Management, decision making and crop production; Crop production relationships; Use of production functions in economic analyses; Resource allocation for the multi-product holding; Static budgeting; A case-study in static budgeting; Planning for maximum profits; Linear programming models of crop systems; Intertemporal management principles; Intertemporal budgeting; Three case-studies in intertemporal budgeting; Management and non-certainty; Probabilistic budgeting; Marketing management.

Farm managers will appreciate this book as they learn the principles of farm management; from the basics of management and economics; to the details of strategy and operations. It presents economic concepts, such as the discussion of markets, competitive forces, and macroeconomics, which is new to farm management texts. Material is included on strategy, marketing, budgeting, production and operations, quality, finance, investment, risk, contracts, staffing, business organisation, farm succession, and the future. Strategic management and quality management as well as new techniques and tools in production and operations management are also examined. This approach will help farm managers improve the efficiency, effectiveness, objectivity, and, ultimately, success of their decisions.

Future farm managers need a range of tools and knowledge to run successful businesses, and this accessible textbook provides the required foundations from economics and management, applied to the farm context. In today’s world where farms are subject to ever-changing industrial, labor, demographic, and technological factors, this textbook provides a clear focus and methodology for business stability and growth. It covers core microeconomic and macroeconomic principles, plus the full range of management topics, from accounting and marketing to operations management and human resource management. It also covers family succession planning and farming mega-trends. This second edition has been updated with the latest data and literature, and gives deeper attention to sustainability and conservation. It also offers a broader range of examples, showcasing the diversity of farm types and farm sizes across the US and globally. Instructor materials are available as digital supplements. This textbook will be a valuable resource for courses in farm management, ranch management, agribusiness, and agricultural economics.

Whether you are working for government, an NGO or the private sector, if you are an agricultural extension worker who is trying to assist farmers in increasing the profitability of their farms, the material in this booklet should be of help to you.

The book begins by establishing an economic framework upon which to apply the principles of IPM. Then, it looks at the entomological applications of economics, specifically, economic analyses concerning chemical, biological, cultural, and genetic control tactics as well as host plant resistance and the cost of sampling. Lastly it evaluates whether the control provided by a traditional IPM system is sufficient, or if changes to the system design would yield greater benefits.

Tools for decicionmaking; Managerial tools; The decisionmaking.

The purpose of this book is to assess a variety of economic issues as they relate to agro-biodiversity and show how addressing these issues can assist in agro-biodiversity policy-making. This is illustrated using empirical data from some of the countries (Ethiopia, Nepal and Zambia) which are part of the Genetic Resources Policy Initiative. The empirical chapters apply the relevant economic methods, including regression analysis, choice experiments, hedonic pricing, contingent valuation and farm business income analysis. The authors discuss the economics of managing crop diversity on-farm in the context of crop variety attribute preferences, farmers' perception of agro-biodiversity loss, and value addition and marketing of the products of traditional crop varieties. The case studies include detailed analysis of traditional varieties of groundnut, maize, rice, sorghum, and teff. The results are relevant not only to GRPI countries but also to other countries concerned with the sustainable utilization of these resources. Overall, the studies illustrate how genetic resources issues can be integrated into rural development interventions.