This basic book Basic Agricultural Economics is a scholars' guide, written for those who want to understand the theory, concepts, principles on which economy revolves. It is intended for students who are taking their first course as well as in their higher studies and preparation for various competitive examinations in agricultural social science discipline. It introduces economic principles in a succinct and reader-friendly format, providing students and instructors with a clear, up-to-date, and straightforward approach to learning how a market-based economy functions. It explains the general principles underlying different economic systems, divisions and so on. It has covered all the topics such as basic concepts in economics, theory of consumer behaviour, Indifference curve, demand and supply, elasticity, laws of returns and capital formation in readable language. With clear explanations of the entire field, from demand of single consumer to public finance of the nation, this is the best book for anyone who wishes to understand how the economy functions