ARD 251: INTRODUCTION TO AGRICULTURAL ECONOMICS

Module 1: Scope and Nature of Economics

Unit 1 Scope and Nature of Economics

Unit 2 Meaning of Agricultural Economics

Module 2: Demand, Supply and Price Theory

Unit 1 Theory of Demand

Unit 2 Theory of Supply

Unit 3 Concepts of Elasticities of Demand and Supply

Unit 4 Price Theory

Module 3: Theory of Production

Unit 1 Meaning of Production

Unit 2 Production Function

Unit 3 Production Relationships - Factor - Product Relationship

Unit 4 Production Relationships - Factor- Factor Relationship

Unit 5 Production Relationships - Product-Product Relationship

Module 4: Theory of Cost

Unit 1 Meaning and Structure of Costs

Unit 2 Measurement of Costs

Unit 3 Agricultural Cost Functions

Module 5: Agricultural Marketing

Unit 1 Meaning of Markets

Unit 2 Types of Markets

Unit 3 Agricultural Marketing

Module 6 Agriculture in Nigeria’s Economy

Unit 1 Agriculture in Nigeria’s Economic Development

Unit 2 Problems of Nigerian Agriculture