Giffen goods

简明释义

吉芬物品

英英释义

例句

1.If rice prices go up and poor families buy more rice instead of other foods, rice can be classified as Giffen goods (吉芬商品).

如果大米价格上涨，而贫困家庭反而购买更多的大米而不是其他食物，那么大米可以被归类为Giffen goods（吉芬商品）。

2.The concept of Giffen goods (吉芬商品) is important for understanding consumer behavior in low-income markets.

理解低收入市场中的消费者行为时，Giffen goods（吉芬商品）的概念非常重要。

3.Economists often use Giffen goods (吉芬商品) to illustrate how demand can behave contrary to the law of demand.

经济学家常常用Giffen goods（吉芬商品）来说明需求如何表现得与需求法则相反。

4.In some regions, when the price of potatoes rises, people may buy more potatoes, making them Giffen goods (吉芬商品).

在某些地区，当土豆价格上涨时，人们可能会购买更多的土豆，这使它们成为Giffen goods（吉芬商品）。

5.During the economic crisis, many people started buying more bread, which is considered a classic example of Giffen goods (吉芬商品) because as the price increased, their consumption also rose.

在经济危机期间，许多人开始购买更多的面包，这被认为是经典的Giffen goods（吉芬商品）的例子，因为随着价格的上涨，他们的消费也增加了。

作文

In the realm of economics, certain concepts challenge our intuitive understanding of consumer behavior. One such concept is Giffen goods, which defy the basic law of demand. Typically, when the price of a good rises, the quantity demanded falls, and vice versa. However, Giffen goods represent an exception to this rule. These are inferior goods that experience an increase in demand as their prices rise. This phenomenon can be attributed to the income effect outweighing the substitution effect. To better understand this concept, let’s explore the characteristics and implications of Giffen goods in greater detail.To illustrate the idea of Giffen goods, consider the example of staple foods such as bread or rice in a low-income community. Suppose the price of bread increases. For many consumers in this community, bread is a primary source of sustenance. As the price goes up, these consumers may find themselves with less disposable income. Consequently, they may have to cut back on more expensive alternatives, such as meat or vegetables, leading them to purchase even more bread to meet their caloric needs. Thus, despite the rising price, the quantity demanded for bread increases, exemplifying the nature of Giffen goods.The concept of Giffen goods raises important questions about market dynamics and consumer behavior. It challenges the conventional wisdom that higher prices always lead to lower demand. In reality, the relationship between price and demand can be influenced by various factors, including income levels and consumer preferences. Understanding Giffen goods allows economists to analyze situations where traditional economic theories may not apply.Moreover, Giffen goods highlight the complexity of poverty and consumption patterns. In many cases, low-income households rely heavily on inexpensive staple goods. When the prices of these goods rise, their purchasing power diminishes, forcing them to make difficult choices. This situation underscores the importance of considering the broader socio-economic context when analyzing consumer behavior. It also emphasizes the need for policies that address the underlying issues of poverty and food security.Critics of the Giffen goods theory argue that real-world examples are scarce and that the conditions necessary for such goods to exist are quite specific. They contend that while the theory is intriguing, it may not have significant practical implications. However, the existence of Giffen goods serves as a valuable reminder that economic principles are not always straightforward. The interplay between price, demand, and consumer behavior can lead to unexpected outcomes.In conclusion, Giffen goods present a fascinating case study in the field of economics. They challenge our understanding of demand and highlight the complexities of consumer behavior, particularly in low-income contexts. By examining Giffen goods, we gain insights into the ways in which price changes can affect consumption patterns and the importance of considering socio-economic factors in economic analysis. As we continue to explore the intricacies of human behavior in the marketplace, the concept of Giffen goods will undoubtedly remain a topic of interest and debate among economists and policymakers alike.

在经济学领域，某些概念挑战着我们对消费者行为的直观理解。其中一个概念是吉芬商品，它违背了基本的需求法则。通常，当商品价格上涨时，需求量会下降，反之亦然。然而，吉芬商品代表了这一规则的例外。这些是劣质商品，当其价格上涨时，需求却增加。这一现象可以归因于收入效应超过替代效应。为了更好地理解这一概念，让我们更详细地探讨吉芬商品的特征和影响。为了说明吉芬商品的概念，可以考虑低收入社区中的主食，例如面包或大米。假设面包的价格上涨。对于这个社区的许多消费者来说，面包是主要的生存来源。当价格上涨时，这些消费者可能发现自己可支配收入减少。因此，他们可能不得不削减更昂贵的替代品，如肉类或蔬菜，从而导致他们购买更多的面包以满足卡路里需求。因此，尽管价格上涨，但面包的需求量却增加，体现了吉芬商品的特性。吉芬商品的概念引发了关于市场动态和消费者行为的重要问题。它挑战了传统的智慧，即价格上涨总是导致需求下降。实际上，价格与需求之间的关系可能会受到各种因素的影响，包括收入水平和消费者偏好。理解吉芬商品使经济学家能够分析传统经济理论可能不适用的情况。此外，吉芬商品突显了贫困和消费模式的复杂性。在许多情况下，低收入家庭严重依赖廉价的主食。当这些商品的价格上涨时，他们的购买力下降，迫使他们做出艰难的选择。这种情况强调了在分析消费者行为时考虑更广泛的社会经济背景的重要性。它还强调了制定解决贫困和粮食安全根本问题的政策的必要性。批评吉芬商品理论的人认为，现实世界中的例子稀少，并且存在这种商品所需的条件相当具体。他们认为，虽然该理论引人入胜，但可能没有显著的实际意义。然而，吉芬商品的存在提醒我们，经济原则并不总是简单明了。价格、需求和消费者行为之间的相互作用可能导致意想不到的结果。总之，吉芬商品在经济学领域提供了一个引人入胜的案例研究。它们挑战了我们对需求的理解，并突显了消费者行为的复杂性，尤其是在低收入环境中。通过研究吉芬商品，我们获得了对价格变化如何影响消费模式的见解，以及在经济分析中考虑社会经济因素的重要性。随着我们继续探索市场上人类行为的复杂性，吉芬商品的概念无疑将继续成为经济学家和政策制定者之间感兴趣和辩论的话题。