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Transport and Agricultural Economics

Transport economics is a branch of economics that focuses on how resources are used for the transportation of people and goods. Just like any branch of economics, there is a demand and a supply. Transport demand is the derived demand for transportation, based on the need to participate in an activity and to move goods from where they are manufactured to where they are consumed. The demand for transport is based on consumer income and the price of a good.

A demand function is used to represent a consumer’s willingness to purchase the transported good or service at different prices. In transport economics, generalized cost is the costs of a journey, including monetary and non-monetary costs. Generalized cost takes money, distance, and time into consideration. The development of models in this area of economics measures the choices of the goods involved in transport decisions. Demand is measured by total distanced travelled or number of trips and supply is measured by capacity.

Positive and negative externalities are a part of transport economics. Positive externalities are the emergency services that are provided by transport networks while negative externalities include safety hazards, pollution, and traffic congestion. Transport economists have to factor in the environment when building transportation networks. The environment can influence travel costs and time.

Agricultural economics uses the principles and methods of economics and applies them to the production of livestock and crops. This branch of economics is more oriented towards microeconomics because it looks at the actions of individual food producers. Agricultural economics ideally creates an agriculture industry that is more efficient and better understands sustenance and market demand. It is a relatively new field of economics and is the accumulation of a multitude of schools of thought that focus on different aspects of agriculture. 

Wind Turbines & Heat Pumps

I am struggling to give precise answers to the questions below I just seem to be waffling and my research is not precise enough I think, I really need help in answer the questions below, hope you can help thanks 1. Describe in words the main features of the curve showing how the power output of a wind turbine depends on the w

Wave Energy Investment

Can you please help I keep misunderstanding and getting my self confused, I need to summarise the main arguments for and against major investment in wave power systems during the next 25 years, under the following headings. (i) The match between variations in demand and supply. (ii) The match between the locations of deman

Guidance to Questions on Alternatives to Petrol Fuels

Need to write a critical review about the attached published article, with respect to the prospects for renewable energy in the transportation sector, can you please help and make it simple as I have read the article over and over again, hopefully about 400 words in total should be enough to answer each point below thanks. A

Box Model and Simpson Diversity Index

Please show all work for this assignment and explain your derivations. In a box model, the maximum distance to transport particle across a city is shown as D. If the approximate length of one side is 40 miles, width is 28 miles and the mixing height is 2miles, to the nearest mile what will be this distance? In a box

Managing Supply Chain Logistics

Managing Supply Chain Logistics Discuss the strengths and weaknesses of the supply chain logistics / materials management concepts. Applying the MPC Framework Discuss the application of the MPC framework to a college/university setting. Identify the front end, engine, and back end. Demand Management & Forecasti

Intermodal freight congestion

Transportation congestion is a problem within intermodal freight movement in the U.S. and around the world. In your final assignment create a PowerPoint Presentation of at least 10 slides using APA formatting answering the following: 1 - Describe the "possible causes for freight movement congestion", or delays, for 3 are

A Discussion on the Intermodalism in Freight Transportation

Please discuss and extend the information on the topic, and to expand on the topic by giving real-world scenarios, which reflect this topic. . Based on this topic: - Freight transportation and the economy and categorize the key economic components of intermodalism. Respectfully

The impact of farm support programs to the economy

Consider the two attached case studies and answer the following questions" Farm Subsidies 1. "Subsidizing the price of milk or other agricultural products is not very expensive considering how many consumers there are in the United States. Therefore there is little harmful effect from such subsidies." Evaluate this statem

Elasticity of Vehicle Traffic in the City of Joplin

In the City of Joplin, due to weather devastation and hurricane effects, the cost of parking in the local Square has increased by 20%. This change has not only reduced the number of vehicles that travel to the Square by 5%, but it has also forced the inhabitants of Joplin to use buses. Bus trips have therefore increased to 20%.

Transportation Economics

Please assist with this question and show all work: In trip calculation, it is observed that a Wal-Mart store driver successfully made a total of 104 trips in a given period of time. During field calculation, it is shown that the calculated number of trips is actually 128. What is the value of the adjustment factor? ____

Strategic Human Resources Management

How have society and workplaces changed and what are the strategic human resources management (SHRM) implications of these changes for organizations? For this question I need to have an understanding of the implications of SHRM now, compared to the past prior to the implementation of current laws, policies and procedures.


SCENERIO Cooking the Poverty Books Everyone thinks there is a problem with the U.S. poverty figures. ? The conservatives think so: The Heritage Foundation calls the figures, A "Soviet-style disinformation campaign" and the Census Bureau which puts them out, a "Potempkin Village." ? Liberals think so t

Discussion questions: Economics

This is an article in Fortune magazine written in November, you can read the article which will help you understand the questions, as you read the article think about elasticity, particularly the elasticity of DEMAND. As business people you will often read articles similar to this and you should be able to understand them and th