Lectures In Production And Supply
Regular price
€102.99
Regular price
€103.99
Sale
Sale price
€102.99
A01=Barry Goodwin
Age Group_Uncategorized
Age Group_Uncategorized
Agricultural Production and Supply
Applied Production Analysis
Author_Barry Goodwin
automatic-update
Category1=Non-Fiction
Category=KCC
Category=KCH
Category=KCHS
COP=Singapore
Delivery_Delivery within 10-20 working days
Econometrics
eq_bestseller
eq_business-finance-law
eq_isMigrated=0
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Language_English
PA=Available
Price_€50 to €100
PS=Active
softlaunch
Product details
- ISBN 9789811298264
- Publication Date: 04 Oct 2024
- Publisher: World Scientific Publishing Co Pte Ltd
- Publication City/Country: SG
- Product Form: Hardback
- Language: English
Secure
checkout
Fast Shipping
Easy returns
Production and supply analysis are core components of applied microeconomics. Taken together with considerations of demand and marketing, production and supply complete the nexus of what comprises modern applied economics.Lectures in Production and Supply presents the core components of modern theories of production and market conditions from the supply side. Analysis under conditions of perfect information is initially considered to demonstrate key concepts in production. The focus is on applied empirical models of production within an economic context. Production under conditions of uncertainty and risk aversion is then considered in a comprehensive manner. Mechanisms for the management of production risk, particularly to insurance, are then developed in detail.Household production is also a key consideration in production analysis. Most purchased goods undergo additional production at the household level prior to consumption and this production complicates the analysis of market relationships. The demand for leisure and the concomitant supply of labor and allocation of time are key considerations in household models.Finally, the multitude of policies that impact market relationships are important to any analytical consideration of market relationships. A particular focus is given to agricultural policies and related markets. The coupling of support mechanisms to production decisions is a key consideration in any policy deliberation. Hence, these mechanisms are given careful consideration within the context of policy analysis.
