Research Areas of the Department of Agricultural Economics
The scientific and research activities of the Department of Agricultural Economics encompass a comprehensive range of theoretical and applied studies designed to enhance economic efficiency, environmental sustainability, and the performance of agricultural markets. These areas include: production economics and management of agricultural units, with an emphasis on optimal input allocation, productivity, and cost-benefit analysis; natural resource, environmental, and ecological economics, focusing on resource conservation, valuation of ecosystem services, and sustainable development; and studies on agricultural growth and sustainable development at regional and national levels. Furthermore, risk management, the economics of agricultural insurance, and the analysis of climatic and price shocks are key research priorities for the department. In the domain of markets, the department concentrates on the marketing and branding of agricultural products, supply chain management and analysis, domestic and international trade of agricultural goods, and export competitiveness. Additionally, the application of systems thinking to market management, consumer behavior analysis, market structure, and supply and demand dynamics provides an integrated framework for understanding and resolving the complex issues of the agricultural sector.
The research areas of the Department of Agricultural Economics include production economics and farm management, natural resource and environmental economics, agricultural marketing, sustainable agricultural growth and development, risk management and agricultural insurance, agricultural supply chain management, and agricultural trade.The department focuses on the following topics:
- Determination of product cost price
- Cropping pattern optimization
- Estimation of production and cost functions for major agricultural products with an emphasis on native crops
- Virtual water research
- Calculation of resource shadow prices
- Research in natural resources and the environment
- Topics related to agricultural marketing