Brief Summary of Learning from Week One

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Class start

CED6110

WEEK ONE

Attendance / Instructor Introduction

CPS Assistant Dean

Lead Faculty of the MS in Regulatory Affairs of Food

Assistant Teaching Professor

An award-winning educator, with over 25 years of teaching experience and leadership.

Author, speaker, consultant, government advisor with over 25 years of policy analysis & change experience.

Doctorate of Law and Policy

M.A. in Education

B.A. in Education

BA in History, geography, and economics

U.S. Navy Nuclear Submarine Veteran

Engineer

Weekly classes

Weekly topics

Weekly activities (in-class)

Weekly activities (homework)

Discussion Boards

Assignments

Grading

SYLLABUS

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

What is being Taught

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

The “WHY” behind Law and Economics

What is being Taught

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

The “WHY” behind Law and Economics

LAW and Legal Foundations

What is being Taught

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

The “WHY” behind Law and Economics

LAW and Legal Foundations

Property and Contract LAW

What is being Taught

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

The “WHY” behind Law and Economics

LAW and Legal Foundations

Property and Contract LAW

What is being Taught

LAW and

ECONOMICS

of Risk

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

The “WHY” behind Law and Economics

LAW and Legal Foundations

Property and Contract LAW

What is being Taught

LAW and

ECONOMICS

of Risk

How Does the LAW work?

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

The “WHY” behind Law and Economics

LAW and Legal Foundations

Property and Contract LAW

What is being Taught

LAW and

ECONOMICS

of Risk

How Does the LAW work?

Crime and Punishment

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

Assignments / Assessments

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

Define

Terms

Assignments / Assessments

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

Define

Terms

Apply

Concepts

Assignments / Assessments

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

Define

Terms

Apply

Concepts

Analyze

Case

Assignments / Assessments

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

Define

Terms

Apply

Concepts

Analyze

Case

Analyze

Case

Assignments / Assessments

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

Define

Terms

Apply

Concepts

Analyze

Case

Analyze

Case

Consult

Case

Assignments / Assessments

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

Define

Terms

Apply

Concepts

Analyze

Case

Analyze

Case

Consult

Case

Reflect

Case

Assignments / Assessments

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

Brief Summary of Learning from Week One

FORMATIVE ASSESSMENT:

Defining Terms and providing some examples

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

Brief Summary of Learning from Week One

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

FORMATIVE ASSESSMENT: Define all eight “Consumer Reputations and make explicit connections to law and economic concerns. Define Social Science Perspectives and apply them to two assigned examples and one student-choice example.

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

Brief Summary of Learning from Week One

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #2

FORMATIVE ASSESSMENT: Define all categories of Public and Private law, including connection to food and an example. Further, you are to analyze an assigned example and focus on its background, economic impact(s), and legal consideration(s).

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

Brief Summary of Learning from Week One

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #2

Brief Summary of Learning from Week Four

FORMATIVE ASSESSMENT:

Based on in-class case analyses

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

Brief Summary of Learning from Week One

Law and Economics Paper #1

Brief Summary of Learning from Week Four

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #2

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #3

SUMMATIVE ASSESSMENT:

write a business report (paper) for a real or hypothetical company in the Romaine lettuce industry that provides a discussion of the background and discussions pertaining to economics and the law. Further, you are to evaluate the economic and legal pros and cons regarding a solution, justifying your recommendation.

CED 6110 LAW and ECONOMICS
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6

Brief Summary of Learning from Week One

Law and Economics Paper #1

LEGAL / ECONOMIC Framework Graphic Organizer

Brief Summary of Learning from Week Four

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #2

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #1

Law and Economics Paper #3

REFLECTION:

In-class Activity

ATTENDANCE COMMUNICATION ACADEMIC INTEGRITY

IMPORTANT

Questions

Concerns

Problems

Feedback

Come Prepared

Participate

Complete On-Time

Original Work

No Plagiarism

Citations

Economics

Law

Consumer (Food)

COURSE

Economics

Law

TODAY (Week 1) 5:50 – 8:30

1

Course Introduction

2

Activity #1: “WHY?”

3

Lecture #1: Consumer / Supply & Demand / Equilibrium

4

Lecture #2: Indifference / Substitution / Marginal Benefit

5

Lecture #3: Firms / Risk / Reputation / Ethics / Law

Activity #1

1

4 Small Groups

2

Worksheet

3

Share

4

Discussion Board

GROUP

Whole class

S.A.I.L.

