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Home › Books › Farm Management
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Book Info
PublisherMcGraw-Hill Education
PublishedJan 1, 2015
Edition10th
ISBN-13978-0078020698
ISBN-100078020697
LevelUndergraduate
Agricultural Economics

Farm Management

Loose Leaf
By Ronald D. Kay, William M. Edwards, Patricia A. Duffy

About This Book

This book provides a comprehensive overview of the principles and practices of farm management, focusing on decision-making, financial analysis, and the application of economic theory to agricultural operations. It covers essential topics such as farm accounting, business organization, investment analysis, and risk management within the context of modern agricultural production.
Book Review | Amerbach
This book serves as a foundational resource for students and practitioners navigating the complexities of agricultural business management. By integrating economic theory with practical application, the text provides a structured framework for analyzing the financial and operational health of a farm enterprise. The scope of the book is broad, covering critical areas such as farm accounting, financial statements, investment analysis, and the strategic planning necessary for long-term viability. A notable characteristic of this work is its emphasis on decision-making processes, which are supported by clear examples and analytical tools designed to assist in evaluating various management alternatives. The organization of the material follows a logical progression, moving from basic economic concepts to more advanced topics like risk management, human resource management, and the legal aspects of farm business organization. The depth of the content is well-suited for an undergraduate curriculum, offering enough technical detail to be rigorous while remaining accessible to those new to the field. The inclusion of updated financial concepts and industry-relevant examples ensures that the material remains applicable to contemporary agricultural challenges. As an academic resource, this book occupies a central position in the study of farm management, providing a balanced perspective that bridges the gap between theoretical economic principles and the day-to-day realities of managing an agricultural operation. It is particularly effective at teaching readers how to synthesize data to make informed, data-driven decisions, which is a core competency for modern agricultural professionals. The Amerbach perspective identifies this book as a standard reference for those seeking a comprehensive introduction to the discipline, offering a reliable and well-structured approach to the multifaceted nature of farm business management.

Academic Use

Introductory Farm Management courses

Who Is It For?

Students of agricultural economics and agribusiness, as well as farm managers seeking a structured approach to business decision-making.

Table of Contents

  1. 1. The Management Challenge
  2. 2. Management and Decision Making
  3. 3. Farm Business Organization
  4. 4. Farm Accounting
  5. 5. Financial Statements
  6. 6. Depreciation
  7. 7. Business Analysis
  8. 8. Budgeting
  9. 9. Investment Analysis
  10. 10. Risk and Uncertainty
  11. 11. Enterprise Budgeting
  12. 12. Linear Programming
  13. 13. Acquiring Resources
  14. 14. Managing Capital
  15. 15. Managing Human Resources
  16. 16. Managing Land
  17. 17. Managing Machinery
  18. 18. Marketing
  19. 19. Managing Production
  20. 20. Strategic Management.
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