Learn Farm Management with Rahul

About Course

Master the art of efficient farm management and economic planning in agriculture. Learn strategies for maximizing productivity, optimizing resource use, and creating sustainable farm plans. Perfect for students and professionals seeking practical skills in agricultural economics and planning.

Course Content

Introduction to farm management – definition, nature, and scope
This lesson will discuss about the definition, nature and scope of farm management.

Farm management in relation to other science, farm management and farming systems

Production economics and production relationships
Factor-product relationships, factor-factor relationships, product-product relationships

Principles involved in farm management decisions
The principle of diminishing return, cost principle, the principle of substitution, the principle of combining enterprise, The principle of equimarginal returns, the principle of comparative advantages, the principle of time comparison

Farm planning – principles and techniques of farm planning
It includes making decisions regarding the organization and operation of a farm business so that it results in a continuous maximization of net returns of a farm business.

Farm budgeting
Partial and complete budgeting, steps in farm planning and budgeting

Farm records, accounts, and their types
It is essential for a systematic and accurate farm records is helpful for the projection of successful plan and program for betterment.

Farm inventory
It includes a complete listing of all that a farm owns and owes at a particular date, generally at the beginning and at the end of each agricultural year.

Measuring financial conditions and farm profits

Farm prices and production efficiency

Factors affecting farm cost and incomes

Introduction to linear programming

Risk and uncertainty management
This topic describes what risk and uncertainty is.

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About Course

What Will You Learn?

Course Content

Introduction to farm management – definition, nature, and scope This lesson will discuss about the definition, nature and scope of farm management.

Farm management in relation to other science, farm management and farming systems

Production economics and production relationships Factor-product relationships, factor-factor relationships, product-product relationships

Principles involved in farm management decisions The principle of diminishing return, cost principle, the principle of substitution, the principle of combining enterprise, The principle of equimarginal returns, the principle of comparative advantages, the principle of time comparison

Farm planning – principles and techniques of farm planning It includes making decisions regarding the organization and operation of a farm business so that it results in a continuous maximization of net returns of a farm business.

Farm budgeting Partial and complete budgeting, steps in farm planning and budgeting

Farm records, accounts, and their types It is essential for a systematic and accurate farm records is helpful for the projection of successful plan and program for betterment.

Farm inventory It includes a complete listing of all that a farm owns and owes at a particular date, generally at the beginning and at the end of each agricultural year.