Introduction to Agricultural Economics by John B. Penson & Oral Capps & C. Parr Rosson

Introduction to Agricultural Economics This text presents Agribusinesss vis-a-vis Production. The text presents basic concepts of economics applied to the food and fiber industry. The micro and macro focuses influencing the decisions of producers and consumers is quite detailed.

Helping readers understand the governing economic forces behind our agricultural industry, this jargon-free survey provides a systematic introduction to the basic concepts and issues in economics as they relate to the food and fiber industry - a major segment of the U.S. economy. Covering key economic principles and their application to the food and fiber system, it traces microeconomic, macroeconomic, and global forces influencing the decisions of producers and consumers of food and fiber products, and focuses on the leading problems and issues confronting this important industry today. Contains comprehensive micro coverage with heavy emphasis on interpretation/applications of marginal analysis in decision-making, and comprehensive macro coverage with discussions on the implications that events elsewhere in the economy have upon price of food and producer profits, as well as consumer economic well-being. Considers trade theory and issues facing domestic producers and consumers in light NAFTA and trade liberalization. Now looks at the effect of the 1996 FAIR Act, and presents a new chapter on resource economics.
Author(s) : Format : Hardback Book
ISBN-10 : 0139011900 ISBN-13 : 9780139011900
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Product Details:

Country Publication : United States

Publication Date : 04/11/1998

Publisher : Pearson Higher Education

Page Length : 572mm

Page Size : 235mm