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PUBLICATION NO. ICAR/ED(A)
PUB-16/6-2QQ1
CURRICULA ANDSYLLABI FOR
MASTER'S DEGREE PROGRAMS
IN
AGRICULTURAL ECONOMICS
AND
AGRICULTURAL EXTENSION
ACCREDITATION BOARD SECRETARIAT
EDUCATION DIVISION
IMDIAN
COUNCIL OF AGRICULTURAL RESEARCH
KRISHl
ANUSANDHAN
BHAVAN-II,
PUSA. NEW
DELHI-110
012
CURRICULA ANDSYLLABI FOR
MASTER'S DEGREE PROGRAM
IN
AGRICULTURAL ECONOMICS
AND
AGRICULTURAL EXTENSION
ICAR
ACCREDITATION BOARD SECRETARIAT
EDUCATION DIVISION
INDIAN COUNCIL OF AGRICULTURAL RESEARCH
KRISHI ANUSANDHAN BHAVAN-II, PUSA, NEW DELHI-110 012
Publication No.
ICAR/ED(A)
Pub-16/6-2001
PRINTED:
NOVEMBER,
2001
Director
(DIPA)
: A. CHAKRAVARTY
Chief Production Officer : VIRENDER KUMAR BHARTI
Technical Officer : ASHOK SHASTRI
Published by Shri A. Chakravarty, Director (DIPA), Indian Council of Agricultural Research, New
Delhi, Laser typeset by M/s Vee Kay Printers, 37-A,
Kundan
Nagar, Near Bank Enclave, Laxmi Nagar,
Delhi-110092
and printed at M/s
Vinayak
Press,
B-1
111
1,
Okhla,
Phase-I,
New
Delhi-110020.
PREFACE
Technology aided by matching policy and institutional support propelled the productivity-
led growth in crop, animal, fish and horticulture production in India during the post-independence
period. Agricultural growth trend achieved until now outpaced population growth and ensured
food self-sufficiency. The Green, White, Blue and Yellow revolutions bear testimony to the success
of the strategies pursued in the past. For accelerating income growth, alleviating poverty and
enhancing nutrition security, agriculture sector has to move on to a higher growth trajectory in the
coming decades. Ongoing domestic market and trade related reforms underlines the need for ensuring
efficiency, equity and
sustainability
while planning for future agricultural development strategy.
Privatization of services inagricultural sector is beginning to happen. Sharing of agricultural research,
extension and development domains with increasing private sector participation is changing the
structure and composition of agricultural development process itself. Production, efficiency, equity
and sustainability related goals assume conflicting propositions increasing the complexity of
challenges confronting the Indian National Agricultural System. Knowledge and information intensive
agricultural strategy differentiated by specific agro climatic and socio-economic typologies will be
in demand. Agricultural education in social sciences will have to respond to the dynamic agricultural
strategy needs encompassing research, extensionand development domains. Central focus in the
social sciences education will have to be on efficient agricultural technology management including
generation, adoption and diffusion of knowledge intensive technologies.
The Education Division of ICAR has been guiding and coordinating agricultural education in
the country. With the establishment and growth of State Agricultural Universities, revision of courses
and curriculainagriculturaland allied sciences has been taken up periodically through Deans'
committees. The third Deans' Committee in the series on agricultural education (1995) recommended
constitution of separate committee by the ICAR for revision of post graduate curriculain view of
emerging areas, advancement of science and human resource needs in 21st century. Accordingly,
the Accreditation Board of ICAR constituted 16 Broad Subject Matter Area (BSMA) Committees
for restructuring of post graduate course curriculaand other related issues.
The BSMA Committee on Social Sciences coordinated by the Head, Division of Agricultural
Extension,
IARI,
New Delhi was constituted vide ICAR Office Order
No.
l-3/98-Acdn./Edu.
