Agricultural/Animal/Plant/Veterinary Science And Related FieldsSpecialization of Agricultural Business and Management

Best institutions to study Agricultural Economics

CIP 01.0103

A program that focuses on the application of economics to the analysis of resource allocation, productivity, investment, and trends in the agricultural sector, both domestically and internationally.

44 U.S. institutions graduated 1,691 Agricultural Economics students in 2024–25 (IPEDS). It is CIP 01.0103, a specialization of Agricultural Business and Management (CIP 01.01), and leads most directly to the Economists occupation (BLS SOC 19-3011).

Institutions
44
offering CIP 01.0103
States & territories
32
with graduates reported
Graduates / yr
1,691
IPEDS completions 2024–25
Women
38%
share of graduates
US median pay · Economists
$124,720
BLS OEWS May 2025
Share of Agricultural Business and Management
19%
of all Agricultural Business and Management graduates

About Agricultural Economics programs

Official NCES definition · CIP 01.0103
A program that focuses on the application of economics to the analysis of resource allocation, productivity, investment, and trends in the agricultural sector, both domestically and internationally. Includes instruction in economics and related subfields as well as applicable agricultural fields.
Also offered asAgroeconomics

See also: 03.0204 - Environmental/Natural Resource Economics.

Source: National Center for Education Statistics, Classification of Instructional Programs (CIP 2020).

The Agricultural Economics program focuses on applying economic principles to analyze resource allocation, productivity, and investment trends within the agricultural sector, both domestically and internationally. This program is ideal for students interested in understanding the economic factors that influence agriculture and related fields.

Learn more about Agricultural Economics →

What you'll learn

Students will develop essential skills in critical thinking, mathematics, and data analysis. Coursework typically includes economics, agricultural science, and statistical techniques, preparing graduates to address complex economic issues in the agricultural industry.

Credentials awarded

What Agricultural Economics graduates earned in 2024–25, by award level (IPEDS completions).

  • Bachelor's degree1,366 graduates / yr · 28 institutions
    81%
  • Master's degree156 graduates / yr · 20 institutions
    9.2%
  • Award of at least 12 weeks but less than 1 academic year81 graduates / yr · 6 institutions
    4.8%
  • Associate's degree42 graduates / yr · 3 institutions
    2.5%
  • Doctor's degree - research/scholarship37 graduates / yr · 5 institutions
    2.2%
  • Award of at least 1 but less than 2 academic years5 graduates / yr · 1 institution
    0.3%
  • Postbaccalaureate certificate2 graduates / yr · 1 institution
    0.1%
  • Award of less than 12 weeks2 graduates / yr · 1 institution
    0.1%

Graduates over time

Agricultural Economics completions reported to IPEDS each year, all award levels combined.

1,691graduates in 2025
-18% since 2012
2,272 · 2017201220252,0531,691
Graduates per year (IPEDS completions)
YearGraduates
20122,053
20132,137
20142,170
20152,253
20162,151
20172,272
20182,107
20192,234
20202,120
20211,899
20221,860
20231,729
20241,748
20251,691

Top 44 institutions for Agricultural Economics, ranked by graduates

Graduates (IPEDS completions), 2024–25. Award levels show which credentials each institution confers in this specialization.

