Principles of Agricultural Economics: 2nd Edition (Paperback) book cover

Principles of Agricultural Economics

2nd Edition

By Andrew Barkley, Paul W. Barkley

Routledge

424 pages | 221 B/W Illus.

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Description

Principles of Agricultural Economics, now in its second edition, showcases the power of economic principles to explain and predict issues and current events in the food, agricultural, agribusiness, international trade, natural resource and other sectors.

The field of agricultural economics has expanded to include a wide range of important and interesting topics, including macroeconomics, international trade, agribusiness, environmental economics, natural resources, and international development. For this new edition, the text has been updated throughout with a new chapter on policy, separate chapters for supply and demand, and increased coverage of key topics and approaches including finance, trade and behavioural economics. Readers will also benefit from an expanded range of case studies which demonstrate real world examples of the principles under discussion. These include obesity, alternative fuels, trade disputes, and animal welfare. The companion website provides students and instructors with extra material in order to enhance their learning and further their understanding of agricultural economics.

This book introduces economic principles in a succinct and reader-friendly format, providing students and instructors with a clear, up-to-date, and straightforward approach to learning how a market-based economy functions, and how to use simple economic principles for improved decision making. The principles are applied to timely, interesting, and important real-world issues through words, graphs, and simple algebra. This book is for students who study agricultural economics, microeconomics, rural development and environmental policy.

Table of Contents

1. Introduction to the Economics of Agriculture 2. The Economics of Production 3. The Costs of Production 4. Profit Maximization 5. Optimal Input Selection 6. Optimal Output Selection 7. Consumer Choices 8. Supply 9. Demand 10. Markets 11. Government Policies 12. The Competitive Firm 13. Market Power 14. Agriculture And The Global Economy 15. Economics, Agriculture, And The Environment 16. Agribusiness Management

About the Authors

Author

Andrew Barkley

Manhattan, Kansas, United States

Learn more about Andrew Barkley >>

Andrew Barkley is Professor and University Distinguished Teaching Scholar in the Department of Agricultural Economics at Kansas State University, USA.

Paul W. Barkley is Professor Emeritus, School of Economic Sciences, Washington State University and Adjunct Professor in the Applied Economics Department at Oregon State University, USA.

About the Series

Routledge Textbooks in Environmental and Agricultural Economics

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Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS020000
BUSINESS & ECONOMICS / Development / Business Development
BUS025000
BUSINESS & ECONOMICS / Entrepreneurship
BUS044000
BUSINESS & ECONOMICS / Economics / Microeconomics
BUS048000
BUSINESS & ECONOMICS / New Business Enterprises
BUS068000
BUSINESS & ECONOMICS / Development / Economic Development
BUS070010
BUSINESS & ECONOMICS / Industries / Agribusiness