ABOUT THE BOOK: A modern
discipline, Agricultural Economics generally applies the principles of economics
to the production of crops and livestock. The discipline, known as Agronomics,
is a branch of Economics, which specifically deals with land usage. It focuses
on maximising the yield of crops, while maintaining a good soil-ecosystem.
Throughout the 20th century, the discipline got expanded and the current scope
of the discipline is much broader. Agricultural Economics now includes a variety
of applied areas, having considerable overlap, with conventional economics.
Economics is the study of resource allocation under scarcity. Agronomics or the
application of economic methods to optimising the decisions, made by
agricultural producers, grew to prominence, around the turn of 20th century. The
field of agricultural economics can be traced out to works on land economics.
Present work is a research-based, compact and exclusive study for the benefit of scholars, researchers and students of Economics and Agriculture Science.
AUTHOR: Pranav K. Desai | ISBN: 9788176222082 | YEAR: 2010 | PAGES: 306 | SIZE: 14.5 x 22 x 2 cm. | BINDING: Hard | LANGUAGE: English
ABOUT THE AUTHOR: Dr. Pranav K.
Desai is having more than seventeen years of teaching and research
experience, mainly on Agricultural Finance. Throughout his career he has been
associated with a number of educational and research institutes. He has
published a number of research articles in reputed journals. His areas of
interest includes agricultural economics and natural resource management.
Apart from being an active and dedicated teacher, he has also been committed in research and running projects funded by the eminent bodies.
Concept of Agricultural Economics • Nature of Agricultural Economics • Scope of Agricultural Economics • Types of Agricultural Economics•Relationship with other Disciplines • Industrial Development and Agriculture • Significance of Agricultural Economics
2. Economic Development and Agriculture
The Physiocrats • Limit on Growth • Quantity of Labour • Diagrammatic Exposition • Provision of Industrial Raw Material • Market Contribution•Factor Contribution • Capital Contribution •LabourContribution • Agricultural Fundamentalism • Declining Importance of Agriculture • Role of Agriculture in India • Share of Agriculture in National Income • Supplier of Substantial Food and Fodder • Agriculture as a Source of Livelihood • Agriculture and Provision of Employment • Agricultural and Industrial Development • Agriculture and International Trade
3. Role of Agriculture in Economy
Role of Land in Agriculture • Food and Fibre Production • Pastures and Grazing Lands • Role of Forests • Land as a Factor of Production•Non-agricultural Uses of Land • Peculiarities of Land • Law of Diminishing Returns • Limited Supply of Land • Heterogeneity of Land Quality
•Possibilities of Expanding Land Area
4. Modern Indian Agriculture
Land Use • Harvesting • Water and Soil Conservation • Machinery and Implements•Protection of Plants • Animal Husbandry•Census of Agriculture • Programmes for Houses•Educational Research • New Trends
5. Indian Agricultural Policy
Content of Reforms Programme • Fiscal Adjustment • Structural Adjustment Policy •Financial Reforms • Globalisation and Agriculture • Multinational Companies
6. Marketing in Agriculture
Definition of Marketing • Significance of Agricultural Marketing • Special Problems in Marketing •Marketing Functions • Assembling•Processing • Dispersion • Secondary Services • Standardisation and Grading • Packaging•Transportation • Storage • Financing • Risk Bearing Function • Selling • Marketing Margin•Market Structure • Local Assembling and Processing Markets • District Concentration and Processing Markets • Central Markets • Seaboard Markets • Wholesale Distribution Markets•Retail Markets • Cooperative Marketing•Advantages of Cooperative Marketing•Cooperative Marketing Societies • Progress of Cooperative Marketing • Agricultural Marketing in India • Existing System of AgriculturalMarketing • Defects in Agricultural Marketing • Government Measures for Agricultural Marketing • Three Categories
7. Agricultural-Economic Transformation
The Problem • Old Doctrines • Unsettled Questions • Attributes of Traditional Agriculture
•Allocative Efficiency • Zero Marginal Productivity • High Returns to Low Capital•Development of Traditional Agriculture•Farmers as Demanders of New Factors
8. Fixing Price in Agriculture
Price Determination under Perfect Competition•The Demand • Factors, Influencing Demand
•Law of Demand • Demand Curve • Elasticity of Demand • Cross Elasticity of Demand • Income Elasticity of Demand • Supply in Practice•Factors, Influencing Supply • Law of Supply • Supply Curve • Supply Lags • Perverse Supply Curve • Elasticity of Supply • Price Determination
•Changes in Demand and Supply • Exceptions in Agriculture • The Cob-Web • Price Determination under Imperfect Competition•Determination of Most Profitable Price • Price Support • Long-term Considerations • Behaviour of Agricultural Prices in India • Agricultural Price Policy • Objectives of Price Policy • Enunciation of Agricultural Price Policy in India • Actual Price Policy • Evaluation of Agricultural Price Policy • Farmers and Terms of Trade • Movement of Agricultural Prices and Terms of Trade
9. Agricultural Labour
Role of Labour in Agriculture • Supply of Labour•Theories of Population Growth • Factors, Affecting Population Growth • Factors, Affecting Death Rate • Demand for Labour Force • Efficiency of Farm Labour • Size of Labour Force • Quality of Labour Force • Level of Technology • Agricultural Wages
10. Agricultural Development and Foreign Trade
Export Competitiveness Measures • Current Status of India's Agricultural Foreign Trade•Export Performance • Future Strategy • Indian Agriculture and WTO • GATT Recommendations Relating to Agriculture • Objective Evaluation
11. Crops for Commercial Purposes
Tobacco • Seed Production • Apiculture • Cotton•Sugarcane • Jute and Allied Fibres
12. Farming in Cooperative Sector
Experiments in Agriculture • Outcome Analysis