Course Objectives:
By the end of this course, participants will be able to:
• Understand the foundational concepts of agriculture, economics, and their interconnection with nature.
• Analyze the economic principles behind agricultural production, distribution, and consumption.
• Examine the impact of agricultural practices on natural resources, ecosystems, and biodiversity.
• Explore sustainable agriculture practices that balance economic viability and environmental preservation.
• Evaluate the role of government policies and global trends on agriculture and the economy.
• Develop solutions for challenges in agricultural economics while considering environmental sustainability.
Course Content:
Introduction to Agriculture and Economics
• Overview of Agriculture as an Economic Sector
• Basic Economic Principles: Supply, Demand, and Market Forces
• The Role of Agriculture in National and Global Economies
• The Interdependence of Agriculture, Economics, and Nature
Agricultural Production and Economic Systems
• Types of Agricultural Systems: Subsistence vs. Commercial Agriculture
• Economic Theories and Models in Agriculture
• Factors of Agricultural Production: Land, Labor, Capital, and Entrepreneurship
• Technological Innovations in Agriculture: Precision Farming and Automation
Agricultural Markets and Trade
• Structure of Agricultural Markets (Domestic and Global)
• Price Formation and Commodity Markets
• Trade Policies and Global Agricultural Supply Chains
• The Impact of Globalization on Agricultural Economics
The Economics of Natural Resources in Agriculture
• Land Economics and Agricultural Land Use
• Water as a Critical Resource: Management and Economic Implications
• Soil Conservation and Fertility Economics
• Biodiversity, Ecosystem Services, and Economic Valuation
Environmental Challenges in Agriculture
• The Impact of Agriculture on the Environment (Pollution, Deforestation, etc.)
• Climate Change and Its Effect on Agricultural Economics
• Sustainable Agricultural Practices: Organic Farming, Agroforestry, and Conservation Tillage
• Environmental Cost-Benefit Analysis of Agricultural Practices
Agricultural Policy and Government Role
• Agricultural Policy Frameworks: Subsidies, Tariffs, and Price Support Systems
• Role of International Organizations (FAO, WTO) in Agricultural Economics
• Government Intervention and Public Goods in Agriculture
• Policies for Sustainable Agriculture and Climate Change Mitigation
The Role of Agriculture in Rural Development
• Agriculture’s Role in Employment, Income Generation, and Poverty Alleviation
• Rural Development Strategies: Infrastructure, Education, and Technological Adoption
• The Link Between Agriculture and Food Security
• Gender and Social Dynamics in Agriculture and Rural Development
DATE:
1ST BATCH: 4th – 7th Mar, 2025
2ND BATCH: 17th – 20th June, 2025
3RD BATCH: 21st – 24th Oct 2025
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos