For courses in Introduction to Agricultural or Applied Economics.
Known for its strong coverage of macroeconomic theory and international trade, this text provides students with a systematic introduction to the basic economic concepts and issues impacting the U.S. food and fiber industry. Using a building block approach, the authors discuss individual consumer and producer decision-making, market equilibrium and economic welfare conditions, government intervention in agriculture, macroeconomic policy and international trade. This new edition provides examples not only from the farm, but also throughout the entire food and fiber industry and features updated chapters on natural resources and the government’s role in agriculture.
Table of Contents
PART 1 Introduction
Chapter 1 What is Agricultural Economics?
Chapter 2 The US Food and Fiber Industry
PART 2 Understanding Consumer Behavior
Chapter 3 Theory of Consumer Behavior
Chapter 4 Consumer Equilibrium and Market Demand
Chapter 5 Measurement and Interpretation of Elasticities
PART 3 Business Behavior and Market Equilibrium
Chapter 6 Introduction to Production and Resource Use
Chapter 7 Economics of Input and Product Substitution
Chapter 8 Market Equilibirium and Product Price: Perfect Competition
Chapter 9 Market Equilibirium and Product Price: Imperfect Competition
PART 4 Government in the Food and Fiber Industry
Chapter 10 Natural Resources, the Environment, and Agriculture
Chapter 11 Government Intervention in Agriculture
PART 5 Macroeconomics of Agriculture
Chapter 12 Product Markets and National Output
Chapter 13 Macroeconomic Policy Fundamentals
Chapter 14 Consequences of Business Fluctuations
Chapter 15 Macroeconomic Policy and Agriculture
PART 6 International Agriculture Trade
Chapter 16 Agriculture and International Trade
Chapter 17 Exchange Rates and Agricultural Trade
Chapter 18 Why Nations Trade
Chapter 19 Agricultural Trade Policy and Preferential Trading Arrangements
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Introduction to Agricultural Economics, CourseSmart eTextbook, 5th Edition
Format: Safari Book
$75.99 | ISBN-13: 978-0-13-507045-1