Agricultural Economics and the CAP

The CAP takes about half of the EU budget; it affects the cost of the foodbought by every EU family and the incomes of millions of farmers.

Yet fewunderstand how, or why. This book offers a simple and concise guide to theeconomics (and the relevant history and politics) of the agricultural industryand the European Union's Common Agricultural Policy.

Assuming no knowledge ofeconomic theory, it covers the economics of agriculture and provides anintelligible outline of the main features of the CAP.