Statement of Purpose
My earliest exposure to economics came from my dad, a logistics manager. The interesting stories he told me from his work stimulated my youthful sense of curiosity and passion on economics. At the same time, I observed the antiquated and ineffective technology they use to make decisions and hoped that one day I could be able to tackle the problems. The first Agricultural Economics class I took at Purdue was Microeconomics for Food and Agribusiness, by Dr. Frank Dooley. His heuristic teaching style and the fabulous content brought me to the world of agricultural economics. I found that enormous principles in life can be explained through these basic economics concepts, such as the diminishing utility and opportunity cost. Agricultural economics has truly broadened my horizon. Applied Econometrics, by Dr. James Eales, quickly heightened my interest due to the combination of math; statistics with economics were used to prove theories, in which I found stronger and great sense to me. My attentiveness of math reflected by taking part in Mathematical Olympiad classes with high scores for six years acted as a stepping stone for econometrics study. Therefore, I doubled major in Applied Agricultural Economics, which means I must double my efforts to study than others. And I did with great grades on all the Agricultural Economics courses, and with a minor in Food and Agribusiness Management. I appreciate my horticultural background as a great support for my research in Agricultural Economics since I know the crops’ biological features and production cycles intimately.
My research interest got specific during the study of Agricultural Prices and Techniques for Firm Decision. I surveyed a simulated product, a one-time on...
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...nesses. I read meticulously but slowly, which makes it hard to get points during the tense Verbal test with limited time. I am willing to give myself ample time to complete my reading. As an undergraduate, I was still a successful student despite being a slower reader and I do not believe it will hinder my success in graduate school.
All in all, with my personality and academic abilities, I believe my interest in Agricultural Economics area can make me suitable and very dedicated in the coming research life. If I get admitted into the program, I will choose the thesis option and master deeper and more professional knowledge. After getting my master’s degree, I hope to pursue a doctoral degree to prepare me as a professor or researcher after my schooling. I highly appreciate your kind consideration of my application and it will be a significant milestone in my life.
Even though some people think modernizing is the key to a successful economy in the future, it doesn't mean that the farming industry should be reduced to the back burner when thinking about what is contributing to the ever-growing economy. My point here that agriculture is vital to America’s economy and should not altered should interest those who live in farming communities. Beyond this limited audience, however, my point should speak to anyone who cares about the larger issue of making sure agriculture is seen as an important asset that benefits citizens and other industries that utilize the products that are
The experiment that was performed consisted of prices being manipulated on a set of 72 grocery products over a six week period. The products were classified as stock-up goods or non stock-up goods.
this notion of stable supply and demand affected prices of farm commodities. “Low prices on
An interest in business and agricultural studies has always taken some form throughout my life, whether it was running a farm in seventh grade, building a mentoring program during freshmen year or acting as the treasurer for National Honors Society. At first I was learning to grow a variety of fruits and vegetables and then determining how to sell them in order to achieve a net profit. Later I studied how to successfully construct a budget for a new mentoring class at our school and this year I have studied the complex theories of economics and management taking place on a worldwide scale. These experiences have built my passion for Applied Economics and Management at Cornell’s College of Agriculture and Sciences. This specific college has the classes and professors that demonstrate the same interests I am looking for in college. Although I have already gained a great amount of business knowledge, my studies have also taught me about the endless approaches and lenses in which you can view a business problem. Whether it be to delve into the mind of the consumer and understand what mak...
This highlights that a core principal of economics is the decisions and choices to be made in order to manage limited resources. Furthermore, that microeconomics pertains to the behaviours that affect these decisions and choices made at an individual level. As demonstrated by the avocado industry recently, motives and variable factors for increases/decreases in supply and demand will not always be transparent to the consumer. Therefore, to have an understanding of the concepts of microeconomics and the market can elucidate the individual consumer’s decision making rationale rather than making
In the 1980s, many farmers in the Midwest were running out of business rapidly and found that they could not stay in the agriculture indust...
After working non-stop for seven years, I value academics a lot more today than I did as a student. The biggest motivation for my application is a genuine interest to learn the studies offered by TU Bergakademie Freiberg. I like taking initiatives and foresee myself as a pro-active student, prepared to ask questions and also put in the hard work necessary, not just to excel in academic, but to make the most of what is offered by the program.
My whole life I have never been the greatest at reading, but I have always tried to improve and push myself to do better. Reading and writing areis twoone of the needs of daily life. With that being said, you can conclude that I have always struggled. My problem was I always read too fast through the books or writing prompts, and I never remembered what I had read. But, with help I overcame my problems and started getting better at reading and writing.
Agriscience education has grown tremendously in the past few years, let alone few hundred. I knew that I had knowledge of the topic, growing up on a farm and being in FFA, but college has really helped expand my understanding. My attitude has always been positive, and continues to be so, but is now more aware of the diversity in agriscience education. My beliefs have only developed, just as agriculture has. Overall, I am so excited to see how the next few years will mature my knowledge, attitude, and beliefs about agriscience education.
