Known for its strong coverage of macroeconomic theory and international trade, Introduction to Agricultural Economics 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 continues to take a broad perspective--providing examples not only from the farm, but also throughout the entire food and fiber industry--and features a new chapter on natural resources, an updated design, and margin notes throughout.
Introduction to Agricultural Economics (5th Edition)
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Book Description
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From the Publisher
These authors 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 U.S. economy--the food and fiber industry. Their coverage traces the major microeconomic and macroeconomic forces influencing the decisions of producers and consumers of food and fiber products.
--This text refers to an out of print or unavailable edition of 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.
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Most Helpful Customer Reviews
2 of 2 people found the following review helpful:
5.0 out of 5 stars
Simply the best ...,
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This review is from: Introduction to Agricultural Economics (4th Edition) (Hardcover)
Actualy this book about macroeconomics in agribusiness field, it is very good book for learning and using in research and very easy to understand. This is best way to understand economy of agribusiness.
5.0 out of 5 stars
Awesome condition,
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This review is from: Introduction to Agricultural Economics (5th Edition) (Paperback)
Book arrived well within the estimated timeframe in better than expected condition-no highlighting or bent corners. Would definately order from this source again!
3 of 6 people found the following review helpful:
2.0 out of 5 stars
Not bad for a first contact,
By IJD (Athens, Greece) - See all my reviews
This review is from: Introduction to Agricultural Economics (3rd Edition) (Hardcover)
Good introductory text, with structured presentation. Needs more challenging case studies and exercises.
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