Economics of Resources, Agriculture, and Food / Edition 2

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Overview

Economics of Resources, Agriculture, and Food provides a solid foundation of both micro and macro economics in the context of the contemporary problems being addressed by agricultural economists. In addition to the usual examples taken from production agriculture, the book is laced with examples from and references to agribusiness, international agriculture, and consumer problems. Realizing that what was once "farm policy" is now comprehensive "resource, agriculture, and food" policy set in an international setting, these authors now provide readers with a single source that encompasses the numerous, recent developments and trends in this ever-changing field. . . a field that has become more demanding and more exciting than ever.
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Product Details

  • ISBN-13: 9781577666240
  • Publisher: Waveland Press, Inc.
  • Publication date: 7/6/2009
  • Edition description: New Edition
  • Edition number: 2
  • Pages: 544
  • Sales rank: 1,276,246
  • Product dimensions: 7.50 (w) x 9.30 (h) x 1.30 (d)

Table of Contents

Preface
Pt. 1 Economic Scope, Organization, and Problems of Agriculture
1 Economics of Resources, Agriculture, and Food 3
Pt. 2 Microeconomic Concepts
2 Economics of Demand 21
3 Production Functions and Product Curves 44
4 Costs, Returns, and Profit Maximization 61
Pt. 3 Markets
5 Theory of Markets 89
6 Multiple Inputs and Outputs 107
7 Forms of Market Competition 122
8 Elasticity of Demand and Supply 145
9 International Trade 165
10 Resource and Environmental Markets 194
11 Agribusiness Organization, Management, and Finance 207
12 Economic Performance of Agribusinesses 226
Pt. 4 Macroeconomic Relationships
13 Introduction to Macroeconomics 243
14 Gross Domestic Product and Fiscal Policy 274
15 Gross Domestic Product and Monetary Policy 296
16 Gross Domestic Product, International Transactions, and Macroeconomic Policy 315
Pt. 5 Public Policy and Agriculture
17 Agriculture and Development 341
18 Agricultural Price and Income Policy 367
19 Resource and Environmental Management 388
20 Putting It All Together: The Economic System 411
Glossary 431
Index 471
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