For courses in Introduction to Agricultural or Applied Economics Introduction to Agricultural Economics, Sixth Edition, 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. The Teaching and Learning Package includes an Instructor's Manual and PowerPoint slides. 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.
Part One: Introduction1. What is Agricultural Economics?2. The U.S. Food and Fiber Industry Part Two: Understanding Consumer Behavior3. Theory of Consumer Behavior4. Consumer Equilibrium and Market Demand5. Measurement and Interpretation of Elasticities Part Three: Business Behavior and Market Equilibrium6. Introduction to Production and Resource Use7. Economics of Input and Product Substitution8. Market Equilibrium and Product Price: Perfect Competition9. Market Equilibrium and Product Price: Imperfect Competition Part Four: Government in the Food and Fiber Industry10. Natural Resources, the Environment, and Agriculture11. Government Intervention in Agriculture Part Five: Macroeconomics of Agriculture12. Product Markets and National Output13. Macroeconomic Policy Fundamentals14. Consequences of Business Fluctuations15. Macroeconomic Policy and Agriculture Past Six: International Agricultural Trade16. Agricultural Trade and Exchange Rates17. Why Nations Trade18. Agricultural Trade Policy and Preferential Trading Arrangements GlossaryIndex
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- ID: 9781292073064
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