Agricultural Economics

Agricultural Economics is a field of economics that deals with the production, distribution, and consumption of agricultural goods and services. It studies the economic principles and practices relevant to farming, food production, and rural development. This discipline analyzes how resources are allocated within the agricultural sector, evaluates the impacts of policies on agriculture, and assesses market dynamics related to food and agricultural products. It also encompasses issues such as farm management, agricultural policy, trade, and the socio-economic factors affecting farming communities. Agricultural economists apply quantitative and qualitative methods to solve problems related to food security, sustainability, and economic viability in agriculture.