+*INTRODUCTION TO AGRICULTURAL AND FOOD ECONOMICS

Catalog description

Examines the unique challenges of agricultural and food systems and their economic consequences. Applies rational choice theory, models of supply and demand, and models of market structure, with particular attention on price formation for agricultural and food products. Analyzes how market inter dependencies, government policy, the behavior of firms, and market structure within agricultural and food systems affects performance of the U.S. agri-food system.