About the book

Agricultural economics originally applied the principles of economics to the production of crops and livestock—a discipline known as agronomics. Agronomics was a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ecosystem. Throughout the 20^th century the discipline expanded and the current scope of the discipline is much broader. Agricultural economics today includes a variety of applied areas, having considerable overlap with conventional economics. Agricultural economics tends to be more microeconomic oriented.

Many undergraduate Agricultural Economics degrees given by universities tend to be more like a traditional business degree rather than a traditional economics degree. At the graduate level, many agricultural economics programs focus on a wide variety of applied microeconomic topics. Their demand is driven by their pragmatism, optimization and decision making skills, and their skills in statistical modelling. This book focuses on both theoretical and applied aspects in a detailed manner and this book should serve as an exhaustive volume on Agricultural Economics taught in the Universities.

Contents:

1. Introduction
2. Input Demand and Output Supply Functions
3. Input Demand and Output Supply Response
4. Commercialisation of Small Farm Agriculture
5. Cost Inflation in Agriculture
6. Economics Analysis of Forest Policy
7. Stakeholder Groups in Fishery
8. Changing Priorities in Fisheries Development
9. Labour Issues for Specific Stakeholder Groups