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In economics, output is the quantity and quality of goods or services produced in a given time period, within a given economic network, whether consumed or used for further production. The economic network may be a firm, industry, or nation. The concept of national output is essential in the field of macroeconomics. It is national output that makes a country rich, not large amounts of money.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Output (economics)
Chapter 2: Measures of national income and output
Chapter 3: Comparative advantage
Chapter 4: Profit maximization
Chapter 5: Elasticity (economics)
Chapter 6: Consumer choice
Chapter 7: Budget constraint
Chapter 8: Aggregate demand
Chapter 9: Production function
Chapter 10: Consumption (economics)
Chapter 11: Law of demand
Chapter 12: Marginal product
Chapter 13: Value added
Chapter 14: Input-output model
Chapter 15: Twin deficits hypothesis
Chapter 16: Supply (economics)
Chapter 17: Okishio's theorem
Chapter 18: Production (economics)
Chapter 19: Marginal product of labor
Chapter 20: Environmentally extended input-output analysis
Chapter 21: Parable of the broken window
(II) Answering the public top questions about output economics.
(III) Real world examples for the usage of output economics in many fields.
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 Output Economics.
