SOME THOUGHTS ON THE ROLE OF THE AGRICULTURAL ECONOMICS PROFESSION IN AUSTRALIA

Does the seemingly disproportionate growth in Australia of agricultural economics, relative to other branches of applied economics, represent a misallocation of educational and research resources? Probably not, since (i) it may be better--because of the existence of increasing returns--to concentrate one's limited resources of economist brainpower in a few fields than to spread them widely; and (ii) the growth of agricultural economics has helped to correct certain weaknesses--particularly in micro-economics and econometrics--in the Australian economics profession as a whole. However, it is suggested that in the future agricultural economists might apply their skills increasingly to non-agricultural problems.


Issue Date:
1969-06
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/22932
Published in:
Australian Journal of Agricultural Economics, Volume 13, Number 1
Page range:
1-7
Total Pages:
7




 Record created 2017-04-01, last modified 2017-08-24

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