Demand and Supply — Market Mechanisms for Agricultural Products

  • Bernadette Andreosso-O’Callaghan


From a demand and supply perspective, agricultural products fall into three broad groups: food, raw materials and non-food consumer goods such as cut flowers, trees and shrubs. Raw materials such as cotton are of very limited importance to the EU, whereas public policy is normally extremely limited with regard to non-food consumer products. This explains why most of the attention of European agricultural economists has traditionally been confined to food products.


Bovine Spongiform Encephalopathy Demand Curve Food Price Income Elasticity Supply Curve 
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Copyright information

© Bernadette Andreosso-O’Callaghan 2003

Authors and Affiliations

  • Bernadette Andreosso-O’Callaghan
    • 1
  1. 1.University of LimerickIreland

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