Principles of agricultural economics / Andrew Barkley and Paul W. Barkley.

CONTENTS

Introduction to the economics of agriculture --
introduction
economics is important and interesting
what is economics, and what is it about?
scarcity
e.tc

The economics of production --
the production function
physical production relationships
the law of diminishing marginal returns
e.tc

The costs of production --
profits
opportunity costs
costs and output
where do cost curves come from
e.tc

Profit maximization --
introduction
perfect competition
the profit-maximizing level of input
e.tc

Optimal input selection --
introduction
the relationship between inputs
isoquants
e.tc

Optimal output selection --
introduction
the production possibilities frontier
the isorevenue line
e.tc

Consumer choices --
introduction
rational behavior
utility
the law of diminishing marginal utility
e.tc

Supply --
introduction
supply
the elasticity of supply
e.tc

Demand --
introduction
demand
the elasticity of demand
determinants of demand
e.tc

Markets --
introduction
what is a market
market equilibrium
comparative statics
e.tc

Government policies --
introduction
price policies
welfare economics
e.tc

The competitive firm --
market structure
characteristics of perfect competition
the perfectly competitive firm
e.tc

Market power --
market power
monopoly
monopolistic competition
oligopoly
e.tc

Agriculture and the global economy --
globalization and agriculture
interdependence and gains from trade
the principle of comparative advantage
e.tc

Economics, agriculture, and the environment --
introduction
the tragedy of the commons
externality
e.tc

Agribusiness management.
the food supply chain
agribusiness management
agricultural and food marketing
e.tc

Includes Index