Welcome to the farm economics module page. As we all know that econmics is concerned with the basic decesion making process with regard to the utilisation of scarce resources. Therefore, this is an interesting area of study where the participants are taught to apply the basic economic concepts and principles in the management of production and marketing of crop, livstock and forestry activities. Proper understanding of economic concepts and apllication helps in efficient utilisation of sacre resources on the farm.