JAMB Agricultural Science · Section 4

Basic Economic Principles

Section D: Agricultural Economics and Extension

Content items
3content items
Objectives
3objectives
Section topics
6section topics

Syllabus content and objectives

Official JAMB Agricultural Science outline · Section D: Agricultural Economics and Extension

Content

a. Demand and supply

Objective

Relate demand to supply in agricultural production and interpret graphical representations of demand and supply.

Content

b. Production function: input/input, output/output and input/output relationships; stages of production, diminishing returns, scale of preference and choice

Objective

Relate input to output and deduce economic concepts from graphical representations.

Content

c. Characteristics of agricultural production: small farm holdings, biological limits, climate susceptibility, seasonality and price elasticity of demand and supply

Objective

Distinguish common features of agricultural production and produce; compute elasticity of demand and supply.

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