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Land utilisation

  LAND UTILIZATION  Land is a scarce resource, whose supply is fixed for all practical purposes. At the same time, the demand for land for various competing purposes is continuously increasing with the increase in human population and economic growth.Land use pattern at any given time is determined by several factors including size of human and livestock population, the demand pattern, the technology in use, the cultural traditions, the location and capability of land, institutional factors like ownership pattern and rights scale regulation. Major Types of Land Utilization in India : As in all other countries, land in India is put to various uses. The utilization of land depends upon physical factors like topography, soil and climate as well as upon human factors such as the density of population, duration of occupation of the area,land tenure and technical levels of the people.There are spatial and temporal difference in land utilization due to the continued interplay of phys...
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COMPONENTS AND TYPES OF ECONOMICS

COMPONENTS OF ECONOMICS
a) Consumption : The study of consumption and consumer behaviour relates to the study of consumer where he has to allocate his means (income) on the purchase of goods and services so that his satisfaction can be maximised.
b) Production : The study of production or producer behaviour relates to the study of producer where he has to choose such combinations of diferent inputs within given price which are least expensive so that he is able to maximise his cost of production .
Also , how he choose to produce those goods and services within given prices ,the production of which offers him maximum revenue, so that his profit can be maximised
c) Distribution :The study of distribution relates to study of how income is distributed among those who are the agents of production. Here, the agents of production refers to the owners of factors of production.
There are 4 factors of production :
1) Land  - The income is distributed to the owners of land(used in production) in the form of rent.
2) Labour - The income is distributed to labour (for rendering services) in the form of wages.
3) Capital - The income is distributed to capital(used in production) in the form of interests.
4) Entrepreneurship - The income is distributed to entrepreneurship (owner of production) in the form of profits. 
TYPES OF ECONOMICS 
a) Microeconomics : 
1)Microeconomics deals with the study of economic issues or economic problems related to smaller units like a household ,firm or industry.
2)These issues are studied and addressed largely with a view to maximising individual welfare.
3)It is concerned with the determination of output and price for an individual firm.
4)Problem of resource allocation is the main principle of microeconomics .
5) The subject matter deals with the determination of price,consumer's equilibrium,distribution and welfare etc.
6)It establish relationship between causes nd effects of economic phenomena.This method is called as 'partial equilibrium analysis'.
b) Macroeconomics : 
1)Macroeconomics deals with the study of economic issues related to larger units or economy as a whole.
2)These issues are studied with a view to maximising social welfare.
3)It is concerned with the determination of aggregate output and general price level of the whole economy.
4)Level of output and employment is the main principle of macroeconomics .     
5) The subject matter is full employment,national income,general price level,trade cycle,economic growth etc.
6) It studies about the interdependence of economic factors which are categorised into aggregate units like aggregate demand ,aggregate supply ,total consumption,total supply. This method of study is called as "general equilibrium analysis".                           
                                        

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