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EE493

Agricultural Economics (Field 9)

EE493 Institutional Economics of Agriculture

3 (3-0-6) 

Prerequisites: EE311

The fundamental concept of institutional economics on economic and agricultural development. History of agricultural development thoughts. Roles of government policy, market, domestic and global regulation, and community and civil society in agricultural development. Social capital and farmer cooperation. Political dimension of agricultural policy formation. Role of culture and cultural change on mode of production. Role of technological change in transforming the agricultural institutions.