Agriculture plays a crucial role in the South African economy, supplying food, fibre, fertilizers and fuel products for local and export markets. Agricultural economics involves studying these markets to optimise and advise the stakeholders in farming activities.
Agricultural economists work mainly in an office environment and could also spend some time in client environments like farms, production or processing plants when consulting and advising farmers and other stakeholders in the agricultural sector.
Agricultural economists must have a comprehensive knowledge of economic trends, patterns, practices and policies related to agriculture, and will additionally benefit from:
Advise on the production, manufacturing and distribution of agricultural products, policy and costs
Conduct research related to agricultural markets
Analyse economic patterns and trends and identify opportunities for agricultural development
Develop costing models for the efficient use of resources
B.Agric., B.Agric. (Hons), M.Agric. in Agricultural Economics at UFH and UFS
B.Com., B.Com. (Hons), M.Com. in Agricultural Economics at NWU and UP
B.Sc.Agric., B.Sc.Agric.(Hons), M.Sc.Agric. in Agricultural Economics at NWU, SU, UFH, UFS, UKZN, Univen and UP
National, provincial and local government.
Financial and banking institutions.
NGOs, community-based and development organisations and private consultancies.
Various organisations along the agriculture value chain.