Department of Agricultural Economics is an applied field of economics in which the principles of choice are applied for the use of scarce resources such as land, labour, capital and management in farming and allied activities. It deals with the principles that help the farmer in the efficient use of land, labour and capital. Its role is evident in offering practicable solutions in using scarce resources for maximization of income to the farming community and agribusiness enterprises.
Objectives
The primary objective of agricultural economist is to maximize profitability in agriculture to the benefit of society.The department works on fulfilling the following objectives:
i.To make students capable to understand the functioning of agricultural economic system in the country
ii.To help in the preparation of model agribusiness projects
iii.To assess the market of various agricultural commodities in India and abroad
iv.To prepare and evaluate strategies for marketing of agricultural commodities
v.To monitor agribusiness project implementation
vi.To identify business opportunities in the area of agribusiness
Courses Offered
1)Fundamentals of Agricultural Economics, Agricultural Finance and Co-operation
2)Fundamentals of Agribusiness Management
3)Farm Business Management
4)Agricultural Marketing Management
5)Agribusiness Entrepreneurship and Project Management
6)RAWEP - Rural Economics and Agro-Industrial Attachment
7)Earn While Learn Project
8)Farmer Producer Organizations and FP Companies