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This book is intended primarily for students of agricultural economics. It provides an elementary statements of some of the analytical tools used in agricultural economics. Main objectives is to provide a theoretical foundation for use in analysis of agricultural economics problems. We believe that students can obtain greater benefits from studies in agriculture and economics development, agriculture production economics, agricultural distribution economics and some important issues related to agriculture in developing economics. The book has been so designed as to serve the requirement of students both at the undergraduate and post-graduate levels, as also the teachers, researchers and agronomist alike. The book is broadly divided into four sections. Contents : PART ONE Introduction PART TWO 1. Production Economics 2. Isoquant-Isocost Production Function: A Non-Conventional Approach 3. Multiple Output with Open Input Analysis 4. Cost, Revenue and Profit Maxmization 5. Risk and Uncertainty in Framing 6. Cobb-Douglas Production Function: A Critical Evaluation PART THREE 1. Consumption Economics 2. Demand Analysis of Farm Products 3. Demand and Supply- Price Determination 4. Price-Policy PART FOUR 1. Agriculture in Indian Plan: An Assement of Achievement and Failures 2. A note on Green Revelation 3. Farm-size, production and Productive Debate 4. Land Reforms: Some Important Dimensions 5. Marketable and Marketed Surplus 6. Farm Mechanization 7. Agriculture Labor 8. Rural Credit 9. Agricultural Tax 10. The Micro and Macro Dimension of Economic Reforms In India