The department started functioning in 1960 with only under-graduate courses. The Master’s degree programme was started in 1963 and the Ph.D. degree programme in 1970. A new Master’s degree programme was opened in Rural Banking in 1976. This rural banking programme was discontinued in 1998-99 as the expansion phase of rural banking was over. The department now engages itself in the three core activities of teaching, research and extension which constitute the integrated system of education of the university.

 Thrust research areas:

In the past 47 years of its existence, the department has built up expertise in almost all major fields of agricultural economics. Presently, the department has identified the following research thrust areas for agricultural economics research.  

Ø      Farming system- diversification, income, employment, capital requirements, energy needs, risk and sustainability

Ø      Capital formation in Indian Agriculture- trends and determinants

Ø      Economics of resource use/conservation

Ø      Agro-input marketing and price behaviour of agro-output and agro-input

Ø      International trade and agricultural export

Ø      Cost and availability of finance to farmers with change in credit policies and their linkage with farm production structure and marketing, viability of credit institutions and cooperatives in changing rural economic environment.

Faculty members:

Degrees Offered:

• M.Sc. Ag. (Agricultural Economics)
• Ph.D. (Agricultural Economics)

 Courses Offered under different Programmes

1.      Ph.D.  (Agricultural Economics)

      Core courses

Ø      AEC-710 Advance Econometrics                                                3(2-0-1)

Ø      AEC-715 Operational Research for Ag. Decisions                       3(2-0-1)

Ø      AEC-600  Seminar                                                                      1(0-0-1)

Basic Supporting Courses

Ø      Elective Optional Courses

Ø      Minor

Ø      Thesis

2.      M.Sc. Ag. (Agricultural Economics)

      Core Courses

Ø      AEC-500 Micro Economic Theory and Application                        3(3-2-0)

Ø      AEC-501 Micro Economic Theory and Policy                                3(3-2-0)

Ø      AEC-510 Elementary Econometrics                                                2(1-1-1)

Ø      AEC-515 Linear Programming Methods                                         2(1-1-1)

Ø      AEC-620 Agricultural Marketing & Price Analysis              2(1-1-1)

Ø      AEC-640 Agriculture Production Economics                                  2(1-1-1)

Ø      AEC-600 Seminar                                                              1(0-0-1)

Basic Supporting Courses

Ø      Elective Optional Courses

Ø      Thesis

Deficiency Courses

Ø      AEC-411 Economic Theory                                                           3(3-2-0)

Deficiency Courses for the Students coming from non-agriculture stream

Ø      AEC-400 Agricultural Economics –I                                               3(3-2-0)

Ø      AEC -412 Agricultural Economics-II                                              3(3-2-0)

Optional Courses (Common for M.Sc. & Ph.D.)

Ø      AEC-520 Advance Fisheries Economics                                         3(2-0-1)

Ø      AEC-541 Livestock Economics                                                      3(2-0-1)

Ø      AEC-564 Consumption Economics                                                3(2-0-1)

Ø      AEC-570 Principles & Practices of Banking                                   3(2-0-1)

Ø      AEC-571 Accountancy and Book Keeping                                    3(2-0-1)

Ø      AEC-601 Special Problem                                                             1(0-0-1)

Ø      AEC-602 Economics of Development & Growth                3(3-0-0)

Ø      AEC-603 Monetary Theory and Policy                                           2(2-0-0)

Ø      AEC-619 Research Methodology                                       2(1-0-1)

Ø      AEC-645 Resource Economics                                                      3(2-0-1)

Ø      AEC-651 Agricultural Policy                                                          3(2-0-1)

Ø      AEC-655 Economic Planning for Agriculture                                   3(2-0-1)

Ø      AEC-665 Advance Agricultural Finance                                         3(2-0-1)

Ø      AEC-667 Project Planning Appraisal & Financing               2(2-0-1)

Ø      AEC/AST-703 Seed Business Management                                   2(2-2-0)

Ø      AEC-720 Advance Agricultural Marketing                          3(2-0-1)

3.      B.Sc. Agriculture

Ø      AEC-200 General Economics                                                            2(2-2-0)

Ø      AEC-321 Agricultural Marketing & International Trade                      3(2-0-1)

Ø      AEC-331 Farm Management & Natural Resource Economics           3(2-1-1)

Ø      AEC-361 Agricultural Coop., Finance & Business Management         3(2-0-1)

Ø      APA/AEC/AAN-360  Farming System & Sustainable Agri.   2(2-0-0)

4.      B.Sc. Food Technology

Ø      AEC-200 General Economics                                                            2(2-2-0)

5.   B.F.Sc.

Ø      AEC-345 Fisheries Economics                                                          3(2-0-1)

6.      B.Sc. Home Science

Ø      HRM/AEC-496 Entrepreneurship                                                      3(3-0-1)

7.      M.Sc. Home Science

Ø      AEC-564 Consumption Economics                                                   3(2-0-1)

Minor in Agricultural Economics for other majors

Compulsory Courses

Ø      AEC-500 Micro Economic Theory & Application                              3(3-2-0)

Ø      AEC-640 Agriculture Production Economics                                     2(1-1-1)

Elective optional courses – Any 5 credits from optional courses offered for Ph.D. (Agril. Economics) degree programme

Important facilities available in the department:

v     A well equipped computer laboratory

v     Departmental Library

v     Seminar room

v     Class room