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Michael A Gunderson

Agricultural Economics 

  • Associate Professor of Agricultural Economics
Krannert Room 754J

Michael Gunderson joined Purdue University as an associate professor in the Department of Agricultural Economics in August 2012. In addition to his responsibilities teaching in Purdue’s undergraduate and graduate classrooms on campus, Mike leads a quantitative methods course in the MS-MBA in Food and Agribusiness Management, a dual-degree, online program for working agribusiness professionals. He is also heavily involved in designing, developing and delivering non-credit, professional development programs through the department’s Center for Food and Agricultural Business. Mike serves as the center’s associate director of research, as well.

After earning his doctorate from Purdue in 2006, Mike spent six years in the Food and Resource Economics Department at the University of Florida (UF). While there, he taught undergraduate and graduate courses in agricultural finance, marketing and strategy. He has won teaching awards from the Agricultural and Applied Economics Association, the North American Teachers and Colleges of Agriculture, the UF College of Agricultural Life Sciences, and the Southern Agricultural Economics Association.

Mike’s research focuses on understanding the factors that influence the financial success of agribusiness firms. He has published 20 peer-reviewed articles on topics such as service quality in agribusiness input industries, agricultural land values and agribusiness management.

Mike also holds a master’s degree in agricultural economics from Cornell University and a bachelor’s degree in agribusiness, farm and financial management from the University of Illinois. He is married to Alee Lynch Gunderson. They enjoy taking their two dogs for hikes and following college sports.

Awards & Honors

(2013) Excellence in Distance Learning, credit-granting. Purdue University.

(2013) Teacher Fellow. North American Colleges and Teachers of Agriculture.

(2012) Distinguished Undergraduate Teaching Award for Less Than Ten Years Experience. Agricultural and Applied Economics Association.

(2011) Undergraduate Teaching Award. University of Florida College of Agricultural and Life Sciences.

(2011) Outstanding Teaching of a Course Award Less Than 10 years Experience. Southern Agricultural Economics Association.

Selected Publications

Widmar, D. A., Gray, A. W., & Gunderson, M. A. (2015). Hoover Seeds, inc.: A Period of Transition. American Journal of Agricultural Economics, 97(2), 628-634. doi:10.1093/ajae/aau110

Diebel, P. L., Perry, G. M., Gunderson, M. A., & Downey, W. (2014). Agribusiness Benchmarks: Creating Common Learning Outcomes for Undergraduate Agribusiness Management Programs. Journal of Agribusiness, 32(1), 47-65.

Gunderson, M. A. (2014). The Ethics and Economics of Agrifood Competition. American Journal of Agricultural Economics, 96(2), 611-612. doi:10.1093/ajae/aat112

Detre, J. D., & Gunderson, M. A. (2012). Doing More with Less in a Rapidly Changing Discipline-SmallerAgribusiness Faculties Teaching More Students. International Food and Agribusiness Management Review, 15(A, SI), 31-36. Retrieved from

Detre, J. D., Gunderson, M. A., Peake, W. O., & Dooley, F. J. (2011). Academic Perspectives on Agribusiness: An International Survey. International Food and Agribusiness Management Review, 14(5), 141-165. Retrieved from

Detre, J. D., & Gunderson, M. A. (2011). The Triple Bottom Line: What is the Impact on the Returns to Agribusiness? International Food and Agribusiness Management Review, 14(4), 165-177.

Gunderson, M. A., Gray, A. W., & Akridge, J. T. (2009). Service Quality in Agronomic Inputs: Does the Hierarchical Model Apply? Agribusiness: An International Journal, 25(4), 500-519. doi:10.1002/agr.20222

Gunderson, M. A., Detre, J. D., Briggeman, B. C., & Wilson, C. A. (2011). Ag lending: the next generation. Agricultural Finance Review, 71(3), 280–294.

Briggeman, B. C., Gunderson, M. A., & Gloy, B. A. (2009). The financial health of agricultural lenders. American Journal of Agricultural Economics, 91(5), 1406–1413.

Gloy, B. A., Gunderson, M. A., & LaDue, E. L. (2005). The costs and returns of agricultural credit delivery. American Journal of Agricultural Economics, 87(3), 703–716.