1 PRINCIPLES OF AGRICULTURAL ECONOMICS AEC.1O1 2(2+O) Economics: Meaning, definition, subject matter, divisions, and importance of Economics and Agricultural Economics. Meaning, characteristics, classification and importance of basic concepts like goods, serǀiĐe, ǁaŶts, utility, ĐoŶsuŵptioŶ, ĐoŶsuŵer’s surplus, ǀalue, price, wealth and welfare. Law of diminishing marginal utility. Indifference curves and budget line concepts. Demand: meaning, definition, kinds, demands schedule, demand curve, Law of demand, extension and contraction V/s increase and decrease in demand. Elasticity of demand: types, degrees of price elasticity of demand, methods of measuring elasticity, factors influencing elasticity of demand. Concepts of firm and industry.Supply: meaning, definition, supply schedule, supply curve, extension and contraction V/s increase and decrease in supply, Law of supply, factors influencing supply. Welfare EĐoŶoŵiĐs: ŵeaŶiŶg, Pareto’s optiŵality. National Income: concepts and measurement. Public Finance: meaning and principles. Meaning and classification of Public revenue, Taxes. Cannons of taxation. Public Expenditure and Budget. Inflation and Deflation: meaning, definition, kinds and control measures.
1. 1 PRINCIPLES OF AGRICULTURAL ECONOMICS AEC.1O1 2(2+O)
Economics: Meaning, definition, subject matter, divisions, and
importance of Economics and Agricultural Economics. Meaning,
characteristics, classification and importance of basic concepts
like goods, ser i e, a ts, utility, o su ptio , o su ers surplus,
alue, price, wealth and welfare. Law of diminishing marginal
utility. Indifference curves and budget line concepts. Demand:
meaning, definition, kinds, demands schedule, demand curve, Law of
demand, extension and contraction V/s increase and decrease in
demand. Elasticity of demand: types, degrees of price elasticity of
demand, methods of measuring elasticity, factors influencing
elasticity of demand. Concepts of firm and industry.Supply:
meaning, definition, supply schedule, supply curve, extension and
contraction V/s increase and decrease in supply, Law of supply,
factors influencing supply. Welfare E o o i s: ea i g, Paretos opti
ality. National Income: concepts and measurement. Public Finance:
meaning and principles. Meaning and classification of Public
revenue, Taxes. Cannons of taxation. Public Expenditure and Budget.
Inflation and Deflation: meaning, definition, kinds and control
measures.
2. 2 AEC.1O2 2(1+1) Agricultural finance: nature and scope.
Agricultural credit: meaning , definition, need and classification.
Credit analysis: Rs, Cs & 7Ps of credit, Repayment plans. Time
value of money: compounding & discounting. History of financing
agriculture in India. Commercial banks , nationalization of
commercial banks, lead bank scheme, regional rural banks, scale of
finance. Higher financing agencies, RBI, NABARD, AFC, Asian
Development Bank, World Bank, Insurance & Credit Guarantee
Corporation Of India. Assessment of crop losses, determination of
compensation. Crop Insurance: advantages, limitations in
application & estimation of crop yields. Agricultural
Cooperation: philosophy & principles. History of Indian
cooperative movement: pre-independence & post independence
periods, cooperation in different plan periods. Cooperative credit
structure: Short term(PACS &FSCS) & long term(PCARD). Micro
finance & SHGs. Successful co-operative systems in different
states.
3. 3 AEC.202 2(1+1) Production Economics : meaning, definition,
nature and scope. Basic concepts and terms. Production : factors of
production: meaning and characteristics. Natural Resources: meaning
and classification. Production functions: meaning and types.
Factor-Product relationship; Laws of returns: increasing , constant
and decreasing. Determination of optimum input and output.
Factor-Factor relationship. Product- Product relationship. Types of
Enterprise relationships. Returns to scale: meaning, and
importance. Farm Management: meaning , definition, nature&
scope. Economic principles applied to the farm business. Types
& systems of farming. Farm planning &budgeting. Risk and
uncertainty.
