Agricultural economics can broadly be defined as the study of how limited resources can be utilised to feed an ever-increasing world population. Agricultural economists are therefore concerned with the economic and financial issues related to farming, agricultural food chains and the price of food on the shelf. The sub disciplines of this study field include marketing, financial management, economics, business management, policy formulation and accounting.
Students are introduced to the above-mentioned sub disciplines, but there is also a strong focus on agriculture and food. To ensure that economic and financial issues in the agricultural milieu make more sense, students also have to register for agricultural sciences subjects, such as soil science, plant production and animal science. This develops business acumen in agricultural economics and graduates’ understanding of the financial and technical aspects of food production and value chains.
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Minimum required score:
The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.Schedule TOEFL®
Minimum required score:
The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.
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