This book deals with two important aspects of both agricultural and applied economics, namely production economics and farm management economics. Under production economics, the basic concepts and principles of factor product, factor-factor and product-product relationship and production costs, etc., are covered with line drawings and tabular data. In farm management economics, principles and management decisions in farming systems, management of farm labour and machinery, farm costing, business analysis, accounting, efficiency measures, inventory, planning budgetary etc.are covered with supporting data. This book is more paractical in its approch and covers both fundamental and applied aspects. The material is presented in easy and simple language with relevant data. Both under-graduate and post-graduate students of agricultural universities, students of applied economics of other universities will find this book ideally suited to their requirements. It can also serve as a textbook for B.Sc. (Ag.), B.Sc, ( Horti.),B.Tech (Ag.Engg.0 etc. This book is also useful as a reference for teachers and research workers in agriculture, agriculture economics, applied economics, and economics, etc.
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