Agribusiness Management

  1. Core Economic Principles for Agribusiness
    1. Microeconomic Foundations
      1. Theory of Supply and Demand in Agriculture
        1. Law of Supply
          1. Law of Demand
            1. Market Equilibrium
              1. Shifts in Supply and Demand
              2. Elasticity Concepts
                1. Price Elasticity of Demand
                  1. Determinants of Price Elasticity
                    1. Implications for Pricing
                    2. Income Elasticity of Demand
                      1. Normal and Inferior Goods
                      2. Cross-Price Elasticity
                        1. Substitutes and Complements
                        2. Price Elasticity of Supply
                          1. Short-Run vs. Long-Run Elasticity
                        3. Production Economics
                          1. Production Functions
                            1. Inputs and Outputs
                              1. Marginal Product and Diminishing Returns
                              2. Cost Curves in Agriculture
                                1. Fixed and Variable Costs
                                  1. Average and Marginal Costs
                                  2. Economies of Scale
                                    1. Sources of Scale Economies
                                      1. Diseconomies of Scale
                                    2. Market Structures in Agriculture
                                      1. Perfect Competition
                                        1. Characteristics and Examples
                                        2. Monopolistic Competition
                                          1. Product Differentiation
                                          2. Oligopoly
                                            1. Market Power and Collusion
                                            2. Monopoly
                                              1. Barriers to Entry
                                          3. Macroeconomic Influences
                                            1. Gross Domestic Product and Agriculture
                                              1. Measurement of Agricultural GDP
                                              2. Inflation and Interest Rates
                                                1. Effects on Input and Output Prices
                                                  1. Impact on Farm Profitability
                                                  2. Fiscal and Monetary Policy
                                                    1. Government Spending in Agriculture
                                                      1. Central Bank Policies and Credit Availability
                                                      2. International Exchange Rates
                                                        1. Currency Fluctuations and Trade
                                                          1. Hedging Exchange Rate Risk

                                                      Previous

                                                      1. Introduction to Agribusiness

                                                      Go to top

                                                      Next

                                                      3. Farm and Production Management