For one-semester, introductory courses in Agricultural Economics or Environmental Economics.This innovative text provides a broad view of the food system, with its emphasis on the links among financial institutions, the macroeconomy, world markets, government programs, farms, agribusinesses, food marketing, and the environment. Taking a macro-to-micro approach, the text introduces "high interest" topics students can relate to first, using them to capture student interest before introducing microeconomics topics. It illustrates the six economic concepts which form the foundation of the economist's decision-making process including supply and demand, opportunity cost, diminishing returns, marginality, measuring costs and returns, and the externalities of transactions. Presented in a non-threatening conceptual framework, the material covered in this text maintains a strong attachment to the application of agricultural economics to the real world.
The text lays out the basic theory of microeconomics with numerous examples from the food and agricultural industries, while its coverage of macroeconomics emphasizes real world applications rather than pure theory.
This book showcases the power of economic principles to explain and predict issues and current events in the food, agricultural, agribusiness, international trade, natural resources and other sectors.
Handbook of Agricultural Economics, Volume Five highlights new advances in the field, with this new release exploring comprehensive chapters written by an international board of authors who discuss topics such...
Production function and input-output analysis; Least cost and profit maximization - combinations of inputs and production possibilities; Costs of production and profit maximization for the firm; Product supply: the firm...
Parte I. Introduction and changes in the United State agriculture: Economics for agriculturalists; Structure and changes in united states agriculture. Part II. Concept of demand: Agriculture procedures for consumption; Consumer...
This two volume set presents work on topics central to the economics of agriculture - the quantitative representation of technology, market expectations, household production behaviour, consumer behaviour with uncertain quality and safety ...
American Journal of Agricultural Economics 61(4):645–654. Schmitz, A., H. Furtan, and K. Baylis. 2002. Agricultural Policy, Agribusiness, and Rent-Seeking Behaviour (1st ed.). Toronto: University of Toronto Press.
For courses in Introduction to Agricultural or Applied Economics Introduction to Agricultural Economics, 7/e, provides students with a systematic introduction to the basic economic concepts and issues impacting the U.S. food and fiber ...
Introduction to Agricultural Economics, Sixth Edition, provides readers with a systematic introduction to the basic economic concepts and issues impacting the U.S. food and fiber industry and offers strong coverage of macroeconomic theory ...