Department of Agricultural Economics

            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 51 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 behavior 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:

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

 Courses Offered under different Programmes

1.      Ph.D.  (Agricultural Economics)

      Core courses  (12 credits)

Ø      AEC-700 Advance Micro Econometric Theory                          2(2-2-0)

Ø AEC-701 Advance Macro Econometric Theory                         2(2-2-0)

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

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

Ø      AEC-788 Doctoral Seminar -I                                                    1

Ø      AEC-789 Doctoral Seminar -II                                                   1

Basic Supporting Courses 

Ø  Elective Optional Courses  (3 credits)

 BPS -577  Multivariate Analysis &Official Statistics                    3(2-0-1)

Ø Optional courses   (5 credits)                                                          5

Ø      Minor         (10 credits)                                                                  10

Ø      Thesis  Research (45 credits)          

 AEC- 790     Ph.D. Thesis Research                                                  45

    Compulsory Courses for Minor for other Discipline

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

              AEC -640      Agricultural Production Economics                          2(1-1-1)

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

      Core Courses

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

Ø      AEC-501 Macro 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 (6 credits)

          BPM-501  Linear Algebra &Advanced Calculus                             3(3-2-0)

          BPS - 561  Statistical Method                                                           3(2-0-1)

   Ø Optional / Minor courses   (9credits)                                                  9

Thesis Research  (20 credits)

  AEC-690    Master’s Thesis Research                                                        20

Deficiency/ Remidial Courses

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

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

Ø      AEC-435  Farm Managament Analysis                                         3(3-2-0)

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

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

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

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

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

3.      B.Sc. Agriculture

Core

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

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

Ø      AEC-331 Farm Management, Production & Natural Resource Econ. 2(1-2-1)

Ø      AEC-341 Agricultural Coop., Finance & Business Management         2(1-1-1)

   Electives

Ø  AEC 364 Financial Management of Agri-business                       3(1-0-2)

Ø  AEC 365 Project Formulation, Evaluation & Monitoring             3(1-0-2)

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)

Ø  AEC 348 Financing & Marketing Management in Fisheries        2(1-0-1)

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

Course Offered by Department of Agricultural Economics