Food Economics

Food Economics breaks down the economics of agricultural production, business decisions, consumer behavior, and the government policies that shape our food system. This textbook includes examples to guide change toward environmental sustainability, equitable growth, and improved health.  The book begins with economic principles derived using graphical techniques to explain and predict observed prices, quantities, and other outcomes as the result of individual choices that are influenced by market structure and public policies. The second half of the book explores available data globally and for the US, covering a wide range of questions in agriculture and economic development, food marketing, and consumption.  The text and its accompanying online resources are designed for advanced undergraduate or introductory graduate courses in agriculture, food, and nutrition policy. It covers the standard diagrams taught in principles-level courses, with concrete examples and practical insights regarding food production, consumption, and trade. Online resources include data sources, supporting materials, and course materials, including slides, exercises, exams, and answer keys.