Principles of Agricultural Economics continues to showcase the power of economic principles to explain and predict issues and current events in the food, agricultural, and agribusiness sectors with a succinct and reader-friendly format.

Andrew Barkley is Professor and University Distinguished Teaching Scholar in the Department of Agricultural Economics at Kansas State University, USA.

Paul W. Barkley is Professor Emeritus, School of Economic Sciences, Washington State University, and Adjunct Professor in the Applied Economics Department at Oregon State University, USA.

1. Introduction to the Economics of Agriculture 2. The Economics of Production 3. The Costs of Production 4. Profit Maximization 5. Optimal Input Selection 6. Optimal Output Selection 7. Consumer Choices 8. Supply 9. Demand 10. Markets 11. Government Policies 12. The Competitive Firm 13. Market Power 14. Agriculture and the Global Economy 15. Economics, Agriculture, and the Environment 16. Farm and Agribusiness Management