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Economics of Resources, Agriculture and Food

Economics of Resources, Agriculture and Food - 2nd edition

ISBN13: 978-1577666240

Cover of Economics of Resources, Agriculture and Food 2ND 02 (ISBN 978-1577666240)
ISBN13: 978-1577666240
ISBN10: 1577666240
Cover type: Hardback
Edition: 2ND 02
Copyright: 2002
Publisher: Waveland Press, Inc.
Published: 2002
International: No
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Economics of Resources, Agriculture and Food - 2ND 02 edition

ISBN13: 978-1577666240

Wesley Seitz, Gerald Nelson and Harold Halcrow

ISBN13: 978-1577666240
ISBN10: 1577666240
Cover type: Hardback
Edition: 2ND 02
Copyright: 2002
Publisher: Waveland Press, Inc.
Published: 2002
International: No
Summary

This text is intended for students who are interested in learning the principles of economics. It is particularly appropriate for students enrolled in colleges of agriculture and in some of the biological and physical science courses in liberal arts colleges, where a familiarity of agriculture will help enliven examples. Economics of Resources, Agriculture, and Food was developed to present the full range of basic economic theory, which is illustrated with examples from resource, agricultural, and food issues of today. Students who study this text will be prepared to understand the basis for most economic and management decisions.

New to This Edition:

  • Coverage of the importance of resource management and conservation in the economics of agriculture.
  • Coverage of the expanded role of agribusiness in the economics of processing and marketing food.
  • Coverage of agricultural economics from an international perspective.
  • Section devoted to macroeconomics.

Features :

  • The first task of this text is to present the basic concepts of microecnomics. An understanding of how individual producers and consumers make economic decisions is fundamental. However, an understanding of the elements of macroeconomics is also key to preparing new economists to deal with complex issues. With these basic tools, students will be ready to appreciate the economic aspects of the major economic issues facing agriculture.

Table of Contents

Part 1 Economic Scope, Organization, and Problems of Agriculture

1. Economics of Resources, Agriculture, and Food

Part 2 Microeconomic Concepts

2. Economics of Demand
3. Production Functions and Product Curves
4. Costs, Returns, and Profit Maximization

Part 3 Markets

5. Theory of Markets
6. Multiple Inputs and Outputs
7. Forms of Market Competition
8. International Trade
9. Agribusiness Organization, Management, and Finance
10. Economic Performance of Agribusiness

Part 4 Macroeconomic Relationships

11. Introduction to Macroeconomics
12. Gross Domestic Product and Fiscal Policy
13. Gross Domestic Product and Monetary Policy
14. Gross Domestic Product, International Transactions, and Macroeconomic Policy

Part 5 Public Policy and Agriculture

15. Resource and Environmental Management
16. Agriculture and Development
17. Agricultural Price and Income Policy
18. Putting It All Together: The Economic System

Glossary
Index

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