Economics For Co-Operatives

1. Explain the principles of agricultural economics and their application to cooperative development.
2. Apply farm management techniques to optimize agricultural production.
3. Analyze agricultural marketing strategies and their impact on economic progress.
4. Evaluate the role of technology and agro-based industries in agricultural development.
5. Assess the impact of macroeconomic factors on food prices and agricultural policies.

13 weeks, about 66 hours in total. Yours will differ.

1. Week 1Module 1: Scope and Application of Agricultural Economics

   • Unit 1: The Scope of Agricultural Economics · 2 hours

     Read the introduction to understand the scope of agricultural economics.. Define agriculture, economics, and agricultural economics.. Explain the evolution and application of economics to agriculture..

   • Unit 2: Agricultural Co-operation as an Integral Part of the Economy · 2 hours

     Define cooperation and explain its role in economic development.. Discuss the types of cooperative societies and their guiding principles.. Examine the role of cooperatives in agriculture..

   • Unit 3: Production and Supply: Producer Decisions · 2 hours

     Define production and discuss its types.. Explain the factors of production and producer decisions.. Define supply and explain factors influencing producer supply decisions..

2. Week 2Module 2: Farm Management

   • Unit 1: Farm Management · 2 hours

     Define farm management and explain its scope.. Examine the relationship between farm management and other sciences.. Differentiate between farm management and agricultural production economics..

   • Unit 2: Framework for Decision Making · 2 hours

     Discuss organizational management decisions, including operational and strategic decisions.. Explain administrative management decisions.. Analyze the principle of factor substitution..

   • Unit 3: The Production Function · 2 hours

     Discuss the nature of production function.. Explain total products, average products, and marginal products.. Analyze the Law of Diminishing Returns..

3. Week 3Module 3: Costs Analysis in Agricultural Production

   • Unit 1: Input, Output Analysis, Cost Analysis, Marginal Analysis, Cost Analysis in Agricultural Production · 2 hours

     Discuss cost variables and input/output analysis.. Explain average total cost and short-run analysis.. Analyze marginal cost and the relationship between average and marginal costs..

   • Unit 2: Time Element Analysis, Risk Analysis and Reduction of Risk by Insurance · 2 hours

     Discuss time element analysis and models.. Analyze risks and identify categories of risk.. Explain risk reduction through insurance..

   • Unit 3: Consumption and Demand: Effect on Non-Income · 2 hours

     Define demand and discuss its types.. Explain consumer and producer behavior.. Discuss utility concepts..

4. Week 4Module 4: Agricultural Economics and Marketing

   • Unit 1: Export trade · 2 hours

     Explain export trade and its meaning.. Discuss trends in agricultural exports and imports.. Explain terms of trade and balance of payments..

   • Unit 2: Agricultural Marketing · 2 hours

     Explain agricultural marketing and its scope.. Discuss the significance of agricultural marketing.. Explain the process and functions of agricultural marketing..

   • Unit 3: Economic progress and agriculture · 2 hours

     Discuss agriculture's role in economic progress.. Explain food production and expansion of employment opportunities.. Discuss poverty reduction, income distribution, and industrialization..

5. Week 5Module 5: Agricultural Macro-economics

   • Unit 1: Role of Technology and Agro-Based Industries · 2 hours

     Define technology and discuss its role in agro-based industrial development.. Explain water management technology and agricultural engineering.. Discuss agricultural research and agro-allied industries..

   • Unit 2: Planning and Projections · 2 hours

     Define planning and projections.. Explain farm planning and its characteristics.. Discuss types of farm plans and budgeting..

   • Unit 3: Macro-Economic Considerations: Population, Inflation and Food Prices · 2 hours

     Define population and discuss its macroeconomic considerations.. Explain inflation and its types.. Discuss the causes of inflation and food prices..

6. Week 6Module 6: Land Tenure System in Nigeria

   • Unit 1: Land tenure system in Nigeria · 2 hours

     Discuss land tenure systems in Nigeria.. Explain traditional land tenure and land reform.. Understand land administration..

   • Unit 2: The land use decree · 2 hours

     Define the Land Use Decree in Nigeria.. Discuss the features and implications of the Land Use Act.. Explain controversies and problems of the Land Use Act..

   • Unit 3: Place of agriculture in national budgets · 2 hours

     Define national budgets and explain the budget structure.. Discuss the national budgetary allocation trend to agriculture.. Explain types of budgets..

7. Week 7Module 6: Land Tenure System in Nigeria

   • Unit 4: Agricultural Co-operation and Extension · 3 hours

     Explain agricultural cooperation and its motives.. Define agricultural extension and describe its significance.. Distinguish between agricultural cooperation and extension..

   • Unit 5: A Study of some Food Production Strategies, E.G. O.F.N., The GreenRevolution, Farm Settlements, NORCAP Experiment, Etc. · 3 hours

     Discuss food production strategies in Nigeria.. Explain strategies for food crop and livestock program coordination.. Discuss strategies for fisheries production..

8. Week 8Module 1: Scope and Application of Agricultural Economics

   • Unit 1: The Scope of Agricultural Economics · 4 hours

     Review Module 1: Scope and Application of Agricultural Economics. Focus on key terms and concepts related to agricultural economics and cooperation.. Prepare for assignment 1..

9. Week 9Module 2: Farm Management

   • Unit 1: Farm Management · 4 hours

     Review Module 2: Farm Management. Focus on decision-making frameworks and production functions.. Prepare for assignment 2..

10. Week 10Module 3: Costs Analysis in Agricultural Production

    • Unit 1: Input, Output Analysis, Cost Analysis, Marginal Analysis, Cost Analysis in Agricultural Production · 4 hours

      Review Module 3: Costs Analysis in Agricultural Production. Focus on cost analysis, risk management, and consumption patterns.. Prepare for assignment 3..

11. Week 11Module 4: Agricultural Economics and Marketing

    • Unit 1: Export trade · 4 hours

      Review Module 4: Agricultural Economics and Marketing. Focus on export trade, agricultural marketing, and economic progress.. Prepare for assignment 4..

12. Week 12Module 5: Agricultural Macro-economics

    • Unit 1: Role of Technology and Agro-Based Industries · 4 hours

      Review Module 5: Agricultural Macro-economics. Focus on technology, planning, and macroeconomic considerations.. Prepare for assignment 5..

13. Week 13Module 6: Land Tenure System in Nigeria

    • Unit 1: Land tenure system in Nigeria · 4 hours

      Review Module 6: Land Tenure System in Nigeria. Focus on land tenure, the Land Use Decree, and agricultural strategies.. Prepare for assignment 6..