Structure, content and study tracks

The scope of the Master's Programme in Agricultural, Environmental and Resource Economics (AGERE) is 120 ECTS credits. It comprises two study tracks: Agricultural Economics and Environmental and Resource Economics. The courses taught by experienced teachers and active researchers are built on the most recent research findings.
Structure of the programme

 The scope of the studies is 120 ECTS credits, including both field-specific advanced studies and optional studies in the field or from other degree programmes. 

This page includes more information on the field-specific advanced studies according to the chosen study track.

You can also explore the degree structure, content and learning outcomes from the level of the degree programme to individual courses in the Studies service.

Two study tracks

The Master's programme comprises two study tracks, and you select your study track when applying:

1. Agricultural Economics

As a graduate of the study track in agricultural economics, you will have the ability to:

  • Expertise in business management and economics with knowledge of the special features of agriculture, rural enterprises, the food market and related policies.
  • Apply economic and management theories and appropriate methodologies, such as econometrics, numerical modelling to issues in the field

2. Environmental and Resource Economics

As a graduate of the study track in Environmental and Resource Economics, you will have the ability to:

  • Identify the socio-economic drivers of natural resource use and environmental degradation
  • Analyse the effects of policies on the environment and on natural resource usage
  • Formulate recommendations to support decision-making in both the public and private sectors
  • Apply microeconomic theory and quantitative methods (econometrics, analytical and numerical dynamic modelling, and game theory)

In this study track, it is also possible to follow a Research Track which prepares you for postgraduate studies and a research career.

Upon graduating, you will be a professional in applied economics in agricultural, environmental and resource-focused fields.
Ag­ri­cul­tural Eco­nom­ics study track

Through state-of-the-art studies in Agricultural Economics, you will learn to apply theories and empirical methods to analyze the economics and management of agricultural and rural enterprises. You will understand the operation of agri-food markets, gain the ability to assess agricultural and food policies, and develop expertise in the analysis of global food systems. You will also learn to understand the basics of entrepreneurial thinking and the foundations of social scientific entrepreneurship research.

The studies include practice-oriented assignments that will develop your decision-making and career skills. The programme will also give you the self-confidence to put theoretical knowledge into practice.

The structure of the studies consists of three parts, or core modules:

  1. at least one 15 credit core module out of three alternative 
  2. one 15 credit core module AGERE Methods;
  3. one 15 credit thematic module AGERE Module.

Part 1 comprises at least one of the following 15 credit modules: Agricultural Markets and Policy, Production Economics and Farm Management or Entrepreneurship. Part 2, the core module on methods, can be compiled through various methodological courses. Part 3 finally is a 15 credit thematic module on Agricultural Economics and Environmental and Resource Economics. You can include and combine to this study module all the other AGE and ERE Study track module courses, which you have not already chosen in the other Study track modules The studies encompass a practical training period and seminars, and they can include career orientation and career planning. The Master’s Thesis project will enable you to apply and develop your theoretical and methodological skills. It develops your abilities in scientific thinking and project management and will serve as a good reference for your future career.

Study structure of Agricultural Economics (small changes are possible)

Structure Module (choose one of AGE I-III) Courses (5 credits each)

Master's Thesis and

Master's Thesis Seminar (35 credits)

   
Core Module (15 credits) AGE I Agricultural Markets and Policy

Price Analysis and Market Structure of the Agrifood Supply Chain 

Agricultural and Food Policy Analysis

International Agricultural Trade and Trade Theory

Core Module (15 credits) AGE II Production Economics and Farm
Management

Risk Management in Agriculture

Production and Cost Theory

Theories and Applications in Strategic Management

Core Module (15 credits) AGE III Entrepreneurship (in Finnish)

Sustainable entrepreneurship

Rural entrepreneurship

Sustainable financing

Master level courses in entrepreneurship, marketing, management, co-operation studies or accounting

Thematic Module (15 credits) AGERE Module Courses both from Agricultural Economics and Environmental and Resource Economics
Core Module (15 credits) AGERE Methods

Course examples: Cost-Benefit Analysis; Economic valuation methods; Valuation;

General Equilibrium Modeling; Applied Linear Programming; more method courses in curriculum ,

Other studies (25 credits)   Course examples: Project Course; Internship; Academic Writing
En­vir­on­mental and Re­source Eco­nom­ics study track

You will develop a state-of-the-art expertise in environmental and natural resource economics. The wide selection of courses offered in the study track will give you the tools to solve key challenges in environmental and resource management and policy. Most of the courses are divided into modules. The core modules are Environmental Economics, Natural Resource Economics and Methods. In addition to these modules, you will study a thematic module with the purpose of applying the learned theory and methods to real-world problems. You have also the freedom to choose optional studies. For instance, your professional skills and networks will develop further through the optional Project Course or during your possible internship either in Finland or abroad.

For your Master's Thesis, you research and analyse a significant topic on environmental and resource economics, which can be either policy or theory-orientated. You can write your thesis in connection with a larger research project, in collaboration with companies and public institutions, or independently.

In your studies, you have the opportunity to follow our Research Track. In this track. you will take extended studies in the above subjects, which will prepare you for postgraduate studies and a career in research.

Study structure of Environmental and Resource Economics (small changes are possible)

Structure Module Courses (5 credits each)

Master's Thesis and

Master's Thesis Seminar (35 credits)

   
Core Module (15 credits) ERE I Environmental Economics

Environmental Economics I: Theory

Environmental Economics II: Mechanisms

Solving environmental problems with data

Core Module (15 credits) ERE II Natural Resource Economics

Advanced Natural Resource Economics

Introduction to Dynamic Optimization

Economics of Aquatic Resources: Numerical Models

Core Module (15 credits) AGERE Methods Course examples: Cost-Benefit Analysis; Economic valuation methods;  General Equilibrium Modeling; Applied Linear Programming;  more method courses in curriculum
Thematic Module (15 credits)

 

 

Course examples: 

Economics and governance of marine resources

Risk Management in Agriculture; Economics of Aquatic Resources: Numerical Models;

Introduction to Dynamic Optimization; courses by visiting foreign lecturers

Other studies (25 credits)   Course examples: Project Course; Internship; Academic Writing

Research Track: If you choose the Research Master track, then the Research Master courses substitute the Methods and Theories module. In this track, the Core Module courses will include PhD level exercises, which give you a total of 15 additional credits to be used for PhD studies.

 

More about the programme