Agricultural And Resource Economics

APH 407
Beef Cattle, Sheep and Goat Production
APH 407 | ARE | 1st Semester |  Download Courseware PDF

Course Synopsis

There has been for quite some time a persistent advocacy of the improvement of world nutritional status, especially in developing countries through substantial increase in the intake of protein foods of animal origin. There is therefore the need for this course which presents brief history of meat ( e.g beef, mutton and chevon) industry in Nigeria, standard growing and finishing management practices, housing requirements, feeds and feeding, breeding, herd record keeping and health management of beef cattle, sheep and goats. The course also provides information on marketing and techniques for establishing large beef cattle, sheep and goats ranches.

APH411
Feed Milling Technology
APH411 | ARE | 1st Semester |  Download Courseware PDF

Course Synopsis

This course is key to intensive animal production and its proper understanding by the students is compulsory for successful and profitable animal enterprise. It also meets the need of students in fish and grass cutter production. In addition, the course provides hands-on training in the use of exel in feed formulation. As a practical course, the focus is to impart useful skills on the students in order to appreciate the strategic role of good feed milling practice with a view to improving student’s knowledge in feed formulation and feed milling technology. Topics to be covered include overview of the Nigerian feed mill industry, feed mill establishment and operation, feed milling machine designs, components and maintenance operations, feedstuff sourcing, storage, processing and quality control. Others include animal by-products processing and utilization, finish feed quality control and techniques of manual and computerized feed formulation, economics and management of feed mill operations, marketing and sales promotion in feed mill industry and safety regulations pertaining to feed manufacture.

ARE 301
Principles of Agricultural Economics
ARE 301 | ARE | 1st Semester |  Download Courseware PDF

Course Synopsis

This course is designed to provide students with knowledge in the following areas. The scope of Agricultural Economics; Concepts of Agricultural Economics; Demand and Supply, Equilibrium price and quantity. Basic economic Principles applied in agricultural production and marketing. Application of concepts of economics in agricultural production and marketing. Efficient organization of scarce resources and factors of agricultural production. Discussions of principles and philosophies involved in Agricultural Economics. Cyclical theory in agricultural production and marketing.

ARE 305
Introduction to Microeconomic Theory
ARE 305 | ARE | 1st Semester |  Download Courseware PDF

Course Synopsis

This course is designed primarily for students in the Department Agricultural and Resource Economics and allied courses. It however, it also meets the need of students in other fields, as it would enable students understand and determine the different actions of individuals and groups of individuals in the processes of producing, exchanging, and consuming goods and services in n economy. The course provides both theoretical analysis and empirical investigations of man’s decision making processes in satisfying unlimited wants in day to day activities in the society. Topics to be covered include; The theories of individual behaviour in a perfectly competitive economy, the behaviour of individual consumer including the nature of utility function, indifference curves, maximisation of utility, demand functions, income and leisure, substitution and income effects, the behaviour of individual producer, this includes the basic concept of production function, optimising behaviour of the producer, input demands, cost function, joint products, the perfectly competitive market, the imperfect markets in which issues such as Monopoly, monopsony, monopolistic competition, duopoly, oligopoly and bilateral monopoly are treated. Welfare economics involving pareto optimality including pareto optimality for consumption/production, the efficiency of perfect competition, the efficiency of imperfect competition are presented.

ARE 307
Farm Accounting
ARE 307 | ARE | 1st Semester |  Download Courseware PDF

Course Synopsis

This course is designed to prepare and strengthen students’ capability to establish farm/agribusiness account unit, ensure effective documentation of all transactions, institutes sound, efficient and effective internal control system and analysis of farm financial statements to aid management decision process.

ARE 309
Mathematical Economics
ARE 309 | ARE | 1st Semester |  Download Courseware PDF

Course Synopsis

This course is a 300Level course, aimed at exposing the students to the use of mathematics in economic analysis and the application of linear models and matrix algebra in agriculture.

ARE 311
Introduction to GIS Application in Agriculture
ARE 311 | ARE | 1st Semester |  Download Courseware PDF

Course Synopsis

This course is a 300Level course that is aimed at introducing the students to various ways of applying Geographic Information System (GIS) in agriculture.

ARE 313
Introductory Resource Economics
ARE 313 | ARE | 1st Semester |  Download Courseware PDF

Course Synopsis

This is a new course and an introductory one. It introduces students to the approaches used to manage, govern and sustain natural resources. The course will focus on economic valuation of natural resources with much emphasis on their utilization, optimisation and sustainability. Students are sensitised about the naturally endowed and rich resources in their environment and how their influences can make it better or worse.

