An introduction to economics : (Record no. 44159)

MARC details
000 -LEADER
fixed length control field 10529cam a22003738i 4500
003 - CONTROL NUMBER IDENTIFIER
control field CUTN
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20250403164513.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 210306s2021 mau b 001 0 eng
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781800620063
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
Cancelled/invalid ISBN 9781800620070
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
Cancelled/invalid ISBN 9781800620087
041 ## - LANGUAGE CODE
Language English
042 ## - AUTHENTICATION CODE
Authentication code pcc
070 0# - NATIONAL AGRICULTURAL LIBRARY CALL NUMBER
Classification number HB171.5
Item number .H63 2021
082 00 - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 330.024
Edition number 23
Item number HIL
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Hill, Berkeley,
245 13 - TITLE STATEMENT
Title An introduction to economics :
Remainder of title concepts for students of agriculture and the rural sector /
Statement of responsibility, etc Berkeley Hill.
250 ## - EDITION STATEMENT
Edition statement 5th edition.
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc CABI,
Date of publication, distribution, etc 2021.
300 ## - PHYSICAL DESCRIPTION
Extent pages cm
505 0# - FORMATTED CONTENTS NOTE
Contents An Introduction to Economics, 5th Edition<br/>Copyright<br/>Contents<br/>Preface<br/>Acknowledgements<br/>1 What is Economics?<br/>Introduction – the Essence of Economics<br/>Opportunity Cost<br/>Scarcity<br/>What is an Economic Problem?<br/>Objectives of choice<br/>The Mechanism of Allocating<br/>Scarce Resources<br/>The Scientific Approach to Economics<br/>Problems Faced by Scientific Economists<br/>Path dependency<br/>Cause-and-effect relationships<br/>If a theory is shown to be valid, will it always be valid?<br/>Conclusion<br/>Exercise on Material in Chapter 1<br/>2 Explaining the Behaviour of Individuals: Theory of Consumer Choice<br/>Introduction – the Concept of Utility<br/>The Margin<br/>Free Goods<br/>Theories of Consumer Choice<br/>Utility Theory of Consumer Choice<br/>Objections to the Utility Theory<br/>An Indifference Theory of Consumer Choice<br/>Income effect<br/>Price effect<br/>Demand, Marginal Utility and Consumer Surplus<br/>‘Lumpy’ commodities<br/>The Stable and the Unstable Equilibrium<br/>Exercise on Material in Chapter 2<br/>3 Demand and Supply: the Price Mechanism in a Market Economy<br/>Introduction<br/>Demand and supply curves<br/>The Theory of Demand<br/>Household and market demand<br/>Factors affecting demand<br/>How demand for a commodity varies with the price of that commodity<br/>What determines the sensitivity of the quantity demanded to price?<br/>Significance of price elasticity of demand (EDp ) to agriculture<br/>How demand for a commodity varies with the income of consumers<br/>Income elasticity of demand: quantity and expenditure measures<br/>Engel’s Law<br/>Significance of income elasticity of demand (EDy) to agriculture<br/>How demand for a commodity is affected by changes in price of competitive and complementary goods<br/>Competitive goods<br/>Complementary goods<br/>How demand is affected by tastes of consumers<br/>Additional factors influencing market demand<br/>Shifts along the demand curve and shifts of the whole demand curve for a commodity<br/>Theory of Supply<br/>The meaning of supply, and factors that determine it<br/>How the supply of a commodity changes with changes in that commodity’s price<br/>What influences the elasticity of supply?<br/>Elasticity of supply with rising and falling prices<br/>How the supply of a commodity depends on the prices of all the other commodities which are within th<br/>How the supply of a commodity depends on the prices of factors of production<br/>How the supply of a commodity depends on the state of technology<br/>How the supply of a commodity depends on the goals of firms<br/>Notes<br/>Exercise on Material in Chapter 3<br/>4 Markets and Competition<br/>Introduction<br/>Functions of the Price System<br/>Imperfect Competition in Markets – Markets that are Not ‘Perfect’<br/>The Individual Producer in Perfect Competition<br/>The Perfectly Competitive Industry<br/>A Firm Operating under Imperfect Competition<br/>Arguments