Introduction to agricultural economics (Record no. 19253)
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000 -LEADER | |
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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/> |
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 |
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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 |