introduction to economics

  • 71distribution theory — ▪ economics Introduction       in economics, the systematic attempt to account for the sharing of the national income among the owners of the factors of production land, labour, and capital. Traditionally, economists have studied how the costs of …

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  • 72utility and value — ▪ economics Introduction       in economics, the determination of the prices of goods and services.       The modern industrial economy is characterized by a high degree of interdependence of its parts. The supplier of components or raw materials …

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  • 73production, theory of — ▪ economics Introduction       in economics, an effort to explain the principles by which a business firm decides how much of each commodity that it sells (its “outputs” or “products”) it will produce, and how much of each kind of labour, raw… …

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  • 74Bibliographie en sociologie économique — Sommaire 1 Ouvrages 2 Publications dans des revues 3 Compléments 3.1 Articles connexes …

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  • 75Bibliographie En Sociologie Économique — Sommaire 1 Ouvrages 2 Publications dans des revues 3 Bibliographie en ligne 4 Articles connexes …

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  • 76Bibliographie en sociologie economique — Bibliographie en sociologie économique Sommaire 1 Ouvrages 2 Publications dans des revues 3 Bibliographie en ligne 4 Articles connexes …

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  • 77Free trade — Not to be confused with Free market. World trade A series on Trade …

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  • 78The Wealth of Nations — An Inquiry into the Nature and Causes of the Wealth of Nations is the magnum opus of the Scottish economist Adam Smith. It is a clearly written account of economics at the dawn of the Industrial Revolution, as well as a rhetorical piece written… …

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  • 79government budget — Forecast of governmental expenditures and revenues for the ensuing fiscal year. In modern industrial economies, the budget is the key instrument for the execution of government economic policies. Because government budgets may promote or retard… …

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  • 80Sunk costs — In economics and business decision making, sunk costs are retrospective (past) costs that have already been incurred and cannot be recovered. Sunk costs are sometimes contrasted with prospective costs, which are future costs that may be incurred… …

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