Students develop and use economic data and models to analyze and understand a wide range of issues—including environmental problems, world hunger, energy and climate change, business economics and finance, economic development, globalization and trade, biotechnology, land-use management, and community development. Course subjects include economics, environmental economics, managerial economics, financial management, commodities and futures markets, the global economy, development in Latin America, Africa, and Asia, cooperatives, international trade, pollution, and regulation. Students acquire the necessary skills to pursue a rewarding career in consulting, government, business, or international organizations, or a graduate degree in economics, public policy, business or law.
Other major requirements are: ECON 301 and ECON 302, A A E 500 (a “capstone” course), and a minimum of 15 additional credits in AAE courses. Students may select an area of concentration within the major from four choices: Applied Economics, Development Economics, Environmental Economics or Managerial Economics. These 15 credits are selected by the student with the assistance of an advisor and must be at the 200 level or above (does not include A A E 215, A A E 299 or A A E 500).
Students completing the agricultural and applied economics major are awarded the bachelor of science degree.
To declare this major, students must be admitted to UW–Madison and the College of Agricultural and Life Sciences (CALS). For information about becoming a CALS first-year or transfer student, see Entering the College.
Students who attend Student Orientation, Advising, and Registration (SOAR) with the College of Agricultural and Life Sciences have the option to declare this major at SOAR. Students may otherwise declare after they have begun their undergraduate studies. For more information, contact the advisor listed under the Advising and Careers tab.
University General Education Requirements
All undergraduate students at the University of Wisconsin–Madison are required to fulfill a minimum set of common university general education requirements to ensure that every graduate acquires the essential core of an undergraduate education. This core establishes a foundation for living a productive life, being a citizen of the world, appreciating aesthetic values, and engaging in lifelong learning in a continually changing world. Various schools and colleges will have requirements in addition to the requirements listed below. Consult your advisor for assistance, as needed. For additional information, see the university Undergraduate General Education Requirements section of the Guide.
|General Education|| |
* The mortarboard symbol appears before the title of any course that fulfills one of the Communication Part A or Part B, Ethnic Studies, or Quantitative Reasoning Part A or Part B requirements.
College of Agricultural and Life Sciences Requirements
In addition to the University General Education Requirements, all undergraduate students in CALS must satisfy a set of college and major requirements. Specific requirements for all majors in the college and other information on academic matters can be obtained from the Office of Academic Affairs, College of Agricultural and Life Sciences, 116 Agricultural Hall, 1450 Linden Drive, Madison, WI 53706; 608-262-3003. Academic departments and advisors also have information on requirements. Courses may not double count within university requirements (General Education and Breadth) or within college requirements (First-Year Seminar, International Studies and Science), but courses counted toward university requirements may also be used to satisfy a college and/or a major requirement; similarly, courses counted toward college requirements may also be used to satisfy a university and/or a major requirement.
College Requirements for all CALS B.S. Degree Programs
|Quality of Work: Students must maintain a minimum cumulative grade point average of 2.000 to remain in good standing and be eligible for graduation.|
|Residency: Students must complete 30 degree credits in residence at UW–Madison after earning 86 credits toward their undergraduate degree.|
|First Year Seminar||1|
|Physical Science Fundamentals||4-5|
|General Chemistry I|
or CHEM 108
|Chemistry in Our World|
or CHEM 109
|Advanced General Chemistry|
|Additional Science (Biological, Physical, or Natural)||3|
|Science Breadth (Biological, Physical, Natural, or Social)||3|
|CALS Capstone Learning Experience: included in the requirements for each CALS major (see "Major Requirements")|
|Mathematics and Statistics|
|This major requires calculus. Prerequisites may need to be taken before enrollment in calculus.|
|Select one of the following:||5|
|Calculus with Algebra and Trigonometry II|
|Calculus and Analytic Geometry 1|
|Select one of the following:||3-6|
|Statistics: Measurement in Economics|
|Introduction to Statistical Methods|
|Introductory Applied Statistics for Engineers|
|Introductory Applied Statistics for the Life Sciences|
|Basic Statistics for Psychology|
|Statistics for Sociologists I|
| Business Analytics I|
and Business Analytics II
|A A E 215||Introduction to Agricultural and Applied Economics 1||3|
|or ECON 101||Principles of Microeconomics|
|ECON 102||Principles of Macroeconomics||3-4|
|ECON 301||Intermediate Microeconomic Theory||4|
|or ECON 311||Intermediate Microeconomic Theory - Advanced Treatment|
|ECON 302||Intermediate Macroeconomic Theory||4|
|or ECON 312||Intermediate Macroeconomic Theory - Advanced Treatment|
|Concentrations within the Major|
|Select one of the following:||15|
|A A E 500||Senior Capstone Experience||3|
A A E 215 Introduction to Agricultural and Applied Economics only carries QR-B credit if taken fall 2011 or later.
