publication . Article . 1980

Activity Analysis: Bridging the Gap between Production Economics Theory and Practical Farm Management Procedures

Longworth, John W.; Menz, Kenneth M.;
Open Access
  • Published: 01 Jan 1980
Abstract
This paper is addressed to the traditional problem of demonstrating the relevance of production theory to management-oriented people. Activity analysis, it is argued, is the most appropriate pedagogic framework within which to commence either a production economics or a farm management course. Production economics theory has not been widely accepted as a useful method for the analysis of practical management problems. The theory has been traditionally presented in terms of continuous functions which assume away the question of technical efficiency. Activity analysis, in its general form, is a more comprehensive approach to the theory of production than the conve...
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Subjects
free text keywords: Farm Management,
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Research Papers in Economics
Article . 1980
Provider: Research Papers in Economics
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