LEADER 00000cai a2200649Ia 4500 001 ocn992722473 003 OCoLC 005 20210720044915.6 006 m o d 007 cr mn||||||||| 008 170703c20169999ksuuu o b 0 2eng d 019 1090453289|a1097987619 020 9781944548056 020 194454805X 035 (OCoLC)992722473|z(OCoLC)1090453289|z(OCoLC)1097987619 040 COF|beng|cCOF|dCOF|dOCLCQ|dORU|dOCLCA|dOCL|dINT|dOCLCQ |dUAB|dOCLCQ|dOCLCO 049 RIDW 050 4 HD1775.K2|bB38eb 090 HD1775.K2|bB38eb 100 1 Barkley, Andrew P.,|d1962-|0https://id.loc.gov/authorities /names/no2009155028 245 14 The economics of food and agricultural markets /|cAndrew Barkley. 260 [Manhatten, Kas.] :|bNew Prarie Press,|c2016- 264 2 Minneapolis :|bOpen Textbook Library 264 4 |c©2016- 300 1 online resource :|billustrations. 310 Updated irregularly. 336 text|btxt|2rdacontent 337 computer|bc|2rdamedia 338 online resource|bcr|2rdacarrier 340 |gpolychrome|2rdacc 347 text file|2rdaft 490 1 Open textbook library 505 0 Introduction to the study of economics -- Supply and demand -- Markets -- Elasticities -- Welfare economics : consumer and producer surplus -- The motivation for and consequences of free trade -- Price ceiling -- Price support -- Quantity control (supply control) -- import quota -- Taxes -- Subsidies -- Market power introduction - - Monopoly profit-maximizing solution -- Marginal revenue and the elasticity of demand -- Monopoly characteristics - - Monopoly power -- Monopsony -- Introduction to pricing with market power -- Price discrimination -- Intertemporal price discrimination -- Peak load pricing -- Two part pricing -- Bundling -- Advertising -- Market structures -- Monopolistic competition -- Oligopoly -- Game theory introduction -- Equilibrium in dominant strategies -- Nash equilibrium -- Advertising game -- Maximin strategy (safety first) -- Cooperative strategy (collusion) -- Game theory example: steak pricing game -- Repeated games -- Sequential games -- First move advantage -- Commitment and credibility. 520 "The Economics of Food and Agricultural Markets is written for applied intermediate microeconomics courses. The book showcases the power of economic principles to explain and predict issues and current events in the food, agricultural, agribusiness, international trade, and natural resource sectors. The field of agricultural economics is relevant, important and interesting. The study of market structures, also called industrial organization, provides powerful, timely, and useful tools for any individual or group making personal choices, business decisions, or public policies in food and agriculture industries. Readers will benefit from a large number of real-world examples and applications of the economic concepts under discussion. The book introduces economic principles in a succinct and reader-friendly format, providing students and instructors with a clear, up-to-date, and straightforward approach to learning how a market-based economy functions, and how to use simple economic principles for improved decision making. The principles are applied to timely, interesting, and important real-world issues through words, graphs, and simple algebra and calculus. This book is intended for students who study agricultural economics, microeconomics, rural development and environmental policy. The goal of the book is to encourage students to learn to "think like an economist" through application of benefits and costs to every decision, idea, and strategic decision. This objective is accomplished by including extended examples that cover such topics as the analysis of consumer decisions, supply and demand, and market efficiency; the design of pricing strategies; advertising and marketing decisions; and public policy analysis."--Open Textbook Library. 538 Mode of access: World Wide Web. 542 |fThis work is licensed under a Creative Commons Attribution 4.0 International License http:// creativecommons.org/licenses/by/4.0 588 This bibliographic record is available under the Creative Commons CC0 "No Rights Reserved" license. 588 0 Online version, 2016; title from PDF (viewed on July 3, 2017). 590 Open Educational Resources (OER). Open Textbooks 590 |bOpen Textbook Library 650 0 Agriculture|xEconomic aspects.|0https://id.loc.gov/ authorities/subjects/sh85002427 650 0 Food industry and trade.|0https://id.loc.gov/authorities/ subjects/sh85050282 650 0 Food industry and trade|xManagement.|0https://id.loc.gov/ authorities/subjects/sh85050293 650 7 Agriculture|xEconomic aspects.|2fast|0https:// id.worldcat.org/fast/801415 650 7 Food industry and trade.|2fast|0https://id.worldcat.org/ fast/930843 650 7 Food industry and trade|xManagement.|2fast|0https:// id.worldcat.org/fast/930898 655 7 Textbooks.|2fast|0https://id.worldcat.org/fast/1423863 655 7 Textbooks.|2lcgft|0https://id.loc.gov/authorities/ genreForms/gf2014026191 710 2 Open Textbook Library,|0https://id.loc.gov/authorities/ names/no2015006558|edistributor. 830 0 Open Textbook Library. 856 40 |uhttps://open.umn.edu/opentextbooks/textbooks/458|zOnline textbook via the Open Textbook Library. 901 MARCIVE 20231220 948 |d20221222|cOpenTextbook|tadd 988 July2021-June2022|lridw 948 |d20210720|cOpenTextbook|tinitial load 827|lridw 994 92|bRID