Your roadmap · आपका रोडमैप
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Admission & first meetingप्रवेश और पहली मुलाकातEnquire at your nearest NDSS centre, meet the teacher, fix the batch time and get your study material.
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Part 1 of the syllabusपाठ्यक्रम भाग 1Unit-wise coaching with notes and doubt classes.
Unit 1: Farm Management - Meaning, Scope and DecisionsUnit 2: Production Function and Economic PrinciplesUnit 3: Farm Planning, Budgeting and Records
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Part 2 of the syllabusपाठ्यक्रम भाग 2Unit-wise coaching with notes and doubt classes.
Unit 4: Cost Concepts and Farm Efficiency MeasuresUnit 5: Risk and Uncertainty in FarmingUnit 6: Resource Economics
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Unit tests & assignmentsयूनिट टेस्टRegular tests in the university / board pattern.
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Semester 6 exam (university / board)विश्वविद्यालय / बोर्ड परीक्षाPrevious papers and full revision before the exam.
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Online tests & resultऑनलाइन टेस्ट और रिज़ल्टTake the tests online; your marks and result show in your student login and at the centre.
Syllabus · पाठ्यक्रम
1 subject · 6 chapters · 26 topics
01Unit 1: Farm Management - Meaning, Scope and Decisions
4 topics+
- Definition and scope of farm management
- Relationship with other sciences
- Farm management decisions
- Characteristics of farming as a business
02Unit 2: Production Function and Economic Principles
6 topics+
- Production function and law of diminishing returns
- Three stages of production
- Factor-product relationship
- Factor-factor and least cost combination
- Product-product relationship
- Opportunity cost, equi-marginal and comparative advantage principles
03Unit 3: Farm Planning, Budgeting and Records
4 topics+
- Farm planning: steps
- Partial and complete budgeting
- Linear programming in farm planning
- Farm inventory, records and accounts
04Unit 4: Cost Concepts and Farm Efficiency Measures
4 topics+
- Fixed and variable costs
- Cost A1, A2, B1, B2, C1, C2, C3
- Gross income, net income, family labour income
- Farm efficiency measures
05Unit 5: Risk and Uncertainty in Farming
4 topics+
- Types and sources of risk
- Risk versus uncertainty
- Risk management: diversification, insurance, contract farming
- PMFBY and crop insurance
06Unit 6: Resource Economics
4 topics+
- Natural resources: renewable and non-renewable
- Common property resources
- Externalities and market failure
- Sustainable use of land, water and forests
About this course
You will be able to
- Explain the meaning, scope and decision areas of farm management
- Apply production function concepts and economic principles (factor-product, factor-factor, product-product)
- Prepare farm plans and budgets and maintain farm records and accounts
- Work out cost concepts (A1, A2, B1, B2, C1, C2, C3) and farm income measures
- Explain risk and uncertainty in farming and ways to manage them
- Explain resource economics: renewable and non-renewable resources, externalities and common property
Who it is for
- B.Sc (Hons.) Agriculture students of Semester 6 (ICAR 5th Deans' Committee syllabus)
- Students of agriculture colleges affiliated to UP state universities and agricultural universities
- Students preparing for ICAR-JRF (agricultural economics), bank AFO and agriculture officer exams
What you need
- Fundamentals of Agricultural Economics (Semester 1)
Online tests & result
Practice and unit tests online; marks and result show in your student login and at the centre.
Student login →
Questions
Which syllabus does this course follow?
The course follows the ICAR 5th Deans' Committee B.Sc (Hons.) Agriculture syllabus used by UP agricultural universities (CSAUAT Kanpur, ANDUAT Ayodhya, SVPUAT Meerut, BUAT Banda) and agriculture colleges of UP state universities. Where your own university syllabus differs, the centre follows your university syllabus.
Are numericals important?
Yes. MPP, optimum input use, cost concepts and farm income measures are practised with examples.
Is farm budgeting taught practically?
Yes. A complete budget for a 1 ha farm of UP is prepared in class.
Do you give tests?
Yes. Unit tests and model papers are given.
