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Abstract

Departments of agricultural economics face a changing environment. Some argue for the adoption of the Master of Agribusiness degree. I argue that agribusiness in not well differentiated from agricultural economics and that the forte of agricultural economics departments is teaching applied economics, not teaching management. Furthermore, in today's dynamic, open economy, a good understanding of economics is more valuable than ever before. Rather than leave our area of strength, we should look to improve our current degree programs given today's business needs.

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