Agricultural and applied economics is understanding environmental, agricultural, and global industries
Agricultural and applied economics (AAE) studies the principles of economics and applies them to real world-challenges related to food systems, international trade, climate change and environmental protection, global poverty, and more.
As an Agricultural and Applied Economics student you will:
- Build the analytical skills needed to understand today’s economy and use them to analyze the economic factors that impact a wide range of current issues
- Explore specialized topics in business economics and finance, economic development, biotechnology, land-use management, and community development
- Apply economic concepts and quantitative techniques to analyze real-world problems and public policy debates
Career Paths
Agricultural and applied economics graduates are prepared to work as environmental or agricultural economists, environmental managers, policy and business analysts, researchers, managers, consultants, and auditors with nonprofit organizations, government agencies, co-operatives, multinational firms, agribusiness companies, financial institutions, and the food or retailing industry.
Here are just a few examples of what our agricultural and applied economics graduates are doing with their careers:
Your CALS Experience
Follow your interests and focus your studies
You’ll take core agricultural and applied economics courses and then choose which focus area you’d like to specialize in:
- Environmental economics
- Development economics
- Managerial economics
- Applied economics
Fund your education
As an agricultural and applied economics student, you can apply to the Renk Scholarship Program offered by the Renk Agribusiness Institute. Join a cohort of Renk scholars and receive tuition support, mentorship, internship and job opportunities, and a network of support.
Study abroad and gain global perspective
Gain a global perspective on food systems, international trade, climate change, environmental protection, and poverty, while building regional knowledge, honing world language abilities, and developing intercultural communication skills.
Study food systems and sake production in northern Japan, environmental economics in the Netherlands, or development economics and urbanization in Thailand. You can also choose from one of UW–Madison’s many semester, summer, and short-term study abroad programs and map your study abroad experience as an agricultural and applied economics major.
Get involved. Find your people.
Explore a few of the other agriculture and business-related student organizations at UW–Madison:
Gain real-world experience
Engage in economics research on both domestic and international topics working with faculty in the Department of Agricultural and Applied Economics. Explore real-world problems in community economic development, development economics, economics of agriculture, and environmental and resource economics.
Tackle a business problem proposed by industry partners in our experiential learning capstone course, Classroom Consulting. You’ll be matched with a business and have the the opportunity to apply your learnings to a real-world project. Your student team will work alongside a business, create a solution to one of their challenges, and present your project to industry professionals.
Earn a bachelor’s degree and master’s degree in 5 years
Agricultural and applied economics students can apply to the 4+1 Accelerated MSPO Pathway program and earn their bachelor’s degree and master’s degree within 5 years. Receive your Master’s of Science in Agricultural Economics—Professional Option just one year after graduation.
20
Renk Scholars selected each year
53%
Students who participate in research
$60,000+
Awarded annually in scholarships
Advisor & Contact Information
Advisors can answer your questions, help you create a degree plan that meets your personal and professional goals, and connect you to resources across the UW–Madison campus.
Incoming students should reach out to CALS Academic Affairs to direct your questions. Current UW–Madison students should schedule with their assigned advisor using Starfish.
CALS Academic Affairs
116 Agricultural Hall
1450 Linden Dr., Madison, WI 53706
academicaffairs@cals.wisc.edu
(608) 262-3003
Agricultural and Applied Economics Advising
424 Taylor Hall
427 Lorch St., Madison, WI 52706
info@aae.wisc.edu
(608) 262-8966
Want to learn more about agricultural and applied economics?