Agricultural Economics and Agribusiness, 8th Edition

2. The Farm and Food System 21

3. Consumer Behavior and Demand 49

4. Producer Decision Making: Single-Variable Input 77

5. Producer Decision Making: Two-Variable Inputs and Enterprise Selection 101

6. Production Costs, Supply, and Price Determination 137

7. Competition and the Market 171

8. Imperfect Competition and Market Regulation 191

9. Macroeconomics 217

10. Financial Picture of Agriculture 245

11. Agricultural Price and Income Policies 277

12. Market Agricultural Commodities 311

13. Natural Resources 345

14. Rural Development 369

15. International Economics 397

16. Agriculture's Role in Economic Development 429

17. Global Food Demand and Supply 451

A List of Reference Books for the Beginning Student 479

Basic Sources of Agricultural Statistics 483

Glossary 489

Photo Credits 505

Index 507