Agricultural Economics and Management / Edition 1

by Kenneth L. Casavant, Craig L. Infanger, Deborah E. Bridges

Overview

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.

Product Details

ISBN-13:	9780136601845
Publisher:	Pearson
Publication date:	06/23/1998
Edition description:	New Edition
Pages:	434
Product dimensions:	7.00(w) x 8.90(h) x 1.10(d)

Table of Contents

I. TOOLS FOR DECISION MAKING.

1. Management, Economics and Decision Making: An Introduction.

2. Physical Production Relationships.

3. Cost Relationships in Production.

4. Management Decisions: How Much to Produce?

5. Management Decisions: How to Produce?

6. Management Decisions: What to Produce?

7. Utility Maximization and Consumer Demand Theory.

8. Supply and Demand (As Decision Making Tools).

9. Market Price Determination.

II. MANAGERIAL TOOLS.

10. Competitive Decision Making.

11. Noncompetitive Decision Making.

12. Time, Risk, and Uncertainty in Management Decisions.

III. THE DECISION MAKING ENVIRONMENT.

13. Marketing Activities and Management Decisions.

14. Government in Agriculture: Impacts on Decisions.

15. Macroeconomic Policy Linkages to Agriculture and Agribusiness.

16. International Trade and Agriculture.

17. Environmental Policy: Impacts on Decisions.

Glossary.

Index.

Editorial Reviews

An introductory textbook for students of agricultural economics and others who find occasion to take a course in it. Provides exposure to the business side of agriculture in a management environment. Introduces the basic terminology and concepts in an informal manner, then proceeding to more a technical writing style to analyze advanced topics. Drawing heavily from the principles of basic microeconomic theory, identifies the problems-solving methods in management, then strengthens the decision-making procedures with various pragmatic, managerial concepts. Includes a glossary without pronunciation. No bibliography. Annotation c. by Book News, Inc., Portland, Or.

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