Agricultural Economics

Agroeconomics: Economic Principles in Agriculture
The study of economic principles applied to agriculture, focusing on maximizing productivity and profitability, and dealing with the performance, structure, and behavior of the agricultural sector.
Cash Crop: A Source of Economic Value
A cash crop is grown for sale to return a profit rather than for consumption by the producer. Examples include cocoa, coffee, sugar, and grain.
Deficiency Payment: Agricultural Subsidy Mechanism
A comprehensive look at deficiency payments, subsidies paid to farmers when market prices for certain agricultural products fall below government-set target prices.
Hog Cycle: Understanding Market Fluctuations
A comprehensive exploration of the Hog Cycle, also known as the Cobweb Model, which illustrates price fluctuations in agricultural markets.

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