#InstitutionGraduates / yrGrad rateNet priceField earnings* (1 yr)
1Texas A&M University - College Station
College Station, TXPublicBachelor'sAward of at least 12 weeks but less than 1 academic year
34884%—$50,509
2Cornell University
Ithaca, NYPrivate not-for-profitBachelor's
25795%$17,613$92,163
3University of Illinois Urbana - Champaign
Champaign, ILPublicBachelor'sPost-degree cert.
21585%—$55,934
4University of Florida
Gainesville, FLPublicBachelor'sMaster's
9291%—$49,371
5Ohio State University - Main Campus
Columbus, OHPublicBachelor'sDoctoralMaster's
6288%—$50,565
6Purdue University - Main Campus
West Lafayette, INPublicMaster'sBachelor'sAward of at least 12 weeks but less than 1 academic yearDoctoral
6183%—$52,804
7Texas Tech University
Lubbock, TXPublicBachelor's
5969%—$50,509
8Auburn University
Auburn, ALPublicBachelor'sMaster's
5282%—$50,936
9Kansas State University
Manhattan, KSPublicBachelor'sMaster'sDoctoral
4971%—$53,751
10University of Wisconsin - Madison
Madison, WIPublicAward of at least 12 weeks but less than 1 academic yearBachelor's
4390%—$49,868
11West Virginia University
Morgantown, WVPublicBachelor's
4265%—$37,779
12North Dakota State University - Main Campus
Fargo, NDPublicBachelor'sMaster's
3964%—$59,953
13University of Kentucky
Lexington, KYPublicBachelor'sDoctoralMaster's
3371%—$41,508
14Clemson University
Clemson, SCPublicBachelor'sMaster's
3387%—$49,714
15Lake Land College
Mattoon, ILPublicAssociate's
3158%——
16University of Nebraska - Lincoln
Lincoln, NEPublicBachelor's
2467%—$53,229
17Southern Illinois University - Carbondale
Carbondale, ILPublicBachelor'sMaster's
2362%—$40,194
18University of Maryland - College Park
College Park, MDPublicBachelor's
2389%—$53,081
19Colorado State University - Fort Collins
Fort Collins, COPublicBachelor's
2267%—$51,292
20University of Georgia
Athens, GAPublicBachelor's
2290%—$49,611
21Oklahoma State University - Main Campus
Stillwater, OKPublicMaster'sDoctoralBachelor's
2268%—$45,095
22University of Arkansas
Fayetteville, ARPublicMaster's
1871%—$54,783
23University of Connecticut
Storrs, CTPublicBachelor's
1883%—$45,435
24University of Idaho
Moscow, IDPublicAward of at least 12 weeks but less than 1 academic yearBachelor's
1757%—$48,338
25Virginia Polytechnic Institute and State University
Blacksburg, VAPublicMaster's
1486%—$48,557
26Fort Valley State University
Fort Valley, GAPublicBachelor's
1141%——
27Joliet Junior College
Joliet, ILPublicAssociate's
1021%——
28The University of Tennessee - Knoxville
Knoxville, TNPublicMaster's
974%——
29Alcorn State University
Alcorn State, MSPublicBachelor's
657%—$44,330
30Tarleton State University
Stephenville, TXPublicMaster's
648%—$45,097
31Central Lakes College - Brainerd
Brainerd, MNPublicAward of at least 1 but less than 2 academic years
553%——
32University of Missouri - Columbia
Columbia, MOPublicMaster's
575%—$58,335
33University of Puerto Rico - Mayaguez
Mayaguez, PRPublicMaster'sBachelor's
449%——
34University of Wyoming
Laramie, WYPublicMaster's
359%—$35,431
35Otero College
La Junta, COPublicAward of less than 12 weeks
238%——
36Huntington University
Huntington, INPrivate not-for-profitBachelor's
264%$13,056—
37Rutgers University - New Brunswick
New Brunswick, NJPublicMaster's
284%——
38University of the District of Columbia
Washington, DCPublicMaster's
133%——
39Brigham Young University - Idaho
Rexburg, IDPrivate not-for-profitBachelor's
155%$6,760$49,942
40North Iowa Area Community College
Mason City, IAPublicAssociate's
161%——
41Riverland Community College
Austin, MNPublicAward of at least 12 weeks but less than 1 academic year
152%——
42University of Minnesota - Twin Cities
Minneapolis, MNPublicBachelor's
185%—$53,160
43Missouri State University - Springfield
Springfield, MOPublicAward of at least 12 weeks but less than 1 academic year
158%—$43,585
44New Mexico State University - Main Campus
Las Cruces, NMPublicMaster's
155%—$41,268

* Median earnings 1 year after graduation for the broader Agricultural Business and Management field (CIP 01.01) at these institutions; College Scorecard does not publish earnings at the 6-digit level.

