Ph.D. Agricultural Economics

Doctor of Philosophy in Agricultural Economics / Ph.D. Agricultural Economics

1. List of Academic Staff

Name	Status and Qualification	Research Interests
A. Falola	Senior Lecturer & Head of Department B.Agric., M.Sc., Ph.D. (Ilorin)	Production Economics, Welfare Economics
O. A. Omotesho	Professor B.Sc., M.Sc., Ph.D. (Ibadan)	Resource Economics and FarmManagement
M. O. Adewumi	Professor B.Sc., M.Sc., Ph.D. (Ilorin)	Agricultural Production, Farm Management and ManagementSciences
A. Muhammad-Lawal	Professor B.Agric., M.Sc., Ph.D. (Ilorin)	Production Economics andFarm Management
R. O. Babatunde	Professor B.Agric., M.Sc. (Ilorin); Ph.D. (Stuttgart)	Development Economics, Welfare Economics, Food and Nutrition Economics, ImpactAssessment
Opeyemi E. Ayinde	Professor B.Agric., M.Sc., Ph.D. (Ilorin)	Gender Studies, Behavioural and Innovation Economics,Price Analysis
S. O. Akanbi	Senior Lecturer B.Agric., MBA, M.Sc., Ph.D.(Ilorin)	Agricultural Production, Development Economics,Agribusiness Management
K. B. Amolegbe	Senior Lecturer B.Agric., M.Sc., Ph.D. (Ilorin)	Food security, Value Chain Analysis, Poverty and Inequality, AgriculturalDevelopment Economics
J. O. Animashaun	Lecturer I B.Agric., M.Sc., (Ilorin); Ph.D. (Manchester)	Micro-econometrics, Political and Natural Resource Economics, Evaluation ofAgricultural Policies
Mercy F. Salami	Lecturer I B.Agric., M.Sc., Ph.D. (Ilorin)	Agricultural Production Economics, DevelopmentEconomics
I. L. Olaghere	Lecturer I B.Agric. (Benin); M.Sc., Ph.D. (Ilorin)	Farm Management, ProductionEconomics, Agribusiness, Climate Change
T. B. Ajibade	Lecturer I B.Agric., M.Sc., Ph.D. (Ilorin)	Agricultural Trade, Markets,and Industrial Organization
G. O. Akinsola	Lecturer I B.Agric., M.Sc., Ph.D. (Ilorin)	Development Economics,Gender issues, Agricultural innovations

B. Introduction

This programme is meant for candidates who want to take up academic pursuits and research activities at the highest level. It is to update their knowledge and competencies to enable them to take up high-level manpower and managerial posts in their chosen field.

C. Philosophy

The philosophy of the programme is the development of high-level manpower to pursue careers in academics and research, and the provision of the highest degree of specialisation in a particular field in the context of expanding knowledge globally and solving real-life problems.

D. Aim and Objectives

Objectives:

1. Equipping students with research skills through the conduct of supervised research, seminar presentation and thesis presentation; and
2. Providing training for those whose future careers are in teaching and research at the tertiary level and in research and development in the public and private sectors.

E. Admission Requirements

Candidates seeking admission into the programme must have the following qualifications from recognised institutions: An academic Master’s degree in Agricultural Economics or related disciplines with a minimum CGPA of 4.0 on a scale of 5.9 or an average weighted grade point of 60%.

F. Duration of the Programme

1. The Full-time programme shall run for a minimum of 36 calendar months and a maximum of 60 calendar months.
2. The Part-time programme shall run for a minimum of 48 calendar months and a maximum of 72 calendar months.

G. Detailed Course Description

AEF 901 Seminar 2 Credits

Each student should present a seminar on current issues in the field of Agricultural Economics guided by academic staff in the department. 90h (P); C

AEF 902    Advanced Research Methodology II 3 Credits

Nature of scientific project. Procedures involved in scientific research. Data analysis. Descriptive and inferential analysis. Presentation of research results and graphical. Written problem of data collection in Nigeria. Science and the Scientific method. Delineation of research problems and development of research objectives. Research designs in social sciences. Data generation with an emphasis on field surveys. Analysing data and reporting results. 45h (T); C

AEF 903    Advanced Econometrics II 3 Credits

Vector and Structural Vector Autoregressive Models. Methods of Time Series Data Estimation. Estimating VARs in STATA. VARBASIC Command

GRANGER Causality test. Introduction to SVARs. Short-run SVAR models. Long- run SVAR models Formulation and estimation of special models. Cointegration and Vector Error Correction Models. VECM estimation in Stata. VECM in four variable model: Johansen’s normalization Specification testing. Forecasting with VECMs.30h (T); 45h (P); C

AEF 904    Advanced Mathematical Economics 3 Credits

Review of Calculus. and Algebra. Classical optimisation. Information Economics and Game Theory. Computer application in agricultural economics, analytical software: SPSS, STATA, LIMDEP, Eviews. 30h (T); 45h (P); E

AEF 905    Advanced Agricultural Project Planning 3 Credits

Project and economic development. Project cycle. Determination of project and need. Criteria for selection of projects: technical, commercial and organization. Feasibility. Project execution and management. Project financing. Project appraisal. Monitoring and evaluation. Project refinancing. 30h (T); 45h (P); E

AEF 906    Advanced Agricultural Development and Policy 3 Credits

History and Analytical treatment of government agricultural policies in Nigeria and developing countries. Theories and policies of agricultural development. Role of Agriculture in the economy. Problems of agricultural development and planning. Integrated rural development planning. 30h (T); 45h (P); E

AEF 907    Advanced Agricultural Finance 3 Credits

Role of credit in agricultural development. Sources of agricultural finance. Decision criteria in agricultural investments. Factors affecting supply and effective utilisation of credits. Classification of credits, credit assessment (the 5Cs of Credit). 30h (T); 45h (P); E

AEF 908    Advanced Agricultural Marketing 3 Credits

Role of marketing in agricultural development. Marketing functions. Channels and costs. Nature of competition in agricultural marketing. Cooperative marketing of agricultural products. Process of analysing marketing problems. Marketing research. Techniques for evaluating marketing efficiency. Domestic marketing of agricultural commodities. International trade in agricultural commodities. 30h (T); 45h (P); E

AEF 999 Thesis 16 Credits

Each student should submit a thesis on a topic approved by the Department.720h (P); C

H. Graduation Requirements

The programme consists of coursework, project and seminars or special topics. To be awarded the degree, a candidate must have fulfilled the following conditions:

1. Passed a Minimum of 48 Credits

Core Courses		30 Credits
Thesis		16 Credits
SeminarTotal		2 Credits = 48 Credits

*of which not more than 21 may be transferred from the Master programme

ii Carried out research relevant to the area of specialisation and submitted an acceptable thesis.

I. Summary

i. Farm Management and Production Economics option:

Core Courses: AEF 902 (3), 903 (3), 904 (3), 999 (16), 901 (2) Plus 21 Credits from M.Sc. 48 Credits Total = 48 Credits

ii. Agricultural Development and Policy option:

Core Courses: AEF 902 (3), 903 (3), 906 (3), 999 (16), 901 (2) Plus 21 Credits from M.Sc. 48 Credits Total = 48 Credits

iii. Agricultural Marketing option:

Core Courses: AEF 902 (3), 903 (3), 908 (3), 999 (16), 901 (2) Plus 21 Credits from M.Sc. 48 Credits Total = 48 Credits

iv. Agricultural Finance option:

Core Courses: AEF 902 (3), 903 (3), 907 (3), 999 (16), 901 (2) Plus 21 Credits from M.Sc. 48 Credits Total = 48 Credits