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Agricultural development can be seen as an indicator of determining the extent of development of a country. To this end, agricultural development and rural development can be viewed as a… Read More

Given the definition of agricultural economics in the previous article, there is a need to provide some basic guidance to the field of economics, especially for those who may not… Read More

Everybody is interested in prices, either as a producer or a consumer. In agriculture, price theory is concerned with the economic behavior of farmers, consumers, and owners of factors of… Read More

Firms, including agricultural enterprises, produce commodities to generate profits. In the process of making these commodities available, firms incur costs. These costs significantly determine the profit level of the producer… Read More

In this article, the different farm resources available to the farmer, their nature, type, and valuation will be considered. This is important for planning the allocation of these resources. Planning… Read More

The revenue of an agricultural firm is derived from the sale of its products. Similar to the concept of costs discussed earlier, various revenue concepts also exist in agricultural production.… Read More

The field of agricultural economics has become popular in Nigeria’s economy, and the agricultural industry is undoubtedly benefiting from the inputs of agricultural economists in the management of scarce resources… Read More

Production economics, though a discipline in agricultural economics, does not exist in isolation. In this article, the basic linkages between production economics and other fields of endeavor will be highlighted.… Read More

In this article, the focus is on developing and improving farm records. It introduces record-keeping and record analysis, the selection of a record-keeping system, and a comparison between manual and… Read More

Once a farm record-keeping system has been established, analyzing the records can begin. Decision-making can be greatly enhanced by analyzing both production and financial records and their impact on profitability.… Read More

To ensure effective management strategies and assist in implementing agrarian programmes globally, appropriate international organizations, with FAO as a leading agency, consider adopting specific measures in the field of agrarian… Read More

The resources of the Regional Centre on Agrarian Reform and Rural Development include: i. Any premises, equipment, and other facilities owned by the centre. ii. The annual contributions from the… Read More