SIR BRIAN'S REVIEW & TUTORIAL CENTER "Reviewe with a Great Vision"

100%

SIR BRIAN'S REVIEW & TUTORIAL CENTER "Review with a Great Vision"

Market

Derived from the Latin word "mercatus," which means "trade," "a place of trade," or "buying and selling."

From the Latin verb "mercari," meaning "to trade" or "to buy," which itself is derived from "merx" (meaning "goods" or "merchandise").

What is market?

A system or environment where buyers and sellers come together to exchange products, services, and inputs. This concept encompasses not just the physical location where transactions occur but also the broader mechanisms and dynamics involved in the exchange of goods.

A group of buyers and sellers with facilities for trading with each other.

A place where buyers and sellers meet to exchange goods and services.

A large geographic area wherein a given set of supply and demand forces operate to set prices.

Elements of Market

Entry Points in Agricultural Marketing

Agricultural Marketing System

Approaches in Marketing

General Types of Market Structure.

Marketing channels.

Service output.

Marketing Function.

Types of Utility.

Types of Marketing margins:

Marketing efficiency.

Marketing Plan

Product Classifications:

Product quality

ISO nine thousand

Two. Price - amount of money or other forms of compensation that a buyer must pay to acquire a good or service

Pricing Strategies:

Three. Place - refers to the distribution channels and locations where agricultural products are made available to consumers

Types of advertising:

What is economics?

Positive economics

Normative economics

Ideologies

Key Contributions

Adam Smith

David Ricardo

Thomas Malthus

John Mill

. Shifts the focus from production to individual choices and marginal utility

Economist

Leon Walras

Three. Keynesian Economics

Four. Mainstream Economics

Major Theories in Economics

Two. Marxism/Marxian Economics

Three. Neoclassical Economics

Production Possibility Frontier

Factors causing outward and inward shift of PPF Curve

Two. Inward Shift

Theory of Production

Key Concepts:

Stages of Production

Stage two

Theory of Cost

Types of Cost

Price and Output

Profit Maximizing Condition in a Perfectly Competitive Market

Shutdown Point

Demand and Supply

Law of Demand

Price Floor

Price Ceiling

Types of Elasticity

B. Inelastic

C. Unitary Elastic

D. Elastic

E. Perfectly Elastic

Sample problem solving:

Tax Burden in relation to elasticities

How does price elasticity affect total revenue?

One. Positive Cross Price Elasticity

Two. Negative Cross Price Elasticity

Sample Problem Solving:

MACROECONOMICS

Circular Flow Diagram

Three Approaches:

Consumption and Savings

Sample Problem Solving:

Types of Unemployment

Two. Structural Unemployment

Three. Cyclical Unemployment

Four. Seasonal Unemployment

Business Cycle - Depicts the rise and fall in output (production of goods and services) over time

Inflation - rate at which the general level of prices for goods and services rises, eroding purchasing power

Types of Inflation

Consumer price index

Market Basket

Fiscal and Monetary Policy

Monetary Policy - central bank controls the supply of money and interest rates to achieve sustainable economic growth

Contractionary Monetary Policy

Commodity money - form of money that has intrinsic value because it is made up of a physical commodity

Taxation

Specific/Excise tax - fixed amount charged per unit of a good or service

Banking

One

Types of Banks

Two. Thrift Banks

Three. Rural Banks

Four. Cooperative Banks

Agriculture and Economic Growth Economic Development

Constitutional Development

Structural Development

Social Development

Philippine Development Plan (twenty twenty-three to twenty twenty-eight)

Intensive Agriculture

Extensive Agriculture

International Trade

Law of Comparative Advantage

Overview

The document serves as an educational resource on agricultural marketing, detailing the mechanisms through which agricultural products move from producers to consumers. It emphasizes the importance of various subsystems and marketing functions in achieving efficient product distribution.

Key Points

1Agricultural marketing encompasses both the physical movement of goods and the broader economic systems involved
2The document outlines several marketing approaches, including commodity, institutional, and functional approaches
3Effective marketing relies on understanding market structure, conduct, and performance
4Marketing functions create utility by optimizing the flow and availability of products to consumers

Details

Category: Education

PDF
Understanding Human Development: Concepts, Approaches, and Life Stages
This document provides an overview of essential concepts and approaches related to human development, detailing the stages of development along with their corresponding tasks, and emphasizing the roles of biological, cognitive, and socio-emotional processes.
PDF
From Laboratory to Classroom: A Pre-Service Teacher's Guide to Behaviorism
This document serves as a comprehensive guide for pre-service teachers on the principles of behaviorism, detailing how environmental factors influence student learning and behavior through various conditioning theories.
PDF
ENG 153 P2 Examination Review
This document serves as a comprehensive review for an examination in an English literature course, covering literature's significance, literary genres, teaching methods, comprehension levels, and assessment strategies.
PDF
The Influence of Employment on Senior High School Students' Decision Making to Enter Work or College
This study examines how employment-related factors influence Grade 12 Senior High School students' choices between entering the workforce and pursuing college after graduation. It addresses the impacts of financial considerations, family responsibilities, and career development on students' decision-making processes.
PDF
AGRICULTURAL EXTENSION & COMMUNICATION FACE-TO-FACE REVIEW SUMMARY NOTES Prepared by: IGMangulabnan
This document provides an overview of agricultural extension and communication, detailing historical developments, legislative actions, and the evolution of agricultural services in various contexts, including Europe, the United States, and the Philippines.