This compilation volume includes an outline for a course on agricultural economics, a series of lecture outlines for the course, and an imcomplete three-page typescript of "The Theory of the Lest Cost Combination," all by G. W. Forster, as well as a typed copy of "Standards of Production in Agriculture" by Arthur W. Ashby, originally ...
MoreThis compilation volume includes an outline for a course on agricultural economics, a series of lecture outlines for the course, and an imcomplete three-page typescript of "The Theory of the Lest Cost Combination," all by G. W. Forster, as well as a typed copy of "Standards of Production in Agriculture" by Arthur W. Ashby, originally published in the Edinburgh Review, January 1922. G. W. (Garnet Wolsey) Forster (1887 - 1961) founded the Department of Agricultural Economics at North Carolina State College of Agriculture and Engineering (later North Carolina State University) in 1923 and served as its head until 1950. He earned his bachelor's degree from Cornell University in 1914, his master's degree from the University of Wisconsin in 1917, and his Ph.D. from the University of Wisconsin in 1923. Before coming to N.C. State, Forster was a professor of Agriculture and Economics at the University of Kentucky from 1919 to 1920, assistant chief of Farm Management and Farm Economics, United States Department of Agriculture from 1920 until 1921, and acting chief of the same department from 1922 to 1923. In 1957, he received the "Distinguished Fellow" award from the American Farm Economics Association for being one of the ten outstanding farm economists in the United States.
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