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Introduction to Agricultural Economics
ISBN: 9780131024687 | 013102468X
Format: HardcoverPublisher: Prentice Hall Professional Technical Reference
Pub. Date: 12/1/1995
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This innovative book will provide beginning students in agriculture with a systematic introduction to the basic concepts and issues in economics as they relate to a major segment of the US economy - the food and fiber industry. The coverage traces the major microeconomic and macroeconomic forces influencing the decisions of producers and consumers of food and fiber products. Outstanding features of this new book include the economic principles and practices affecting producers and consumers of food and fiber products; answers to the question "What is agricultural economics?" by defining the field of economics, and then developing a definition of agricultural economics based on the role that agricultural economists play at both the micro and macro levels; description of concepts in an easy-to-understand style supported by excellent graphical analysis; thorough coverage of international agricultural trade issues; a sound instructional framework in each chapter composed of chapter overviews, chapter summaries, definitions of key terms, references, and suggestions for further reading; addressing the entirety of the food and fiber industry; five chapters on the economics of agriculture; and a discussion on the impact of trade and the international aspects of agriculture.
| Introduction | p. 1 |
| What is Agricultural Economics? | p. 3 |
| The U.S. Food and Fiber Industry | p. 20 |
| Understanding Consumer Behavior | p. 53 |
| Theory of Consumer Behavior | p. 55 |
| Consumer Equilibrium and Market Demand | p. 74 |
| Measurement and Interpretation of Elasticities | p. 100 |
| Business Behavior and Market Equilibrium | p. 121 |
| Assessing Business Per... MORE | p. 123 |
| Introduction to Production and Resource Use | p. 141 |
| Economics of Input Substitution | p. 172 |
| Economics of Product Substitution | p. 197 |
| Market Equilibrium and Product Price: Perfect Competition | p. 212 |
| Market Equilibrium and Product Price: Imperfect Competition | p. 231 |
| Government in the Food and Fiber Industry | p. 267 |
| Government Intervention in Agriculture | p. 269 |
| Supporting Farm Prices and Incomes | p. 294 |
| Macroeconomics of Agriculture | p. 321 |
| Product Markets and National Output | p. 323 |
| Consequences of Business Fluctuations | p. 351 |
| Money, Money Markets, and Monetary Policy | p. 374 |
| Fiscal Policy and Budget Deficits | p. 399 |
| Macroeconomic Policy and Agriculture | p. 422 |
| International Agricultural Trade | p. 451 |
| Agriculture and International Trade | p. 453 |
| Exchange Rates and Agricultural Trade | p. 480 |
| Why Nations Trade | p. 510 |
| Agricultural Trade Policy | p. 525 |
| Emerging Issues in Agricultural Trade: the Formation of Preferential Trading Arrangements | p. 552 |
| Index | p. 569 |
| Table of Contents provided by Syndetics. All Rights Reserved. |
