
- 356 pages
- English
- PDF
- Available on iOS & Android
An Introduction to Economics for Students of Agriculture
About this book
The Introduction to Economics for Students of Agriculture describes the universal economic principles, illustrated primarily by examples drawn from farming and the food industry. This book is composed of nine chapters, and begins with what an overview of the concepts of economics, its objective, with a particular emphasis on the mechanism of allocating scarce resources. The succeeding chapters deal with the behavior of individual through the theory of consumer choice, the concept of demand and supply, market competitions, and production economics. These topics are followed by discussions on the mobility of the factors of production and unemployment, and some problems of using the market as a resource allocator. This book will prove useful to economists, agriculturists, and students.
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Information
Table of contents
- Front Cover
- An Introduction to Economics for Students of Agriculture
- Copyright Page
- Table of Contents
- Introduction
- Acknowledgements
- CHAPTER 1. What is Economics?
- CHAPTER 2. Explaining the behaviour of individuals (Theory of Consumer Choice)
- CHAPTER 3. Demand and Supplyâthe price mechanism in a market economy
- CHAPTER 4. Markets and competition
- CHAPTER 5. Production Economics (Theory of the Firm)
- CHAPTER 6. Factors of Production and their rewards (Theory of Distribution)
- CHAPTER 7. Some problems of using the market as a resource allocator
- CHAPTER 8. Macro-economicsâthe workings of the whole economy
- CHAPTER 9. International Trade
- Suggested further reading
- Essay questions
- Appendix: Suggested answers and explanations for the exercises following each chapter
- Index