Farm Management and Production Economics

Farm Management and Production Economics is a branch of Agricultural Economics that focuses on making farming more efficient and profitable. It involves planning, organizing, and managing farm resources—like land, labor, and capital—to optimize production. This discipline analyzes costs, market conditions, and technological advancements to help farmers make informed decisions, such as what crops to grow or how to use machinery effectively. By balancing economics with sustainable practices, it aims to enhance productivity while ensuring long-term viability of farming operations.