| AGECON-321 |
Farm Management, Production And Resource Economics |
2{1+1} |
| S.NO. |
Topic |
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| 1. |
Basic concepts in farm Managemant |
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| 2. |
concepts of Risk |
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| 3. |
Cost concept |
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| 4. |
Economies of scale… |
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| 5. |
Equi-marginal returns and Opportunity cost – comparative advantage |
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| 6. |
Expansion path, ridgeline and least cost combination of inputs |
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| 7. |
Factor – Factor relationship – Principle of substitution – isoquant, isocline |
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| 8. |
Factor – Product Relationship (Or) Input – Output Relationship |
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| 9. |
Farm Financial Analysis – Balance sheet – Income statement – Cash |
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| 10. |
Farm Investment Analysis – Time comparison principles – Discounted and undiscounted |
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| 11. |
Farm management decision |
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| 12. |
Farm planning and control |
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| 13. |
Introduction To Farm |
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| 14. |
Law of diminishing |
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| 15. |
Management of Important Farm Resource |
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| 16. |
Product – Product relationship – types. Production possibility curve, iso revenue line… |
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