Agriculture Economics Study

Agriculture Economics Important Study Material
System of co-operating farming
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| System of co-operating farming | Ownership | Operation |
| Co-op. Better farming | Individual | Individual |
| Co-op. Joint farming | Individual | Collective |
| Co-op. Tenant farming | Collective | Individual |
| Co-op. Collective farming | Collective | Collective |
Important Economics Theory & Their Economist
| Theory/idea/principle | Economist |
| Rent theory of profit | F. A. Walker. |
| Population Theory | Malthus |
| Theory of social change | E. Hagen |
| Spread effects | Myrdal |
| Theory of rent | Richardo |
| Unlimited supplies of labour | Arthur Lewis |
| Migration & unemployment theory | Harris Todaro |
| Critical minimum effect | Leibenstein |
| Big push theory | Rosenstein Rodan |
| Financial dualism | Myint |
| Relative income theory | J. S. Dus unberg |
| Social dualism | J. H. Bocke |
| Technological dualism | Higgins |
| Back wash | Myrdal |
| Golden rule of accumulation | Phelps |
Terminology for Marketing situation
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| Market situation | No. of buyer/seller |
| Monopoly | Single seller |
| Monopsony | Single buyer |
| Duopoly | Two sellers |
| Duopsony | Two buyers |
| Oligopoly | Few sellers |
| Oligopsony | Few buyers |
| Monopolistic | Large no. of buyers and sellers |
| Bilateral monopoly | Single buyer and single seller |
Production problem & Relationship
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| Production problem | Relationship |
| How to produce ? | factor-factor |
| What to produce? | product-product |
| How much to produce ? | factor-product |
| More One Liner | Open |
| More Agriculture Knowledge | Open |
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