ARE 315
Project Planning and Appraisal
ARE 315 | ARE | 1st Semester |  Download Courseware PDF

Course Synopsis

The course will provide the students the opportunity of understanding and the ability to plan and appraise project as required by any agricultural economist. This is with the intent of enhancing their understanding of project concept and project idea formulation. The students will understanding how to breakdown project cost and investment expenditure in the process of this course. Also, they will learn the nature and scope of research projects in economics and at the end of the course, students will be able to write a good feasibility report based on their understanding of the techniques of evaluating projects.

CSP 401
Crop Preservation, Processing and Storage
CSP 401 | ARE | 1st Semester |  Download Courseware PDF

Course Synopsis

Crop Preservation, Processing and Storage is a course designed for the students in their fourth year in the Department of Crop, Soil and Pest Management. It is a course that will expose students to various aspects of how crops and crop products can be protected from the harmful effects of pests. It will also clearly explain the concepts and significance of preservation, processing and storage in food security. This course will also cover areas such as storage losses in crops, storage methods (traditional and modern techniques). Storage pathology and entomology will also be comprehensively covered. The practical aspects will focus on familiarizing students with the pests capable of causing loss to the crops and their products and how to deter them.

ARE302
Elements of Agricultural Economics & Policy
ARE302 | ARE | 2nd Semester |

Course Synopsis

This course is designed to teach basic concepts of Agriculture and Agricultural development theories. To achieve these goals the following topics are to be covered ; Roles of agriculture in the Nigerian economy , problems of Nigerian agriculture, capital formation in agriculture. It also touches reasons for government intervention in agriculture. Elementary components of agricultural policy and its problems in Nigeria are to be discussed. Market structures and international trade are to be discussed too.

ARE 306
Farm Records and Accounts
ARE 306 | ARE | 2nd Semester |  Download Courseware PDF

Course Synopsis

This course is designed to inculcate in students the culture of maintaining effective and efficient records of all farm/ agribusiness transactions and preparation/analysis of simple farm financial statements from the records. The course will entail design of various farm records, highlight of essential documents (books of account) require for the establishment of farm accounting unit.

ARE 308
Farm Management Principles and Decisions
ARE 308 | ARE | 2nd Semester |  Download Courseware PDF

Course Synopsis

The course will provide the students the information required for organizing and operating the farm business with a view to generating maximum possible income on a continuous basis. Since farming serves as a source of livelihood to many families in several developing economies, this course is also designed to facilitate the students’ understanding of decision making with respect to optimal uses of farm resources either as farm managers or extension advisory services providers to farm families. Thus after taken this course, the students are expected to understand the principles required for making rational decisions in the allocation of resources and the adoption of new production technologies.

ARE 310
Introduction to Macroeconomics
ARE 310 | ARE | 2nd Semester |  Download Courseware PDF

Course Synopsis

The course will provide the students the opportunity of understanding and the ability to describe the main macroeconomic theories such as consumption and investment theories and function. This is with the intent of enhancing their understanding of short term fluctuations and long term growth in the economy. Also, the students will have good understanding of evaluation of impacts of basic macroeconomic policy options available at different possible economic scenario. The students will be introduced to various possible interactions of monetary and financial markets with the real economy.

ARE 314
Introduction to Urban Agriculture.
ARE 314 | ARE | 2nd Semester |  Download Courseware PDF

Course Synopsis

Introduction to Urban Agriculture is designed for students in the Department Agricultural and Resource Economics and allied courses primarily. The course also meets the need of students in other fields, as it would enable students understand and determine the different actions of individuals and groups of individuals in the processes of producing, exchanging, and consuming goods and services in the urban and peri-urban areas of any economy. The course provides both theoretical analysis and empirical investigations of urban agriculturists’ decision making processes in meeting both urban and urban households need for food security. Topics to be covered include; meaning and concepts of Urban and Peri Urban Agriculture (UPA); The role of UPA; UPA and food security; UPA and economic development; UPA and environmental conservation; Growth and development of settlement. Settlement crisis and prospects of control and management.

ARE 316
Application of Computer in Agriculture
ARE 316 | ARE | 2nd Semester |  Download Courseware PDF

Course Synopsis

This course is designed to introduce the use and role of computers in agriculture. The course will involve Introduction to computer programmes in relation to agriculture-spreadsheet programmes and word processing programmes; Programmes for graphic presentations; Statistical packages; Analytical models in agriculture; Computer softwares for data analysis in agriculture; Analysis of agricultural data using computer software.