Agricultural Economics 💹
Comprehensive course on Principles of Economics, Consumer Behaviour, Market Structure, National Income, Farm Management, Production Economics, Agricultural Finance, Credit, Marketing, APMC, Direct Marketing Channels & Modal Bankable Projects.
Principles of Economics
Learn all the important concepts of Principles of Economics useful for all agricultural exams.
Farm Management & Production
Learn all the important concepts of Farm Management useful for all agricultural exams.
Agriculture Marketing
Learn all the important concepts of Agriculture Marketing useful for all agricultural exams.
Agriculture Finance
Learn all the important concepts of Agriculture Finance useful for all agricultural exams.
NABARD Model Bankable Projects (MBP) — Complete Course
Comprehensive notes on all NABARD Model Bankable Projects (MBPs) — dairy, goat, poultry, fisheries, food processing, forestry, FPO financing, plantation & horticulture, and more. Covers TFO, IRR, DSCR, margin money, and all techno-economic parameters tested in IBPS AFO, NABARD Grade A/B, JRF, Pre-PG, and state PSC agriculture exams.
Agricultural Economics
This comprehensive course covers all the important concepts of Agricultural Economics essential for competitive agricultural exams. The course is divided into the following sections:
- Principles of Economics — Definitions (Adam Smith, Marshall, Robbins, Samuelson), scope, methodology, types of economy, micro & macro economics
- Consumer Behaviour & Utility — Consumption, wants, utility types (form, place, time, possession), laws of diminishing & equi-marginal utility
- Demand & Elasticity — Types of demand, 5 degrees of elasticity, determinants, measurement methods
- Market Structure — Perfect competition, monopolistic competition, oligopoly, monopoly comparison table
- Capital & National Income — Capital types, GDP, GNP, NNP formulas, personal income, disposable income, per capita income
- Cost Concepts — Fixed vs variable costs, opportunity cost, social cost, economic cost
- Inflation — Types (creeping, walking, running, galloping), factors causing inflation
- Factors of Production — Land, labour, capital, entrepreneur; rent, wages, interest, profit
- Farm Management — Basic terms, production functions, returns to scale, risk & uncertainty
- Production Economics — Factor-product, factor-factor (least cost combination, isoquants), product-product (PPC, MRPS) relationships
- Compounding & Discounting — Time comparison principle, future value & present value formulas
- Types of Farming — Specialized, diversified, mixed, dry, ranching
- Business Organisations — Sole proprietorship, partnership, joint-stock company, co-operative society
- Important Economic Terms — Marketable surplus, marketed surplus, consumer surplus, economic holding, financial ratios
- Agricultural Finance — Credit classification (5 bases), 3Rs, 5Cs, 7Ps of credit, institutional & non-institutional sources
- Agricultural Marketing — Market classification, marketing functions (Thomsen, Kohls & Uhl, Huegy & Mitchell), APMC
- Marketing Agencies & Institutions — Middlemen types, commodity boards, public & cooperative sector institutions, hedging
- Direct Marketing Channels — Apni Mandi (Punjab 1987), Hadaspar, Rythu Bazars, Uzhavar Sandies
- Market Integration — Horizontal, vertical integration, conglomeration
- Agricultural Trade — WTO, pricing policy, trade agreements
- Modal Bankable Projects — Project formulation and appraisal