Offered in 32 states & territories

Where Agricultural Economics graduates come from. Each state links to all Agricultural Business and Management programs offered there.

StateInstitutionsGraduates / yrTop institution by graduates
Texas3413Texas A&M University - College Station348 / yr
Illinois4279University of Illinois Urbana - Champaign215 / yr
New York1257Cornell University257 / yr
Florida192University of Florida92 / yr
Indiana263Purdue University - Main Campus61 / yr
Ohio162Ohio State University - Main Campus62 / yr
Alabama152Auburn University52 / yr
Kansas149Kansas State University49 / yr
Wisconsin143University of Wisconsin - Madison43 / yr
West Virginia142West Virginia University42 / yr
North Dakota139North Dakota State University - Main Campus39 / yr
Georgia233University of Georgia22 / yr
Kentucky133University of Kentucky33 / yr
South Carolina133Clemson University33 / yr
Colorado224Colorado State University - Fort Collins22 / yr
Nebraska124University of Nebraska - Lincoln24 / yr
Maryland123University of Maryland - College Park23 / yr
Oklahoma122Oklahoma State University - Main Campus22 / yr
Idaho218University of Idaho17 / yr
Arkansas118University of Arkansas18 / yr
Connecticut118University of Connecticut18 / yr
Virginia114Virginia Polytechnic Institute and State University14 / yr
Tennessee19The University of Tennessee - Knoxville9 / yr
Minnesota37Central Lakes College - Brainerd5 / yr
Missouri26University of Missouri - Columbia5 / yr
Mississippi16Alcorn State University6 / yr
Puerto Rico14University of Puerto Rico - Mayaguez4 / yr
Wyoming13University of Wyoming3 / yr
New Jersey12Rutgers University - New Brunswick2 / yr
District of Columbia11University of the District of Columbia1 / yr
Iowa11North Iowa Area Community College1 / yr
New Mexico11New Mexico State University - Main Campus1 / yr

Careers & outlook

The payoff after graduation: occupation 19-3011, Economists, and its national outlook.

Graduates of Agricultural Economics can pursue careers as economists, postsecondary economics teachers, or agricultural sciences educators. The job outlook indicates little or no change in employment opportunities, with approximately 900 annual openings and a median wage of $115,440, typically requiring a master's degree.

Projected growth (2024–2034)
+1.2%
Little or no change
Openings / yr (US)
~900
BLS Employment Projections
US median wage
$115,440
typically Master's degree
National employment
17,790
Economists
US average pay
$142,130
annual, BLS OEWS May 2025
US median pay
$124,720
annual

Top-paying metros

New York-Newark-Jersey City, NY-NJ
$184,860avg
Washington-Arlington-Alexandria, DC-VA-MD-WV
$166,140avg
Durham-Chapel Hill, NC
$159,310avg
St. Louis, MO-IL
$156,690avg
Los Angeles-Long Beach-Anaheim, CA
$155,860avg

Career pathways for CIP 01.0103

The occupations the NCES crosswalk maps this 6-digit code to, with BLS pay and 10-year outlook.

OccupationUS median payGrowthOpenings / yrTypical entry education
Economistsprimary
SOC 19-3011
$124,720+1.2%
Little or no change
~900Master's degree
Economics Teachers, Postsecondary
SOC 25-1063
$123,920+2.1%
About as fast as average
~1,200Doctoral or professional degree
Agricultural Sciences Teachers, Postsecondary
SOC 25-1041
$98,700+4.1%
About as fast as average
~800Doctoral or professional degree
Preparation needed

Job Zone Five: Extensive Preparation Needed

Education
Most of these occupations require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).
Experience
Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.
Training
Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.

