ESTABLISHING LINKAGES BETWEEN ECONOMIC THEORY AND ENTERPRISE BUDGETING FOR TEACHING AND EXTENSION PROGRAMS

Garnett L. Bradford and David Debertin ()

Southern Journal of Agricultural Economics, 1985, vol. 17, issue 2, 10

Abstract: Accounting techniques of farm enterprise budgeting are rarely linked to the axioms of static production theory and to capital theory. This paper illustrates how certain linkages may be established. Particular attention is given to handling problems of scale economies, optimal output levels, replacement of durable inputs, inflation, and technological change. Estimates in an illustrative budget are linked to specific points on average cost curves. Budgeting for representative farm situations is compared to budgeting for specific situations.

Keywords: Teaching/Communication/Extension/Profession (search for similar items in EconPapers)
Date: 1985
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Establishing Linkages Between Economic Theory and Enterprise Budgeting for Teaching and Extension Programs (1985)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sojoae:29981

DOI: 10.22004/ag.econ.29981

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