CPS302: Principles of Farm Management and Marketing 6 credits (40-10-10)

Objectives

To impart on students the essential skills of farm management that can empower them to run a profitable horticultural enterprise and strengthen their entrepreneurial skills.

Contents

Basic economic concepts of agricultural economics; demand and supply; price fixing; concept and scope of farm management; management function; organisation of farm setup; farm records and accounting; asset valuation and depreciation schedule; production function and decision making; concept of economic optimum; farm budgeting and linear programming; personnel management; management decisions under imperfect knowledge; marketing operations and services; marketing agencies and channels; Market information and intelligence; market regulation; problems of agricultural marketing.