WebOil shale economics deals with the economic feasibility of oil shale extraction and processing.Although usually oil shale economics is understood as shale oil extraction economics, the wider approach evaluates usage of oil shale as whole, including for the oil-shale-fired power generation and production of by-products during retorting or shale oil …

WebIn economics, distribution is the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labour, land, and capital). In general theory and in for example the U.S. National Income and Product Accounts, each unit of output corresponds to a unit of income.One use of national accounts is for classifying …

WebConsumption is the act of using resources to satisfy current needs and wants. It is seen in contrast to investing, which is spending for acquisition of future income. Consumption is a major concept in economics and is also studied in many other social sciences.. Different schools of economists define consumption differently. According to mainstream …

WebIn economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a given year.". A typical example is the machinery used in …

WebReturns, in economics and political economy, are the distributions or payments awarded to the various suppliers of a good or service Wages. Wages are the return to labor—the return to an individual's involvement (mental or physical) in the creation or realization of goods or services. Wages are realized by an individual supplier of labor even if the supplier is the …

WebIn macroeconomics, the money supply (or money stock) refers to the total volume of currency held by the public at a particular point in time.There are several ways to define "money", but standard measures usually include currency in circulation (i.e. physical cash) and demand deposits (depositors' easily accessed assets on the books of financial …

WebPIGS is a derogatory acronym that has been used to designate the economies of the Southern European countries of Portugal, Italy, Greece, and Spain. During the European debt crisis of 2009-2014 the variant PIIGS, or GIPSI, was coined to include Ireland.At the time these five EU member states were struggling to refinance their government debt or …

WebPhilosophy and economics studies topics such as public economics, behavioural economics, rationality, justice, history of economic thought, rational choice, the appraisal of economic outcomes, institutions and processes, the status of highly idealized economic models, the ontology of economic phenomena and the possibilities of acquiring …

WebThe New Economics Foundation (NEF) is a British think-tank that promotes "social, economic and environmental justice". NEF was founded in 1986 by the leaders of The Other Economic Summit (TOES) with the aim of working for a "new model of wealth creation, based on equality, diversity and economic stability". The foundation has 50 staff in …

WebReal estate economics is the application of economic techniques to real estate markets.It tries to describe, explain, and predict patterns of prices, supply, and demand.The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business and …