Dated
30.11.98
to examine the present post graduate course curriculaand to revise the same in the
disciplines of AgriculturalExtensionandAgricultural Economics. The six members BSMA Committee
on Social Sciences included Dr. C. Ramasamy, Director, Center for Agriculture and Rural Development
Studies,
TNAU,
Coimbatore; Dr. H.S. Vijaya Kumar, Prof. & Head, Dept. of Agricultural Marketing,
Cooperation and Agri-business Management, UAS, Dharwad,
Karnataka;
Dr. P. Kumar, Head,
Division of Agricultural Economics, IARI; Dr. S. Selvarajan, Principal Scientist
(Agril.
Economics),
NCAP and Dr. Rasheed Sulaiman V, Scientist (Agril.
Ext.),
NCAP as Members and
Dr
B.P.Sinha
(up
to
Feb.1999)
and Dr. Baldeo Singh (from March 1999 onwards), Head, Division of Agril. Extension,
IARI, as Coordinator.
The first meeting of the BSMA Committee on Social Sciences was held on August
30-31,
1999,
in the Division of Agricultural Extension, IARI, New Delhi, for developing draft post graduate
course curriculain the disciplines of AgriculturalEconomicsandAgricultural Extension. The syllabi
collected from 16 major SAUs and
ICAR
institutes, and also some foeign universities were
deliberated upon in the meeting to rationalize the post graduate programmes under Social Sciences.
Thereafter, a few informal meetings among the members and two workshops were organised on
April 26-27, 2000 and Aug. 4-5, 2000 respectively in the Division of Agricultural Extension,
IARI,
New Delhi for finalising the draft post graduate course curricula developed in the preceding meetings.
These meetings and workshops were
attended
by eminent professors in the relevant disciplines
from
various
SAUs and ICAR institutes, besides local invitees. In these workshops, the draft post
graduate course curricula were thoroughly deliberated upon and revised suitably with a view to
develop professionalism and skills in the students to match the future requirements of specialised
manpower. In both the disciplines, namely, AgriculturalEconomicsandAgricultural Extension, the
course contents have been developed for theory and practical. The relevant references under
"Suggested Readings" have been provided for each course.
We are thankful to all the members of the BSMA
Committee
on Social Sciences and Heads
of Departments (Social Sciences) of all SAUs, who sent their comments and suggestions, and
specially to distinguished participants who attended the
meeting/
workshops and made valuable
suggestions and contributions in the development of post graduate course curriculaandsyllabi of
social science disciplines. Thanks are also due to Dr. S.L. Mehta, Ex DDG (Edu) and Dr. (Mrs) Tej
Verma,
ODD
(Edu)
Incharge
for their support and encouragement in revising the curricula.
We gratefully acknowledge the guidance and encouragement received from Dr. R.
S.
Paroda,
Ex-Secretary, DARE and Ex-Director General, ICAR and Chairman of Accreditation Board, in
restructuring PG Course curricula.
We specially thank Dr.
Panjab
Singh, Ex-Director, IARI and now Secretary, DARE and D.G.
ICAR for his encouragement, advise and facilities provided to the BSMA committee on Social
Sciences
Our thanks are due to Dr.
Parmatama
Singh, Professor, Agril. Economicsand Dean, PGS; Dr.
S. Veerasamy, Professor (Agril. Extension); Dr. V.C.
Mathur,
Principal Scientist (Agril. Economics);
Dr. (Mrs.) Premlata Singh, Scientist-Sr. Scale (Agril. Ext.) and Mr. V.K. Chaturvedi, Technical Officer
(Agril.
Ext.),
IARI, New Delhi, for their support throughout this exercise.
It is hoped that the postgraduate course curricula developed by the Committee will provide
necessary basis for the immediate future while facilitating continuous dialogue to refine and adjust
to the evolving needs dynamically.
New Delhi
BALDEO
SINGH
Oct., 2001 G.D.
DIWAKAR
N.L.
MAURYA
CONTENTS
Page No.
