to Organizational Communication 4
    CSE  102 Algorithmic Thinking and Programming 3
    CSUS  200 Introduction to Sustainability  3
    CSUS  300 Theoretical Foundations of Sustainability 3
    CSUS  473 Social Entrepreneurship and Community Sustainability 3
    EC  330 Money, Banking, and Financial Markets  3
    EC  340 Survey of International Economics 3
    EC  360 Private Enterprise and Public Policy 3
    EC  380 Labor Relations and Labor Market Policy 3
    FI  320 Introduction to Finance 3
    GBL  323 Introduction to Business Law 3
    HRLR  201 Human Capital, Human Resources, and Labor Relations 3
    HRLR  211 Introduction to Organizational Leadership 3
    MGT  325 Management Skills and Processes 3
    MKT  327 Introduction to Marketing 3
    PHL  345 Business Ethics 3
    SCM  304 Survey of Supply Chain Management 3
    d. One of the following courses (3 credits):
    ACC  230 Survey of Accounting Concepts 3
    AFRE  130 Foundations of Agribusiness Management 3
    e. One of the following courses (3 or 4 credits):
    STT  200 Statistical Methods 3
    STT  201 Statistical Methods 4
    STT  315 Introduction to Probability and Statistics for Business 3
    f. One of the following courses (3 credits):
    AFRE  303 Managerial Economics 3
    EC 301 Intermediate Microeconomics 3