INTELLECTUAL AGILITY GLOBAL MINDSET SOCIAL CONSCIOUSNESS & COMMITMENT PROFESSIONAL & PERSONAL EFFECTIVENESS WELL-BEING
Learners develop the ability to use knowledge, behaviors, skills, and experiences flexibly in new and unique situations to innovatively contribute to their field. Learners develop knowledge, skills, and behaviors to live, work, and communicate with people whose backgrounds, experiences, and perspectives are different from their own as well as to consider the global impact of their decisions. Learners develop the confidence, skills, and values to effectively recognize the needs of individuals, communities, and societies and make a commitment to constructively engage in social action. Learners develop the confidence, skills, behaviors, and values to effectively discern life goals, form relationships, and shape their personal and professional identities to achieve fulfillment. Learners develop knowledge, skills, and behaviors necessary to live balanced and fulfilling lives.

Individual

Discussion Board

End of Class Intro

Start of Lecture Section ONE

Consumer / Supply and Demand / “Equilibrium”

study of microeconomics

The theory of consumer choice and demand

The choices made by firms

How consumers and firms interact

The supply and demand for inputs into the productive process

Welfare Economics

study of microeconomics

DEMAND

The theory of consumer choice and demand

The choices made by firms

How consumers and firms interact

The supply and demand for inputs into the productive process

Welfare Economics

SUPPLY

study of microeconomics

The theory of consumer choice and demand

The choices made by firms

How consumers and firms interact

The supply and demand for inputs into the productive process

Welfare Economics

MARKET

study of microeconomics

The theory of consumer choice and demand

The choices made by firms

How consumers and firms interact

The supply and demand for inputs into the productive process

Welfare Economics

study of microeconomics

OVERHEAD

The theory of consumer choice and demand

The choices made by firms

How consumers and firms interact

The supply and demand for inputs into the productive process

Welfare Economics

study of microeconomics

CORPORATE SOCIAL RESPONSIBILITY

The theory of consumer choice and demand

The choices made by firms

How consumers and firms interact

The supply and demand for inputs into the productive process

Welfare Economics

PACKET

“Consumer”

I buy

goods and

services

“I know the things I like and dislike. I rank the available alternative combinations of goods and services according to my ability to satisfy my preferences, and I rationally maximize utility subject to my income constraints.”

“…satisfy my preferences…

OLD Preferences

PRICE

SATIATION

SATISFACTION

“Can I afford it?”

“Is it what makes me happy?”

“Is it enough?”

“…satisfy my preferences…

OLD Preferences

PRICE

SATIATION

SATISFACTION

“…satisfy my preferences…

NEW

Preferences

QUALITY

SAFEETY

DEFENSE

SECURITY

AUTHENTICITY

OLD Food Choice

PRICE

SATIATION

SATISFACTION

Does it have the characteristics I want?

Is it free from defect?

Is it free from sabotage?

Is it healthy, sustain-able?

Is it free from fraud, crime?

“…satisfy my preferences…

NEW

Preferences

QUALITY

SAFEETY

DEFENSE

SECURITY

AUTHENTICITY

OLD Food Choice

PRICE

SATIATION

SATISFACTION

“…satisfy my preferences…

PRICE

SATISFACTION

SATIATION

QUALITY

SAFETY

DEFENSE

SECURITY

AUTHENTICITY

Price

Quantity

Demand

1000 2000 3000 4000 5000 6000 7000 8000

0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00

The relationship between the price of a certain commodity and the quantity of that commodity that is demanded at that price

LESS demanded at a HIGH price

MORE demanded at a LOW price

“Consumer”

I sell

goods and

services

“I am an institution in which output (products and services) is fabricated from inputs (capital, labor, land, and so on).”

“The

Firm”

Price

Quantity

Supply

Demand

1000 2000 3000 4000 5000 6000 7000 8000

0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00

the amount of a resource that firms, producers, laborers, providers of financial assets, or other economic agents are willing and able to provide (SUPPLY) to the market.

