Why should I opt for Agricultural economics as a career option?

Why should I opt for Agricultural economics as a career option?

India is known for its rich agriculture and is one of the leading countries in the world in this field. Agriculture sector contributes a lot in the economy of the country. Agriculture contributes around 23% of Gross Domestic Product (GDP). About 62% of India’s total population make their living through agricultural practices. Therefore we can say that it provides massive employment opportunities to people living in rural or urban areas as well meet the food and nutritional requirement of the country.

Agriculture has evolved as a huge and a diverse field comprising so many sectors, there are great job opportunities related to this field. The industry includes farm management, business and industries that manufacture agricultural machinery, seed producers, farmers, industries that manufacture products like manure, urea for soil enrichment, industries that buy or sell farm products, banking facilities for financing and developing farms, buying and selling of farm land to builders or farmers, research for improving quality and quantity of farm products and so on.

Agricultural economics is defined as the application of economic principles in agriculture focussing on problems related to farm, agribusiness and agricultural industry in relation to other sectors.