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The department of Agricultural Economics and Rural Development focuses on research and teaching in the areas of agriculture, rural communities, natural resources and environment, as well as regional development. The Department of Agricultural Economics and Rural Development was established in 1997 through a consolidation of the Department of Agricultural Economics and the Department of Rural Adult Education. Due to the international agricultural trade liberalization and the outset of local self-governing, a new approach has become necessary with regards to the study of Agricultural Economics and Rural Developments in Korea. This integration has opened a new horizon and added new variety in interdisciplinary research and
teaching, both necessary for investigating modern socioeconomic problems such as food, natural resources, environment, and balanced regional development.

The department services two major fields to both undergraduate and graduate students, Agricultural Economics and Rural Development. The 1st year undergraduate students are required to take Principles of Economics, Introduction of Agricultural Economics and Regional Development, and Economical Mathematics as prerequisites. After the 1st year, depending on their major, students can take courses either in Agricultural Economics or in Regional Development. Students majoring in Agricultural Economics need to take Microeconomics, Macroeconomics, Agricultural Economics, and Quantitative Analysis in Agricultural Economics before taking core courses in the major. Students majoring in Agricultural Economics will get a bachelor's degree in Economics (majoring in Agricultural Economics). On the other hand, students majoring in Regional Development need to take Microeconomics, Macroeconomics, Agricultural Information System, Regional Development, and Regional Information System before taking core courses in the Regional Development major. Students majoring in Regional Development will get a bachelor's degree in Economics (majoring in Regional Development). The Department also offers two major fields (Agricultural Economics and Rural Development) for graduate students.