against monopoly<br/>Arguments for monopoly<br/>Use of Monopoly Power in Agriculture<br/>Discriminating monopoly<br/>A Monopsonist – the Single Buyer<br/>Oligopoly and Oligopsony<br/>Price Movements in Agriculture<br/>The long-term trend<br/>Medium-period booms or slumps<br/>Price cycles<br/>Seasonal price variations<br/>Exercise on Material in Chapter 4<br/>5 Production Economics: Theory of the Firm<br/>Introduction – the Scope of Production Economics<br/>Questions facing the entrepreneur<br/>Major relationships studied in production economics<br/>Optimizing the Factor–Product Relationship<br/>Diminishing returns<br/>What is the most profitable level of fertilizer to use?<br/>Product and value product<br/>The most profitable level of input<br/>The ‘total’ approach<br/>The ‘marginal’ approach<br/>Changes in costs and prices<br/>How many optima are there?<br/>An alternative approach to optimizing the factor–product relationship<br/>The optimum level of output<br/>Price and cost changes<br/>Reconciling the methods of optimizing the factor–product relationship<br/>Optimizing the Factor–Factor Relationship<br/>Cost and the optimum combination of inputs<br/>Changes in the price of inputs: price substitution effect<br/>The effect of expanding the scale of operation<br/>Optimizing the Product–Product Relationship<br/>Revenue and the optimum combination of products<br/>Changes in relative prices of products<br/>Straight line iso-resource curves<br/>Complementary products<br/>Time and Scale of Production<br/>Fixed costs and variable costs<br/>What is the lowest price at which beer will be produced?<br/>Economies and diseconomies of scale<br/>Sources of economies of scale<br/>Disadvantages of large-scale production<br/>Is there an optimum scale of operation?<br/>Change in the Supply of Farm Products – Technological Advance<br/>Technological advance<br/>Impacts of advances in technology on the three central relationships<br/>Types of innovation seen from the farm level<br/>Implications for the agricultural industry<br/>Implications for the national economy<br/>Industry, regional and national consequences of technological advance<br/>The ‘treadmill’ of technological advance<br/>Rates of diffusion of new technology<br/>Information<br/>Uncertainty<br/>Capital aspects<br/>Management requirements<br/>Factor and product pricing<br/>Model of the process of innovation by farmers<br/>Farmers as fast or slow adopters<br/>The future direction of technological change<br/>Note<br/>Exercise on Material in Chapter 5<br/>6 Factors of Production and their Rewards: Theory of Distribution<br/>Introduction<br/>The nature of production<br/>Specialization and exchange<br/>Classification of factors of production<br/>Land as a Factor of Production<br/>Capital as a Factor of Production<br/>Capital in the process of economic development<br/>Labour as a Factor of Production<br/>Entrepreneurship as a Factor of Production<br/>The origins of risk and uncertainty<br/>Difference between risk and uncertainty<br/>Avoidance of risk and uncertainty<br/>Mobility of the Factors of Production and Unemployment<br/>Occupational mobility<br/>Geographical mobility<br/>Unemployment of the Factors of Production<br/>Allocation of the Factors of Production and their Rewards<br/>Demand and supply of factors of production<br/>Dynamic and equilibrium differentials<br/>Economic rent in the reward to factors of production<br/>Normal profits, surplus profits and monopoly profits<br/>The functions of profit<br/>Exercise on Material in Chapter 6<br/>7 Market Failure: Some Problems of Using the Market to Allocate Resources<br/>Introduction<br/>Adam Smith and the ‘invisible hand’<br/>The Value Judgements of Society<br/>Imperfect Competition<br/>Monopoly<br/>Transaction Costs<br/>Externalities Associated with Production and Consumption<br/>Public goods<br/>Imperfect Knowledge by Consumers<br/>Macroeconomic Reasons for Intervening in the Market System<br/>Exercise on Material in Chapter 7<br/>8 Macroeconomics: the Workings of the Whole Economy<br/>Introduction<br/>The Circular Flow of Income<br/>The multiplier<br/>The Level of Aggregate Demand<br/>Determining the equilibrium level of national income<br/>Policies to control unemployment<br/>Full Employment and the Longer Term<br/>Inflation<br/>The Quantity