Production Economics and Farm Management ICAR E course Free PDF Book Download e krishi shiksha

Production Economics and Farm Management ICAR E course PDF Book was developed by ICAR e Krishi Shiksha and TNAU. You Can easily Download it from our website IARI Toppers by clicking on the below given link.We have provided the latest version of Production Economics and Farm Management ICAR Ecourse PDF Book but some mistakes can be found. If you found any mistake, error in this PDF book than feel free to comment below.

Course Content of Production Economics and Farm Management ICAR E course Free PDF Book Download e krishi shiksha:

Introduction to Farm Management
Farm management decision making process ? Production, operational, strategic, administrative and marketing management decisions.
Basic concepts in farm management. Production, types of resources, choice indicators, costs, revenue, profit, total, average & marginal concepts.
Factor – Product relationship – Production function – definition & types – linear, quadratic & Cobb- Douglas functions – Impact of technology.
Law of diminishing returns – 3 regions of production
Cost concepts & interrelations – Optimum level of input use and optimum production
Economies of scale – external and internal economies and diseconomies – Returns to scale – Economies
Factor – Factor relationship – Principle of substitution – isoquant, isocline
Expansion path, ridgeline and least cost combination of inputs
Product – Product relationship – types. Production possibility curve, iso revenue line and optimum combination of outputs
Equi-marginal returns and Opportunity cost – comparative advantage
Concepts of Risk and uncertainty – types of uncertainty in agriculture – anagerial decisions to reduce risks in production process
Management of Important Farm Resources
Farm Financial Analysis – Balance sheet – Income statement – Cash flow analysis – Ratio analysis
Farm Investment Analysis – Time comparison principles – Discounted and undiscounted measures.
Farm planning and control – Elements of planning, objectives, steps and formulation of farm plans – Farm level management information systems.
Farm Budgeting partial, enterprise and complete budgeting.

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