An Introduction to Economics for Students of Agriculture

The second edition of this introductory text, for students of agriculture, has been thoroughly updated. The addition of a chapter on government policy and agriculture acquaints students with the aspects of the policy process which has made such an impact in this area. The balanced text describes universal economic principles illustrated primarily by examples drawn from farming and the food industry. At the end of each chapter is an exercise making use of the preceding material, and completion of these exercises forms an integral part of the teaching function of this text. Extended answers to the questions posed in the exercises, a list of essay questions, and suggested further reading are given at the end of the book.