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Introduction to Agricultural Economics » (5th Edition)

Book cover image of Introduction to Agricultural Economics by C. Parr Rosson

Authors: C. Parr Rosson, Richard Woodward, Oral Capps Jr., John B. Penson Jr.
ISBN-13: 9780131592483, ISBN-10: 0131592483
Format: Paperback
Publisher: Prentice Hall
Date Published: July 2009
Edition: 5th Edition

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Author Biography: C. Parr Rosson

Book Synopsis

Known for its strong coverage of macroeconomic theory and international trade, this book provides readers with a systematic introduction to the basic economic concepts and issues impacting the U.S. food and fiber industry. Using a building block approach, the authors discuss individual consumer and producer decision-making, market equilibrium and economic welfare conditions, government intervention in agriculture, macroeconomic policy and international trade. This new edition provides examples not only from the farm, but also throughout the entire food and fiber industry and features updated chapters on natural resources and the government’s role in agriculture. Some additional new features include:

  • Enhanced coverage of natural resource issues

  • Revised chapter on the government’s role in agriculture.

  • Expanded and Updated! Testing Your Economic quotient sections

This is a perfect resource for anyone interested in agriculture.

Table of Contents

PART 1 Introduction

Chapter 1 What is Agricultural Economics?

Chapter 2 The US Food and Fiber Industry

PART 2 Understanding Consumer Behavior

Chapter 3 Theory of Consumer Behavior

Chapter 4 Consumer Equilibrium and Market Demand

Chapter 5 Measurement and Interpretation of Elasticities

PART 3 Business Behavior and Market Equilibrium

Chapter 6 Introduction to Production and Resource Use

Chapter 7 Economics of Input and Product Substitution

Chapter 8 Market Equilibirium and Product Price: Perfect Competition

Chapter 9 Market Equilibirium and Product Price: Imperfect Competition

PART 4 Government in the Food and Fiber Industry

Chapter 10 Natural Resources, the Environment, and Agriculture

Chapter 11 Government Intervention in Agriculture

PART 5 Macroeconomics of Agriculture

Chapter 12 Product Markets and National Output

Chapter 13 Macroeconomic Policy Fundamentals

Chapter 14 Consequences of Business Fluctuations

Chapter 15 Macroeconomic Policy and Agriculture

PART 6 International Agriculture Trade

Chapter 16 Agriculture and International Trade

Chapter 17 Exchange Rates and Agricultural Trade

Chapter 18 Why Nations Trade

Chapter 19 Agricultural Trade Policy and Preferential Trading Arrangements

Glossary

Index

Subjects