Faculty of Agricultural Science and Technologies

This course has been designed to familiarize the students of agriculture with the ways in which prices are determined in different markets depending on the numbers of buyers and sellers and the diversity of products. Concepts like "buyers markets" and "sellers markets" are presented. The determinants of market power are discussed. Pricing strategies are reviewed in the light of the market power or bargaining power of the parties engaged in the exchange. The role of collusion in the determination of prices in markets with few participants is discussed with real life examples. Bargaining techniques are analysed. "Floor Prices" set by governments for some agricultural products and government subsidies for farmers are explained with reference to real life examples. Throughout the course students are give special tasks and research problems involving real agricultural markets.  

Agriculture is a primary activity in that it preceeds and supports all other productive human activity. It is as much social as it is economic and has an urgency and priority over all other human endevours. The main focus of this course is to impress unto the student the fact that agriculture is a human activity carried on in partnership with nature and that the first rule of agriculture is that respect to nature and its manifestations is of utmost importance. Agriculture is the only productive human activity with the possibility of replacing as well as enhancing the resources it utilizes. Agricultural production is the starting point of all other human productive activities. Without a surplus produced in agriculture no other human endevour is possible. Thus agriculture is where crafts, industry, trade and dealings in money begin. Despite its manifest importance the world economic system does not give agriculture its due. Prices of agricultural commodities fluctuate with great amplitudes an farmers are among the poorest producers in the world.

The main objective of this course is to teach the student how agriculture is a business activity like any other business. An agricultural enterprise be it individually owned as a single proprietorship entity or as a registered company faces risks the same way companies in other productive areas do. It also has to take into account costs and break even points in output. The nature and type of competition in markets where it obtains its inputs as well as in markets where it sells its output is of crucial importance to its profitability and longevity. An agricultural enterprise needs to plan and organize its cash flows in the same way as other businesses. Technology is as important to agriculture as it is for any other type of enterprise. Having finished the course the student will see the agricultural enterprise as a living economic entity which needs appropriate care and professional management.

Aim of the course is to teach the basic knowledge on irrigation and drainage in agriculture. In details: Soil-crop-water relationships, chemical and physical properties of irrigation water, water sources, irrigation methods, time or period of irrigation for given crops such as orange or wheat, importance of drainage in agricultural lands, effects of excessive watering on cultivated crops. Present problems of irrigations in various regions.

This course is designed to give first year agriculture student a concrete perspective of the development of agriculture over time. It points out significant events in the development of agriculture in the areas of technology, seed selection and development and the organization of production. The impact of these significant developments on ownership, employment and the cration of wealth is demonstrated with reference to historical cases.