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Natural resource economics is focused on managing resources such as land, water, air, and soils and emphasizes the importance of sustainability. Agricultural economics considers land usage, food distribution networks, agricultural markets, finance, and enterprise management, and maximizing profits.
What is Agricultural economics? Agricultural economics is an applied social science that deals with how producers, consumers, and societies use scarce resources in the production, marketing, and consumption of food and fiber products. In agricultural markets, the forces of supply and demand are at work.
Agricultural Economics and Extension is an integral part of agricultural disciplines. Students take basic courses in agriculture and other sciences. The Department seeks to provide broad fundamental education as well as impact entrepreneurial professional skills in agriculture.
Purdue Universitys College of Agriculture has been recognized as the No. 3 college of agriculture in North America and No. 5 in the world in the 2023 QS World University Rankings.
Purdue is home to the #4 Agricultural Economics program in the World.

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Extension provides non-formal education and learning activities to people throughout the country to farmers and other residents of rural communities as well as to people living in urban areas.
Agricultural and Extension Education is hands-on education in teaching tomorrows agricultural professionals. Graduates take leadership roles in schools, extension agencies, the ag industry, and government agencies, or continue their studies at graduate school.
Agricultural economists have management-related jobs in agribusiness firms. They use modern analytical management tools to make profitable decisions. Agricultural economists conduct financial analysis, develop marketing plans, and set up optimal production schedules in U.S. and international food and fiber firms.

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