Contents

1. Title page

   1. The Economics of Food and Agricultural Markets

2. Copyright

3. Author's Note for the Second Edition

4. I. Main Body

   1. Chapter 1. Introduction to Economics

      1. 1.1 Introduction to the Study of Economics
      2. 1.2 Supply and Demand
      3. 1.3 Markets: Supply and Demand
      4. 1.4 Elasticities
      5. 1.5 Welfare Economics: Consumer and Producer Surplus
      6. 1.6 The Motivation for and Consequences of Free Trade

   2. Chapter 2. Welfare Analysis of Government Policies

      1. 2.1 Price Ceiling
      2. 2.3 Quantitative Restriction
      3. 2.4 Import Quota
      4. 2.5 Taxes
      5. 2.6 Subsidies
      6. 2.7 Immigration
      7. 2.8 Welfare Impacts of International Trade

   3. Chapter 3. Monopoly and Market Power

      1. 3.1 Market Power Introduction
      2. 3.2 Monopoly Profit-Maximizing Solution
      3. 3.3 Marginal Revenue and the Elasticity of Demand
      4. 3.4 Monopoly Characteristics
      5. 3.5 Monopoly Power
      6. 3.6 Monopsony

   4. Chapter 4. Pricing with Market Power

      1. 4.1 Introduction to Pricing with Market Power
      2. 4.2 Price Discrimination
      3. 4.3 Intertemporal Price Discrimination
      4. 4.4 Peak Load Pricing
      5. 4.5 Two-Part Pricing
      6. 4.6 Bundling
      7. 4.7 Advertising

   5. Chapter 5. Monopolistic Competition and Oligopoly

      1. 5.1 Market Structures
      2. 5.2 Monopolistic Competition
      3. 5.3 Oligopoly Models
      4. 5.4 Oligopoly, Collusion, and Game Theory

   6. Chapter 6. Game Theory

      1. 6.1 Game Theory Introduction
      2. 6.2 Cooperative Strategy (Collusion)

   7. Chapter 7. Game Theory Applications

      1. 7.1 Repeated and Sequential Games
      2. 7.2 First Mover Advantage