Agricultural Economics and Agribusiness
8. Edition January 2001
544 Pages, Softcover
Wiley & Sons Ltd
ISBN:
978-0-471-38847-0
John Wiley & Sons
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!
1. Introduction 1
2. The Farm and Food System 21
3. Consumer Behavior and Demand 49
4. Producer Decision Making: Single-Variable Input 77
5. Producer Decision Making: Two-Variable Inputs and Enterprise Selection 101
6. Production Costs, Supply, and Price Determination 137
7. Competition and the Market 171
8. Imperfect Competition and Market Regulation 191
9. Macroeconomics 217
10. Financial Picture of Agriculture 245
11. Agricultural Price and Income Policies 277
12. Market Agricultural Commodities 311
13. Natural Resources 345
14. Rural Development 369
15. International Economics 397
16. Agriculture's Role in Economic Development 429
17. Global Food Demand and Supply 451
A List of Reference Books for the Beginning Student 479
Basic Sources of Agricultural Statistics 483
Glossary 489
Photo Credits 505
Index 507
2. The Farm and Food System 21
3. Consumer Behavior and Demand 49
4. Producer Decision Making: Single-Variable Input 77
5. Producer Decision Making: Two-Variable Inputs and Enterprise Selection 101
6. Production Costs, Supply, and Price Determination 137
7. Competition and the Market 171
8. Imperfect Competition and Market Regulation 191
9. Macroeconomics 217
10. Financial Picture of Agriculture 245
11. Agricultural Price and Income Policies 277
12. Market Agricultural Commodities 311
13. Natural Resources 345
14. Rural Development 369
15. International Economics 397
16. Agriculture's Role in Economic Development 429
17. Global Food Demand and Supply 451
A List of Reference Books for the Beginning Student 479
Basic Sources of Agricultural Statistics 483
Glossary 489
Photo Credits 505
Index 507
Gail L. Cramer is currently L. C. Carter Chair Professor in
the Department of Agricultural Economics and Agribusiness at thre
University of Arkansas, a position he has held since 1987. He
attained his Bachelor's degree in 1963 from Wahsington State
University, hos Master's degree from Michigan State University in
1964, and his Ph.D. in Agricultural Economics from Oregon State
University in 1967.
Clearance W. Jensen is currently Professor Emeritus in
the Department of Agricultural Economics and Economics, an
appointment he has enjoyed since 1980.
He attended Montana State College where he was granted Bachelors
and Masters degrees in Agricultural Economics and Economics in 1951
and 1952. Further graduate work at Michigan State University was
completed, where he received the Ph.D. degree in Agricultural
Economics and Economics in 1958.
Douglas D. Southgate, Jr. is a Professor of agricultural
economics at Ohio State University, where he also has directed the
International studies Center and the Latin American Studies
Program. He was awarded a bachelor's degree in economics by the
University of Oregon in 1974 and was elected to Phi Beta Kappa. He
completed his Ph.D. in agricultural economics at the University of
Wisconsin, in 1980, and the same year joined the faculty at Ohio
State. He was promoted to associate professor in 1986 and to full
professor in 1995.
the Department of Agricultural Economics and Agribusiness at thre
University of Arkansas, a position he has held since 1987. He
attained his Bachelor's degree in 1963 from Wahsington State
University, hos Master's degree from Michigan State University in
1964, and his Ph.D. in Agricultural Economics from Oregon State
University in 1967.
Clearance W. Jensen is currently Professor Emeritus in
the Department of Agricultural Economics and Economics, an
appointment he has enjoyed since 1980.
He attended Montana State College where he was granted Bachelors
and Masters degrees in Agricultural Economics and Economics in 1951
and 1952. Further graduate work at Michigan State University was
completed, where he received the Ph.D. degree in Agricultural
Economics and Economics in 1958.
Douglas D. Southgate, Jr. is a Professor of agricultural
economics at Ohio State University, where he also has directed the
International studies Center and the Latin American Studies
Program. He was awarded a bachelor's degree in economics by the
University of Oregon in 1974 and was elected to Phi Beta Kappa. He
completed his Ph.D. in agricultural economics at the University of
Wisconsin, in 1980, and the same year joined the faculty at Ohio
State. He was promoted to associate professor in 1986 and to full
professor in 1995.
