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(AGECON-321) FARM MANAGEMENT, PRODUCTION & RESOURSE ECONOMICS NOTES/PDF

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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