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Posted Date: 10 Dec 2011      Posted By:: varun    Member Level: Silver  Points: 5 (Rs. 1)

2011 University of Mumbai M.A Economics Agricultural Economics (MA Economics Part 1, Oct 2011) University Question paper

Course: M.A Economics   University/board: University of Mumbai

Agricultural Economics, 10/2011

(3 Hours)
N.B.: 1) Q1 is compulsory
2) Answer any three questions from the remaining six.
3) All questions carry equal marks

1. Write short notes on any three of the following:
a. Engel's Law
b. Nerlovian Model
c. Determination of Minimum Support Prices
d. Informational Asymmetries and Credit Rationing
e. Co-operative Farming System
f. Mechanisms of Land Transfer

2. List out the factors that affect the demand for food.

3. …..
a. Do farmers respond to agricultural prices in developing countries? Discuss the three viewpoints on the matter.
b. Critically examine the Cobweb Model.

4. …..
a. Briefly explain the behavior of a rational farmer with respect to factor-factor relationship.
b. Explain the various types of uncertainties in agriculture and discuss prominent measures to overcome them.

5. …..
a. Examine the role and relative share of Cooperative bank in rural credit.
b. "The fear of default creates a tendency to ask for collateral in rural credit markets." Discuss.

6. Answer any two of the following:
a. Aspects of employer-employee relationships.
b. Criteria of unemployment.
c. Kanta Ahuja's method of measuring unemployment.
d. Definition of rural work from gender perspective.

7. Answer any two of the following:
a. Any five theoretical restrictions on the land market.
b. Terms and conditions of tenancy contract and types of rent.
c. Impact of technological development on the lease market.
Briefly explain Cheung's Theory of Share Tenancy and critically evaluate it in the Indian context.

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