Introduction to Agricultural Economics, 7th edition
Published by Pearson (March 22nd 2017) - Copyright © 2018
Introduction to Agricultural Economics (Subscription)
ISBN-13: 9780134602837Includes: eText
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Introduction to Agricultural Economics
ISBN-13: 9780134602820Includes: Hardcover
You'll get a bound printed text.
A systematic overview of the economic forces influencing the food and fiber industry.
Introduction to Agricultural Economics provides students with a systematic, building block introduction to the basic economic concepts and issues impacting the U.S. food and fiber industry today. Thorough coverage of microeconomic and macroeconomic theory, the role of government, and international trade policies allows readers to gain an understanding of domestic consumers and overseas markets. Each chapter offers extensive review opportunities that let students test their knowledge of important concepts and prepare for exams. The Seventh Edition has been thoroughly revised to provide the most up-to-date coverage of the dynamic food and fiber industry within the global economy.
Table of contents
Part I: Introduction
1. What is Agricultural Economics?
2. The U.S. Food and Fiber Industry
Part II: Understanding Consumer Behavior
3. Theory of Consumer Behavior
4. Consumer Equilibrium and Market Demand
5. Measurement and Interpretation of Elasticities
Part II: Business Behavior and Market Equilibrium
6. Introduction to Production and Resource Use
7. Economics of Input and Product Substitution
8. Market Equilibrium and Product Price: Perfect Competition
9. Market Equilibrium and Product Price: Imperfect Competition
Part IV: Government in the Food and Fiber Industry
10. Natural Resources, the Environment, and Agriculture
11. Government Intervention in Agriculture
Part V: Macroeconomics of Agriculture
12. Product Markets and National Output
13. Macroeconomic Policy Fundamentals
14. Consequences of Business Fluctuations
15. Macroeconomic Policy and Agriculture
Part VI: International Agricultural Trade
16. Agricultural Trade and Exchange Rates
17. Why Nations Trade
18. Agricultural Trade Policy and Preferential Trading Arrangements
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