Preface (Hi)
Agricultural Economics 1
Agricultural Extension 14
Annexures
List of participants in the BSMA Committee meeting 27
List of participants in the
1st
BSMA Workshop 28
List of participants in the
Ilnd
BSMA Workshop 29
1. AGRICULTURAL ECONOMICS
Major Courses 25 credits
A.1 Core Courses 12 credits
1. Microeconomics
3+0
2. Macroeconomics 3 + 0
3. Econometrics
2+1
4. Research Methodology
2+1
Seminar
1+0
credit
A. 2 Optional Courses 12 credits
1. Agricultural Development, Growth, Policy and Planning * 3 + 1
2. Economics of Natural Resources, Environment and
Sustainability
*
2+1
3. International Trade*
2+1
4. Optimisation Techniques 1 + 1
5. Agricultural Project Analysis
2+1
6. Agricultural Production Economics
2+1
7. Agricultural Marketing and price analysis
2+1
8. Agricultural Finance and Cooperation
2+1
9. Livestock Economics
2+1
10. Fisheries Economics 2 + 1
B. Supporting
Courses**
10 credits
1. Statistical Methods
2+1
2. Mathematical Methods
3+0
Any other course to be decided by the advisory committee depending on
specialization of the student.
Total 35 credits
* The group felt mat these courses are very important and students should be encouraged to
register for these courses.
** Course contents not given.
A.1 CORE COURSES
1. Microeconomics (3+ 0)
Theory of consumer behaviour: concepts, utility functions- existence and nature, utility maximization-
analytical approaches, limitations and applications, demand theory, ordinary and compensated
demand functions-derivations-analytical approaches, limitations and applications; demand theory
and elasticity matrix generation, total price effect, decomposition analysis, direct and cross effects-
analytical approaches and applications generalized to n variables. Extended theory of consumer
behaviour: Recent developments in the theory of demand, linear expenditure system, constant
elasticity demand function, dynamic versions of demand functions-distributed lag models,
Houthakker's
and Taylor's dynamic models; utility functions-separable and additive, homogenous
and
homothetic
functions, direct and indirect; theory of revealed preference, composite commodity
theorem, consumer's surplus, expected utility with risk. Basic theory of the
firm:
concepts, production
functions, productivity curves and isoquants derivations-analytical approaches, limitations and
applications, optimization behaviour-alternative models, short run and long run cost functions, factor
demand derivation, total price effect-substitution effect, output effect and profit maximization effect-
decomposition analysis-analytical approaches and applications generalized to n variables supply
and elasticity matrix generation-conceptual framework foragricultural commodities, joint products-
concepts and constrained optimisation. Extended theory of the firm: homogenous production
functions, constant elasticity of substitution production functions-concepts, properties, equilibrium
analysis and applications; duality in production, production under uncertainty, linear production
functions for single and multi-output cases. Perfect competition, market demand functions, temporal
supply functions and externalities, commodity market equilibrium-short run, long run, differential
cost conditions; theory of cost and empirical evidence on the shape of cost functions, taxation
applications, factor market-supply demand functions, futures market-hedging, risk assumption.
Suggested
Readings
1. Henderson, J. M. and R. E. Quandt. (1972): Micro Economic Theory; A Mathematical Approach.
McGraw Hill,
Kogakusha
Ltd.
2.
Koutsoyiannis,
A. (1979): Modern Microeconomics, Macmillan Press Ltd., ELBS, London.
3. Ferguson, C.E.
(1989):
Micro Economic Theory.
AITBS,
New Delhi.
4. Mansfield, Edwin (1989): Applied Micro Economics, WWW Norton, New York.
5. Leftwich, Richard H. and D. R.
Eckert.
(1962): The Price System and Resource Allocation. The
Dryden Press, Halt Saunders, Japan.
2. Macroeconomics (3+0)
Concept and measurement: national income, consumption -theories of consumption product, wealth,
money, price level, inflation,
CPI,
WSPI,
employment, unemployment and output in the economy.