I hope to challenge my students to consider the issues in marketing such as the concentration of market power, the disappearance public price discovery, unequal distribution of market information, and government involvement. Students should have a general understanding of how the food they purchase at the grocery store is priced. They will also need to understand why that price may be extremely different from the price they get when they sell their grain or livestock. I firmly believe that possessing the skills to understand and perform a market analysis can greatly improve one’s success in the agriculture industry. As an agricultural teacher, I hope to equip my students with these skills so that they might be able use the market system appropriately and help make it more fair for producers and consumers around the
The current version of today’s farming has supported and improved the economy of the US. Farming has not failed our country yet. One milestone of farming has been the evolution of machinery. Since farming was invented, new inventions and tools have been modified. One of the biggest milestones for farming is commercial farming. Commercial farming has provided more. Commercial farming has resulted in more crops being produced. Crops are being listed for higher prices. For example, one bushel of corn in 1954 was only about $1.50, and by 2014 the price rose all the way to almost $8! Crops cost more than ever before because they are better quality. Another milestone for farming has been a farmer’s income. Crops are being sold for more, which has resulted in farmers being paid more. In 1866 farmers were paid only $26.87 each month. Then, in 1920 their income increased to $64.95. Finally, today in the 2000’s the average income per year for a farmer is $41,555. New machinery is starting to replace the need for farmers. But all together, commercial farming still changes the way farmers are paid for their hard work, and improves the quality of food for
In today's world, economics associated disciplines are of fundamental significance and application and this has encouraged me to pursue a degree in Economics. Economics has an important relevance in all of our lives. As consumers we try to make the best of our limited incomes. As workers we take our place in the job market. As citizens of a country our lives are affected by the decisions of our government: decisions over taxes, decisions over spending on health and education, decisions on interest rates, decisions that affect unemployment, inflation and growth. As dwellers on the planet Earth we are affected by the economic decisions of each other: the air we breathe, the water we drink and the environment we leave for future generations are all affected by the economic decisions taken by the human race. It is these stimulating issues that excite me about economics. I enjoy studying Economics enormously and believe my passionate interest in economics is continually strengthened by my regular reading of 'The Economist'
People have depended on agriculture for years as the primary source of getting food. We have developed all kinds of ways to manipulate nature so what we can produce higher yield crops, more nutritious crops, bigger crops, crops that withstand cold, and farming equipment that allows us to manufacture these crops with relative ease. Why then are there five billion people being malnourished and forty thousand children dying each day from hunger? It seems as though world hunger is more a result of the lack of distributing the food properly than the lack of quantity. agriculture has turned into a high profit business and biotech companies like Monsanto are constantly trying to come up with better and more efficient ways of farming. Are they doing this to try to solve the world hunger crisis, or merely to make a profit?
Being an agricultural engineer, you have to apply knowledge of engineering technology and biological science to agriculture (“Agricultural Engineers careers” para.1). You are able to discuss plans with the clients, contractors, and consultants (“Agricultural Engineers” What’s para.3). At the job you will prepare reports, working drawing, specification proposals, and have to make budgets for proposed sites or system (“Agricultural Engineers” What’s para.3). If you work as one often you must be able to address problems that may occur or come up in a short period of time (“Agricultural Engineers” U.S. para. 15). Often you would have to handle loads up to 10 lbs (“Agricultural Engineers” What’s para. 4). They design ag. machinery, components and equipment using computer- aided design technology (“Agricultural Engineers” U.S. para.9). They test machinery and equipment to see if it works properly (“Agricultural Engineers” U.S. para. 9). They are going to apply technological advances to farming, they are making farming equipment with GPS (“Agricultural Engineers” U.S. para.10). Agricultural engineers can work on high tech applications to grow products, water resource management and, also on alternative energies (“Agricultural Engineers” U.S. para.5). They try to house animals, comfort them, make them healthy, and even monitor productivity. They give advice on water qualities (“Agricultural Engineers” U.S. para.9). They provide water quality issues related to managing pollution controlling rivers, and using other water resources. They should be able to supervise environmental and land projects (“Agricultural Engineers” U.S. para.9). Agricultural Engineers work varieties of activities which are aquaculture, raising food such as fish tha...
The development of more sustainable means of agriculture not only plays an important role but also requires the development of large quantities of essential food under the most demanding conditions .When the science technology is strongly developing,the agricultural has increasingly expanded, modernization for the need of food. In the developed countries like United States, England, Australia, and Japan,etc, they have the best agricultural education and have a developed agriculture. Agriculture engineers must have a bachelor’s degree or have a master’s or doctor degree to move forward to higher positions, and get well pay because they might work overtime a lots. Besides, the US government also provides agriculture engineers with effective agricultural support policies, with special attention to the sustainability of the agricultural workforce.