Agricultural Economics(Ph.d)

Admission Requirements

Candidates seeking admission into the Doctor of Philosophy Degree programme in Agricultural Economics must have any of the following qualifications from recognized institutions:

  1.  Masters degree in Agricultural Economics or related discipline with a minimum CGPA of 3.50 or minimum score of 60%.

 Duration of Doctor of Philosophy Degree Programme

  1. The Full-time Doctor of Philosophy Degree programme shall run for a minimum duration of six  (6) semester and maximum of ten (10) semester
  2. The Part-time Doctor of philosophy Degree programme shall run for a minimum duration of eight (8) semesters and maximum of twelve (12) semesters.

Course Synopses for the Doctor of Philosophy Degree in Agricultural Economics

 AEE 911      Applied Econometrics 3 Credit Units

The general linear model and problems associated with its use in Econometric research in Agriculture. Errors in variables, auto-correlation and miscellaneous single-equation problems, the theory of simultaneous equation approach, model construction and estimating techniques in agriculture.

 AEP 912      Applied Production Economics 3 Credit Units

Advanced treatment of production functions in agribusiness ventures, application of linear programming to farm production problems, recursive programming. Return to scale and farm size. Time factor, rewards and resource allocation. Decision making under imperfect knowledge, agricultural supply and demand functions.

AEE 913      Advanced Farm Management 3 Credit Units

Advanced treatment of management concepts, farm decision making, farm planning methods,  risk and uncertainty in agriculture; investment analysis; current issues in farm management development.

 AEE 921      Agricultural Marketing 3 Credit Units

The role of agricultural marketing in economic development, international aspects of agricultural marketing. The measurement and use of various types of elasticities, methodology in price analysis. Application of economic theory to analysis of market structure and its impact on conduct and performance of the agricultural industry in relation to the other sectors of the economy. Evaluation of the effects of current public policies and arrangements under which the marketing system operates in agriculture.

 AEF 915      Agricultural Credit and Rural Finance 3 Credit Units

A survey of the place of credit and rural finance in agricultural development. Credit targeting and loan portfolio regulations and rural development strategies.

 AEE 914      Agricultural Development Policy 3 Credit Units

Analysis of policy processes, theoretical and empirical treatment of relationship between goals and programmes in agriculture. Effect of policies on volume and location of output, price and income in the Nigerian economy. Role of beliefs and value in structuring agricultural policies. Economic framework for analysis of agricultural policies. The process of policy formation in agriculture.

 AEE 922 Monitoring, Evaluation and Management of Agricultural Projects 3 Credit Units

Survey of Comparative Agricultural Environments, Purchasing, Handling and inventory management, Valuing project contributions, Government policies, Services, Regulations and implications of non-compliance.

 AEE 923      Rapid Rural Appraisal and Community Development 3 Credit Units

The philosophy, scope and techniques of rapid rural appraisal, methods, extension communication and community development, implications of rapid rural development in agricultural development. Emphasis on application of different tools of the trade of the trade of decision making.

 AEE 924      Agricultural Data Systems and Processes 3 Credit Units

Economics and other characteristics of modern agricultural data gathering and storage processes. Relationship between agro-industrial structure, business conduct and data base and data bank. Evaluation of data processing performance.

AEE 926      International Trade in Agricultural Commodities 3 Credit Units

The concept of comparative advantage, terms of trade, international regional specialization and balance of payments. Analysis of price trend, volume and composition of trade of major agricultural commodities. Tariffs and other restriction to world trade in agricultural commodities. Effects of major regional grouping on world trade in agricultural commodities.