Bibliographic Information

Agricultural economics and agribusiness

Gail L. Cramer, Clarence W. Jensen, Douglas D. Southgate, Jr

John Wiley, c2001

8th ed

  • : cloth

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Includes bibliographical references and index

Description and Table of Contents

Description

This text is designed for a one-quarter or one-semester course in introductory agricultural economics or agribusiness. It examines the structure and organization of the agricultural industry, then discusses basic micro- and macroeconomics principles as they apply to agriculture. Principles of economics are used to demonstrate to the student that theory actually makes reality more understandable.

Table of Contents

1. Introduction 1 2. The Farm and Food System 21 3. Consumer Behavior and Demand 49 4. Producer Decision Making: Single-Variable Input 77 5. Producer Decision Making: Two-Variable Inputs and Enterprise Selection 101 6. Production Costs, Supply, and Price Determination 137 7. Competition and the Market 171 8. Imperfect Competition and Market Regulation 191 9. Macroeconomics 217 10. Financial Picture of Agriculture 245 11. Agricultural Price and Income Policies 277 12. Market Agricultural Commodities 311 13. Natural Resources 345 14. Rural Development 369 15. International Economics 397 16. Agriculture's Role in Economic Development 429 17. Global Food Demand and Supply 451 A List of Reference Books for the Beginning Student 479 Basic Sources of Agricultural Statistics 483 Glossary 489 Photo Credits 505 Index 507

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