4. 4 AEC.203 2(1+1) Market and Marketing: meaning and
definitions. Components of a market, and classification. Market
structure, conduct and performance. Agricultural Marketing:
concepts, definition scope and subject matter. Market
functionaries/agencies. Producer surplus, Marketable surplus and
marketed surplus. Factors affecting marketable surplus. Market
Integration, Marketing efficiency, Marketing costs, margins and
price spread. Factors affecting the cost of marketing. Cooperative
Marketing. Quality control in agricultural products, AGMARK/FPO.
Types and characteristics of agricultural product prices. Risk in
marketing: meaning and importance, types of risks in marketing.
Speculation and hedging, futures trading, contract farming.
International trade: meaning, Domestic V/s International trade,
advantages, theories, GATT, WTO, implications of AOA, Market
access, domestic support, export subsidies, EXIM-policy and
Ministerial conferences.
5. 5 AEC.301 1(1+0) AGRIBUSINESS: meaning, definition,
importance and structure of agribusiness (input, farm, product
sectors). Agribusiness management: distinctive features, importance
of management, definitions of management. Management functions:
planning, organization, directing, coordination and controlling.
Agro-based industries: importance and need, types of agro-based
industries Institutional arrangement and procedure to set up agro-
based industries, constraints in establishing Agro-based industries
. Production management, marketing management: meaning, definition,
marketing mix, market segmentation, product life cycle. Price
policy : meaning and methods.
6. 6 SOCIOLOGY AND RURAL SOCIOLOGY : Meaning, Definition,
Scope, Importance of Rural Sociology in Agricultural Extension and
Interrelationship between Rural Sociology and Agricultural
Extension. Indian Rural Society, Important Characteristics,
Differences and Relationship between Rural and Urban societies.
Social Groups : Meaning, Definition, Classification, Role of Social
Groups in Agricultural Extension. Social Stratification : Meaning,
Definition, Basis for Stratification, Forms of Social
Stratification-Characteristics and Differences between class and
caste system. Cultural Concepts :Culture, Customs, Folkways,
Ethics, Mores, Taboos, Rituals, and Traditions-Meaning, Definition
and their Role in Agricultural Extension. Social Values : Meaning,
Definition, Types and Role of social Values. Social Institutions :
Meaning, Definition, Major Institutions in Rural Society, functions
and their Role in Agricultural Extension. Social Control : Meaning,
Definition, Need of Social Control and Means of Social Control.
Social Change : Meaning, Definition, Nature of Social Change,
Dimensions of Social Change and Factors affecting Social Change.
Leadership : Meaning, Definition, Classification, Roles of a
Leader, Different Methods of Selection of Professional and Lay
leaders. Meaning, Preamble and characteristics of Constitution of
India ;Fundamental Rights and Duties ;Dire ti e Pri iples of tate
Poli y ;Co stitutio al Pro isio s for Welfare of Cs a d Ts,
Minorities ,Women and Children; Union Executive; President, Vice
President, Prime minister, Council of Ministers-Powers and
Functions; Parliament, Supreme Court of India-Powers and Functions;
State Executive; Governor, Chief Minister, Council of Ministers;
Legislature and Judiciary :Powers and Functions; Electoral Process;
Human Rights Commission-structure ,powers and Functions.
7. 7 AEX.201 1(1+0) Education - Meaning, Definition, Types-
Formal, Informal and Non- formal Education and their
Characteristics. Extension Education and Agricultural Extension-
Meaning, Definition, Concepts, Objectives & Principles. Rural
Development- Meaning, Definition, Concepts, Objectives, Importance
& Problems in Rural Development. Rural Reconstruction efforts
of pre-independence era. Community Development Programme -Meaning,
Definition, Concepts ,Philosophy, Principles, Objectives,
Difference Community Development and Extension Education. National
Extension Service. Panchayat Raj system- Meaning of Democratic
Decentralizatoin and Panchayat Raj, Three tiers of Panchayat Raj
System, Powers, Functions, and Organizational setup. Agricultural
Development Programmes with reference to year of start, Objectives
& salient features- Intensive Agricultural District Programme
(IADP), High Yielding Varieties Programme (HYVP), DPAP, National
Agricultural Extension Programme (NAEP), National Agricultural
Technology Project (NATP), Institution Village Linkage Programme
(IVLP), Watershed Development Programme (WDP), ATMA, ATIC,NAIP.