MORE quantity provided at a LOW price

LESS quantity provided at a HIGH price

“The

Firm”

PACKET

Price

Quantity

Supply

Demand

1000 2000 3000 4000 5000 6000 7000 8000

0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00

Scenario #1:

Supply =

1000 units at $0.50 per unit

Demand = 6500 units

Price

Quantity

Supply

Demand

1000 2000 3000 4000 5000 6000 7000 8000

0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00

Scenario #1:

Supply =

1000 units at $0.50 per unit

Demand = 6500 units

__________

Price

Quantity

Supply

Demand

1000 2000 3000 4000 5000 6000 7000 8000

0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00

Scenario #1:

Supply =

1000 units at $0.50 per unit

Demand = 6500 units

SHORTAGE = 5500 units

SHORTAGE

Price

Quantity

Supply

Demand

1000 2000 3000 4000 5000 6000 7000 8000

0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00

Scenario #3:

Supply =

4750 units at $2.00 per unit

Demand = 2750 units

Price

Quantity

Supply

Demand

1000 2000 3000 4000 5000 6000 7000 8000

0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00

Scenario #3:

Supply =

4750 units at $2.00 per unit

Demand = 2750 units

SURPLUS = 2000 units

________

Price

Quantity

Supply

Demand

1000 2000 3000 4000 5000 6000 7000 8000

0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00

Scenario #3:

Supply =

4750 units at $2.00 per unit

Demand = 2750 units

SURPLUS = 2000 units

SURPLUS

Price

Quantity

Supply

Demand

1000 2000 3000 4000 5000 6000 7000 8000

0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00

Scenario #4:

Supply =

3750 units at $1.50 per unit

Demand = 3750 units

SURPLUS = 0 units

SHORTAGE = 0 units

___________

Price

Quantity

Supply

Demand

1000 2000 3000 4000 5000 6000 7000 8000

0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00

Scenario #4:

Supply =

3750 units at $1.50 per unit

Demand = 3750 units

SURPLUS = 0 units

SHORTAGE = 0 units

-> EQUILIBRIUM<-

EQUILIBRIUM

Same as

No Shortage, No Surplus

Shortage

Hunger

Food

Deserts

Surplus

Waste

Equilibrium

Non-Equilibrium

Food

Jungles

Less than

Greater than

No Shortage, No Surplus

Shortage

Hunger

Food

Deserts

Surplus

Waste

Equilibrium

Non-Equilibrium

Food

Jungles

No Shortage, No Surplus

Shortage

Sells all units

Loss of additional sales

Surplus

Cannot sell all units

Equilibrium

Non-Equilibrium

Impact on Firm

Loss of anticipated sales

No Shortage, No Surplus

Shortage

Hunger

Food

Deserts

Surplus

Waste

Equilibrium

Non-Equilibrium

Consumer Impact

Food

Oasis

Global Concerns

A food desert is an area that has

limited access

to supermarkets and to affordable and nutritious fresh foods.

A food desert is an area that has

limited access

to supermarkets and to affordable and nutritious fresh foods.

A food oasis is the opposite –

an area with high access to supermarkets or vegetable shops with fresh foods.

A food oasis is the opposite –

an area with high access to supermarkets or vegetable shops with fresh foods.

No Shortage, No Surplus

Shortage

Hunger

Food

Deserts

Surplus

Waste

Equilibrium

Non-Equilibrium

Consumer Impact

Food

Oasis

Global Concerns

No Shortage, No Surplus

Shortage

Hunger

Food

Deserts

Surplus

Waste

Equilibrium

Non-Equilibrium

Consumer Impact

Food

Oasis

Global Concerns

No Shortage, No Surplus

Shortage

Hunger

Food

Deserts

Surplus

Waste

Equilibrium

Non-Equilibrium

Consumer Impact

Food

Oasis

Global Concerns

No Shortage, No Surplus

Shortage

Hunger

Food

Deserts

Surplus

Waste

Equilibrium

Non-Equilibrium

Consumer Impact

Food

Oasis

Global Concerns

End of Lecture Section ONE

Start of Lecture Section TWO

Consumer / Indifference/ Substitution & Marginal Benefit

Indifference Curve

Indifference Curve

Indifference Curve

4

1

Marginal

Rate of

Substitution

(MRS)

4

1

Marginal

Rate of

Substitution

(MRS)

2

1

Marginal

Rate of

Substitution

(MRS)

2

1

Marginal

Rate of

Substitution

(MRS)

1

1

Marginal

Rate of

Substitution

(MRS)

1

1

Marginal

Rate of

Substitution

(MRS)

2

1

Marginal

Rate of

Substitution

(MRS)

2

1

Marginal

Rate of

Substitution

(MRS)

Marginal

Rate of

Substitution

(MRS)

MRS= 4

MRS= 2

MRS= 1

MRS= 0.5

Marginal

Rate of

Substitution

(MRS)

