Short-cut Demand Elasticities and Other Convenient Approaches to Consumer Demand

Short-cut Demand Elasticities and Other Convenient Approaches to Consumer Demand



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English | 2025 | ISBN-10: 981963587X | 285 pages| Epub PDF (True) | 18 MB

This book provides answers to analysts’ need to know about elasticities of demand, with a unique two-track approach. The first gives a self-contained, non-technical rendition, accessible to those with limited background. The second track contains the underlying theory, derivations, and some more advanced material. Subsequent chapters deal with the demand for food and other groups of goods, the system-wide approach, and the demand side of EDM and CGE models. This convenient source book will be valuable to students, consultants, business economists and government policy analysts. Clarity of exposition and economic intuition is emphasised throughout.
“In this remarkable book, the authors bridge the gap between sophisticated consumer demand theory and the practical world of economic modeling. Their guidance will be invaluable to anyone aiming to shed light on the economic impact of public policies.”
Thomas W. Hertel, Distinguished Professor and Executive Director, Center for Global Trade Analysis, Purdue University

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