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The first edition of book Economics of Agriculture was well accepted by students and teachers of Agricultural Economics throughout the country and abroad. Teachers and students have been demanding revised edition of the book since long. Therefore, efforts have been made to revise and enlarge the first edition. Topics relating to recent developments in rural finance and other branches of Agricultural Economics have been included in this second edition. New topics like Agricultural Business Management (ABM) have been included in the syllabi of B.Sc. (Agri.) as well as in new colleges of Agricultural Marketing and Business Management which have been started in Maharashtra and in other states recently. These colleges offer graduate and postgraduate courses in Agricultural Economics and in Agricultural Business Management. Therefore, a new chapter, covering the latest inclusions, has been added in this revised edition. Similarly, questions and answers on various branches of Agricultural Economics alongwith questions of ASRB/NET have been included in this book. This book will be useful to the students of B.A., B.Sc. (Agri.), B.Sc. (ABM), B.Tech. (Agril. Engineering), M.A., M.Com., M.Sc. (Agril. Economics), M.Sc. (ABM), Ph.D. (Agril. Economics) and Ph.D. (Economics). This book will also cater to the needs of those who are preparing for various competitive examinations. The teachers of Agricultural Economics/Economics/Agri-Business Management will also find it immensely useful.