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Economics of the Food System (Paperback)
Loot Price: R4,605
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Economics of the Food System (Paperback)
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Economics of the Food System provides a comprehensive overview of
the food system, beginning with the physical and geographical
context of United States agriculture. Concepts and tools of applied
economics are then used to analyze the structure and economic
characteristics of each component of the food system. Over the
course of the text, students learn about agricultural supply,
demand, and prices, market elasticities and derived demand, food
processing, wholesaling, retailing and food service, and the
international food market. They also study the role of
transportation, the law of one price, risk management, storage, and
emerging issues and challenges for the food system. Throughout the
text, the focus is on how markets function to ensure that people
have the food they want to eat, when and where they want to eat it.
As they read, students will have constant opportunities to consider
the key forces that shape the food system's ongoing evolution. With
its comprehensive coverage of all aspects of food system economics
and its attention to practical economic applications, Economics of
the Food System is ideal for courses in agricultural economics or
agribusiness
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