AREC 464
Economics of Policy Analysis

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Readings for Fall 2016

Important Note: This is a partial reading list. You are responsible for the all readings listed on this site below. I will be adding to this current list throughout the semester. You will be responsible for reading all the materials, even those posted later in the semester. There are several topics to be covered in this course (minimum wage laws, the Trans-Pacific Partnership, effects of globalization on inequality, whether economics can predict the outcomes of presidential elections, and new debates over macroeconomic policies and financial regulation) that are changing quickly. To the list below, I will be adding short readings on these hot topics. These readings will be short, the length of a newspaper editorial or blog post. Economic blog posts are one of the best ways to keep up with what is current in the field.

Week One
Introduction to Agricultural Economics, Penson, Capps, Rosson, Woodward (PCRW) Chapter 2. The US Food & Fiber Industry.

Week Two
PCRW Chapter 4. Consumer Equilibrium and Market Demand.

PCRW Chapter 8. Market Equilibrium and Product Price: Perfect Competition.

Week Three
PCRW Chapter 9. Market Equilibrium and Product Price: Imperfect Competition.

Perloff, Jeffrey (2001). Microeconomics, 2nd Ed. Chapter 15. Factor Markets and Vertical Integration.

Week Four
Blair, R. D., Kaserman, D. L., & Romano, R. E. (1989). A pedagogical treatment of bilateral monopoly. Southern Economic Journal, 831–841.

deSilver, Drew (2014) Where near-minimum wage workers work, and how much they earn. Pew Research Center. November 17, 2014.

Krueger, Allan (2015). The Minimum Wage: How Much Is Too Much? New York Times OCT. 9, 2015.

Smith, Noah (2015) Minimum Wages Are Great, Except When They're Not. Bloomberg View. November 9, 2015.

Smith, Noah (2016) Higher Minimum Wage Won't Lead to Armageddon.  Bloomberg View. June 13, 2016.

Williams, Erica (2016) State Earned Income Tax Credits and Minimum Wages Work Best Together. Center on Budget and Policy Priorities. January 20, 2016.

Week Five
Penson, John, Oral Capps, C. Parr Rosson and Richard Woodward. Prentice Hall, Inc., 2006 Introduction to Agricultural Economics 4th edition. Chapter 16. International Agricultural Trade.

Penson, John, Oral Capps, C. Parr Rosson and Richard Woodward. Prentice Hall, Inc., 2006 Introduction to Agricultural Economics 4th edition. Chapter 19. Agricultural Trade Policy and Preferential Trading Arrangements.

Kramer, Andrew, “Russia, Crippled by Drought, Bans Grain Exports,” New York Times, August 5, 2010.

Sexton, S., Zilberman, D., Rajagopal, D., Hochman, G., Wesseler, J., & Scatasta, S. (2009). The role of biotechnology in a sustainable biofuel future. AgBioForum, 12(1), 130-140.

Week Six
PCRW Chapter 16. Agricultural Trade and Exchange Rates.

Krugman, P., 1993. “What do undergrads need to know about trade? American Economic Review 83 (2), 23–26.

Week Seven
PCRW Chapter 18. Agricultural Trade Policy and Preferential Trading Arrangemen.t

Joseph Stiglitz (2016) Globalization and its New Discontents. Project Syndicate. 

Simon Johnson (2016) Is the TPP Good for America? Project Syndicate.

Nouriel Roubini (2016) Globalization’s Political Fault Lines. Project Syndicate.

Week Eight
Kramer, Andrew, “Russia, Crippled by Drought, Bans Grain Exports,” New York Times, August 5, 2010.

Sexton, S., Zilberman, D., Rajagopal, D., Hochman, G., Wesseler, J., & Scatasta, S. (2009). The role of biotechnology in a sustainable biofuel future. AgBioForum, 12(1), 130-140.

Falck-Zepeda, Jose Benjamin, Greg Traxler, and Robert G. Nelson. “Surplus distribution from the introduction of a biotechnology innovation.” American Journal of Agricultural Economics 82, no. 2 (2000) 360–369.

Frisvold, G.B., Reeves, J.M. & Tronstad, R. (2006). “Bt cotton adoption in the United States and China: international trade and welfare effects.” AgBioForum9(2), 69–78.

Week Nine
PCRW Chapter 12. Product Markets and National Output.

Week Ten
PCRW Chapter 12.
Product Markets and National Output.

Week Eleven
PCRW Chapter 13. Macroeconomic Policy Fundamentals

POCRW Chapter 14. Consequences of Business Fluctuations

Weeks Twelve to Fifteen
To be announced. Keep checking this site throughout the semester.


Last updated September 23, 2016.
Document located at http://ag.arizona.edu/classes/arec464/readings.html
website contact: arecweb@ag.arizona.edu


Readings are in pdf format and require Adobe Reader

 

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