Principles of Agricultural Economics

Introduces the full range of approaches and topics which constitute agricultural economics (including international trade, agribusiness, environmental econ, natural resources, and international development) and illustrates them through real-world case studies to provide a comprehensive, international and up-to-date introduction to ag econ. Starting from core economic principles, the text explores how micro and macro ideas can be applied to issues, events and decision-making in the agricultural sector which makes this text ideal for ag econ courses where students do not have a background in econ. Written in a succinct and reader-friendly format, this text provides students and instructors with a clear, up-to-date, and straightforward approach to learning how a market-based economy functions.