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The overview of methodology aspects in product economics in Slovak agriculture

Author

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  • J. Varoščák

    (Research Institute of Agricultural and Foodstuffs Economics, Bratislava, Slovak Republic)

Abstract

The accession to the European Union has brought a number of issues that the new member states have to deal with, namely to use the rules and procedures applicable in the EU. These include the transition from the enterprise towards the product-oriented economy in the agricultural production enterprises. The article describes the aspects of methodology regarding this issue within the framework of the Slovak agriculture. The article emphasizes that the product economics allows to define three levels of profit, namely: market, product and enterprise profit. This issue will be illustrated on the example of a Slovak agricultural enterprise, in terms of its planned calculated generation of profit.

Suggested Citation

  • J. Varoščák, 2004. "The overview of methodology aspects in product economics in Slovak agriculture," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 50(11), pages 524-528.
    • Handle: RePEc:caa:jnlage:v:50:y:2004:i:11:id:5243-agricecon
    DOI: 10.17221/5243-AGRICECON
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