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Introduction to agricultural economics (Record no. 19253)

MARC details
000 -LEADER
fixed length control field 10418nam a22001937a 4500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20200603131844.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 191129b ||||| |||| 00| 0 eng d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9789353436629 (pbk)
040 ## - CATALOGING SOURCE
Transcribing agency PK-IsLIS
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 338.1
Item number P3878
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Penson, John B.
245 ## - TITLE STATEMENT
Title Introduction to agricultural economics
Statement of responsibility, etc / John B. Penson; Oral Capps; C. Parr Rosson & Richard T. Woodward
250 ## - EDITION STATEMENT
Edition statement 6th ed.
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Uttar Pradesh :
Name of publisher, distributor, etc Pearson Education,
Date of publication, distribution, etc 2019
300 ## - PHYSICAL DESCRIPTION
Extent 428 p.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Agriculture -- Economic aspects. Produce trade. Agriculture -- Economic aspects -- United States.
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Books
505 0# - FORMATTED CONTENTS NOTE
Formatted contents note Cover --<br/>Title --<br/>Copyright --<br/>Contents --<br/>Part one Introduction --<br/>1 What Is Agricultural Economics? --<br/>Scope of Economics --<br/>Scarce Resources --<br/>Making Choices --<br/>Definition of Economics --<br/>Microeconomics versus Macroeconomics --<br/>Positive versus Normative Economics --<br/>Alternative Economic Systems --<br/>Definition of Agricultural Economics --<br/>What Does an Agricultural Economist Do? --<br/>Role at Microeconomic Level --<br/>Role at Macroeconomic Level --<br/>Marginal Analysis --<br/>What Lies Ahead? --<br/>Summary --<br/>Key Terms --<br/>Testing Your Economic Quotient --<br/>References --<br/>Graphical Analysis --<br/>2 The U.S. Food and Fiber Industry --<br/>Indices --<br/>What is the Food and Fiber Industry? --<br/>Changing Complexion of Farming --<br/>Physical Structure --<br/>Specialization, Diversification, Organization, and Contracting --<br/>Productivity --<br/>Profitability --<br/>Financial Structure --<br/>Other Sectors in the Food and Fiber Industry --<br/>Farm Input Suppliers --<br/>Food Processors, Wholesalers, and Retailers --<br/>Value-Added Process --<br/>Fiber Manufacturers --<br/>Shippers and Handlers --<br/>Importance of Export Markets --<br/>Summary --<br/>Key Terms --<br/>Testing Your Economic Quotient --<br/>References --<br/>Part two Understanding Consumer Behavior --<br/>3 Theory of Consumer Behavior --<br/>Utility Theory --<br/>Total Utility --<br/>Marginal Utility --<br/>Law of Diminishing Marginal Utility --<br/>Indifference Curves --<br/>Concept of Isoutility --<br/>Marginal Rate of Substitution --<br/>The Budget Constraint --<br/>Summary --<br/>Key Terms --<br/>Testing Your Economic Quotient --<br/>Reference --<br/>4 Consumer Equilibrium and Market Demand --<br/>Conditions for Consumer Equilibrium --<br/>Changes in Equilibrium --<br/>Changes in Product Price --<br/>Changes in Other Demand Determinants --<br/>The Law of Demand --<br/>Market Demand --<br/>Interpretation of Market Demand --<br/>Tastes and Preferences --<br/>Composition of the Population --<br/>Attitudes toward Nutrition and Health --<br/>Food Safety --<br/>Lifestyles Technological Forces --<br/>Advertising and Promotion --<br/>Consumer Surplus --<br/>Summary --<br/>Key Terms --<br/>Testing Your Economic Quotient --<br/>Reference --<br/>5 Measurement and Interpretation of Elasticities --<br/>Own-Price Elasticity of Demand --<br/>Income Elasticity of Demand --<br/>Cross-Price Elasticity of Demand --<br/>Other General Properties --<br/>Some Real-World Examples --<br/>Applicability of Demand Elasticities --<br/>Applicability to Policymakers --<br/>Applicability to Farmers --<br/>Applicability to Consumers --<br/>Applicability to Input Manufacturers --<br/>Applicability to Food Processors and Trade Firms --<br/>Summary --<br/>Key Terms --<br/>Testing Your Economic Quotient --<br/>References --<br/>Part three Business Behavior and Market Equilibrium --<br/>6 Introduction to Production and Resource Use --<br/>Conditions for Perfect Competition --<br/>Classification of Inputs --<br/>Land --<br/>Labor --<br/>Capital --<br/>Management --<br/>Important Production Relationships --<br/>The Production Function --<br/>Total Physical Product Curve --<br/>Marginal Physical Product Curve --<br/>Average Physical Product Curve --<br/>Stages of Production --<br/>Assessing Short-Run Business Costs --<br/>Total Costs and the TPP Curve --<br/>Average Costs and the APP Curve --<br/>Marginal Costs and the MPP Curve --<br/>Economics of Short-Run Decisions --<br/>Marginal and Average Revenue --<br/>Level of Output: MC = MR --<br/>Level of Resource Use: MVP = MIC --<br/>What Lies Ahead? --<br/>Summary --<br/>Key Terms --<br/>Testing Your Economic Quotient --<br/>7 Economics of Input and Product Substitution --<br/>Concept and Measurement of Isoquants --<br/>Rate of Technical Substitution --<br/>The Iso-Cost Line --<br/>Least-Cost Use of Inputs for a Given Output --<br/>Short-Run Least-Cost Input Use --<br/>Effects of Input Price Changes --<br/>Least-Cost Input Use for a Given Budget --<br/>Long-Run Expansion of Input Use --<br/>Long-Run Average Costs --<br/>The Long-Run Planning Curve --<br/>Economics of Business Expansion --<br/>Capital Variable in the Long Run Concept and Measurement of the Production Possibilities Frontier --<br/>Production Possibilities Frontier --<br/>Product Substitution --<br/>Concept and Measurement of the Iso-Revenue Line --<br/>Profit-Maximizing Combination of Products --<br/>Choice of Products in the Short Run --<br/>Effects of Change in Product Prices --<br/>Summary --<br/>Key Terms --<br/>Testing Your Economic Quotient --<br/>Reference --<br/>8 Market Equilibrium and Product Price: Perfect Competition --<br/>Derivation of the Market Supply Curve --<br/>Firm Supply Curve --<br/>Market Supply Curve --<br/>Own-Price Elasticity of Supply --<br/>Producer Surplus --<br/>Market Equilibrium Under Perfect Competition --<br/>Market Equilibrium --<br/>Total Economic Surplus --<br/>Applicability to Policy Analysis --<br/>Adjustments to Market Equilibrium --<br/>Market Disequilibrium --<br/>Length of Adjustment Period --<br/>Cobweb Adjustment Cycle --<br/>Summary --<br/>Key Terms --<br/>Testing Your Economic Quotient --<br/>9 Market Equilibrium and Product Price: Imperfect Competition --<br/>Market Structure Characteristics --<br/>Number of Firms and Size Distribution --<br/>Product Differentiation --<br/>Barriers to Entry --<br/>Economic Environment --<br/>Classification of Firms --<br/>Imperfect Competition in Selling --<br/>Monopolistic Competition --<br/>Oligopoly --<br/>Monopoly --<br/>Comparison of Alternative Market Structures --<br/>Welfare Effects of Imperfect Competition --<br/>Imperfect Competition in Buying --<br/>Monopsony --<br/>Oligopsony and Monopsonistic Competition --<br/>Market Structures in Livestock Industry --<br/>Governmental Regulatory Measures --<br/>Legislative Acts --<br/>Ceiling Price --<br/>Lump-Sum Tax --<br/>Minimum Price --<br/>Summary --<br/>Key Terms --<br/>Testing Your Economic Quotient --<br/>References --<br/>Part four Government in the Food and Fiber Industry --<br/>10 Natural Resources, the Environment, and Agriculture --<br/>Agriculture and the Environment --<br/>Water Pollution --<br/>Air Pollution --<br/>Global Climate Change --<br/>Other Environmental Impacts Economics of the Environment --<br/>Efficient Property Rights --<br/>Efficiency and Externalities in Agriculture --<br/>Environmental Policies --<br/>The Economics of the Resources of Agriculture --<br/>Soil Quality and Quantity --<br/>The Economics of Soil Conservation --<br/>Characteristics of Soil --<br/>Discounting and Present Value Analysis --<br/>The Present Value of Soil Resources --<br/>Practice: The Dust Bowl --<br/>Water as an Economic Asset --<br/>Government Policies for Agriculture, Natural Resources, and the Environment --<br/>Soil Erosion Policies and the Conservation Reserve Program --<br/>Other Federal Incentive Programs for Agricultural Conservation --<br/>Environmental Regulations --<br/>The Endangered Species Act --<br/>Summary --<br/>Key Terms --<br/>Testing Your Economic Quotient --<br/>References --<br/>11 Government Interventionin Agriculture --<br/>Rationale for Government Intervention --<br/>Farm Economic Issues --<br/>Historical Perspective on the Farm Problem --<br/>Forms of Government Intervention --<br/>Consumer Issues --<br/>Adequate and Cheap Food Supply --<br/>Nutrition and Health --<br/>Food Safety --<br/>Food Subsidies --<br/>Historical Support Mechanisms --<br/>Loan Rate Mechanism --<br/>Set-Aside Mechanism --<br/>Target Price Mechanism --<br/>Countercyclical Payments Mechanism --<br/>Conservation Reserve Mechanism --<br/>Commodities Covered by Government Programs --<br/>Phasing Out of Supply Management --<br/>Domestic Demand Expansion Programs --<br/>Importance of Export Demand --<br/>Summary --<br/>Key Terms --<br/>Testing Your Economic Quotient --<br/>References --<br/>Part five Macroeconomics of Agriculture --<br/>12 Product Markets and National Output --<br/>Circular Flow of Payments --<br/>Barter Economy --<br/>Monetary Economy --<br/>Composition and Measurementof Gross Domestic Product --<br/>Consumption, Savings, and Investment --<br/>Determinants of Planned Consumption --<br/>Determinants of Planned Saving --<br/>Determinants of Planned Investment --<br/>Equilibrium National Income and Output --<br/>Aggregate Expenditures The Keynesian Cross --<br/>Deriving Aggregate Demand Curve --<br/>Aggregate Supply and FullEmployment --<br/>Recessionary and Inflationary Gaps --<br/>What Lies Ahead? --<br/>Summary --<br/>Key Terms --<br/>Testing Your Economic Quotient --<br/>References --<br/>13 Macroeconomic Policy Fundamentals --<br/>Characteristics of Money --<br/>Functions of Money --<br/>Money versus Near Monies --<br/>Backing of Money --<br/>Federal Reserve System --<br/>Organization of the Federal Reserve System --<br/>Functions of the Federal Reserve System --<br/>Monetary Policy Instruments --<br/>Changing the Money Supply --<br/>Creation of Deposits --<br/>Monetary Policy and the Money Supply --<br/>Money Market Equilibrium --<br/>Demand for Money --<br/>Equilibrium Conditions --<br/>Effects of Monetary Policy on the Economy --<br/>Transmission of Policy --<br/>Combating Recessionary Gaps --<br/>Combating Inflationary Gaps --<br/>Microeconomic Perspectives --<br/>The Federal Budget --<br/>Federal Expenditures --<br/>Federal Receipts --<br/>Budget Deficit --<br/>The National Debt --<br/>National Debt and GDP --<br/>Ownership of National Debt --<br/>Burdening Future Generations? --<br/>Fiscal Policy Options --<br/>Automatic Policy Instruments --<br/>Discretionary Policy Instruments --<br/>Fiscal Policy and Aggregate Demand --<br/>Combating Recessionary Gaps --<br/>Combating Inflationary Gaps --<br/>Summary --<br/>Key Terms --<br/>Testing Your Economic Quotient --<br/>References --<br/>14 Consequences of Business Fluctuations --<br/>Fluctuations in Business Activity --<br/>Nature of Business Fluctuations --<br/>Indicators of Economic Activity --<br/>Consequences of Business Fluctuations --<br/>Unemployment --<br/>Inflation --<br/>Short-Run Phillips Curve --<br/>Macroeconomic Policy Options --<br/>Laissez-faire Macroeconomic Policy --<br/>Demand-Oriented Macroeconomic Policy --<br/>Supply-Oriented Macroeconomic Policy --<br/>Summary --<br/>Key Terms --<br/>Testing Your Economic Quotient --<br/>References --<br/>15 Macroeconomic Policy and Agriculture --<br/>A Historical U.S. Perspective --<br/>The Big Five --<br/>Rate of Inflation<br/>16 agricultural trade and exchange rates<br/>17 why nations trade<br/>18 agricultural trade policy and preferential trading<br/>
Holdings
Withdrawn status Damaged status Not for loan Home library Current library Date acquired Source of acquisition Full call number Barcode Date last seen Copy number Price effective from Koha item type
      UE-Central Library UE-Central Library 29.11.2019 U.E. 338.1 P3878 T12813 29.11.2019 c. 1 29.11.2019 Books
      UE-Central Library UE-Central Library 29.11.2019 U.E. 338.1 P3878 T12814 29.11.2019 c. 2 29.11.2019 Books
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