Returns to Scale when Production is a Probability

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Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Returns to Scale when Production is a Probability by : Kerk Layne Phillips

Download or read book Returns to Scale when Production is a Probability written by Kerk Layne Phillips and published by . This book was released on 1991 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Returns to scale when production is a probability.Working Paper #665

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Author :
Publisher :
ISBN 13 :
Total Pages : 15 pages
Book Rating : 4.L/5 ( download)

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Book Synopsis Returns to scale when production is a probability.Working Paper #665 by : Kerk L. Phillips

Download or read book Returns to scale when production is a probability.Working Paper #665 written by Kerk L. Phillips and published by . This book was released on 1991 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Returns To Scale

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Author :
Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 270 pages
Book Rating : 4.:/5 (661 download)

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Book Synopsis Returns To Scale by : Fouad Sabry

Download or read book Returns To Scale written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-04 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Returns To Scale In the field of economics, the concept of returns to scale is a concept that emerges within the setting of the production function of a company. It provides an explanation for the long-term relationship between increases in output (production) and accompanying increases in inputs. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Returns to scale Chapter 2: Economies of scale Chapter 3: Growth accounting Chapter 4: Elasticity (economics) Chapter 5: Marginal cost Chapter 6: Cobb-Douglas production function Chapter 7: Production-possibility frontier Chapter 8: Production function Chapter 9: Average cost Chapter 10: Marginal product Chapter 11: Diminishing returns Chapter 12: Isoquant Chapter 13: Output elasticity Chapter 14: Cost curve Chapter 15: Production set Chapter 16: Constant elasticity of substitution Chapter 17: Supply (economics) Chapter 18: Production (economics) Chapter 19: Marginal product of capital Chapter 20: Risk premium Chapter 21: Marginal product of labor (II) Answering the public top questions about returns to scale. (III) Real world examples for the usage of returns to scale 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 Returns To Scale.

Microeconomic Theory

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Publisher : Routledge
ISBN 13 : 0415603692
Total Pages : 1096 pages
Book Rating : 4.4/5 (156 download)

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Book Synopsis Microeconomic Theory by : Michael Eugene Wetzstein

Download or read book Microeconomic Theory written by Michael Eugene Wetzstein and published by Routledge. This book was released on 2013 with total page 1096 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the main concepts of microeconomics to students who have undergone at least one elementary calculus course. It fully integrates graphical and mathematical concepts and offers analytical examples demonstrating numerical solutions. The book has a strong theoretical basis but shows how microeconomics can be brought to bear on the real world. New Features for this edition include: An incorporation of the theory of stock externalities associated with greenhouse gases ; Development of the section on insurance with particular reference to the new US healthcare program ; greater integration of game theoretic concepts throughout the book. The book's style is accessible, but also rigorous. Mathematical examples are provided throughout the book, in particular for key concepts and the result is a balanced approach in terms of prose, graphics, and mathematics.

Microeconomic Theory second edition

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Publisher : Routledge
ISBN 13 : 1136226656
Total Pages : 1096 pages
Book Rating : 4.1/5 (362 download)

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Book Synopsis Microeconomic Theory second edition by : Michael E. Wetzstein

Download or read book Microeconomic Theory second edition written by Michael E. Wetzstein and published by Routledge. This book was released on 2013-01-17 with total page 1096 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the main concepts of microeconomics to upper division undergraduate students or first year graduate students who have undergone at least one elementary calculus course. The book fully integrates graphical and mathematical concepts and offers over 150 analytical examples demonstrating numerical solutions. The book has a strong theoretical basis but shows how microeconomics can be brought to bear on the real world. New Features for this edition include: an incorporation of the theory of stock externalities associated with greenhouse gases development of the section on insurance with particular reference to the new US healthcare program greater integration of game theoretic concepts throughout the book. The book’s style is accessible, but also rigorous. Mathematical examples are provided throughout the book, in particular for key concepts and the result is a balanced approach in terms of prose, graphics, and mathematics.

The Economics of Microfinance

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Publisher : MIT Press
ISBN 13 : 0262512017
Total Pages : 361 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Economics of Microfinance by : Beatriz Armendariz

Download or read book The Economics of Microfinance written by Beatriz Armendariz and published by MIT Press. This book was released on 2007 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: An assessment of "the microfinance revolution" from an economics perspective that draws on lessons from academia and international practice to challenge conventional assumptions.

The roles of agroclimatic similarity and returns on scale in the demand for mechanization: Insights from northern Nigeria

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Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 47 pages
Book Rating : 4./5 ( download)

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Book Synopsis The roles of agroclimatic similarity and returns on scale in the demand for mechanization: Insights from northern Nigeria by : Takeshima, Hiroyuki

Download or read book The roles of agroclimatic similarity and returns on scale in the demand for mechanization: Insights from northern Nigeria written by Takeshima, Hiroyuki and published by Intl Food Policy Res Inst. This book was released on 2018-12-21 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using farm household data from northern Nigeria as well as various spatial agroclimatic data, this study shows that the adoption of key mechanical technologies in Nigerian agriculture (animal traction, tractors, or both) has been high in areas that are more agroclimatically similar to the locations of agricultural research and development (R&D) stations, and this effect is heterogeneous, being particularly strong among relatively larger farms. Furthermore, such effects are likely to have been driven by the rise in returns on scale in the underlying production function caused by the adoption of these mechanical technologies. Agricultural mechanization, represented here as the switch from manual labor to animal traction and tractors, has been not only raising the average return on scale but also potentially magnifying the effects of productivity-enhancing public-sector R&D on spatial variations in agricultural productivity in countries like Nigeria.

