Agricultural economics

From Free net encyclopedia

Agricultural economics applies the principles of economics to the production of crops and livestock. Specific areas of study in agricultural economics include:

Community and rural development
Food safety and nutrition
International trade
Natural resource and environmental economics
Production economics
Risk and uncertainty
Consumer behavior and household economics
Analysis of markets and competition
Agribusiness economics and management

Agricultural economics tends to be more micro-oriented than economics in general. Many undergraduate Agricultural Economics degrees given by US land-grant universities tend to be more like a traditional business degree rather than a traditional economics degree. At the graduate level, many agricultural economics programs focus on a wide variety of applied microeconomic topics.

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