£62.99

PEARSON EDUCATION Agricultural Economics

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Description

For one-semester introductory course in agricultural and environmental economics intended for the non-major. This innovative text provides a broad view of the food system, with its emphasis on the links among financial institutions, the macro economy, world markets, government programs, farms, agribusinesses, food marketing, and the environment. It illustrates the six economic concepts which form the foundation of the economist's decision making process including supply and demand, opportunity cost, diminishing returns, marginality, measuring costs and returns, and the externalities of transactions. Presented in a non-threatening conceptual framework, the material covered in this text maintains a strong attachment to the application of agricultural economics to the real world. From the Back Cover Economics is about decision making. It deals with how decisions are made under varied conditions and circumstances and includes the evaluation of alternative decisions for a given situation. Because decisions are a fact of life, economics is with each of us on a daily basis. From the everyday activities of selecting fresh vegetables or certain cuts of meat in the supermarket to the less frequently made decisions about one's future education and career, economics plays a major role in who we are and how we conduct our lives. This text takes a thorough look at agricultural economics from the broad perspective of the food system that emphasizes linkages between and among financial institutions, the macro economy, world markets, governmental programs, farms, agribusinesses, food marketing, and the environment. The key economics concepts forming the foundation of how economics approach decision making―Supply and Demand, Opportunity Cost, Diminishing Returns, Marginality, Costs and Returns, and Externalities―are woven throughout the book in a style that is both clear and engaging, with real-world examples that are easily understood by any reader interested in learning about agricultural economics. Agricultural Economics is designed for use in the one-semester (or two-quarter sequence) undergraduate course, Introduction to Agricultural Economics.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
05 September 2000
Listed Since
11 December 2006

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