Agricultural Economics is a field of study that combines principles of economics with agricultural production, distribution, and resource management. It focuses on how to efficiently allocate scarce resources such as land, labor, capital, and technology to maximize agricultural output and profitability. The course covers various aspects, including farm management, agribusiness, rural development, food security, agricultural policy, and international trade. It also examines market structures, price determination, and the role of government policies in shaping agricultural markets. 

Students in this course learn how economic theories apply to agricultural issues, helping them understand how supply and demand affect food production and pricing. They also study risk management strategies, financial planning for farms, and sustainable agricultural practices. The impact of climate change, technological advancements, and globalization on agriculture is also explored. 

Agricultural Economics provides analytical tools for solving real-world problems related to food production, distribution, and rural development. Graduates can pursue careers in government agencies, agribusiness firms, financial institutions, research organizations, and international development agencies. The course equips students with knowledge and skills to contribute to efficient agricultural systems, ensuring food security and economic growth.