Agricultural Economics course plays a crucial role in understanding the relationship between agriculture and Economics. This course is designed in such in a progressive manner, starting from basic to advanced topics with simplified technical concept. The course will provide an in-depth idea about the role of Economics in the field of Agriculture. It covers a wide range of topics aimed at equipping learners with the knowledge and skills necessary to analyses and address economic challenges and opportunities within agriculture and rural development. The course assists learners to apply analytical, business and managerial skills to range of activities in the field of agriculture. This course helps in understanding how resources such as land, labor, capital, and technology are allocated within the agricultural sector. Efficient resource allocation is crucial for maximizing agricultural productivity and profitability. By enrolling in this course the learners learn about production functions, input-output relationships, cost analysis, and optimization techniques to maximize farm profitability and efficiency. It provides insights into the functioning of agricultural markets, including supply and demand dynamics, price determination, market structures, and market integration. The course enlightens the role of government policies and interventions in shaping agricultural markets and influencing farm income, production, and trade and enable learners to learn about agricultural policy instruments, including subsidies, price supports, trade policies, and their economic implications. The course provides an in-depth knowledge about market failures, externalities, and policy instruments for promoting sustainable agricultural practices and natural resource management.
The Course will have specific learning objectives
1. Provide deep understanding of various concepts and theoretical perspectives related to Agricultural Economics.
2. Impart knowledge and skills necessary to analyse and address economic challenges and opportunities within agriculture and rural development.
3. Help in understanding of how resources such as land, labour, capital, and technology are allocated within the agricultural sector
4. Explore production functions, input-output relationships, cost analysis, and optimization techniques to maximize farm profitability and efficiency
5. Provide insights into the functioning of agricultural markets, including supply and demand dynamics, price determination, market structures, and market integration.
6. Analyze the role of government policies and interventions in shaping agricultural markets and influencing farm income, production, and trade
7. Evaluate the agricultural policy instruments, including subsidies, price supports, trade policies, and their economic implications.
8. Provides an in-depth knowledge about market failures, externalities, and policy instruments for promoting sustainable agricultural practices.
| Course Status : | Upcoming |
| Course Type : | Not Applicable |
| Language for course content : | English |
| Duration : | 12 weeks |
| Category : |
|
| Credit Points : | 4 |
| Level : | Undergraduate |
| Start Date : | 01 Jan 2025 |
| End Date : | 30 Apr 2025 |
| Enrollment Ends : | 28 Feb 2025 |
| Exam Date : | 17 May 2025 IST |
| Exam Shift : | Shift-II |
Note: This exam date is subject to change based on seat availability. You can check final exam date on your hall ticket.
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Agricultural Economics |
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WEEK 1 |
|
Unit
1:
Basics of Agricultural Economics. |
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Unit
2:
Agriculture and Economic Development. |
|
WEEK 2 |
|
Unit
3: Farming
System and Farm Organization. |
|
WEEK3 |
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Unit4: Land Reforms. |
|
WEEK4 |
|
Unit
5: Risk
and Uncertainty in Agriculture. |
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Unit6: Agricultural Price
Policy. |
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WEEK 5 |
|
Unit
7: Agricultural
Marketing. |
|
WEEK 6 |
|
Unit
8: Agricultural
Finance. |
|
WEEK 7 |
|
Unit
9: New
Technologies in Agriculture. |
|
WEEK 8 |
|
Unit
10:
Agricultural Labour. |
|
WEEK 9 |
|
Unit
11: Economics
of Agricultural Production. |
|
Unit
12: Theories
of Agricultural Production. |
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WEEK 10 |
|
Unit
13: Food
Security. |
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WEEK 11 |
|
Unit
14: Public
Distribution System. |
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WEEK 12 |
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Unit
15: Agribusiness. |
1. Lekhi, R.K. and Singh, Joginder (2015). Agricultural
Economics -An Indian Perspective, Kalyani Publishers, New Delhi.
2. Reddy S.S., Ram, P.R.Sastry, T.V.N., Devi, I.B. (2012) Agricultural
Economics, Oxford & IBH publishing co. Pvt.ltd., New Delhi
3. Kapila, U. (2016.), "Indian Economy: Issues in
Development and Planning and Sectoral Aspects" in Kapila, U. (ed.) Indian
Economy Since Independence, Academic Foundation, New Delhi.
4. Sastry, S. S., & Devi, I. B. (2020). Agricultural
Economics (2nd ed.). New Delhi: CBS Publishers & Distributors Pvt. Ltd.
5. Chandra,
B., Mukherjee, M. & Mukharjee, A. (2008).
“Agriculture Growth and Green Revolution”. India Since Independance (Vol 12)
Dr. Sarmistha Rani Baruah
Krishna Kanta Handiqui State
Open University (KKHSOU), Guwahati
Dr Sarmistha Rani Baruah is an Assistant Professor at Krishna Kanta
Handiqui State Open University, where she has been serving since 2015. She also
holds the position of Assistant Registrar (Examination In-charge),
contributing to the smooth administration of academic assessments. She
has been a recipient of various accolades, including the prestigious Shyam
Sundor Award for excellence in Mathematics and multiple merit scholarships. She was awarded Ph.D. degree by Assam Agricultural
University in the year 2017 specializing in the diversity of Citrus of Assam.
She has developed a four-week self-paced course on Capacity Building of Tea
Growers under the UNESCO Chair OER4BW initiative. She has also created a
MOOC module on the SWAYAM platform to enhance learning opportunities. In addition
to these, she is an active participant in national and international
conferences and published number of research articles in regional, national and
internarial journals, conference proceedings.
Dr. Parag Dutta
Krishna Kanta Handiqui State
Open University (KKHSOU), Guwahati
Dr. Parag
Dutta is an Associate Professor
in Economics at Krishna Kanta Handiqui State Open University, Guwahati, Assam.
With a Ph.D. from the Indian Institute of Technology Guwahati (2013) and over
14 years of teaching experience, he specializes in Econometrics, Financial
Systems, and Operations Research. His research primarily focuses on Public
Economics, employing advanced methodologies like time-series and panel data
analysis using software such as SPSS, STATA and E-Views. Dr. Dutta has
published extensively in reputed international and national journals,
contributing to critical areas like fiscal sustainability, public
infrastructure, and economic growth. He has also guided MPhil dissertations and
currently supervises six Ph.D. scholars. He is an accomplished academic editor,
serving as the editor of the Journal of Open Learning and Research
Communication. In addition to his academic achievements, Dr. Dutta actively
participates in capacity-building programs, national and international
seminars, and as a resource person in workshops on research methodology and
data analysis. Recognized for his dedication, he received the Best Teacher
Award (2019) and the AAOU-COL Fellowship (2022). A commissioned Sub-Lieutenant
in the NCC, Dr. Dutta embodies a dynamic blend of academic rigor, research
excellence, and leadership in education.
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