Employment Theory - Say's Law,
quantity
theory of money, wages, prices, employment and
production, classical theory of saving, investment and interest rate. The simple
Keynesian
and
Classical synthesis-Keynesian theory of interest,
IS-LM
form of the model, classical version of the
synthesis. Input-output model. The concept of full employment, inflationary gap. The theory of
income determination and multiple market economic systems, Multiplier and accelerator analysis,
Monetary and fiscal policies, Integration of
macro-economics
with monetary analysis in the context
of both open and closed economies.
Suggested
Readings
1. Ackley, Gardner (1963). Macroeconomics: Theory and Policies.
Macmillan,
New York.
2. Dernburg, T. F. (1985). Macroeconomics: Concepts, Theories and Policies. McGraw Hill,
Singapore.
3. Skaggs, N.T and Carlson, J.L. (1996). Macroeconomics.
Blackwell,
Oxford.
4. Shapiro, E.J.
(1989).
Macroeconomic
Analysis.
Harcourt
Brace Jovanovich, New York.
5. Branson
H.William
(1977)
Macroeconomics Theory and Policy :London
Harper&Row
publishers
3. Econometrics (2+1)
Representation of economic phenomenon, relationship among economic variables, linear and non-
linear economic models. Analysis of economic time series components and their interpretation.
Growth curves and their estimation. Index numbers, their characteristics and construction of price
and quantity index numbers. Ordinary least squares methods of estimation of simple and multiple
regression models. The BLUE properties of least squares estimate, tests of significance and
confidence intervals. Summary statistics-correlation matrix, residual variance, co-efficient of multiple
correlation, standard errors of estimated coefficients and their uses, partial correlation and its uses.
Maximum likelihood estimation.
Multicollinearity,
principal component analysis, use of dummy
variables, Generalised
Aitken's
least-squares methods of estimation, Random coefficients models.
Heteroscedasticity.
Auto-correlation,
Durbin-Watson
test, error of specification, Estimation from
grouped data. Application of computer softwares like SPSS, LIMDEP, TSP, SHAZAM, SAS for
solving practical econometric problems.
Practical
Selection of models for collected data. Identification of variables. Estimation of regression models.
Tests for autocorrelation, multicollinearity and heteroscedasticity. Use of dummy variables.
Distributed lag models. Use of PC for linear regression models.
Suggested Readings
1. Madalla , G.S. (1977). Econometrics. McGraw Hill,
Kogakusha
Ltd., Tokyo, Japan.
2. Koutsoyiannis, A.
(1984).
Theory of Econometrics. Macmillan, London.
3. Johnston, J.
(1987).
Econometric Methods. McGraw
Hill,
Kogakusha Ltd, Japan
4.
Gujarati,
D.N. (1995). Basic Econometrics. McGraw Hill, Singapore.
ITI
5.
Acharya,
S. S. and Madnani (1988): Applied Econometrics forAgricultural Economists,
Himanshu Publications, New Delhi.
4. Research
Methodology
(2+1)
Social science - definition, goals and functions. Role of social science
research
in agriculture.
Agricultural economics
research-induction
and deduction, sources of information, review of literature,
identification of problem, and formulation of objectives and hypothesis. Types of hypothesis. Testing
of hypothesis. Research Design. Type of data and their sources, methods of data collection- formal
(sampling) and informal (PRA, RRA) survey techniques, preparation of questionnaire, interview
method, mail order method, cost accounting method. Analysis of data - methods of analysis. Selection
of appropriate tools for analysis. Introduction to statistical software for social sciences. Report
writing-methods of reporting. Use of tables, graphs, diagram, etc. in reports using computers.
Practical
The students will identify a problem inagriculturaleconomicsand work on the problem during the
semester as trained in theory classes by intensively using personal computers.
Suggested Readings
1.
Kothari,
C.R. (2000): Quantitative Techniques, 3 rd Edition,
Vikas
Publishing House, New Delhi.
