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Agricultural economics

Agricultural economics or agronomics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fibre — a discipline known as agronomics. Agronomics was a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ecosystem. Throughout the 20th century the discipline expanded and the current scope of the discipline is much broader. Agricultural economics today includes a variety of applied areas, having considerable overlap with conventional economics. Agricultural economists have made substantial contributions to research in economics, econometrics, development economics, and environmental economics. Agricultural economics influences food policy, agricultural policy, and environmental policy.

Agricultural Economics (journal)

Agricultural Economics is the peer-reviewed academic journal of the International Association of Agricultural Economists, published 8 times per a year by Wiley-Blackwell.

Usage examples of "agricultural economics".

At Kuling, a summer retreat for Westerners in the mountains south of Nanking, she met John Lossing Buck, a Cornell graduate and an expert in agricultural economics.