Social Justice & Poverty alleviation Programmes- Integrated
Tribal Development Agency (ITDA), Integrated Rural Development
Programme (IRDP), Swarna Jayanthi Gram Swarojgar Yojana (SGSY),
Sampoorna Grameen Rozgar yojana (SGRY), Prime Minister Employment
Yojana (PMEY), etc. Women Development Programmes- Development of
Women & Children in Rural Areas (DWCRA), Rashtriya Mahila Kosh
(RMK), Integrated Child Development Scheme (ICDS) and Mahila
Samriddi Yojana (MSY). Programmes for Women Empowerment. New trends
in Extension- Participatory approaches, Self Help Groups,
Privatization. voluntary Organizations in Rural Development.
8. 8 METHODOLOGIES AEX.301 2(1+1) Communication : Meaning
,Definitions, Models ,Elements and their Characteristics ,Types and
Barriers in Communication. Extension Programme Planning : Meaning
,Definitions of Planning, Programme ,Project, Importance
,Principles and Steps in Programme Development Process, Monitoring
and Evaluation of Extension Programmes. Extension Teaching Methods
: Meaning ,Definition, Functions and Classification. Individual
Contact Methods : Farm and Home Visit ,Result Demonstration, Whole
Farm Demonstration ,Field trials -Meaning, Objectives, Steps,
Merits and Demerits. Group Contact Methods : Group Discussion,
Method Demonstration, Field Trips- Meaning ,Objectives, Steps,
Merits and Demerits. Small Group Discussion Techniques - Lecture,
Symposium, Panel ,Debate, Forum ,Buzz Group, Workshop, Brain
Storming, Seminar and Conference Mass Contact Methods Campaign,
Exhibition, kisan Mela, Radio and Television - Meaning, Importance,
Steps, Merits and Demerits. Factors Influencing Selection of
Extension Teaching Methods and Combination (Media Mix) of Teaching
methods. E-Communication, Innovative Information Sources :
Internet, Cyber Cafs, Video and Tele conferences, Kisan Call
Centers, Consultancy Clinics. Agricultural Journalism : Meaning,
Scope and Importance , Sources of News , Types, Merits and
Limitations. Diffusion and Adoption of Innovations : Meaning ,
Definition, Models of adoption Process, Innovation-Decision process
- Elements, Adopter Categories and their Characteristics, Factors
Influencing Adoption Process. Capacity Building of Extension
Personnel and Farmers : Meaning, Definition, Types of Training,
Training to Farmers ,Farm Women and Rural Youth-FTC and KVK.
9. 9 AEX.302 2(1+1) Entrepreneurship Development : Assessing
overall Business Environment in the Indian Economy. Overview of
Indian Social , Political and Economic Systems and Their
Implications for Decision Making by Individual Entrepreneurs.
Globalization and the Emerging Business / Entrepreneurial
Environment. Concept of Entrepreneurship ; Entrepreneurial and
Managerial Characteristics ; Managing an Enterprise ; Motivation
and Entrepreneurship Development ; Importance of planning ,
Monitoring, Evaluation and Follow up ;Managing Competition ;
Entrepreneurship Development Programme ; SWOT Analysis, Generation,
Incubation and Commercialization of Ideas and Innovation.
Government Schemes and Incentives for Promotion of
Entrepreneurship. Government Policy on Small and medium farmers
(SMEs) /SSIs. Export and Import Policies Relevant to Agriculture
Sector. Venture Capital. Contract Farming and Joint Ventures,
Public- Private Partnerships. Overview of Agri inputs Industry.
Characteristics of Indian Agricultural Processing and Export
Industry. Social responsibility of Business. Communication Skills :
Structural and Functional Grammar ; Meaning and process of
Communication , Verbal and Non-verbal Communication, Listening and
Note Taking, Writing Skills, Oral Presentation Skills ; Field Diary
and Lab Record ; Indexing , Footnote and Bibliographic Procedures.
