You are reading the 2024/25 Academic Calendar. The 2023/24 version remains in effect until August 31, 2024 and is available here.

Food and Resource Economics, Faculty of Land and Food Systems

FRE: Food and Resource Economics


  1. FRE 290 (3) Introductory Topics in Food and Resource Economics

    Analysis and interpretation of current issues in food and resource economics. Topics will vary from year to year.

    Prerequisite: One of ECON 101, ECON 310.

  2. FRE 295 (3) Managerial Economics

    Economic foundations of managerial decision-making. Organization of the firm, demand theory, cost and production, market structure, competitive strategy, welfare-economic foundations of business regulation. Credit may be obtained for only one of ECON 301, ECON 304, COMM 295.

    Prerequisite: All of ECON 101, ECON 102 and one of MATH 100, MATH 105, MATH 110, MATH 180.

  3. FRE 302 (3) Small Business Management in Agri-food Industries

    Emphasizes the building of a business plan by exploring topics such as the planning process and financing, marketing and human resource concepts, as applied to an agri-food business, domestically and internationally. [3-0-1]

    Prerequisite: One of ECON 101, ECON 310.

  4. FRE 306 (3) Introduction to Global Food Markets

    An overview of global food markets including recent trends (e.g., vertical coordination, strategic alliances, multinationals and small firms in niche markets), marketing and trade institutions such as state-trading enterprises and WTO regulations, issues specific to developing nations, and case studies. [3-0-1]

    Prerequisite: One of ECON 101, ECON 310.

  5. FRE 326 (3) Empirical Methods for Food and Resource Economics

    Introduction to empirical methods with applications for problems in food and resource economics; standard linear regression and methods to address data deficiencies; interpretation of regression results for forecasting and policy analysis. This course is not eligible for Credit/D/Fail grading.

    Prerequisite: One of LFS 252, STAT 200, BIOL 300.

  6. FRE 340 (3) International Agricultural Development

    Characteristics, processes and sources of economic growth, role of agricultural and resource sectors in economic growth, analysis of output and input markets in those sectors, policy failures, tools for empirical analysis of rural markets, growth, and the environment.

    Prerequisite: One of ECON 101, ECON 310.

  7. FRE 374 (3) Land and Resource Economics

    Willingness to pay, opportunity costs, externalities, and market failures in natural resource markets; dynamic efficiency; economic applications including mineral, marine, forest, land, water, and biodiversity. [3-0]

    Prerequisite: One of ECON 101, ECON 310.

    Equivalency: ECON 374.

  8. FRE 385 (3) Quantitative Methods for Business and Resource Management

    Spreadsheet modeling and analysis of business and resource management problems: decision analysis, forecasting, linear programming, simulation modeling, and inventory management. [2-1-0]

    Prerequisite: One of ECON 101, ECON 310 and one of LFS 252, BIOL 300, FRST 231, STAT 200.

  9. FRE 394 (3) Environment, Society and Government

    Roles of government and business in the Canadian economy, emphasizing interactions with the environment and society, including Indigenous communities. Ethical foundations of government, business and personal decision-making. This course is not eligible for Credit/D/Fail grading.

    Prerequisite: One of COMM 295, ECON 301.

    Equivalency: COMM 394.

  10. FRE 402 (3) Market Research and Analysis in Agri-Food Industries

    Macro and micro aspects of agri-food market and industry analysis, market strategy, consumer behaviour, secondary market research, quantitative and qualitative market research. [3-0-0]

    Prerequisite: One of ECON 101, ECON 310.

  11. FRE 420 (3) The Economics of International Trade and the Environment

    Market failure and gains from trade in the presence of environmental externalities; multilateral trade and environmental agreements; case studies, including biological invasions, transport emissions, climate-induced migration, carbon leakage, ivory trade, food miles.

    Prerequisite: One of ECON 101, ECON 301.

  12. FRE 426 (3) Predictive Analytics for Food and Resource Economics

    Statistical and machine learning algorithms for predictive analytics in the context of relevant problems in food, sustainability, and resource-related issues.

    Prerequisite: FRE 326.

  13. FRE 460 (3) Economics of Food Consumption

    Microeconomics of consumer decisions and public policy in food contexts; foodborne illness; economic causes and consequences of obesity; sin taxes and prohibitions; information campaigns and advertising; labeling; food waste and ethics.

    Prerequisite: One of ECON 101, ECON 310.

  14. FRE 474 (3) Causal Inference in the Economics of Natural Resource Conservation

    Estimating causal relationships in natural resource economics; applied data analysis; econometrics; counterfactual thinking, and applications to the economics of: natural resource conservation, species loss and extraction, protected areas, international trade of wildlife products, and endangered species legislation.

