Introduction to the economics of agriculture -- The economics of production -- The costs of production -- Profit maximization -- Optimal input selection -- Optimal output selection -- Consumer choices -- Supply -- Demand -- Markets -- Government policies -- The competitive firm -- Market power...

"Principles of Agricultural Economics, now in its third edition, continues to showcase the power of economic principles to explain and predict issues and current events in the food, agricultural, and agribusiness sectors. This key text introduces economic principles in a succinct and...