Fundamentals of Agricultural Economics: Based on 5th Deans’ Recommendations

Contents: 1. Economics and agricultural economics. 2. Utility theory. 3. Demand and elasticity of demand. 4. Production. 5. Supply. 6. Market and marketing structure. 7. Distribution theory. 8. National income. 9. Population. 10. Money and banking. 11. Agricultural and public finance.

This book is unique among economics books. It not only contains topics as in mainstream textbooks, but it explains the economics in more pragmatic way in a lucid language. Green revolution may have increased the production in agriculture but not considerably in farm income. Sound knowledge in agricultural economics is necessary in increasing farm income. This book gives basic and fundamental understanding to the readers about the subject Agricultural Economics.  Sincere efforts have been made to describe the Agricultural Economics in systematic and comprehensive manner. Key concepts such as Utility Theories, Laws of Demand and Supply, Elasticity of Demand and Supply, Laws of Returns Distribution Theory, Production, Market Structure, National Income, Population, Finance etc, are explained in detail in simple language with examples and graphs. Subject matter is illustrated with diagrams, graphs and tables wherever necessary.