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.