MRS= 4

MRS= 2

MRS= 1

MRS= 0.5

Structural Integrity

# of Doors

Design

More Doors

Speed of Evacuation

Less Doors

Structural Integrity

Marginal Cost

Marginal Benefit

Reduction in Issue of Concern

Structural Integrity

# of Doors

Design

Marginal Cost

Marginal Benefit

More Doors

Speed of Evacuation

Less Doors

Structural Integrity

Risk

Food Safety

Cost

More Safety

Pathogen-Free

Healthy People

Less Safety

Lower Cost/

More Risk

Risk

Food Safety

Marginal Cost

Marginal Benefit

Cost

More Safety

Pathogen-Free

Healthy People

Less Safety

Lower Cost/

More Risk

Pollution

Cost

Manufacturing/

Utilities

Reduction in Pollution

More Environmental

Cleaner Skies /

Healthy People

Less Environmental

Lower Bills /

More Pollution

Pollution

Cost

Manufacturing/

Utilities

Marginal Cost

Marginal Benefit

Reduction in Pollution

More Environmental

Cleaner Skies /

Healthy People

Less Environmental

Lower Bills /

More Pollution

End of Lecture Section TWO

Start of Lecture Section THREE

Firms / Profit / Risk / Reputation Ethics / Law

The profit-maximizing firm produces that amount of output that leads to the greatest positive difference between the firm’s revenue and its costs.

Total Revenue

Total Costs of Production

-

=

Profit

Total Revenue

Total Costs of Production

-

=

Profit

equals the number of units of output sold multiplied by the price of each unit

equal the costs of each of the inputs times the number of units of input used, summed over all inputs

the number of units of output sold

the cost of each unit’s input

the number of units of output sold

the cost of each unit’s input

I will outsource, buy cheapest materials

the number of units of output sold

the cost of each unit’s input

I will outsource, buy cheapest materials

I want better reputation behind the product / service

the number of units of output sold

the price of each unit

I will raise the price as high as I want!

the number of units of output sold

the price of each unit

I will raise the price as high as I want!

I will find a lower priced option

Cost

Negative Impact on Employees

More Healthy

Insurance

Sick time-off

Healthy Employees

Less Healthy

Lower Cost/

More Sick /Injured Employees

This will increase my total costs of production

This will reduce my workforce, thereby reducing my number of units

Cost

Negative Impact on Employees

More Healthy

Insurance

Sick time-off

Healthy Employees

Less Healthy

Lower Cost/

More Sick /Injured Employees

PACKET

Corporate Social Responsibility, or “CSR,” DEFINED AS: the need for businesses to be good corporate citizens CSR goes beyond earning money for shareholders It's concerned with protecting the interests of all stakeholders (employees, customers, suppliers, and the communities in which businesses operate)

RESPONSIBILITIES

ECONOMIC

LEGAL

ETHICAL

PHILANTHROPIC

RESPONSIBILITIES

ECONOMIC

LEGAL

ETHICAL

PHILANTHROPIC

LAWS

COMPLIANCE

STANDARDS

POLICIES

REGULATIONS

RULES

GOVERNANCE

RESPONSIBILITIES

ECONOMIC

LEGAL

ETHICAL

PHILANTHROPIC

Ethics seeks to resolve questions of human morality by defining concepts such as 

GOOD EVIL
RIGHT WRONG
JUSTICE CRIME

RESPONSIBILITIES

ECONOMIC

LEGAL

ETHICAL

PHILANTHROPIC

RESPONSIBILITIES

ECONOMIC

LEGAL

ETHICAL

PHILANTHROPIC

Philanthropy - public good, focusing on quality of life (welfare of others) 

Business initiatives, for private good, focusing on material gain

PHYSIOLOGICAL NEEDS

SAFETY / SECURITY NEEDS

SOCIAL NEEDS

ESTEEM

SELF-ACTUALIZATION

HUMAN NEEDS

Needs lower down in the hierarchy

must be satisfied

before

individuals can attend to needs higher up.