Concentrations within the Major
|AAE courses, 200 level and above 1||15|
|A A E/INTL ST 374||The Growth and Development of Nations in the Global Economy||3|
|A A E/ECON 474||Economic Problems of Developing Areas||3|
|Select one of the following:||3|
|Globalization, Poverty and Development|
|Latin American Economic Development|
|Economic Growth and Development in Southeast Asia|
|Agricultural and Economic Development in Africa|
|AAE courses, 200 level and above 1||6|
|A A E/ENVIR ST 244||The Environment and the Global Economy||3|
|A A E/ECON/ENVIR ST 343||Environmental Economics||4|
|Select one of the following:||3|
|Climate Change Economics and Policy|
|Natural Resource Economics|
|AAE courses, 200 level and above 1||5|
|A A E 320||Farming Systems Management||3|
|A A E 322||Commodity Markets||3|
|A A E 419||Agricultural Finance||3|
|AAE courses, 200 level and above 1||6|
University Degree Requirements
|Total Degree||To receive a bachelor's degree from UW–Madison, students must earn a minimum of 120 degree credits. The requirements for some programs may exceed 120 degree credits. Students should consult with their college or department advisor for information on specific credit requirements.|
|Residency||Degree candidates are required to earn a minimum of 30 credits in residence at UW–Madison. "In residence" means on the UW–Madison campus with an undergraduate degree classification. “In residence” credit also includes UW–Madison courses offered in distance or online formats and credits earned in UW–Madison Study Abroad/Study Away programs.|
|Quality of Work||Undergraduate students must maintain the minimum grade point average specified by the school, college, or academic program to remain in good academic standing. Students whose academic performance drops below these minimum thresholds will be placed on academic probation.|
- Use economic concepts to better understand real-world problems.
- Use appropriate quantitative techniques to analyze economic problems.
- Use computer systems to effectively analyze economic problems.
- Communicate results effectively in writing.
- Communicate results effectively orally.
- Think critically about economic issues.
- Contribute to public policy debates.
Sample Agricultural & Applied Economics Four-Year Plan
|MATH 211 or 2211||5||COMM B||3|
|COMM A2||3||Chemistry Course||4-5|
|A A E 215 or ECON 1013||3-4||CALS Science Requirement||3|
|First Year Seminar||1||Electives4||6|
|Total Credits 28-30|
|ECON 102||3||ECON 301||4|
|Statistics Course||3||AAE Elective||3|
|CALS Science Requirement||5||Electives||9|
|Total Credits 31|
|Concentration Courses||6||Concentration Courses||3|
|Total Credits 31|
|Concentration Courses||6||Capstone Course||3|
|Total Credits 30|
Students must complete MATH 211 or MATH 217 or MATH 221. Students may satisfy the required level of math proficiency through the math placement exam. On the other hand, this level of competence may require as many as three semesters of coursework in mathematics.
The communications requirement includes Communication Parts A & B. Completing this requirement early will help the students with written and oral assignments in future courses.
Students should complete the basic courses in economics early in their programs so that they can have greater choice in courses in the major.
Students should choose electives that satisfy one of the UW requirements (ethnic studies or social sciences or humanities) or the college requirements. See Requirements tab for details.
For more information or to declare a major in agricultural and applied economics, contact:
Undergraduate Student Services
Department of Agricultural and Applied Economics
University of Wisconsin–Madison
424 Taylor Hall
427 Lorch Street
Madison, WI 53706
Provencher, R. William