Agricultural Economics

By Makoti George Mashilo.
Published 2025

About this book

This comprehensive book offers an in-depth exploration of agricultural economics, covering its definition, scope, and significance in modern society.

It traces the historical development of the field and highlights its interdisciplinary nature, linking economics, sociology, and environmental science.

The book explains key concepts and principles that underpin agricultural practices and examines various types of agricultural systems, including subsistence, commercial, and mixed farming.

Readers will find detailed discussions on modern farming technologies, crop and livestock production methods, and strategies to enhance productivity through best practices.

It emphasizes farm business management principles, cost analysis, budgeting, and risk mitigation techniques essential for sustainable farming.

The book also delves into market dynamics, supply and demand, and policies affecting agriculture, including price support, subsidies, tariffs, and food security measures.

Additionally, it covers land use planning, land tenure systems, and sustainable land management strategies.

The role of finance, credit assessment, and financial planning for farmers is examined alongside innovations in financial services.

The impact of global trade theories, trade barriers, and international agreements on agricultural markets is thoroughly analyzed.

Special attention is given to the environmental impacts of agriculture, climate change adaptation, and sustainable practices for ensuring long-term food security.

The book explores technological advancements like precision farming, data analytics, and digital agriculture, as well as extension services and technological diffusion.

Overall, this book provides valuable insights into rural development challenges, policy innovations, and international development projects, making it a vital resource for students, professionals, and policymakers engaged in the agricultural sector.

Available for purchase through external checkout

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