AIR

SURVIVAL

WATER

FOOD

SHELTER

SLEEP

PHYSIOLOGICAL NEEDS

SAFETY / SECURITY NEEDS

SOCIAL NEEDS

ESTEEM

SELF-ACTUALIZATION

HEALTH AND WELL-BEING

PERSONAL HEALTH & WELL-BEING

FINANCIAL SECURITY

PHYSIOLOGICAL NEEDS

SAFETY / SECURITY NEEDS

SOCIAL NEEDS

ESTEEM

SELF-ACTUALIZATION

FAMILY

FRIENDSHIP

BELONGING AND SUPPORT

PHYSIOLOGICAL NEEDS

SAFETY / SECURITY NEEDS

SOCIAL NEEDS

ESTEEM

SELF-ACTUALIZATION

ACHIEVEMENT

CONFIDENCE

BELONGING AND SUPPORT

PHYSIOLOGICAL NEEDS

SAFETY / SECURITY NEEDS

SOCIAL NEEDS

ESTEEM

SELF-ACTUALIZATION

CREATIVITY

REALIZATION OF

POTENTIAL

fulfillment of one’s talents and potentialities

PHYSIOLOGICAL NEEDS

SAFETY / SECURITY NEEDS

SOCIAL NEEDS

ESTEEM

SELF-ACTUALIZATION

Connections

Social Science Perspective Definition Food Examples
Geographic Land, Movement, Natural Resources Apples, the trees, the water and land for the trees. How far away they came from to get onto your plate
Political / Legal Political / Legal institutions, documents, decisions, and processes The FDA regulation of those apples. The laws about their safety
Economic Ways resources are used by society to satisfy human wants. Behavior, Supply, Demand, Value The price of those apples. The impact of taxes or incentives to buy apples. Impact of a recall on the market.
Social Family, organizational, political and social behavior. Cultural (art, literature, language) Families eating apples together. Giving apples as gifts. Stories about apples.

Social Science Perspectives (SSPs)

Social Science Perspective Definition Food Examples
Geographic Land, Movement, Natural Resources Apples, the trees, the water and land for the trees. How far away they came from to get onto your plate
Political / Legal Political / Legal institutions, documents, decisions, and processes The FDA regulation of those apples. The laws about their safety
Economic Ways resources are used by society to satisfy human wants. Behavior, Supply, Demand, Value The price of those apples. The impact of taxes or incentives to buy apples. Impact of a recall on the market.
Social Family, organizational, political and social behavior. Cultural (art, literature, language) Families eating apples together. Giving apples as gifts. Stories about apples.

Social Science Perspectives (SSPs)

Social Science Perspective Definition Food Examples
Geographic Land, Movement, Natural Resources Apples, the trees, the water and land for the trees. How far away they came from to get onto your plate
Political / Legal Political / Legal institutions, documents, decisions, and processes The FDA regulation of those apples. The laws about their safety
Economic Ways resources are used by society to satisfy human wants. Behavior, Supply, Demand, Value The price of those apples. The impact of taxes or incentives to buy apples. Impact of a recall on the market.
Social Family, organizational, political and social behavior. Cultural (art, literature, language) Families eating apples together. Giving apples as gifts. Stories about apples.

Social Science Perspectives (SSPs)

Social Science Perspective Definition Food Examples
Geographic Land, Movement, Natural Resources Apples, the trees, the water and land for the trees. How far away they came from to get onto your plate
Political / Legal Political / Legal institutions, documents, decisions, and processes The FDA regulation of those apples. The laws about their safety
Economic Ways resources are used by society to satisfy human wants. Behavior, Supply, Demand, Value The price of those apples. The impact of taxes or incentives to buy apples. Impact of a recall on the market.
Social Family, organizational, political and social behavior. Cultural (art, literature, language) Families eating apples together. Giving apples as gifts. Stories about apples.

Social Science Perspectives (SSPs)

Social Science Perspective Definition Food Examples
Geographic Land, Movement, Natural Resources Apples, the trees, the water and land for the trees. How far away they came from to get onto your plate
Political / Legal Political / Legal institutions, documents, decisions, and processes The FDA regulation of those apples. The laws about their safety
Economic Ways resources are used by society to satisfy human wants. Behavior, Supply, Demand, Value The price of those apples. The impact of taxes or incentives to buy apples. Impact of a recall on the market.
Social Family, organizational, political and social behavior. Cultural (art, literature, language) Families eating apples together. Giving apples as gifts. Stories about apples.

Social Science Perspectives (SSPs)

Social Science Perspective Definition Food Examples
Geographic Land, Movement, Natural Resources Apples, the trees, the water and land for the trees. How far away they came from to get onto your plate
Political / Legal Political / Legal institutions, documents, decisions, and processes The FDA regulation of those apples. The laws about their safety
Economic Ways resources are used by society to satisfy human wants. Behavior, Supply, Demand, Value The price of those apples. The impact of taxes or incentives to buy apples. Impact of a recall on the market.
Social Family, organizational, political and social behavior. Cultural (art, literature, language) Families eating apples together. Giving apples as gifts. Stories about apples.

