What is Economic Production
The process of production involves bringing together a number of different inputs, which can be either material or immaterial, in order to create output. In a perfect world, this output will be some kind of valuable good or service that contributes in some way to the overall utility of individual people. The theory of economics that is concerned with production is referred to as production theory, and it is closely connected to the theory of economics that is concerned with consumption.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Production (economics)
Chapter 2: Growth accounting
Chapter 3: Microeconomics
Chapter 4: Capital intensity
Chapter 5: Production function
Chapter 6: Productivity
Chapter 7: Output in economics
Chapter 8: Capital accumulation
Chapter 9: Total factor productivity
Chapter 10: Surplus product
Chapter 11: Prices of production
Chapter 12: Net output
Chapter 13: Productivity model
Chapter 14: Measurement in economics
Chapter 15: Factor market
Chapter 16: Technological theory of social production
Chapter 17: Fei-Ranis model of economic growth
Chapter 18: Cambridge capital controversy
Chapter 19: Socially necessary labour time
Chapter 20: Surplus value
Chapter 21: Macroeconomics
(II) Answering the public top questions about economic production.
(III) Real world examples for the usage of economic production in many fields.
(IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of economic production
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of economic production.