Introduction to agricultural economics /

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Bibliographic Details
Main Authors: Penson, John B., Jr (Author), Capps, Oral (Author), Rosson, C. Parr (Author), Woodward, Richard T. (Author)
Format: Book
Language:English
Published: Hoboken Pearson 2018.
Edition:Seventh edition.
Subjects:
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Table of Contents:
  • pt. 1. Introduction
  • What is agricultural economics?
  • The U.S. food and fiber industry
  • pt. 2. Understanding consumer behavior
  • Theory of consumer behavior
  • Consumer equilibrium and market demand
  • Measurement and interpretation of elasticities
  • pt. 3. Business behavior and market equilibrium
  • Introduction to production and resource use
  • Economics of input and product substitution
  • Market equilibrium and product price : Perfect competition
  • Market equilibrium and product price : Imperfect competition
  • pt. 4. Government in the food and fiber industry
  • Natural resources, the environment, and agriculture
  • Government intervention in agriculture
  • pt. 5. Macroeconomics of agriculture
  • Product markets and national output
  • Macroeconomic policy fundamentals
  • Consequences of business fluctuations
  • Macroeconomic policy and agriculture
  • pt. 6. International agricultural trade
  • Agricultural trade and exchange rates
  • Why nations trade
  • Agricultural trade policy and preferential trading arrangements.