MFRE students can customize their degree by choosing from four specialized concentrations, gaining specialized knowledge and matching education with their unique interests and career ambitions.
TERM 2 COURSES
In Term 2, students have flexibility to tailor their program by selecting into one of our four concentrations. See MFRE Concentrations for descriptions, Career Paths, and Term 2 courses required to meet concentrations requirements.
FRE 515
Agribusiness Management
Topics: Strategic decision-making, valuation methods,
long-term
sustainability strategies, climate mitigation.
FRE 585
Quantitative Methods for Business and Resource Management
Explore quantitative decision-making models essential for business and resource management
decisions.
Topics: Decision, predictive, visual, and prescriptive analytics
models.
FRE 505
Policy and Project Evaluation in the Food and Resource Sector
Explores policy and project evaluation in the global food and agriculture sector using real-world
cases.
Topics: Policy Analysis Matrix, Cost-Benefit Analysis, critical evaluation of
economic
and environmental policies.
FRE 517
Futures Trading of Agricultural Commodities
Explore futures and options for hedging and speculation through cases in the lumber and foreign
exchange
markets.
Topics: Real-world cases and and an interactive trading game in options,
hedges,
opts,
calls, and arbitrage.
FRE 518
Survey Design and Data Analysis
Explore focus group and survey research design, implementation and data analysis.
Topics: R Studio data analytics, Cluster analysis, Interview techniques,
coding of
content data.
FRE 523
The Economics of World Fisheries
Learn the critical issues of sustainability, especially in managing “common pool” resources such
as
capture fishery resources.
Topics: Sustainable economic management models, global capture (wild)
fisheries
and
aquaculture modeling.
FRE 526
The Economics of Environmental Policy
Explore the current global landscape of climate emissions regulations and the frameworks.
Topics: Climate change mitigation, methodologies for evaluating
the
merits
and impacts.
FRE 527
Environmental Data Analytics
Introduces core environmental datasets spanning weather, ecology, and satellite imagery data sources, which are routinely used to support environmental metrics and decision-making in the food and resource sector.
Topics: Practical skills in data extraction, processing, and analysis using R,
Python,
and
JavaScript for Google Earth Engine.
FRE 529
Estimating Econometric Models for the Food and Resource Sector
Build expertise in econometric methods such as instrumental variables, panel data, and
difference-in-differences.
Topics: Causal relationships such as
impact
of
forest fires on health, income growth on deforestation, national policies on carbon emissions
reduction.
FRE 521D
Data Analytics in the Food and Resource Sector
Gain hands-on skills in Data Wrangling, SQL, and Python, by applying these tools to real-world finance,
climate,
and
environmental data.
Topics: Build efficient SQL and Python workflows, validate and document your work for handover, and present visual stories that inform decisions for producers, retailers, investors, NGOs, or policymakers.
FRE 521E
Economic Analysis Using Machine Learning
Introduces modern machine learning methods in R through the lens of applied economics, with a focus on climate, food, environmental, and resource applications. Students learn why and when machine learning can outperform traditional econometric approaches.
Topics: Identify when an applied economics problem could benefit from a machine learning approach (e.g., prediction problems, large amounts of unstructured data, modelling high-dimensional relationships without restrictive functional forms). Trade-offs associated with machine learning approaches versus classic econometric approaches.
FRE 530
Global Food and Resource Governance
Explains the role of governments, business, civil society and international institutions in global food and resource policy-making.
Topics: Global food crises, large-scale land acquisitions, WTO agriculture negotiations, alternatives to current global policies and governance arrangements. Not offered this year as Dr. Margulis is on sabbatical.
FRE 530
Applied Econometrics with Time Series Data
Investigate the techniques of time series econometrics models and apply them to policy analysis
and
forecasting.
applications in the business, finance and resource sectors.
Topics: Univariate and multivariate time series models, stationary and
non-stationary
forecasting models, ARIMA, Vector Auto-regression (VAR), and error correction models.
FRE 531
Global Food and Resource Governance
Explains the role of governments, business, civil society and international institutions in
global
food
and resource policy-making.
Topics: Global food crises, large-scale
land
acquisitions, WTO agriculture negotiations, alternatives to current global policies and
governance
arrangements. Not offered 2026: Dr. Margulis on Sabbatical
Term 2 Concentrations
- Develop expertise in high-demand fields
- Customize your education to match your interests and ambitions
- Gain a competitive edge in the job market with specialized knowledge and skills