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The concept of productive matrix was developed by the economist Wassily Leontief (Nobel Prize in Economics in 1973) in order to model and analyze the relations between the different sectors of an economy. [1] The interdependency linkages between the latter can be examined by the input-output model with empirical data.
The Classical orders of columns are defined by 5 types of columns: Greek Doric order; Ionic order; Corinthian order; Roman Tuscan order; Composite order;
The Composite order is a mixed order, combining the volutes of the Ionic with the leaves of the Corinthian order. Until the Renaissance it was not ranked as a separate order. Instead it was considered as a late Roman form of the Corinthian order. The column of the Composite order is typically ten diameters high.
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
A social accounting matrix (SAM) represents flows of all economic transactions that take place within an economy (regional or national).It is at the core, a matrix representation of the national accounts for a given country, but can be extended to include non-national accounting flows, and created for whole regions or area.
There are two lesser orders: the Tuscan (a plainer Doric), and the rich variant of Corinthian called the composite order. Of the three classical canonic orders, the Corinthian order has the narrowest columns, followed by the Ionic order, with the Doric order having the widest columns. The Ionic capital is characterized by the use of volutes.
There are three ways of partitioning the items into one singleton set and one group of two tied items, and each of these partitions gives two weak orders (one in which the singleton is smaller than the group of two, and one in which this ordering is reversed), giving six weak orders of this type. And there is a single way of partitioning the ...
An economic system, or economic order, [1] is a system of production, resource allocation and distribution of goods and services within a society. It includes the combination of the various institutions , agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community.