UID:
kobvindex_HPB1433204392
Format:
1 online resource (498 p.).
ISBN:
9783031538407
,
3031538404
Series Statement:
Palgrave Studies in Agricultural Economics and Food Policy Series
Note:
Description based upon print version of record.
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3.2.3 Conclusion
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Intro -- Preface -- You Know More Than You Think, but This Book Offers Surprising New Insights -- Acknowledgments -- Praise for food economics -- This Book in Verse -- Why Are Kiwis So Cheap? -- Contents -- List of Figures -- List of Tables -- 1 Introduction -- 1.1 From Farming to Eating, Research and Teaching -- 1.1.1 Using Food Economics, for Professional Life and as Consumers and Citizens -- 1.1.2 The Origins of This Book -- 1.1.3 Supplementary Materials -- 1.2 Why Study Food Through Economics, and Economics Through Food? -- 1.2.1 Learning Objectives of the Book
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1.2.2 Why Study Food Through Economics, and Economics Through Food? -- Why Use Economics to Study Food? -- Why Use Food to Understand Economics? -- Economics as a Science -- Economics as a Social Science -- How Economics Differs from Other Social Sciences -- What Economics Is Not -- Questions About Food and Nutrition that Economics Can Answer -- Economic Thinking as a Useful Skill for Any Profession -- 1.2.3 Intended Audiences for This Book -- The Models Used in This Book -- Two-Dimensional Diagrams Show a System of Simultaneous Equations -- How to Learn These Models
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On the Philosophies of Modeling -- Ways of Knowing in This Book -- 1.3 Understanding Charts of Economic Data -- 2 Individual Choices: Explaining Food Consumption and Production -- 2.1 Consumer Choices: Food Preferences and Dietary Intake -- 2.1.1 Motivation and Guiding Questions -- 2.1.2 Analytical Tools -- A Model of Consumer Choices -- Notation and Specification of Variables on Each Axis -- Indifference Curves for Consumption of Each Good -- 2.1.3 Conclusion -- 2.2 Producer Choices: Agriculture and Food Manufacturing -- 2.2.1 Motivation and Guiding Questions -- 2.2.2 Analytical Tools
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The Production Possibilities Frontier (PPF) -- The Input Response Curve (IRC) -- The Isoquant or Input Substitution Curve (ISC) -- 2.3 Economics of Size and Scale -- 2.3.1 Conclusion -- 3 Societal Outcomes: Predicting Food Market Prices and Quantities -- 3.1 Market Equilibrium with Perfectly Competitive Interactions -- 3.1.1 Motivation and Guiding Questions -- 3.1.2 Analytical Tools -- The Supply Curve -- The Demand Curve -- Interaction in Markets Between Local Producers, Local Consumers and Trade with Others -- 3.1.3 Conclusion -- 3.2 Market Elasticities: Measuring How People Respond to Change
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3.2.1 Motivation and Guiding Questions -- 3.2.2 Analytical Tools -- Mathematical Notation and the Definition of Elasticities -- Elasticities Summarize Complex Interactions in Production and Consumption -- Price Elasticity and Behavioral Responses Along Supply and Demand Curves -- Income Elasticity, Engel's Law and Bennett's Law -- Elasticities Determine the Impact of Intervention on Market Outcomes -- Price Elasticities and the Incidence of a Tax or Regulation -- Trade Policy: Tariffs and Quotas on Imports or Exports -- Domestic Policies and Separability Between Supply and Demand
Additional Edition:
Print version: Masters, William A. Food Economics Cham : Springer International Publishing AG,c2024 ISBN 9783031538391
Language:
English
Keywords:
Electronic books.
URL:
Click here to view book
