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Agricultural Economics

Agricultural Economics - 01 edition

ISBN13: 978-0130846556

Cover of Agricultural Economics 01 (ISBN 978-0130846556)
ISBN13: 978-0130846556
ISBN10: 0130846554
Cover type: Hardback
Edition/Copyright: 01
Publisher: Prentice Hall, Inc.
Published: 2001
International: No

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Agricultural Economics - 01 edition

ISBN13: 978-0130846556

H. Evans Drummond and John W. Goodwin

ISBN13: 978-0130846556
ISBN10: 0130846554
Cover type: Hardback
Edition/Copyright: 01
Publisher: Prentice Hall, Inc.

Published: 2001
International: No
Summary

This text takes a thorough look at agricultural economics from the broad perspective of the food system that emphasizes linkages between and among financial institutions, the macro economy, world markets, governmental programs, farms, agribusinesses, food marketing, and the environment. The key economics concepts forming the foundation of how economics approach decision making--Supply and Demand, Opportunity Cost, Diminishing Returns, Marginality, Costs and Returns, and Externalities--are woven throughout the book in a style that is both clear and engaging, with real-world examples that are easily understood by any reader interested in learning about agricultural economics.

Agricultural Economics is designed for use in the one-semester (or two-quarter sequence) undergraduate course, Introduction to Agricultural Economics.

Table of Contents

1. Introduction to Agricultural Economics.
2. Introduction to Market Price Determination.
3. Financial Markets.
4. Money and Financial Intermediaries.
5. Monetary Policy.
6. The Circular Flow of Income.
7. Fiscal Policy.
8. International Trade.
9. Agricultural Policy.
10. The Firm as a Production Unit.
11. Costs and Optimal Output Levels.
12. Firm Supply and the Market.
13. Imperfect Competition and Government Regulation.
14. Theory of Consumer Behavior.
15. The Concept of Elasticity.
16. Food Marketing: From Stable to Table.
17. Futures Markets.
18. Farm Service Sector.
19. Investment Analysis.
20. Environmental Policy and Market Failure.
21. The Malthusian Dilemma.
22. Economic Development and Food.


Glossary.
Index.

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