Agricultural Economics and Farm Management Agri 6th Sem Syllabus for BE 2017 Regulation Anna Univ (Professional Elective II) detail syllabus for Agriculture Engineering (Agri), 2017 regulation is collected from the Anna Univ official website and presented for students of Anna University. The details of the course are: course code (AI8005), Category (PE), Contact Periods/week (3), Teaching hours/week (3), Practical Hours/week (0). The total course credits are given in combined syllabus.
For all other agri 6th sem syllabus for be 2017 regulation anna univ you can visit Agri 6th Sem syllabus for BE 2017 regulation Anna Univ Subjects. For all other Professional Elective II subjects do refer to Professional Elective II. The detail syllabus for agricultural economics and farm management is as follows.
Course Objective:
- To impart the fundamental knowledge and basic concepts of Economics and Farm Management
- To understand the types of resources and Investment analysis in agriculture sector
- Farm financial analysis, Investment and Budgeting for farms
Unit I
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Unit II
Laws of Economics
Basic laws of economics – demand and supply concepts – law of increasing, diminishing and constant returns – Equi-marginal returns – Product relationship – Production function – definition and types – Production function curves – Optimum level of input use – Economies of scale external and internal economies and diseconomies – Cost concepts – types – Opportunity cost -comparison of costs – Factor relationship – concepts.
Unit III
Cost Curves
Principle of substitution – isoquant, isocline, expansion path, ridge line and least cost combination of inputs-Product-product relationship – Production possibility curve, isorevenue line and optimum combination of outputs – Cost curves -Optimum input and output levels – Factor -factor relationship – Least cost combination of inputs – Estimation of cost of cultivation and cost of production of crops – annual and perennial crops – Preparation of interview schedule and farm visit for data collection.
Unit IV
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Unit V
Farm Management and Financial Analysis
Farm management- need and analysis – Farm financial analysis – Balance sheet – Income statement – Cash flow analysis – Farm investment analysis – Time comparison principles – Farm planning – Elements of farm planning – Whole farm planning and partial planning – Farm level management system – Farm budgeting – whole farm budgeting and partial budgeting – Estimation of credit – examples of farm planning and budgeting.
Course Outcome:
- Students are able to plan the financial aspects related to farm management in a cost effective manner.
Text Books:
- Johl, S.S., and Kapur, T.R.,Fundamentals of Farm Business Management, Kalyani publishers, Ludhiana, 2007.
- Subba Reddy, S., Raghu Ram, P., Neelakanta Sastry T.V and Bhavani
- Devi, I., Agricultural EconomicsOxford and IBH Publishing Co. Pvt. Ltd., New Delhi, 2006.
References:
- Raju, V.T., Essentials of Farm Management, Oxford and IBH Publishing Co. Pvt. Ltd., New Delhi, 2002.
- Subba Reddy, S., and Raghu Ram, P. Agricultural Finance and Management, Oxford and IBH Publishing Co. Pvt. Ltd., New Delhi, 2002.
- Sankhayan, P.L. Introduction to Farm Management, Tata McGraw Hill Publishing Co. Ltd., New Delhi, 2001
- Muniraj, R., Farm Finance for Development, Oxford and IBH Publishing Co. Pvt. Ltd., New Delhi, 2000.
For detail syllabus of all other subjects of BE Agri, 2017 regulation do visit Agri 6th Sem syllabus for 2017 Regulation.
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