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Full Description
Agriculture is the backbone of economies worldwide, feeding nations and fueling growth. Yet, its success hinges on a delicate balance of economic principles and effective management practices. Principles of Agricultural Economics and Farm Management is crafted to unravel this intricate relationship, offering a roadmap to understanding the forces that shape agricultural productivity and sustainability.
This book takes you on a journey through the core concepts of agricultural economics, from the fundamentals of demand, production, and cost to the complexities of national income, international trade, and the Goods and Services Tax (GST). It delves into the laws of returns, input-output relationships, and the dynamics of supply and distribution, providing both theoretical insights and practical applications. With a focus on agricultural planning and development, it also addresses pressing global issues like population growth, economic systems, and balance of payments.
Contents
1. Introduction
2. Basic Concept
3. Agricultural Economics
4. Agricultural Planning and Development in the Country
5. Demand
6. Utility Theory
7. Consumer Surplus
8. Elasticity of Demand
9. Production
10. Laws of Returns
11. Input-Output Relationship / Law of Variable Proportion
12. Return to Scale
13. Cost
14. Supply
15. Distribution
16. National Income
17. Population
18. Money
19. Economic System
20. International Trade
21. Balance of Payment
22. Goods and Services Tax
