Agricultural Economics and Management

About this book

Unlike other similar books this step-by-step introduction to basic economics focuses on economic and management decision making in agriculture specifically; systematically explores the full range of theoretical tools; and then relates them to practical management situations using real-world data and examples and the most up-to-date agricultural policy. Covers the full range of tools for management decision making (how much to produce how to produce what to produce) -- e.g. physical production relationships cost relationship in production utility maximization and Consumer Demand Theory supply and demand and market price determination. Explores a variety of managerial situations and tools -- e.g. competitive decision making; noncompetitive decision making; time risk and uncertainty. Considers the decision making environment -- e.g. marketing activities governmental impacts in agriculture macroeconomic policy linkages to agriculture and agribusiness international trade and agriculture and environmental considerations. Uses real-world data and examples to illustrate basic theoretical concepts. For those interested in agricultural management and agricultural economics.