Social Science Perspectives (SSPs)

Social Science Perspective Definition Food Examples
Geographic Land, Movement, Natural Resources Apples, the trees, the water and land for the trees. How far away they came from to get onto your plate
Political / Legal Political / Legal institutions, documents, decisions, and processes The FDA regulation of those apples. The laws about their safety
Economic Ways resources are used by society to satisfy human wants. Behavior, Supply, Demand, Value The price of those apples. The impact of taxes or incentives to buy apples. Impact of a recall on the market.
Social Family, organizational, political and social behavior. Cultural (art, literature, language) Families eating apples together. Giving apples as gifts. Stories about apples.

Social Science Perspectives (SSPs)

Social Science Perspective Definition Food Examples
Geographic Land, Movement, Natural Resources Apples, the trees, the water and land for the trees. How far away they came from to get onto your plate
Political / Legal Political / Legal institutions, documents, decisions, and processes The FDA regulation of those apples. The laws about their safety
Economic Ways resources are used by society to satisfy human wants. Behavior, Supply, Demand, Value The price of those apples. The impact of taxes or incentives to buy apples. Impact of a recall on the market.
Social Family, organizational, political and social behavior. Cultural (art, literature, language) Families eating apples together. Giving apples as gifts. Stories about apples.

Social Science Perspectives (SSPs)

Social Science Perspective Definition Food Examples
Geographic Land, Movement, Natural Resources Apples, the trees, the water and land for the trees. How far away they came from to get onto your plate
Political / Legal Political / Legal institutions, documents, decisions, and processes The FDA regulation of those apples. The laws about their safety
Economic Ways resources are used by society to satisfy human wants. Behavior, Supply, Demand, Value The price of those apples. The impact of taxes or incentives to buy apples. Impact of a recall on the market.
Social Family, organizational, political and social behavior. Cultural (art, literature, language) Families eating apples together. Giving apples as gifts. Stories about apples.

Social Science Perspectives (SSPs)

Consumer Reputations (Trust in Firm / Product)

NEW Food Choice

QUALITY

SAFEETY

DEFENSE

SECURITY

AUTHENTICITY

REPUTATIONS DEFINITIONS FOOD EXAMPLES OTHER EXAMPLES
Quality Customer preferences, Free of Defect (non-harming) Taste, Smell, Appearance, Texture (Bruises, Dirty, off-color, etc.)
Safety Free of Defect / failure (harming) Contamination: Biological (E.coli, Salmonella, etc.), Chemical (allergens, chemicals), Physical (metal, glass, rocks, plastic, etc.)
Defense Free from: Corporate Sabotage, Terrorism, etc. Food Bio-Terrorism, Economically-Motivated Adulteration, Sabotage
Security Free from limited Access, Availability, Free from negative impact on Sustainability, Nutritional, sustainable growth, Access
Authenticity Free from fraud, crime, counterfeit, substitution, etc. Fake food, mislabeled food, Horsemeat Scandal,

Consumer Reputations (Trust in Firm / Product)

REPUTATIONS DEFINITIONS FOOD EXAMPLES OTHER EXAMPLES
Quality Customer preferences, Free of Defect (non-harming) Taste, Smell, Appearance, Texture (Bruises, Dirty, off-color, etc.)
Safety Free of Defect / failure (harming) Contamination: Biological (E.coli, Salmonella, etc.), Chemical (allergens, chemicals), Physical (metal, glass, rocks, plastic, etc.)
Defense Free from: Corporate Sabotage, Terrorism, etc. Food Bio-Terrorism, Economically-Motivated Adulteration, Sabotage
Security Free from limited Access, Availability, Free from negative impact on Sustainability, Nutritional, sustainable growth, Access
Authenticity Free from fraud, crime, counterfeit, substitution, etc. Fake food, mislabeled food, Horsemeat Scandal,

Consumer Reputations (Trust in Firm / Product)

REPUTATIONS DEFINITIONS FOOD EXAMPLES OTHER EXAMPLES
Quality Customer preferences, Free of Defect (non-harming) Taste, Smell, Appearance, Texture (Bruises, Dirty, off-color, etc.)
Safety Free of Defect / failure (harming) Contamination: Biological (E.coli, Salmonella, etc.), Chemical (allergens, chemicals), Physical (metal, glass, rocks, plastic, etc.)
Defense Free from: Corporate Sabotage, Terrorism, etc. Food Bio-Terrorism, Economically-Motivated Adulteration, Sabotage
Security Free from limited Access, Availability, Free from negative impact on Sustainability, Nutritional, sustainable growth, Access
Authenticity Free from fraud, crime, counterfeit, substitution, etc. Fake food, mislabeled food, Horsemeat Scandal,

