The Economics of Production is intended to serve as a textbook for courses in production economics theory--aimed at first-year graduate students and advanced undergraduates in economics, agricultural economics, and management. Technical aspects of production and input-side issues are given equal
attention with the common notions of production costs, product supply, and other output-side issues found in most microeconomic theory texts. Given the authors' informal writing style and penchant for detailed development of mathematical derivations, the result is a reader friendly product with ample intuitive motivation and concern for empirical application.
"In this update of the influential 1985 textbook by Beattie and Robert C. Taylor, Beattie (agriculture and resource economics, U. of Arizona), Taylor (Auburn U.), and Myles J. Watts (Montana U.) provide a rigorous yet student-friendly treatment of the topics in classic production theory. Technical aspects of production and input-side issues are given equal attention as such
microeconomic output-side issues as common notions of production costs and production supply."--Reference & Research Book News, May 2009
"$Composed in a simple to understand style, the book is an ideal introduction into the field of production economics, as well as a solid reference for more advanced students of the science…a complete and comprehensive reference on the subject…enthusiastically recommended to any economics college course.--The Midwest Book Review, May 2009