Synopses & Reviews
Synopsis
For courses in Introduction to Agricultural or Applied Economics
Introduction to Agricultural Economics, 7/e, provides students with a systematic introduction to the basic economic concepts and issues impacting the U.S. food and fiber industry and offers strong coverage of macroeconomic theory and international trade.
Teaching and Learning Experience: Strong coverage of macroeconomics, the role of government, and international agricultural trade: The coverage of macroeconomics and agricultural programs and policies allows students to further understand the domestic market economy.
Building block approach: Discusses individual consumer and producer decision-making, market equilibrium and economic welfare conditions, government intervention in agriculture, macroeconomic policy, and international trade.
Extensive chapter review: Each chapter contains an extensive list of questions designed to test student comprehension of the material covered.
Synopsis
A systematic overview of the economic forces influencing the food and fiber industry . Introduction to Agricultural Economics provides students with a systematic, building block introduction to the basic economic concepts and issues impacting the U.S. food and fiber industry today. Thorough coverage of microeconomic and macroeconomic theory, the role of government, and international trade policies allows readers to gain an understanding of domestic consumers and overseas markets. Each chapter offers extensive review opportunities that let students test their knowledge of important concepts and prepare for exams. The Seventh Edition has been thoroughly revised to provide the most up-to-date coverage of the dynamic food and fiber industry within the global economy.