This post offers a complete collection of free PDF notes covering the core aspects of agricultural economics, finance, marketing, agri business management, and production economics & farm management.
Designed for agriculture students and professionals, these resources explain economic theories, market structures, credit systems, production functions, risk management, and more—providing the essential knowledge needed for success in agricultural studies and practice.
PRINCIPLES OF AGRICULTURAL ECONOMICS
No.
Topic Title
Resource Link
1
ECONOMICS – Definition, Nature & Scope; Divisions of Economics
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2
ECONOMIC SYSTEMS – Definitions and Characteristics; Capital, Socialist & Mixed Economy
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3
CONSUMPTION – Theory of Consumer Behaviour; Utility (Definition, Measurement, Cardinal & Ordinal Approaches, Diminishing Marginal Utility, Demand Curve)
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4
Ordinal Approach – Indifference Curve, Characteristics, Budget Line, Consumer Equilibrium
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5
Demand – Individual Demand, Market Demand, Demand Schedule & Curve, Law of Demand and Factors Affecting It
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6
Elasticity of Demand – Price, Income & Cross Elasticities; Estimation; Point and Arc Elasticity; Giffen, Normal, Inferior, Substitutes & Complementary Goods
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7
Engel’s Law – Family Expenditure, Consumer Surplus (Estimation and Applications)
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8
PRODUCTION – Factors of Production; Land (Characteristics) & Labour (Quantity, Quality, Division, Efficiency, Malthusian Theory)
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9
CAPITAL – Characteristics; Capital Formation; Business Firm Organization; Types & Characteristics; Concept of Shares & Debentures
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10
SUPPLY – Law of Diminishing Marginal Return; Application to Agriculture; Cost Concepts; Short & Long Run Cost Curves; Optimum Production Level
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11
Graphical Derivation of Supply from Cost Curve; Supply Schedule & Curve; Law and Elasticity of Supply
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12
MARKET, Market Structure and Price Determination
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13
Factor Pricing – Rent (Ricardian, Economic, Quasi); Wage (Marginal Productivity Theory); Interest (Liquidity Preference); Profit (Risk-bearing Theory)
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14
MACRO ECONOMICS – Concepts of GNP, GDP, NNP and Per Capita Income
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15
Money – Definition, Functions; Inflation (Consequences & Control)
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16
Public Finance – Public Revenue, Expenditure, Taxation & Principles of Taxation
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AGRICULTURAL FINANCE AND CO-OPERATION
Agricultural Marketing, Trade and Prices
FUNDAMENTALS OF AGRI BUSINESS MANAGEMENT
PRODUCTION ECONOMICS AND FARM MANAGEMENT
No.
Topic Title
Resource Link
1
INTRODUCTION TO FARM MANAGEMENT
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2
Farm Management Decision Making Process (Production, Operational, Strategic, Administrative, Marketing)
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3
Basic Concepts in Farm Management – Production, Resource Types, Choice Indicators, Costs, Revenue, Profit, Total, Average & Marginal Concepts
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4
Factor–Product Relationship – Production Function (Definition & Types: Linear, Quadratic & Cobb-Douglas); Impact of Technology
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5
Law of Diminishing Returns – Three Regions of Production
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6
Cost Concepts & Interrelations – Optimum Input Use and Production
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7
Economies of Scale – External & Internal Economies, Diseconomies, Returns to Scale, Economies of Size
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8
Factor–Factor Relationship – Principle of Substitution; Isoquant & Isocline
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9
Expansion Path, Ridgeline and Least Cost Combination of Inputs
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10
Product–Product Relationship – Production Possibility Curve, Iso Revenue Line, Optimum Output Combination
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11
Equi-marginal Returns and Opportunity Cost – Comparative Advantage
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12
Concepts of Risk and Uncertainty – Types in Agriculture; Managerial Decisions to Reduce Production Risks
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13
Management of Important Farm Resources
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14
Farm Financial Analysis – Balance Sheet, Income Statement, Cash Flow Analysis, Ratio Analysis
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15
Farm Investment Analysis – Time Comparison Principles; Discounted and Undiscounted Measures
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16
Farm Planning and Control – Elements, Objectives, Steps, Formulation of Farm Plans; Farm-level MIS
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