The Institute of Agricultural Economics (IAE) was founded by the Directive of the FNR Yugoslavia Government in August 1949.

In the course of its existence, as one of the oldest and the most successful scientific research institutions of agriculture in the country, it has continuously pursued the economic problems in agriculture, by analyzing them and giving proposals for successful development of this important field of the national economy. In the beginning, the Institute was engaged mainly in the tasks set by the former Agricultural Council, but later the cooperation with cooperatives and combines was established and then intense field and scientific research work started.

The Institute of Agricultural Economics, Belgrade, RS Serbia, frequently participates in the realization of long-terms projects of the Ministry of Science and Environmental Protection, as well as in the projects of the Ministry of Natural Resources, Mining and Spatial Planning, and the projects of agricultural sector adjustment that the Ministry of Agriculture, Trade, Forestry and Water Management of the Republic Serbia is implementing in the process of the country’s accession to the World Trade Organization (WTO) and the European Union (EU).