Agricultural economics is the application of concepts and tools from economics to evaluate the production, distribution and consumption of agricultural products. Agricultural economics plays a vital role in preparing agricultural, food and environmental policies and programmes that are crucial to the economic development of a nation. The significant topics included in this book are analyses of consumer behaviour, supply and demand, government regulations and policies, macroeconomics of agriculture, and market equilibrium, etc. In this book, using case studies and examples, constant effort has been made to make the understanding of the difficult concepts of agricultural economics as easy and informative as possible, for the readers.