    Prerequisite: One of LFS 252, STAT 200, BIOL 300, ECON 326, COMM 291, FRST 231 and one of ECON 101, ECON 310.

  15. FRE 490 (3) Current Issues in Food and Resource Economics

    [3-0]

    Prerequisite: One of ECON 101, ECON 310.

  16. FRE 497 (2-6) c Directed Studies in Food and Resource Economics

    This course is not eligible for Credit/D/Fail grading.

    Prerequisite: Approval of program advisor.

  17. FRE 499 (6) Undergraduate Thesis

    Design and execution of an experimental/analytical research project leading to preparation of a thesis. This course is not eligible for Credit/D/Fail grading.

    Prerequisite: Approval of a program advisor; consult before the end of classes in third year.

  18. FRE 500 (3) MSc Seminar

    Pass/Fail. This course is not eligible for Credit/D/Fail grading.

  19. FRE 501 (3) Strategic Economic Analysis of Agri-Food Markets

    This course is not eligible for Credit/D/Fail grading.

  20. FRE 502 (3) Food Market Analysis

    This course is not eligible for Credit/D/Fail grading.

  21. FRE 504 (1.5) Agricultural and Resource Policy Analysis

    This course is not eligible for Credit/D/Fail grading.

  22. FRE 505 (1.5) Agricultural and Resource Policy Analysis - Policy and Project Evaluation Tools

    This course is not eligible for Credit/D/Fail grading.

  23. FRE 515 (3) Agribusiness Management

    Credit will be granted for only one of FNH 415, FOOD 515 or FRE 515. This course is not eligible for Credit/D/Fail grading.

  24. FRE 516 (3) Financial and Marketing Management in Agri-food Industries

    This course is not eligible for Credit/D/Fail grading.

  25. FRE 517 (1.5) Futures Trading in Agricultural Commodities

    This course is not eligible for Credit/D/Fail grading.

  26. FRE 518 (1.5) Survey Design and Data Analysis

    This course is not eligible for Credit/D/Fail grading.

  27. FRE 520 (2) Professional Masters Seminar

    This course is not eligible for Credit/D/Fail grading.

  28. FRE 521 (1(3)) d Topics in Food and Resource Economics

    This course is not eligible for Credit/D/Fail grading.

  29. FRE 522 (1.5) Environmental Externalities in the Global Economy

    This course is not eligible for Credit/D/Fail grading.

    Prerequisite: FRE 502.

  30. FRE 523 (1.5) Resource Economics I

    This course is not eligible for Credit/D/Fail grading.

  31. FRE 524 (1.5) Resource Economics II

    This course is not eligible for Credit/D/Fail grading.

  32. FRE 526 (1.5) Environmental Economics and Policy: Theory

    This course is not eligible for Credit/D/Fail grading.

  33. FRE 527 (1.5) Environmental Economics and Policy: Empirical Analysis

    This course is not eligible for Credit/D/Fail grading.

  34. FRE 528 (3) Applied Econometrics

    This course is not eligible for Credit/D/Fail grading.

  35. FRE 529 (1.5) Estimating Econometric Models

    This course is not eligible for Credit/D/Fail grading.

  36. FRE 530 (1.5) Econometrics with Time Series Data

    This course is not eligible for Credit/D/Fail grading.

  37. FRE 531 (1.5) Global Food and Resource Governance

    This course is not eligible for Credit/D/Fail grading.

  38. FRE 541 (1.5) Project Monitoring and Evaluation in International Development

    This course is not eligible for Credit/D/Fail grading.

  39. FRE 547 (6) Graduating Project

    This course is not eligible for Credit/D/Fail grading.

  40. FRE 585 (3) Quantitative Methods for Business and Natural Resource Management

    This course is not eligible for Credit/D/Fail grading.

  41. FRE 600 (3) PhD Seminar

    Pass/Fail. This course is not eligible for Credit/D/Fail grading.

  42. FRE 601 (3) Advanced Microeconomic Theory for Food and Resource Economics

    This course is not eligible for Credit/D/Fail grading.

    Prerequisite: ECON 500.

  43. FRE 602 (3) Advanced Econometrics for Food and Resource Economics

    This course is not eligible for Credit/D/Fail grading.

    Prerequisite: ECON 527.

  44. FRE 603 (3) Advanced Food and Resource Economics

    This course is not eligible for Credit/D/Fail grading.

    Prerequisite: One of FRE 523, FRE 534, ECON 573


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