Farm Managerial Economics

by K Nirmal Ravi Kumar

ISBN: 9789351240488
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Imprint : Daya Publishing House
Year : 2021
Price : Rs. 19995.00
Biblio : xxiv+680 p., figs., tabls., 25 cm

Author Profile

Dr. K. Nirmal Ravi Kumar is presently working as Professor and Head (Agricultural Economics) in Agricultural College, Mahanandi in Acharya N.G. Ranga Agricultural University. He is actively involved both in agricultural research and teaching activities during the past thirteen years in the University. He published 10 books and more than 55 articles. His interested areas include International trade of Indian agriculture, Farming systems approach, Irrigation water management etc. Kalyan Chakravarthy Guntuboyina is a “Senior Researcher” with Wageningen UR and his main area of expertise is in public-private-partnership (PPP) framework development for sustainable agri-business projects. Kalyan has held several honorary positions which include, Member of Planning Commission’s working group on Animal Husbandry and Livestock (2011) and Convenor of Agri-business sub-committee of Indian Banks Association (2009 -2010). He is presently a Member of the Advisory Committee of Post Graduate Diploma programme of National Institute of Agriculture Extension Management (MANAGE), India.

About The Book

Having a thorough knowledge on the fundamental aspects of any subject is essential to analyze and understand its advanced versions. The same is conceptualized in this textbook entitled, ‘Farm Managerial Economics’, as it deals with all the basic economic concepts of farm management in a more analytical manner. Though several books were authored in the field of farm management, this book is relatively a significant achievement, as it offered simple and lucid explanation for different concepts and primarily designed as an aid for those teaching Farm Managerial Economics. This book harbours an up-dated and standard material on the various aspects of Farm Managerial Economics duly covering the latest syllabi, as prescribed by several State Agricultural Universities in India. It covers both fundamental and applied aspects and is intended to serve as a basis for a course in Farm Managerial Economics and attempts at satisfying a need of under-graduate students of agriculture and post-graduate students of Agricultural Economics. It is hoped that, this book will also be worthwhile to teachers, researchers, professionals, farmers etc. Hope this volume will also be very useful to the students, who desire to be competent enough in various competitive examinations.

Table of Contents

vii ix Foreword Authors' Note Acronyms xix 1. Introduction to Farm Management 1 2. Economic Principles of Farm Management 37 3. Farm Resources Management 183 4. Farm Business Analysis 303 5. Farm Financial Statements 337 6. Costs and Returns of Enterprises 373 7. Farm Planning and Budgeting 405 8. Risk and Uncertainity in Farm Business 429 9. Linear Programming 459 10. Agricultural Projects Evaluation 577 11. Financing the Farm Business 631 References 671