Rural economics is the study of rural

economies An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the ...

. Rural economies include both agricultural and non-agricultural industries, so rural economics has broader concerns than agricultural economics which focus more on food systems.

Rural development Rural development is the process of improving the quality life and economic well-being of people living in rural areas, often relatively isolated and sparsely populated areas. Rural development has traditionally centered on the exploitation of ...

and finance attempt to solve larger challenges within rural economics. These economic issues are often connected to the migration from rural areas due to lack of economic activities and rural poverty. Some interventions have been very successful in some parts of the world, with

rural electrification Rural electrification is the process of bringing electrical power to rural and remote areas. Rural communities are suffering from colossal market failures as the national grids fall short of their demand for electricity. As of 2017, over 1 billion ...

and

rural tourism Rural tourism is a tourism that focuses on actively participating in a rural lifestyle. It can be a variant of ecotourism. Many villages can facilitate tourism because many villagers are hospitable and eager to welcome or host visitors. Agriculture ...

providing anchors for transforming economies in some rural areas. These challenges often create rural-urban income disparities. Rural spaces add new challenges for economic analysis that require an understanding of

economic geography Economic geography is the subfield of human geography which studies economic activity and factors affecting them. It can also be considered a subfield or method in economics. There are four branches of economic geography. There is, primary secto ...

: for example understanding of size and spatial distribution of production and household units and interregional trade,

land use Land use involves the management and modification of natural environment or wilderness into built environment such as settlements and semi-natural habitats such as arable fields, pastures, and managed woods. Land use by humans has a long ...

, and how low population density effects government policies as to development, investment, regulation, and transportation.• John W. Mellor (2008). "agriculture and economic development," ''The New Palgrave Dictionary of Economics'', 2nd Edition
Abstract.
br /> • Christopher B. Barrett and Emelly Mutambatsere (2008). "agricultural markets in developing countries," ''The New Palgrave Dictionary of Economics'', 2nd Edition
Abstract.
br /> • Karla Hoff, Avishay Braverman, and

Joseph E. Stiglitz Joseph Eugene Stiglitz (; born February 9, 1943) is an American New Keynesian economist, a public policy analyst, and a full professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the ...

, ed. (1993). ''Economics of Rural Organization: Theory, Practice and Policy''. Oxford University Press for the World Bank.
• William A. Galston and Karen Baehler (1995). ''Rural Development in the United States: Connecting Theory, Practice, and Possibilities''. Wash., D.C.: Island Press
Description
and TO
link.
br /> • Alan Okagaki, Kris Palmer, and Neil S. Mayer (1998). ''Strengthening Rural Economics''. Wash., D.C.: U.S. Dept. of Housing & Urban Development

an
PDF
(press +).

Issues

Rural development

Electrification

Rural flight

Rural poverty

Important sectors

Agriculture

Peasantry

Tourism

References

Thomas Nixon Carver Thomas Nixon Carver (25 March 1865 – 8 March 1961) was an American economics professor. Early life He grew up on a farm, the son of Quaker parents. He received an undergraduate education at Iowa Wesleyan College and the University of Southern ...

(1911). ''Principles of Rural Economics''. Chapter links, pp
viix.
* _____, ed. (1926). ''Selected Readings in Rural Economics'', Chapter links, pp
viix.
* John Ise (1920). "What is Rural Economics," ''Quarterly Journal of Economics'', 34(2), pp
300312.
* Yves Léon (2005). "Rural Development in Europe: A Research Frontier for Agricultural Economists," ''European Review of Agricultural Economics'', 32(3), pp. 301–317
Abstract.
{cbignore, bot=medic * Ida J. Terluin and Jaap H. Post, ed. (2001). ''Employment Dynamics in Rural Europe''
Chapter previews.