Principles of Agricultural Economics
Markets and Prices in Less Developed Countries
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Principles of Agricultural Economics by David Colman
Book DescriptionThis textbook addresses the main economic principles required by agricultural economists involved in rural development. The principles of 'micro-economics' or 'price-theory' are of relevance to economists everywhere, but this book reinforces the message of their relevance for rural development by explaining the theory in the specific context of the agricultural and food sectors of developing countries. Hypothetical and actual empirical illustrations drawn almost exclusively from such countries distinguish this book from other economic principles texts that draw their examples almost invariably from industrialised countries, and also from books more oriented to the issue of rural development. The first half of the book deals with the underlying principles of production, supply and demand. These are essential tools for the study and management of the agricultural sector and food markets. In the second half, supply and demand are bought together into a chapter of equilibrium and exchange. This is followed by chapters on trade and the theory of economic welfare. In the final chapter it is shown that much of the material in the earlier chapters can be combined by agricultural economists into a system for analysing and comparing the effects of alternative agricultural policies. The ability of agricultural economics to provide a consistent framework for the analysis of policy problems thus enables it to make a key contribution to rural development.
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Book DetailsISBN: 9780521336642
(228mm x 152mm x 19mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 9-Feb-1989
Country of Publication: United Kingdom
Books By Author David Colman
Reshaping Agriculture's Contributions to Society, Paperback (January 2002)
Membership of the IAAE is individual rather than organizational, and is motivated by a genuine wish to learn and achieve sustainable development through agricultural and rural progress in all regions.
Current Issues in Agricultural Economics, Hardback (May 1993)» View all books by David Colman
This volume provides a survey of the key policy topics in agricultural economics, including agricultural protectionism and trade issues in the industrialized world, agricultural policy reform in Eastern Europe and China and agriculture and the environment.
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