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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 ...
In common usage, as in accounting usage, cost typically does not refer to implicit costs and instead only refers to direct monetary costs. The economics term profit relies on the economic meaning of the term for cost. While in common usage, profit refers to earnings minus accounting cost, economists mean earnings minus economic cost or ...
The New Palgrave Dictionary of Economics (2018), 3rd ed., is a twenty-volume reference work on economics published by Palgrave Macmillan.It contains around 3,000 entries, including many classic essays from the original Inglis Palgrave Dictionary, and a significant increase in new entries from the previous editions by the most prominent economists in the field, among them 36 winners of the ...
Description: In this book, Keynes put forward a theory based upon the notion of aggregate demand to explain variations in the overall level of economic activity, such as were observed in the Great Depression. The total income in a society is defined by the sum of consumption and investment; and in a state of unemployment and unused production ...
E. Eat the Rich (book) The Econocracy (book) The Economic Institutions of Capitalism; Economics (Aristotle) The Economics Anti-Textbook; Economics for the Many
Deutsches Rechtswörterbuch (Dictionary of Historical German Legal Terms) Lists of dictionaries cover general and specialized dictionaries, collections of words in one or more specific languages, and collections of terms in specialist fields. They are organized by language, specialty and other properties.
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Edward Elgar Publishing – lists over 200 economics handbooks published from Economics of Defence, Disarmament and Peace, its first volume in 1990, to the present. Other economics handbooks, whether general or specialized, may come from publishers as part of a series beyond extending economics [11] or on ad hoc basis. [12]