Contact Information

Barry Barnett, Ph.D.
Department Chair

Department of Agricultural Economics 400 Charles E. Barnhart Building Lexington, KY 40546-0276

+1 (859) 257-5762

ageconomics@uky.edu

M.S. Program Plans

M.S. Program Plans

Master of Science in Agricultural Economics

Plan Options

Our graduate program currently offers two types of master's degrees, thesis (Plan A) and non-thesis (Plan B). The thesis option is a research Master's degree and is designed for students who aim to contribute to their respective fields through original research or scholarly work. Under this option, students are required to conduct an extensive study on a specific topic and produce a written thesis that demonstrates their ability to conduct independent research and critically analyze data. This option is particularly beneficial for those planning to pursue a doctoral degree or aiming for research-oriented careers. On the other hand, the non-thesis option is in Applied Agricultural Economics and provides students with an opportunity to gain extensive theoretical knowledge in their field without the requirement of conducting original research. This option is typically pursued by individuals seeking advanced knowledge and skills in their discipline or those aiming for career advancement in non-research roles. By offering both options, our graduate program ensures flexibility and caters to the diverse needs and goals of our student body.

Ready to Apply?

Check out our Graduate Admissions page for information on the requirements, application process, and admissions FAQ.

Graduate Admissions
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Thesis (Plan A)

This program is designed to meet the needs of students who have a strong interest in a specific topic and wish to fully develop their understanding of it by preparing a major research paper. Students in this program will be expected to complete a thesis plus a minimum of 24 hours of coursework, 12 hours of which must be at the 600 level and 12 hours of which must be in agricultural economics courses.

The MS thesis research will be conducted under the supervision of the student's major professor and advisory committee. In addition to the oral examination, students are encouraged to present seminars based on their work. They are also encouraged to write papers for presentation at professional meetings and for submission to professional journals.

 

Pre-program Requirements

Course Code Course Name Credit Hours
ECO 391 Business and Economic Statistics 3
ECO 402 Intermediate Macroeconomic Theory 3
MA 113 Calculus 3

  

Required Courses

Course Code Course Name Credit Hours
AEC 503 Price Theory and Applications 3
AEC 531 Agricultural Price Analysis 3
AEC 624 Advanced Quantitative Methods in Agricultural Economics 3

  

Other Requirements

  • At least 12 credit hours in graduate Agricultural Economics courses (500- or 600- level courses)
  • At least 12 credit hours in 600-level graduate courses
  • Total graduate course credit hours required: 24
  • A thesis and final examination
  • Defense of the thesis at an oral examination

Non-thesis (Plan B)

There exists a continuing need for a Master's degree program that produces personnel skilled in the applied aspects of agricultural economics to fill jobs as farm managers, farm finance, futures market analysts, etc. Academic work in this program concentrates on applied agricultural economics courses directed toward the special needs of the individual student.

This program is not recommended for students who have any aspirations of pursuing a Ph.D. Since students in this program are not engaged in research, graduate research assistantships are not available. This program does not require a thesis, but it does require 36 credit hours of graduate coursework, at least 15 hours of which must be at the 600 or higher level, and 18 hours of which must be in agricultural economics courses.

 

Pre-program Requirements

Course Code Course Name Credit Hours
ECO 391 Business and Economic Statistics 3
ECO 402 Intermediate Macroeconomic Theory 3
MA 113 Calculus 3

  

Required Courses

Course Code Course Name Credit Hours
AEC 503 Price Theory and Applications 3
AEC 531 Agricultural Price Analysis 3
AEC 624 Advanced Quantitative Methods in Agricultural Economics 3

  

Other Requirements

  • At least 18 credit hours in graduate Agricultural Economics courses (500- or 600- level courses)
  • At least 15 credit hours in 600-level graduate courses
  • Total graduate course credit hours required: 36
  • Oral examination

Oral examinations are the concluding event of each Master's program. These examinations are conducted by the student's advisory committee. Oral examinations for Plan A programs normally concentrate on the student's thesis. The student is expected to "defend" the thesis. This entails being able to answer questions about how and why certain things were done in the thesis and to be able to interpret the results.

Oral examinations for Plan B programs are normally conducted in such a way as to determine if the student has been able to integrate the materials learned in courses so as to apply them to economic problems. Such questions may also be posed to Plan A students.

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Questions?

Yoko Kusunose

Associate Professor
Brannon International Fund Coordinator
Director of Graduate Studies

(859) 257-7289 yoko.kusunose@uky.edu 318 Charles E. Barnhart Building Lexington, KY 40546-0276

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Contact Information

Barry Barnett, Ph.D.
Department Chair

Department of Agricultural Economics 400 Charles E. Barnhart Building Lexington, KY 40546-0276

+1 (859) 257-5762

ageconomics@uky.edu