The distinctive characteristic of Agribusiness Management is its emphasis on the economics of food-system organization, strategy and institutions. Agribusiness faculty research focuses on organizational structure, entrepreneurship, innovation, information, strategy, finance and governance, contracting, collective action, and social capital.
The Agribusiness Management emphasis consists of core Ph.D. faculty, affiliated research centers, and outreach services. Centers and outreach services include the Contracting and Organizations Research Institute (CORI), the Economics & Management of Agrobiotechnology Center (EMAC), and the Graduate Institute of Cooperative Leadership (GICL), in cooperation with the Missouri Institute of Cooperatives (MIC).
The Ph.D. program is built around a strong core of neoclassical economics and new institutional economics. The Ph.D. core consists of two semesters of microeconomic theory, one semester of new institutional economics, one semester of econometrics, and one semester of research methods. In addition to the Ph.D. core, students are required to complete a two semester sequence in organization and network economics: AgEc 9510 Economics of Agribusiness Firms and AgEc 9520 Economics of Agribusiness Markets. This sequence covers such topics as transaction cost economics, economics of innovation and technology, corporate strategy, and network and information economics.
The core agribusiness curriculum is complemented by a menu of elective courses on current topics in agribusiness, including Logic of Collective Action, Economics of Transactions and Contracting, Econometrics of Agrifood Chains, Innovations in Agribusiness Coordination, Economics of Agrobiotechnology, Agribusiness Investment and Finance, Cooperatives in the Global Food System, Management of Technical Innovation.
The M.S. degree program provides students a flexible course of study and research that will prepare them for doctoral studies or professional careers. Students study economic theories and quantitative methods that allow them to analyze problems and issues facing agribusiness today and to research solutions for those complex challenges.
Financial assistance in the form of National Needs Fellowships, departmental and grant-funded research assistantships, and other opportunities are available to eligible students.
- Chris Boessen, Teaching Assistant Professor, Ph.D., University of Missouri-Columbia
- Fabio Chaddad, Assistant Professor, Ph.D., University of Missouri-Columbia
- Michael Cook, Professor, Ph.D., University of Wisconsin
- Harvey James, Associate Professor, Ph.D., Washington University in St. Louis
- Peter Klein, Associate Professor, Ph.D., University of California-Berkley
- Joe Parcell, Professor, Ph.D., Kansas State University
- Vern Pierce, Extension Associate Professor, Ph.D., University of Missouri-Columbia
- Michael Sykuta, Associate Professor, Ph.D., Washington University in St. Louis
- Randy Westgren, Professor, Ph.D., Purdue University
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