Reading and Comprehension of General and Technical Articles ,
Precise Writing, Summarizing, Abstracting ; Individual and Group
Presentation, Impromptu Presentation, Public Speaking; Group
Discussion. Organizing Seminars and Conferences. UAS DHARWAD /
SSC(AEC & AEX) VS
10. 10 Unit-1: Importance of Agriculture in National Economy;
Basic Principles of crop Production; Cultivation of Rice, Wheat,
chickpea, Pigeon-pea, Sugarcane, Groundnut, Tomato and Mango. Major
soils of India,Role of NPK and their Deficiency symptoms. Structure
and Functions of Cell Organelles, Mitosis and Meiosis; Mendelian
Genetics; Elementary Knowledge of Photosynthesis; Respiration and
Transpiration; Structure and Functions of
Carbohydrates,Proteins,Nucleic acids,Enzymes and Vitamins. Major
pests and Diseases of Rice,Wheat,Cotton,Chickpea,Sugarcane and
their Management. Important Rural Development Programmes in india;
Organizational set up of Agricultural Research,Education and
Extension in india. Elements of Statistics.Measures of Central
Tendency and Dispersion,Regression and Correlation; Concept of
Probability, Sampling Techniques and Tests of significance. Unit-2:
Theory of Consumer Behaviour, Theory of Demand, Elasticity of
Demand, Indifference curve Analysis, Theory of Firm, cost curves,
Theory of Supply, Price Determination, Market Classification,
Concept of Macro Economics, Money and Banking, National income.
Agricultural Marketing- Role, Practice, Institutions, Problems and
Reforms, Role of capital and Credit in Agriculture, crop Insurance,
Credit institutions, Cooperatives, Capital formation in
Agriculture, Agrarian Reforms, Globalization, WTO and its Impact on
Indian Agriculture.
11. 11 Unit-3: Basic principles of Farm Management, Concept of
Farming system and Economics of farming systems, Agricultural
production Economics - scope and analysis, Factor - Product
relationship, Marginal cost and Marginal revenue, Farm Planning and
Budgeting. Agricultural Finance: Nature and Scope. Time value of
money, Compounding and Discounting. Agricultural Credit: Meaning ,
Definition, Need, Classification. Credit A alysis : Rs, Cs a d 7Ps
of redit, Repay e t pla s. History of Financing Agriculture in
India. Commercial banks, Nationalization of Commercial banks. Lead
bank Scheme, Regional Rural banks, scale of Finance. Higher
Financing Agencies, RBI, NABARD, AFC, Asian Development bank, World
bank, Role of capital and credit in Agriculture; Credit
institutions, Co-operatives and Agrarian reforms in India. Unit-4:
Extension Education - Concept, Meaning, Principles, Philosophy,
Scope and Importance; Extension Programme Planning and Evaluation -
Steps and Principles, Models of Organizing Agricultural extension;
Historical development of extension in USA, Japan and India. Rural
Development : Meaning, Importance and Problems ; Rural Development
Programmes in India- Pre-Independence Era to recent ones; Extension
teaching methods, Definition and Concept of Sociology, Differences
between Rural and Urban Communities, Social Stratification., Social
Groups, Social organization and Social Change. Rural Leadership,
Educational Psychology Learning and Teaching, Role of Personality
in Agricultural Extension , Indian Rural system- Its hara teristi s
; Value system, Caste and Class ; Structure and Customs; Rural
group Organization and Adult Education.
12. 12 Unit-5: Communication, Principles, Concepts, Process,
Elements and Barriers in Teaching methods. Different kinds of
Communication methods and Media and AV aids / Materials. Media mix,
campaign, Cyber Extension Internet, Cyber cafe , Kisan Call
centers, teleconferencing , Agricultural Journalism, Diffusion and
Adoption of Innovations Adopter categories, capacity building of
Extension personnel and Farmers Training to Farmers, Women and
Rural Youth. Prepared by, Vasanth kumar c Nothi g is i possi le
EVERYTHING DEPENDS ON UR WILL POWER -vs