TY - BOOK AU - Schrimper, Ronald TI - Economics of agricultural markets SN - 9780137757763 U1 - 338.13 PY - 2001/// CY - Upper Saddle River, N.J. PB - Prentice Hall, KW - Agriculture -- Economic aspects KW - Food industry and trade KW - Produce trade N1 - Includes index; Overview of markets and marketing -- Measuring the economic importance of agricultural and food marketing activities -- Index numbers -- Demand and elasticity concepts -- Supply concepts -- Models of market behavior -- Alternative market structures -- Price discovery -- Spatial characteristics of markets -- Local markets and interregional trade -- International trade -- International trade model and policies -- Storage decisions in the marketing of agricultural and food products -- Futures markets -- Fundamentals of hedging -- Options markets and their uses N2 - "This text is about world agricultural and food markets and is written to give the reader a solid understanding of key concepts as well as an understanding of their mysterious and marvelous nature. Demonstrating the critical role agricultural markets play in the world economy this book explores the influence of these markets on a variety of food and agricultural products used by consumers on a daily basis." "Economics of Agricultural Markets is intended for use in Agricultural Marketing or Agricultural Economics courses, and is written in four major sections for clarity and ease of study."--Jacket ER -