Agricultural Economics as a Poster Child of Applied Economics
Matt Bogard (noreply@blogger.com)
Abstract Agricultural economists have embodied the notions of applied economics for a long time. They have used economic principles to address real-world problems, integrating economics and scientific knowledge. Applied economics tends to be multidisciplinary and develop applied concepts, theories, and tools. Some, like human capital, diffusion of innovation, contingent valuation, and numerous numerical and econometric techniques have spread throughout economics. Agricultural economic research h