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Posted Date: 25 Dec 2011      Posted By:: varun    Member Level: Silver  Points: 5 (Rs. 1)

2009 University of Mumbai M.A Economics Agricultural Economics (MA Economics Part 1, October 2009) University Question paper

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

Agricultural Economics, April 2010

(3 Hours)
Total Marks: 100
N.B.: 1) Q1 is compulsory
2) Answer any 3 questions from the remaining 6
3) All questions carry equal marks

1.Write short notes on any 3 of the following:
a.Engel's Law
b.Price responsiveness of Indian farmers
c.Determination of minimum support prices
d.Informational Asymmetries and Credit Rationing
e.Determinants of wage rates in rural labour markets
f.Analysis of rural classes

a.What are the strategies that governments and individuals can use to deal with the problem of hunger?
b.What are the basic goals of National Food Policy? How well have they been achieved?

3.How efficient are agricultural commodity markets in India?

a.Briefly explain the behavior of a rational farmer with respect to factor-factor relationship.
b.Write an essay on Buffer Stock Operations in India.

5.What are the main institutional and non-institutional sources of agricultural credit in India? Critically comment on their performance and relative importance in meeting the credit needs of farmers.

6.Evaluate Ashok Rudra's method of measurement of unemployment.
What are the Time Allocation Studies? Explain in detail any one such study and examine its major conclusions.

7.Answer any 2 of the following:
a.Legal restrictions and directives on India's land market
b.Terms and conditions of tenancy contract and types of rent
c.Characteristics of lease markets in India
Briefly explain Cheung's Theory of Share Tenancy and critically evaluate it in the Indian context.

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