Introduction to Agricultural Economics - Softcover

Softcover

ISBN 10: 0134777123 ISBN 13: 9780134777122

Synopsis

This work provide students with a systematic introduction to the basic concepts and issues in economics as they relate to the US food and fibre industry. The coverage traces the major microeconomic and macroeconomic forces influencing the decisions of producers and consumers of food and fibre products.

About this title

From the Back Cover

Providing integrated coverage of microeconomics, sector performance, macroeconomics, and international trade, Introduction to Agricultural Economics, third edition is still the best book on the market today. Written by experts, this text build's the reader's understanding of decisions made by consumers and producers of food and fiber products.

Features of the new edition include:

• Covers the FAIR Act now governing farm commodity policy.
• Discusses the changing nature of legislation governing international trade and issues related to agriculture as we approach the next round of WTO legislation.
• Comprehensive coverage of consumer demand, including an entire chapter on key elasticity concepts.
• Develops the market supply curve through coverage of the theory of the firm and its reactions to input prices and product prices.

Edition details

• ISBN 10: 0134777123
• ISBN 13: 9780134777122
• Binding: Paperback
• Language: English