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Agricultural economics and agribusiness /

Cramer, Gail L.

Agricultural economics and agribusiness / Gail L. Cramer, Clarence W. Jensen, Douglas D. Southgate, Jr. - 8th ed. - New York : John Wiley, c2001. - xx, 519 p. : ill. ; 24 cm.

Includes bibliographical references and index.

Introduction --
The farm and food system --
Consumer behavior and demand --
Producer decision making: single-variable input functions --
Producer decision making: two-variable inputs and enterprise selection --
Production costs, supply, and price determination --
Competition and the market --
Imperfect competition and market regulation --
Macroeconomics --
Financial picture of agriculture --
Agricultural price and income policies --
Marketing agricultural commodities --
Natural resources --
Rural development --
International economics --
Agriculture's role in economic development --
Global food demand and supply --
A list of reference books for the beginning student --
Basic sources of agricultural statistics --
Glossary --
Photo credits --
Index. TOC

This book 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 reader that theory actually makes reality more understandable. The book is at the right level and is kept consistently up-to-date ; the only text that has been consistently revised!

0471388475 (cloth : alk. paper) 9780471388470


Agriculture--Economic aspects.
Agriculture--Economic aspects--United States.
Agricultural industries.
Agricultural industries--United States.

HD1415 / .C7 2001

338.1 / CRA 2001

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