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Course Objective: |
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The aim of this course to provide students with an in-depth understanding of the issues relating to Indian agriculture and farmers’ welfare. The focus is on analyzing structural patterns in Indian agriculture, and how policies have influenced farmers’ choices and incomes. The approach is modular, and will depend on the policy discourse. |
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Course Outcomes: The students will be able to |
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1 |
Participate in decision making related to the agricultural sector, |
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Have sufficient background to undertake independent research in this area. |
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3 |
Develop the understanding about agricultural issues of national and international |
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Course Content: |
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UNIT I |
Agriculture Economics - Definition of Agriculture Economics, Scope, Nature and Characteristics of Indian Agriculture, Differences & Linkages between Agriculture and Industry, Development in Agriculture Colonial & After Independence, |
10 hrs |
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UNIT II |
Farm Organisation, Availability of Inputs, Agricultural Infrastructure, Cropping Pattern, Size of Land Holdings, Land Reforms, Risk and Instability in Agriculture |
10 hrs |
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UNIT III |
Economics Laws in Agriculture - Production, Cost, Supply Response, Introduction to Market Price Determination and Input Demand, Concept of Elasticity, |
10 hrs |
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UNIT IV |
Agriculture Price Policy in India, Agriculture Marketing, Importance of Agriculture for National Economy, Production Pattern regional variation recourse use efficiency |
10 hrs |
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UNIT V |
Green Revolution - Production, Productivity, HYV, Irrigation Fertilizer Mechanisation, MSP Debate on Economic System for Agricultural Marketing, Agricultural Credit, Government Financial Support |
10 hrs |
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UNIT VI |
Foreign Trade in Agriculture - India's Competitiveness in International Market, Storage Facility, Issues in Indian Agriculture& WTO Rules |
10 hrs |
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Internal Assessment: |
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CIA 1 |
Unit I, Unit II |
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CIA 2 |
Assignment submission and/or presentation |
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Text Books: |
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1. Soni R. N. & M. Sangeeta: Leading Issues in Agricultural Economics, Vishal Publishing Co. Jalandhar |
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2. Sadhu and Singh: Fundamentals of Agricultural Economics, Himalaya Publishing House Mumbai |
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3. Drummond H. Evan & Goodwin John W. : Agricultural Economics, Printice Hall |
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Reference Books: |
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1. Tsakok Isabelle: Success in Agricultural Transformation, Cambridge University Press |
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2. Barkley Andrew, et al: Principles of Agricultural Economics, Routledge London
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3. Puri VK & Mishra: Indian Economy, Himalaya Publishing House |
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GOI: Economic Survey latest issue |
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- Teacher: Department of Economics