'Fundamentals of Agricultural Economics' is a course offered in B. Sc. (Hons.) Agriculture at School of Agricultural Sciences, Amrita Vishwa Vidyapeetham.
Micro and macroeconomics. Nature of economic theory and basic concepts. Goods and services, desire, want, demand, utility, cost and price, wealth, capital, income and welfare. Agricultural economics: meaning, definition, characteristics of agriculture, importance and its role in economic development. Agricultural planning and development in the country. Population system of exchange and its problems, evolution, meaning and functions of money and classification.