Introduction
This course is about livestock production and management economics. The objectives of the course are to provide students with an advanced understanding of the economics of animal feeds and feeding, provide a good understanding of economic principles of livestock production, teach economic analysis of livestock production with the help of cost and profitability analysis, teach economic efficiency measures for livestock business and constraints and problems in livestock production and their solutions. So, in this course, all these objectives are achieved by developing a good understanding of these topics among the students.
Learning Outcomes
After qualifying this course, students will be able to compare different livestock enterprises through cost and benefit analysis, check the efficiency of their business through different economic efficiency measures, farm budget analysis and farm business analysis, and integrate scientific knowledge into the production system to achieve maximum profit.
Textbook
Ahmad. Bashir et al,(1996), Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology.
Assessment Criteria
| Sr. No. | Name | Marks |
| 1 | Sessional | 12 (Class Attendance: 2, Quiz: 4 & Assignment: 6) |
| 2 | Mid Term Exam | 18 |
| 3 | Final Term Exam | 30 |
COURSE SCHEDULE |
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Week |
Topics and Readings |
Books with Page No. |
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1. |
Introduction to Livestock, Role of Livestock in the Economy of Pakistan and Trend of livestock sector Book: Ahmad. Bashir and et al, 1996 Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology. |
Economics of Livestock Production and Management, Page: 1-16 |
| 2. | Comparative Economics of Livestock Production | Elahi, M. (2013). Comparative economics of crop and livestock enterprises in various provinces of Pakistan in the temporal context.
Conference: A lecture delivered to the post-graduate students in Area Study Centre of the University of Peshawar: Peshawar, Pakistan |
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3. |
Economic Principles of Production Factor-Product Relationship Book: Ahmad. Bashir and et al, 1996 Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology. |
Economics of Livestock Production and Management, Page: 36--53 |
| 4. |
Factor-Factor Relationship Book: Ahmad. Bashir and et al, 1996 Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology. |
Economics of Livestock Production and Management, Page: 54--63 |
| 5. |
Product-Product Relationship Book: Ahmad. Bashir and et al, 1996 Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology. |
Economics of Livestock Production and Management, Page: 64--79 |
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6. |
Economic Analysis of Livestock Products Cost and Profitability Estimation Procedures Book: Ahmad. Bashir and et al, 1996 Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology. |
Economics of Livestock Production and Management, Page: 80-85 |
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7. |
Labor-Input Estimate Capital-Input Estimate Book: Ahmad. Bashir and et al, 1996 Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology. |
Economics of Livestock Production and Management, Page: 86-92 |
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8. |
Cost of Milk Cost of Beef Book: Ahmad. Bashir and et al, 1996 Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology. |
Economics of Livestock Production and Management, Page: 93-95 |
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9. |
Economics of Meat, Milk, Hides, and Skins Book: Ahmad. Bashir and et al, 1996 Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology. |
Economics of Livestock Production and Management, Page: 100-102 |
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10. |
Farm Business Analysis Physical Records General Records Book: Ahmad. Bashir and et al, 1996 Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology. |
Economics of Livestock Production and Management, Page: 96-122 |
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11. |
Financial Records Techniques of Estimation of Losses Book: Ahmad. Bashir and et al, 1996 Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology. |
Economics of Livestock Production and Management, Page: 122-130 |
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12. |
Depreciation Book: Ahmad. Bashir and et al, 1996 Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology. |
Economics of Livestock Production and Management, Page: 130-136 |
| 13. |
Net Worth Statement and Income Statement, assets and liabilities, Analysis of Farm Business Records, Interpretation of Results and Income Statement Book: Ahmad. Bashir and et al, 1996 Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology. |
Economics of Livestock Production and Management, Page: 136-142 |
| 14. |
Profitability Analysis, Farm Efficiency Measures and Efficiency of Livestock Enterprises Book: Ahmad. Bashir and et al, 1996 Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology. |
Economics of Livestock Production and Management, Page: 144-150 |
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15. |
Economic Analysis of Budgeting with different techniques Book: Ahmad. Bashir and et al, 1996 Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology. |
Economics of Livestock Production and Management, Page: 156-167 |
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16. |
Constraints and problems in the development of the livestock sector Book: Ahmad. Bashir and et al, 1996 Economics of Livestock Production and Management, Faculty of Agri. Economics and Rural Sociology. |
Economics of Livestock Production and Management, Page: 22-34 |
Time Table
| Sr. No. | Class/Semester | Monday | Tuesday | Wednesday |
| 1 | Agri.Economics 6th Semester | 11:20-12:10 | 11:20-12:10 | 12:10-1:00 |
Course Material
- Total Lessons 17
- Department Agricultural Economics
- About Visit Profile
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Teacher
Mr. Hanzala Zulfiqar
