Agricultural economics is a field that applies economic principles to agriculture and the agribusiness sector. It focuses on the production, distribution, and consumption of agricultural goods and services, examining how resources such as land, labor, and capital are allocated within the agricultural industry. The course integrates economic theories with real-world agricultural issues, including farm management, food security, rural development, and environmental sustainability. 

Students learn about microeconomics and macroeconomics in the context of agriculture, exploring topics such as market structures, price determination, supply and demand, and policy analysis. The course also covers agribusiness management, trade, and the role of government regulations in agricultural markets. With the increasing impact of globalization and technology, agricultural economics also examines international trade policies, food distribution networks, and the effects of climate change on agricultural productivity.

The course is interdisciplinary, drawing from fields such as finance, statistics, environmental science, and sociology to provide a comprehensive understanding of agricultural systems. Practical applications include farm planning, risk management, and the use of economic models to analyze agricultural trends. Graduates can pursue careers in agribusiness, government agencies, international organizations, research institutions, and financial services related to agriculture. The study of agricultural economics is essential for addressing global challenges such as food insecurity, sustainable farming, and the economic viability of rural communities.