For courses in Introduction to Agricultural or Applied Economics 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 and offers strong coverage of macroeconomic theory and international trade. Teaching and Learning Experience: Strong coverage of macroeconomics, the role of government, and international agricultural trade: The coverage of macroeconomics and agricultural programs and policies allows students to further understand the domestic market economy. Building block approach: Discusses individual consumer and producer decision-making, market equilibrium and economic welfare conditions, government intervention in agriculture, macroeconomic policy, and international trade. Extensive chapter review: Each chapter contains an extensive list of questions designed to test student comprehension of the material covered. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you'll gain instant access to this eBook. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed.

This book showcases the power of economic principles to explain and predict issues and current events in the food, agricultural, agribusiness, international trade, natural resources and other sectors. The result is an agricultural economics textbook that provides students and instructors with a clear, up-to-date, and straightforward approach to learning how a market-based economy functions, and how to use simple economic principles for improved decision making. While the primary focus of the book is on microeconomic aspects, agricultural economics has expanded over recent decades to include issues of macroeconomics, international trade, agribusiness, environmental economics, natural resources, and international development. Hence, these topics are also provided with significant coverage.

This textbook takes a truly international approach towards agricultural economics, uniting many different perspectives on the subject and providing insight into agriculture in general, and into how practical farming works in particular. The book is laced throughout with real world examples and other pedagogical features. Topics covered are wide-ranging and include: world food production and population the food chain and food safety non-foods derived from farming land and soil issues arable and animal production and management at farm level. The World of Agricultural Economics: an introduction is primarily an introductory textbook for students in agricultural economics, agronomy and adjacent fields. However, its accessible approach means that it is also suitable for readers without any previous knowledge in the field, who are seeking an introduction to agriculture.

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.

"Suggested readings" at end of each chapter.