Economics for market-oriented farming

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Whether you are working for government, an NGO or the private sector, if you are an agricultural extension worker who is trying to assist farmers in increasing the profitability of their farms, the material in this booklet should be of help to you. It introduces you to some of the concepts and principles of economics that are relevant to smallholder farming particularly market-oriented farming. You will learn the application of these economic concepts to the day-to-day farming activities of farmers producing for the market. You will look at some of the critical areas in which farmers make decisions about their farm enterprises. Through this you will gain an insight into the decisions that farmers make and be better equipped to advise them on how to become more market-oriented and thus increase their profits.

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