Agriculture Economics Study
Agriculture Economics Important Study Material
System of co-operating farming
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System of co-operating farming | Ownership | Operation |
Co-op. Better farming | Individual | Individual |
Co-op. Joint farming | Individual | Collective |
Co-op. Tenant farming | Collective | Individual |
Co-op. Collective farming | Collective | Collective |
Important Economics Theory & Their Economist
Theory/idea/principle | Economist |
Rent theory of profit | F. A. Walker. |
Population Theory | Malthus |
Theory of social change | E. Hagen |
Spread effects | Myrdal |
Theory of rent | Richardo |
Unlimited supplies of labour | Arthur Lewis |
Migration & unemployment theory | Harris Todaro |
Critical minimum effect | Leibenstein |
Big push theory | Rosenstein Rodan |
Financial dualism | Myint |
Relative income theory | J. S. Dus unberg |
Social dualism | J. H. Bocke |
Technological dualism | Higgins |
Back wash | Myrdal |
Golden rule of accumulation | Phelps |
Terminology for Marketing situation
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Market situation | No. of buyer/seller |
Monopoly | Single seller |
Monopsony | Single buyer |
Duopoly | Two sellers |
Duopsony | Two buyers |
Oligopoly | Few sellers |
Oligopsony | Few buyers |
Monopolistic | Large no. of buyers and sellers |
Bilateral monopoly | Single buyer and single seller |
Production problem & Relationship
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Production problem | Relationship |
How to produce ? | factor-factor |
What to produce? | product-product |
How much to produce ? | factor-product |
More One Liner | Open |
More Agriculture Knowledge | Open |
Good question sir