Theory of Money<br/>Economic Growth<br/>The Costs of Economic Growth<br/>Exercise on Material in Chapter 8<br/>9 International Trade<br/>Introduction<br/>Diversity of resources between countries<br/>Theory of Comparative Advantage<br/>Trade in surpluses<br/>Comparative and Absolute Advantage<br/>Limits of specialization<br/>Geometrical representation<br/>Extension of the simple model<br/>Many countries<br/>Many commodities<br/>Transactions Involving Currencies<br/>Flexible exchange rates<br/>Monetary Union<br/>Assumptions in the Theory of Comparative Advantage<br/>Static or dynamic conditions<br/>Full employment of resources<br/>Distribution of the gains from trade<br/>Arguments put in support of trade restrictions<br/>To protect against competition from cheap labour countries<br/>To prevent dumping<br/>To raise revenue<br/>For retaliation<br/>To ‘export’ unemployment<br/>For social or security reasons<br/>Balance of Payments<br/>Monetary Matters<br/>Government manipulation of the trade balance and exchange rates<br/>Exercise on Material in Chapter 9<br/>10 Government Policy for Agriculture and Rural Areas<br/>Introduction<br/>Why do governments get involved with the economy?<br/>The Policy Process<br/>1. Problem formulation<br/>2. Policy formulation<br/>3. Policy implementation<br/>4. Policy effect<br/>Government, Agriculture and Rural Areas<br/>Agriculture and general policy aims<br/>Policy for rural areas<br/>Policies designed specifically for the problems of agriculture<br/>Policy in Practice<br/>Some tools of market intervention<br/>Quota - quantity restriction<br/>Other policy instruments in use<br/>Agri-environmental policy instruments<br/>The Future Nature of Agricultural and Rural Development Policy<br/>Exercise on Material in Chapter 10<br/>Appendix 1 Essay Questions<br/>Chapter 1<br/>Chapter 2<br/>Chapter 3<br/>Chapter 4<br/>Chapter 5<br/>Chapter 6<br/>Chapter 7<br/>Chapter 8<br/>Chapter 9<br/>Chapter 10<br/>Appendix 2 Suggested Answers and Explanations for the Exercises following each Chapter<br/>Chapter 1<br/>Chapter 2<br/>Chapter 3<br/>Chapter 4<br/>Chapter 5<br/>Chapter 6<br/>Chapter 7<br/>Chapter 8<br/>Chapter 9<br/>Chapter 10<br/>References<br/>Suggested Further Reading<br/>General texts to supplement all chapters of this book<br/>Texts specific to the economics of agriculture<br/>Farm production economics<br/>The EU’s Common Agricultural Policy and public decision making<br/>The policy process<br/>Index<br/>Back Cover<br/>
520 ## - SUMMARY, ETC.
Summary, etc "A simple but effective introduction to economics. Fully updated and revised, this fifth edition covers the impacts of Brexit, animal welfare, sustainable agriculture, and the importance of natural, social and cultural capital on agricultural economics. It is an invaluable learning tool for students of agriculture, economics and related sectors"--
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Economics.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Agriculture
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type General Books
100 1# - MAIN ENTRY--PERSONAL NAME
Relator term author.
263 ## - PROJECTED PUBLICATION DATE
Projected publication date 2107
504 ## - BIBLIOGRAPHY, ETC. NOTE
Bibliography, etc Includes bibliographical references and index.
530 ## - ADDITIONAL PHYSICAL FORM AVAILABLE NOTE
Additional physical form available note Also issued in electronic format.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
General subdivision Economic aspects.
776 08 - ADDITIONAL PHYSICAL FORM ENTRY
Display text Online version:
Main entry heading Hill, Berkeley,
Title An introduction to economics
Edition 5th edition.
Place, publisher, and date of publication Boston, MA : CAB International, [2021]
International Standard Book Number 9781800620070
Record control number (DLC) 2021006808
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
a 7
b cbc
c orignew
d 1
e ecip
f 20
g y-gencatlg
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Collection code Home library Location Shelving location Date of Cataloging Total Checkouts Full call number Barcode Date last seen Price effective from Koha item type
    Dewey Decimal Classification     Non-fiction CUTN Central Library CUTN Central Library Social Sciences 03/04/2025   330.024 HIL 52018 03/04/2025 03/04/2025 General Books