The Bhopal School of Social Sciences, Bhopal
(M.P)
(An Autonomous College Reaccredited with ‘A+’ Grade by NAAC
Affiliated to Barkatullah University, Bhopal)
Department of Economics
Academic Year: 2024-25
B.A (Economics)
Semester -VII
Name of the Program: BA Economics Program Code: 7
Name of the Group: DSE
Name of the Course: Agriculture Economics
Course Code: BA714.3 Total Duration: 60 Hrs Max. Marks: 100
(Type-1) Credits- 4 (Internal:40+Theory: 60)
Course Outcomes:
1. CO1 Students will be able to demonstrate knowledge of Agriculture development theories.
2. CO2 Students will develop understanding of agricultural production and farming systems.
3. CO3 Students will be able to identify allied activities of agriculture and analyze their effect on
the environment.
4. CO4 Students will develop an understanding of the relationship between agricultural finance
and marketing with economic growth.
5. CO5 Students will be able to examine the new trends in the agriculture sector.
SYLLABUS
Agriculture Economics
Title/Topics Duration
Unit Marks
(In Hours)
Topics Introduction:
I 1. Agricultural Economics-Definition, Nature, Scope and 12 20
Importance
2. Inter-Sectoral Linkages of Agriculture
3. Mellor's Theory of Agriculture Development
4. Fei-Rains Model of Agriculture Development
5. Schultz and Boserup's Theory of Agriculture
Development
Title/Topics Duration
Unit Marks
(In Hours)
Agricultural Production and Farming System:
1 Production Functions - Factor-Product, Factor-Factor and
Product-Product Relationships.
[Link] of Farm and Laws of Returns.
II [Link] Tenures and Farming Systems. 12 20
[Link] and Performance of Land Reforms.
[Link] of Marginal and Small Farmers.
Duration
Unit Title/Topics Marks
(In Hours)
Agriculture and Allied Activities and Environment:
III [Link] of Vedic Farming 12 20
[Link] Farming- Definition, Principles, Components
and Relevance in Present Context
[Link] Economy - Livestock Resources and Their
Productivity
[Link] Revolution
[Link] and Poultry Development, Forestry, Horticulture
and Floriculture
[Link] Development and Environment- Effects of
Climate Change and Problem of GroundWater Depletion.
Duration
Unit Title/Topics Marks
(In Hours)
Agricultural Finance and Marketing:
1. Need and Sources of Agricultural Finance - Institutional
IV and Non-Institutional 12 20
2. Agricultural Markets and Market Efficiency
3 State Policy with Respect To Agricultural Marketing
4. Terms of Trade between Agricultural and
Non-Agricultural Prices
5. Agricultural Price Policy - Objectives, Instrument and
Evaluation
Duration
Unit Title/Topics Marks
(In Hours)
V New Trends in Indian Agriculture:
1. Role of Agricultural Sector in Indian Economy - 12 20
National Income and Employment Generation
2. Factors Determining the Growth of Production and
Productivity
3. Role of Public Investment and Capital Formation in
Indian Agriculture
4. Impact of World Trade Organization on Indian
Agriculture
5. Prospect and Problems of Indian Agriculture.
Recommended Books:
1. Bilgrami, S.A.R. (1996) - An introduction to Agriculture Economics, Himalaya
Publishing House, Mumbai.
2. Desai, R. G. (Latest) - Agriculture Economics, Himalaya Publishing House, Mumbai.
3. Rudra, A. (1982) - Indian Agricultural Economics: Myths and Reality. Allied Publishers,
New Delhi.
4. Sadhu, A. N. and Amarjit Singh (Latest) - Fundamentals of Agriculture Economics,
Himalaya Publishing House, Mumbai.
5. Saini, G.R. (1979) - Farm size, Resource Use Efficiency and Income Distribution, Allied
Publishers, New Delhi.
6. Srivastava O.S. (1987), Theoretical Issues of Agricultural Economics, Allied Publishers
Pvt. Ltd., New Delhi.
7. Reddy S.S., R. Ram, N. Sastry and B. Devi (2012), Agricultural Economics, Oxford &
IBH, New Delhi
8. Singh. C.B., Singh,R.K., A Textbook of Agricultural Economics,Laxmi Publications;
First Edition, India, 1 January 2011
9. Dal, BhaniRam, Dall, Mamta. New Agricultural Success Book, PMC Publishers and
Distributors (Fourth Edition), India, 24 December 2020
10. Colman, David and Young, Trevor, Principles of Agricultural Economics: Markets and
Prices in Less Developed Countries, Cambridge University Press, Reprint 2020
