Agricultural economics is a field of study that focuses on the economic aspects of agriculture and farming. It examines how resources are allocated in the production, distribution, and consumption of agricultural goods. This discipline helps farmers, policymakers, and businesses make informed decisions by analyzing market trends, pricing, and the impact of government policies on the agricultural sector. Additionally, agricultural economics explores issues such as food security, sustainability, and rural development. By understanding the economic factors that influence agriculture, stakeholders can develop strategies to improve productivity, enhance profitability, and address challenges like climate change and resource scarcity.