Related careers

Economists
$142,130 avg · 17,790 jobs
Economics Teachers, Postsecondary
$138,850 avg · 11,560 jobs
Agricultural Sciences Teachers, Postsecondary
$102,050 avg · 8,920 jobs

Skills & knowledge in Agricultural Economics programs

From the U.S. Dept. of Labor for the occupation this specialization most leads to.

Skills you'll build

Critical Thinking
Mathematics
Reading Comprehension
Speaking
Active Listening
Writing
Active Learning
Monitoring

Knowledge areas

Mathematics
Economics and Accounting
English Language
Computers and Electronics
Education and Training
Communications and Media

Abilities that matter most

Mathematical Reasoning
Inductive Reasoning
Written Comprehension
Deductive Reasoning
Oral Expression
Written Expression

Day-to-day work activities

Analyzing Data or Information
Working with Computers
Getting Information
Processing Information
Interpreting the Meaning of Information for Others
Updating and Using Relevant Knowledge

What graduates do on the job

  • Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.
  • Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
  • Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.
  • Explain economic impact of policies to the public.
  • Review documents written by others.
  • Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.

Tools and technology used

Aptech Systems GAUSSC++Camfit Data Limited MicrofitCorel QuattroProCorel WordPerfect Office SuiteEconometric Software LIMDEPESRI ArcViewEstima Regression Analysis of Time Series RATS

Other Agricultural Business and Management specializations

The 6 other 6-digit CIP codes under Agricultural Business and Management (CIP 01.01).

Common questions

What degrees can I earn in this program?+

You can earn a Bachelor's degree, Master's degree, Associate's degree, or a short-term award.

What skills will I develop?+

You will develop skills in critical thinking, mathematics, data analysis, and effective communication.

What careers can I pursue with this degree?+

You can become an economist, economics teacher, or agricultural sciences teacher.

What is the job outlook for graduates?+

The job outlook shows little or no change, with around 900 annual openings.

What is the CIP code for Agricultural Economics?+

Agricultural Economics is CIP 01.0103 in the NCES Classification of Instructional Programs (CIP 2020), a 6-digit specialization within Agricultural Business and Management (CIP 01.01). NCES defines it as: A program that focuses on the application of economics to the analysis of resource allocation, productivity, investment, and trends in the agricultural sector, both domestically and internationally. Includes instruction in economics and related subfields as well as applicable agricultural fields.

How many institutions offer Agricultural Economics programs?+

44 U.S. institutions reported Agricultural Economics graduates in IPEDS 2024–25, across 32 states & territories, awarding 1,691 credentials in the year. That is 19.1% of all Agricultural Business and Management graduates.

How much do Agricultural Economics graduates earn?+

Earnings are not published at the 6-digit CIP level by any federal source. The Economists occupation, which Agricultural Economics most directly leads to, pays a median of $124,720 a year nationally (BLS OEWS May 2025), and graduates of the broader Agricultural Business and Management field report median earnings of $49,942 one year after graduation (College Scorecard).

About the data on this page

Every figure comes from an official federal or public source. Here is each one and the release it is currently on.

IPEDSFall 2025–26 release, published July 28, 2026
Enrollment, completions, graduation rates, tuition, financial aid, staffing, and finance for every U.S. institution in federal student aid programs.
College ScorecardJune 10, 2026 release (merged 2025–26 files)
Institution and field-of-study costs, graduate earnings, debt, completion, and admissions outcomes compiled from federal aid records, tax data, and IPEDS.
BLS wages & outlookOEWS May 2025 release
Occupational employment and wage estimates plus 10-year job outlook, used to connect programs to real-world earnings.

Program definitions are from the NCES Classification of Instructional Programs (CIP 2020). Skills, knowledge, abilities, work activities, tools, and job zones are from the O*NET database by the U.S. Department of Labor, used under the CC BY 4.0 license.

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