Bachelor of Arts (B.A.) Farm Business Management Syllabus - Mumbai University 2026

Module 1: Farm Business

• 1 Concept and Characteristics of farming as Business
• 2 Farm Household Relationship
• 3 Motivation in subsistence agriculture
• 4 Impact of Changing economic environment and commercialization

Module 2: Production Economics

• 1 Principles of Production Economics
• 2 Law of Diminishing Utility
• 3 Importance of basic Principles
• 4 Factors of Production and its relationship

Module 3: Farm Planning

• 1 Meaning and Steps of Farm Planning
• 2 Farm Budget, Concept and Types of Budgets
• 3 Complete and Partial Budget, Break Even Budget
• 4 Importance of Accounting in farm Management.

Module 4: Formulation of Farm Plan

• 1 Concepts and Steps of Farm Management
• 2 Types of Farm Record
• 3 Alternative Cost Concept use in Farm
• 4 Evaluation of Farm Assets

Text Books

• 1 Kahlon& Singh – Economics of Farm Management in India.
• 2 Johl SS &Kapur TR – Fundamentals of Farm Business Management, Kalyani Publishers Ludhiyana, 1973.

Reference Books

• 1 Singh I J – Elements of Farm Management Economics, Affiliateds East – West Press, 1977.