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, ...show moreand 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. ...show lessEdition/Copyright: 01
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