The Economics of Microfinance, second edition

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Publisher : MIT Press
ISBN 13 : 0262265516
Total Pages : 361 pages
Book Rating : 4.2/5 (622 download)

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Book Synopsis The Economics of Microfinance, second edition by : Beatriz Armendariz

Download or read book The Economics of Microfinance, second edition written by Beatriz Armendariz and published by MIT Press. This book was released on 2010-04-23 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible analysis of the global expansion of financial markets in poor communities, incorporating the latest thinking and evidence. The microfinance revolution has allowed more than 150 million poor people around the world to receive small loans without collateral, build up assets, and buy insurance. The idea that providing access to reliable and affordable financial services can have powerful economic and social effects has captured the imagination of policymakers, activists, bankers, and researchers around the world; the 2006 Nobel Peace Prize went to microfinance pioneer Muhammed Yunis and Grameen Bank of Bangladesh. This book offers an accessible and engaging analysis of the global expansion of financial markets in poor communities. It introduces readers to the key ideas driving microfinance, integrating theory with empirical data and addressing a range of issues, including savings and insurance, the role of women, impact measurement, and management incentives. This second edition has been updated throughout to reflect the latest data. A new chapter on commercialization describes the rapid growth in investment in microfinance institutions and the tensions inherent in the efforts to meet both social and financial objectives. The chapters on credit contracts, savings and insurance, and gender have been expanded substantially; a new section in the chapter on impact measurement describes the growing importance of randomized controlled trials; and the chapter on managing microfinance offers a new perspective on governance issues in transforming institutions. Appendixes and problem sets cover technical material.

Trading Blocs

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Publisher : University of Michigan Press
ISBN 13 : 047202289X
Total Pages : 327 pages
Book Rating : 4.4/5 (72 download)

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Book Synopsis Trading Blocs by : Kerry A. Chase

Download or read book Trading Blocs written by Kerry A. Chase and published by University of Michigan Press. This book was released on 2009-09-08 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global commerce is rapidly organizing around regional trading blocs in North America, Western Europe, Pacific Asia, and elsewhere--with potentially dangerous consequences for the world trading system. Professor Kerry Chase examines how domestic politics has driven the emergence of these trading blocs, arguing that businesses today are more favorably inclined to global trade liberalization than in the past because recent regional trading arrangements have created opportunities to restructure manufacturing more efficiently. Trading Blocs is the first book to systematically demonstrate the theoretical significance of economies of scale in domestic pressure for trading blocs, and thereby build on a growing research agenda in areas of political economy and domestic politics. "Chase has written a superb book that provides us with an innovative and compelling explanation for the development of trading blocs." --Vinod Aggarwal, Director, Berkeley APEC Study Center, University of California, Berkeley Kerry A. Chase is Assistant Professor of Political Science at Tufts University.

Advanced Microeconomic Theory

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Publisher : MIT Press
ISBN 13 : 026234209X
Total Pages : 892 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis Advanced Microeconomic Theory by : Felix Munoz-Garcia

Download or read book Advanced Microeconomic Theory written by Felix Munoz-Garcia and published by MIT Press. This book was released on 2017-08-11 with total page 892 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to advanced topics in microeconomics that emphasizes the intuition behind assumptions and results, providing examples that show how to apply theory to practice. This textbook offers an introduction to advanced microeconomic theory that emphasizes the intuition behind mathematical assumptions, providing step-by-step examples that show how to apply theoretical models. It covers standard topics such as preference relations, demand theory and applications, producer theory, choice under uncertainty, partial and general equilibrium, monopoly, game theory and imperfect competition, externalities and public goods, and contract theory; but its intuitive and application-oriented approach provides students with a bridge to more technical topics. The book can be used by advanced undergraduates as well as Masters students in economics, finance, and public policy, and by PhD students in programs with an applied focus. The text connects each topic with recent findings in behavioral and experimental economics, and discusses these results in context, within the appropriate chapter. Step-by-step examples appear immediately after the main theoretical findings, and end-of chapter exercises help students understand how to approach similar exercises on their own. An appendix reviews basic mathematical concepts. A separate workbook, Practice Exercises for Advanced Microeconomic Theory, offers solutions to selected problems with detailed explanations. The textbook and workbook together help students improve both their theoretical and practical preparation in advanced microeconomics.

