Agricultural economics is a field of study that applies economic principles to agriculture and the food industry. It focuses on how resources such as land, labor, capital, and technology are used in the production, distribution, and consumption of agricultural goods. The course covers topics like farm management, agribusiness, rural development, food policy, and international trade in agricultural products. 

Students learn about market structures, price determination, and the economic impact of agricultural policies. They also explore the role of government intervention, subsidies, and trade policies in shaping the agricultural sector. The course incorporates statistical and analytical tools to assess risks, productivity, and profitability in farming and agribusiness. 

Agricultural economics also addresses contemporary issues such as food security, climate change, and sustainable agriculture. It examines the relationship between agriculture and the broader economy, considering how technological advancements and global trade influence production and market dynamics. Graduates of this course can pursue careers in government agencies, agribusiness firms, research institutions, and international organizations dealing with food and agriculture.