Department of Agricultural Economics

OPERATIONAL OBJECTIVES

The Operational Objectives focus on how we deliver our programs though research, teaching, and extension education and outreach. They include the University-related issues of diversity (student, faculty and staff), internationalization (student, faculty and staff), and information technology.

1.  Develop discipline-based solutions to research problems while maintaining a strong customer-driven applied economics research.

  • Develop fund-raising campaigns to endow core research functions in the Department.
  • Provide incentives to produce peer-reviewed published output from research activities of all faculty.
  • Strengthen emphasis in graduate education on importance of contributing to the published literature of the profession.
  • Use the Internet and other techniques to disseminate research to key decision-makers in the emerging vertically linked food and agribusiness system.
  • Strengthen partnerships with other Texas A&M programs and Centers through which clients in relevant emerging areas can be identified and new linkages established (i.e. Bush School, IFSE).
2.  Elevate the stature of the Department's graduate programs to the top ten among all institutions granting similar degrees.
  • Recruit more effectively for top prospects by developing a permanent source of funding for incoming graduate students.
  • Develop and support graduate curricula within each graduate degree plan that will provide students with a common body of knowledge and cutting-edge knowledge in their selected areas of specialization.
  • Identify and strengthen areas of specialization that are strategic to the Department's growth and success.
3.  Manage enrollment and respond to demand for service courses to enhance the quality of the Department's undergraduate teaching programs.
  • Obtain additional resources for the undergraduate teaching program to maintain status as one of the top ten undergraduate programs in the United States.
  • Increase the enrollment of minority students in Agricultural Economics and Agribusiness majors.
  • Provide high-quality management, decision-making education to COALS majors in marketing, finance, and management.
  • Expand internship programs to include broader student and industry participation.
  • Survey former students to evaluate current educational programs and plan future degree programs.
  • Develop entrepreneurship emphasis area.
4.  Enhance core extension programs and develop new programs to more effectively respond to the needs in agricultural producers, agribusinesses, food and fiber industries, and communities.
  • Enhance core programs in marketing and risk management, executive education, state policy analysis, and firm-level management information systems and decision support systems.
    • Sustain the Master Marketer Program and increase support of Marketing Clubs.
  • Develop new programs to reach producers and agribusinesses involved in the vertical coordination of food and fiber system with new skills needed in contract evaluation and negotiation.
  • Expand capabilities in the areas of distance education and information access.
    • Interactive Internet delivery of subject matter must be available to remain competitive in the education delivery market.
    • Develop education programs for customers to use information technology.
5.  Integrate international dimensions into the Department's programs by fostering a supportive institutional environment.
  • Educate Texas policy makers on the importance of international agricultural forces and factors impacting the Texas economy, its agricultural sector, and Texas communities.
  • Expand the international dimensions of undergraduate, graduate, research, and extension programs.
  • Create an institutional environment of incentives, policies, and infrastructure to encourage faculty to develop and participate in international activities at Texas A&M and in other countries.
  • Become the premiere resource on Latin American agricultural economics, trade, and policy and focus graduate student recruiting in Latin American countries.
6.  Design the Department's administrative structure to enable the organizational agility needed for excellence.
  • Emphasize human resource management.
    • Attract and retain top talent as a high priority.
    • Develop the skills and knowledge of employees.
    • Provide appropriate incentives to develop programs and attract funding.
    • Meet the challenges of managing a diverse workforce.
  • Use technology to expand capabilities and increase effectiveness.
    • Develop an investment strategy for obtaining computer hardware and software and for training and maintaining these systems.
    • Assure effective use of technology by offering continuing training programs.
  • Change the name of the Department to more effectively communicate the breadth of its mission. Proposed new name is Agricultural Economics and Agribusiness.
Background and Justification: Changing the name of the Department would express this broader vision for the Department and more effectively communicate it to others. It would communicate to our potential customers what we have to offer.