Consumer Reputations (Trust in Firm / Product)

REPUTATIONS DEFINITIONS FOOD EXAMPLES OTHER EXAMPLES
Quality Customer preferences, Free of Defect (non-harming) Taste, Smell, Appearance, Texture (Bruises, Dirty, off-color, etc.)
Safety Free of Defect / failure (harming) Contamination: Biological (E.coli, Salmonella, etc.), Chemical (allergens, chemicals), Physical (metal, glass, rocks, plastic, etc.)
Defense Free from: Corporate Sabotage, Terrorism, etc. Food Bio-Terrorism, Economically-Motivated Adulteration, Sabotage
Security Free from limited Access, Availability, Free from negative impact on Sustainability, Nutritional, sustainable growth, Access
Authenticity Free from fraud, crime, counterfeit, substitution, etc. Fake food, mislabeled food, Horsemeat Scandal,

Consumer Reputations (Trust in Firm / Product)

REPUTATIONS DEFINITIONS FOOD EXAMPLES OTHER EXAMPLES
Quality Customer preferences, Free of Defect (non-harming) Taste, Smell, Appearance, Texture (Bruises, Dirty, off-color, etc.)
Safety Free of Defect / failure (harming) Contamination: Biological (E.coli, Salmonella, etc.), Chemical (allergens, chemicals), Physical (metal, glass, rocks, plastic, etc.)
Defense Free from: Corporate Sabotage, Terrorism, etc. Food Bio-Terrorism, Economically-Motivated Adulteration, Sabotage
Security Free from limited Access, Availability, Free from negative impact on Sustainability, Nutritional, sustainable growth, Access
Authenticity Free from fraud, crime, counterfeit, substitution, etc. Fake food, mislabeled food, Horsemeat Scandal,

Consumer Reputations (Trust in Firm / Product)

REPUTATIONS DEFINITIONS FOOD EXAMPLES OTHER EXAMPLES
Quality Customer preferences, Free of Defect (non-harming) Taste, Smell, Appearance, Texture (Bruises, Dirty, off-color, etc.)
Safety Free of Defect / failure (harming) Contamination: Biological (E.coli, Salmonella, etc.), Chemical (allergens, chemicals), Physical (metal, glass, rocks, plastic, etc.)
Defense Free from: Corporate Sabotage, Terrorism, etc. Food Bio-Terrorism, Economically-Motivated Adulteration, Sabotage
Security Free from limited Access, Availability, Free from negative impact on Sustainability, Nutritional, sustainable growth, Access
Authenticity Free from fraud, crime, counterfeit, substitution, etc. Fake food, mislabeled food, Horsemeat Scandal,

Consumer Reputations (Trust in Firm / Product)

REPUTATIONS DEFINITIONS FOOD EXAMPLES OTHER EXAMPLES
Quality Customer preferences, Free of Defect (non-harming) Taste, Smell, Appearance, Texture (Bruises, Dirty, off-color, etc.)
Safety Free of Defect / failure (harming) Contamination: Biological (E.coli, Salmonella, etc.), Chemical (allergens, chemicals), Physical (metal, glass, rocks, plastic, etc.)
Defense Free from: Corporate Sabotage, Terrorism, etc. Food Bio-Terrorism, Economically-Motivated Adulteration, Sabotage
Security Free from limited Access, Availability, Free from negative impact on Sustainability, Nutritional, sustainable growth, Access
Authenticity Free from fraud, crime, counterfeit, substitution, etc. Fake food, mislabeled food, Horsemeat Scandal,

Consumer Reputations (Trust in Firm / Product)

REPUTATIONS DEFINITIONS FOOD EXAMPLES OTHER EXAMPLES
Quality Customer preferences, Free of Defect (non-harming) Taste, Smell, Appearance, Texture (Bruises, Dirty, off-color, etc.)
Safety Free of Defect / failure (harming) Contamination: Biological (E.coli, Salmonella, etc.), Chemical (allergens, chemicals), Physical (metal, glass, rocks, plastic, etc.)
Defense Free from: Corporate Sabotage, Terrorism, etc. Food Bio-Terrorism, Economically-Motivated Adulteration, Sabotage
Security Free from limited Access, Availability, Free from negative impact on Sustainability, Nutritional, sustainable growth, Access
Authenticity Free from fraud, crime, counterfeit, substitution, etc. Fake food, mislabeled food, Horsemeat Scandal,