2. Mukerjee,
Neela.
Participatory Rural Appraisal: Methodology and Applications, Concept
Publishing Company, New Delhi.
[...]... selected NGOs; Training typology, training approaches and strategies; Conceptual models of training; Planning, designing and conducting training programmes; Training need assessment; Training methods: preparation, selection and use; Monitoring, evaluation and follow up of training; Training institutions in India and facilities available for human resource development Practical Exercises on training needs assessment,... Fundamentals of layout and design; Art of page makeup; Techniques of editing and proof reading; Research inagricultural journalism and applications; Printing methods and processes for different extension publications Practical Processes of printing extension literature; News collection and interview; Writing for farm magazines and newspapers andextension publications including folder, booklet, circular... Introduction to the EconomicsandAgricultural Production, Prentice Hall, New Delhi 7 Agricultural Marketing and Price Analysis (2+ 1) Market structure, conduct performance analysis Marketing channels for different products in agriculture and animal husbandry State intervention and parastatals inagricultural marketing Pricing of agricultural inputs and products Buffer stocking and import policies for agricultural. .. capacity Agricultural credit policy Review of various committee reports on rural credit and investment Role of public and private sector banks and co-operatives in rural/ farm financing Role and functioning of international financial institutions Principles of agricultural finance and financial management Principles and practices of co-operation Major cooperative organizations and their functioning-IFFCO,... Process and Methods Oxford and IBH Publishing Co Pvt Ltd A 2 Optional Courses 1 Program Planning inExtension , (1+1) Importance, principles, steps and process in developing sound extension programmes; Process of developmental planning and national planning system; Organizational structure for planning at various levels; Formulation of five year plans in India; Participatory planning process: PRA, RRA and. .. Principles of learning: pedagogy and andragogy; Selection of trainees; Assessment of training needs; Setting objectives; Designing and conducting extension training programmes; Developing training modules; Selection and orientation of trainers; Training methods: lecture, seminar, symposium, workshop, case study, group discussion, conference, convention, panel discussion, buzz sessions, forum, debates,... role playing, business games, skits, Critical Incidence Technique (CIT), in- basket exercise, programmed instruction, experiential learning techniques such as sensitivity training, T group, Transactional Analysis and fish bowl exercise; Evaluation and follow up of training Practical Exercises in using selected training methods in simulated and real life; Design and conduct of extension training at village... organizations and NGOs, Assignments and term papers Suggested Readings 1 Dantwala, M.L and Barmeda, J.N (1990) Rural Development Approaches and Issues in Indian Agricultural Development since Independence Oxford and IBH Publishing Co Pvt Ltd., New Delhi 2 Fenders, J.M.A (1958) Methods and programme Planning in Rural Extension Veenman & Zonen, Wageningen, Netherlands 3 Singh, Katar (1999) Rural Development - Principles,... lending, Role of commercial banks in financing agriculture, Rural credit review panel report-Multi agency approach Small farmers' development agencies Role of State Bank of India, Reserve Bank of India, NABARD, NGO's in rural financing Agricultural financing and infrastructure programmes for weaker sections Credit guarantee scheme-Crop and Livestock insurance Role and functioning of international financial... livestock products and by products, methods for estimation of cost and returns for livestock products and by products Livestock and poultry records and accounts; system of accounting; assessment of financial records, livestock and poultry insurance and credit facilities, role of formal and informal rural financial institutions in the development of livestock and poultry enterprises, cooperatives and government . 30-31, 1999, in the Division of Agricultural Extension, IARI, New Delhi, for developing draft post graduate course curricula in the disciplines of Agricultural Economics and Agricultural Extension. The syllabi collected. credit and investment. Role of public and private sector banks and co-operatives in rural/ farm financing. Role and functioning of international financial institutions. Principles of agricultural finance. intervention and parastatals in agricultural marketing. Pricing of agricultural inputs and products. Buffer stocking and import policies for agricultural produce. Value addition and its impact