WebPost-scarcity is a theoretical economic situation in which most goods can be produced in great abundance with minimal human labor needed, so that they become available to all very cheaply or even freely.. Post-scarcity does not mean that scarcity has been eliminated for all goods and services, but that all people can easily have their basic survival needs …

WebThe price index is applied to adjust the nominal value of a quantity, such as wages or total production, to obtain its real value. The real value is the value expressed in terms of purchasing power in the base year.. The index price divided by its base-year value / gives the growth factor of the price index.. Real values can be found by dividing the nominal …

WebDemographic economics or population economics is the application of economic analysis to demography, the study of human populations, including size, growth, density, distribution, and vital statistics.. Aspects. Aspects of the subject include marriage and fertility; the family; divorce; morbidity and life expectancy/mortality; dependency ratios; migration; population …

WebEconomics (/ ˌ ɛ k ə ˈ n ɒ m ɪ k s, ˌ iː k ə-/) is the social science that studies the production, distribution, and consumption of goods and services.. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and …

WebPolitical economy is the study of how economic systems (e.g. markets and national economies) and political systems (e.g. law, institutions, government) are linked. Widely studied phenomena within the discipline are systems such as labour markets and financial markets, as well as phenomena such as growth, distribution, inequality, and trade, and …

WebIn economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange.While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services (including labour power) to buyers in exchange for money.It can be said that a market is …

WebLaw and economics, or economic analysis of law, is the application of microeconomic theory to the analysis of law, which emerged primarily from scholars of the Chicago school of economics. Economic concepts are used to explain the effects of laws, to assess which legal rules are economically efficient, and to predict which legal rules will be promulgated.

WebTalouskasvu on talouden tuottamien tavaroiden ja palvelujen tuotantomäärän lisääntymistä. Sitä mitataan valtiotasolla tavallisesti reaalisen bruttokansantuotteen (BKT) määrän prosenttimuutoksella (volyymi-indeksi). "Reaalinen" tarkoittaa todellista tuotannon arvon kasvua, eli sitä, että hintojen nousun eli siitä on poistettu inflaation vaikutus.

WebAgricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products. Agricultural economics began as a branch of economics that specifically dealt with land usage.It focused on maximizing the crop yield while maintaining a good soil ecosystem. ...

WebPhilosophy, politics and economics, or politics, philosophy and economics (PPE), is an interdisciplinary undergraduate or postgraduate degree which combines study from three disciplines. The first institution to offer degrees in PPE was the University of Oxford in the 1920s.. This particular course has produced a significant number of notable graduates …