Consumer Reputations (Trust in Firm / Product)

REPUTATIONS DEFINITIONS FOOD EXAMPLES OTHER EXAMPLES
Quality Customer preferences, Free of Defect (non-harming) Taste, Smell, Appearance, Texture (Bruises, Dirty, off-color, etc.)
Safety Free of Defect / failure (harming) Contamination: Biological (E.coli, Salmonella, etc.), Chemical (allergens, chemicals), Physical (metal, glass, rocks, plastic, etc.)
Defense Free from: Corporate Sabotage, Terrorism, etc. Food Bio-Terrorism, Economically-Motivated Adulteration, Sabotage
Security Free from limited Access, Availability, Free from negative impact on Sustainability, Nutritional, sustainable growth, Access
Authenticity Free from fraud, crime, counterfeit, substitution, etc. Fake food, mislabeled food, Horsemeat Scandal,

Consumer Reputations (Trust in Firm / Product)

REPUTATIONS DEFINITIONS FOOD EXAMPLES OTHER EXAMPLES
Quality Customer preferences, Free of Defect (non-harming) Taste, Smell, Appearance, Texture (Bruises, Dirty, off-color, etc.)
Safety Free of Defect / failure (harming) Contamination: Biological (E.coli, Salmonella, etc.), Chemical (allergens, chemicals), Physical (metal, glass, rocks, plastic, etc.)
Defense Free from: Corporate Sabotage, Terrorism, etc. Food Bio-Terrorism, Economically-Motivated Adulteration, Sabotage
Security Free from limited Access, Availability, Free from negative impact on Sustainability, Nutritional, sustainable growth, Access
Authenticity Free from fraud, crime, counterfeit, substitution, etc. Fake food, mislabeled food, Horsemeat Scandal,

Consumer Reputations (Trust in Firm / Product)

REPUTATIONS DEFINITIONS FOOD EXAMPLES OTHER EXAMPLES
Quality Customer preferences, Free of Defect (non-harming) Taste, Smell, Appearance, Texture (Bruises, Dirty, off-color, etc.)
Safety Free of Defect / failure (harming) Contamination: Biological (E.coli, Salmonella, etc.), Chemical (allergens, chemicals), Physical (metal, glass, rocks, plastic, etc.)
Defense Free from: Corporate Sabotage, Terrorism, etc. Food Bio-Terrorism, Economically-Motivated Adulteration, Sabotage
Security Free from limited Access, Availability, Free from negative impact on Sustainability, Nutritional, sustainable growth, Access
Authenticity Free from fraud, crime, counterfeit, substitution, etc. Fake food, mislabeled food, Horsemeat Scandal,

Consumer Reputations (Trust in Firm / Product)

THIS WEEK…

ONLINE PARTICIPATION EXPECTATIONS:  1. Introduce Yourself Thread 2. Write a 4-5 sentence justification for focusing on consumer issues as a means of studying economics. 3. Guest Lecture Thread - Guest Lecture Poster Pt. "A"

READING: Chapters 1 & 2 in TEXTBOOK

ASSIGNMENTS:  “Brief Summary of Learning from Week One” Submitted online via Turnitin (Due Sunday, 2/23 by 11:59 PM EST)

THIS WEEK…

WEEK 1

WEEK 2

THIS WEEK…

ONLINE PARTICIPATION EXPECTATIONS:  1. Introduce Yourself Thread 2. Write a 4-5 sentence justification for focusing on consumer issues as a means of studying economics. 3. Guest Lecture Thread - Guest Lecture Poster Pt. "A"

READING: Chapters 1 & 2 in TEXTBOOK

ASSIGNMENTS:  “Brief Summary of Learning from Week One” Submitted online via Turnitin (Due Sunday, 2/23 by 11:59 PM EST)

NEXT WEEK…

Dr. iur. Gabriela Steier, LL.M., Esq

NEXT WEEK…

LAWS

PUBLIC

ADMINISTRATIVE

CONSTITUTIONAL

PRIVATE

CONTRACT

CRIMINAL

INTERNATIONAL

FAMILY

PROPERTY

TORT

NEXT WEEK…

ASSIGNMENTS:  “Law and Economics Paper Number One” Submitted online via Turnitin (Due Sunday, 3/1 by 11:59 PM EST)

End of Lecture Section THREE