Description
, provides students with a systematic introduction to the basic economic concepts and issues impacting the U.S. food and fiber industry and offers strong coverage of macroeconomic theory and international trade.
The coverage of macroeconomics and agricultural programs and policies allows students to further understand the domestic market economy.
Discusses individual consumer and producer decision-making, market equilibrium and economic welfare conditions, government intervention in agriculture, macroeconomic policy, and international trade.
Each chapter contains an extensive list of questions designed to test student comprehension of the material covered.







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