Product Cover Image

Agricultural Economics, CourseSmart eTextbook, 3rd Edition

By H. Evan Drummond, John W. Goodwin

Published by Prentice Hall

Published Date: Feb 4, 2010

More Product Info


For courses in Introductory Agricultural Economics.


Agricultural Economics, Third Edition, offers a broad view of the food system, emphasizing the links between and among financial institutions, the macro economy, world markets, government programs, farms, agribusinesses, food marketing, and the environment. The text lays out the basic theory of microeconomics with numerous examples from the food and agricultural industries, while its coverage of macroeconomics emphasizes real world applications rather than pure theory. Addressing many topics lightly instead of one or two topics in depth, the text allows flexibility for instructors to "skip around" topics.

Table of Contents


1.      The Food Industry

2.      Introduction to Agricultural Economics

3.      Introduction to Market Price Determination



4.      The Firm as a Production Unit

5.      Costs and Optimal Output Levels

6.      Supply, Market Adjustments, and Input Demands

7.      Imperfect Competition and Government Regulation

8.      The Theory of Consumer Behavior

9.      The Concept of Elasticity



10.  Money and Financial Intermediaries

11.  The Circular Flow of Income

12.  Monetary Policy

13.  Fiscal Policy

14.  International Trade

15.  Agricultural Policy



16.  Food Marketing: From Stable to Table

17.  Futures Markets

18.  Financial Markets

19.  Investment Analysis

20.  Farm Service Sector

21.  The Economics of Market Failure

22.  The Malthusian Dilemma

23.  Economic Development and Food

Purchase Info ?

With CourseSmart eTextbooks and eResources, you save up to 60% off the price of new print textbooks, and can switch between studying online or offline to suit your needs.

Once you have purchased your eTextbooks and added them to your CourseSmart bookshelf, you can access them anytime, anywhere.

Buy Access

Agricultural Economics, CourseSmart eTextbook, 3rd Edition
Format: Safari Book

$85.99 | ISBN-13: 978-0-13-607195-2