Economic Transformations

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Publisher : OUP Oxford
ISBN 13 : 9780191558092
Total Pages : 636 pages
Book Rating : 4.5/5 (58 download)

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Book Synopsis Economic Transformations by : Richard G. Lipsey

Download or read book Economic Transformations written by Richard G. Lipsey and published by OUP Oxford. This book was released on 2005-11-03 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the long term economic growth that has raised the West's material living standards to levels undreamed of by counterparts in any previous time or place. The authors argue that this growth has been driven by technological revolutions that have periodically transformed the West's economic, social and political landscape over the last 10,000 years and allowed the West to become, until recently, the world's only dominant technological force. Unique in the diversity of the analytical techniques used, the book begins with a discussion of the causes and consequences of economic growth and technological change. The authors argue that long term economic growth is largely driven by pervasive technologies now known as General Purpose (GPTs). They establish an alternative to the standard growth models that use an aggregate production function and then introduce the concept of GPTs, complete with a study of how these technologies have transformed the West since the Neolithic Agricultural Revolution. Early modern science is given more importance than in most other treatments and the 19th century demographic revolution is studied with a combination of formal models of population dynamics and historical analysis. The authors argue that once sustained growth was established in the West, formal models can shed much light on its subsequent behaviour. They build non-conventional, dynamic, non-stationary equilibrium models of GPT-driven growth that incorporate a range of phenomena that their historical studies show to be important but which are excluded from other GPT models in the interests of analytical tractability. The book concludes with a study of the policy implications that follow from their unique approach.

Trends in Mathematical Economics

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Publisher : Springer
ISBN 13 : 3319325434
Total Pages : 384 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis Trends in Mathematical Economics by : Alberto A. Pinto

Download or read book Trends in Mathematical Economics written by Alberto A. Pinto and published by Springer. This book was released on 2016-07-30 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers carefully selected works in Mathematical Economics, on myriad topics including General Equilibrium, Game Theory, Economic Growth, Welfare, Social Choice Theory, Finance. It sheds light on the ongoing discussions that have brought together leading researchers from Latin America and Southern Europe at recent conferences in venues like Porto, Portugal; Athens, Greece; and Guanajuato, Mexico. With this volume, the editors not only contribute to the advancement of research in these areas, but also inspire other scholars around the globe to collaborate and research these vibrant, emerging topics.

Principles of Economics and Management for Manufacturing Engineering

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Publisher : Butterworth-Heinemann
ISBN 13 : 0323998631
Total Pages : 332 pages
Book Rating : 4.3/5 (239 download)

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Book Synopsis Principles of Economics and Management for Manufacturing Engineering by : D.R. Kiran

Download or read book Principles of Economics and Management for Manufacturing Engineering written by D.R. Kiran and published by Butterworth-Heinemann. This book was released on 2022-01-14 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Principles of Economics and Management for Manufacturing Engineering combines key engineering economics principles and applications in one easy to use reference. Engineers, including design, mechanical, and manufacturing engineers are frequently involved in economics-related decisions, whether directly when selecting materials or indirectly when managers make order quantity decisions based on their work. Having a knowledge of the management and economic activities that touch on engineering work is a core part of most foundational engineering qualifications and becomes even more important in industry. Covering a wide range of management and economic topics from the point-of-view of an engineer in industry, this reference provides everything needed to understand the commercial context of engineering work. Covers the full range of basic economic concepts as well as engineering economics topics Includes end of chapter questions and chapter summaries that make this an ideal self-study resource Provides step-by-step instructions for cost accounting for engineers

Cost Estimation and Cost Variability in Residential Rehabilitation

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Publisher :
ISBN 13 :
Total Pages : 124 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Cost Estimation and Cost Variability in Residential Rehabilitation by : Robert E. Chapman

Download or read book Cost Estimation and Cost Variability in Residential Rehabilitation written by Robert E. Chapman and published by . This book was released on 1980 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

NBS Building Science Series

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Publisher :
ISBN 13 :
Total Pages : 736 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis NBS Building Science Series by :

Download or read book NBS Building Science Series written by and published by . This book was released on 1974 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Theoretical Foundations of Macroeconomic Policy

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Publisher : Routledge
ISBN 13 : 1317239407
Total Pages : 213 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis Theoretical Foundations of Macroeconomic Policy by : Giovanni Di Bartolomeo

Download or read book Theoretical Foundations of Macroeconomic Policy written by Giovanni Di Bartolomeo and published by Routledge. This book was released on 2016-07-15 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent economic events driven by the great financial crisis of 2007-08 has challenged some "dogma", highlighting various limits and drawbacks of current paradigms. The crisis showed the limitations of monetary policy and led to a revaluation of what levels of public debt can be considered safe. This volume aims to refresh the debate on some important long-run macroeconomic issues from new and fresh perspectives. Theoretical Foundations of Macroeconomic Policy raises a number of questions relating to the challenges faced by macroeconomic theory and policies. The common line is the long run and policy perspective. The first part of the book is devoted to the theory of growth and productivity. The second part concentrates on long-run effects of fiscal and monetary policy. Specifically, topics investigated by the international range of authors are the theory of optimal growth, the productivity policies and production function estimations, demand- vs. supply- driven growth, optimal debt default and the incompleteness of financial markets, the long-run optimal inflation target and its relationship with public finance, the long term effects of government budget constraints on growth, and effect on optimal policies in non-market clearing environment. The book will be of interest to postgraduates, researchers, and academics studying macroeconomics and fiscal policies.

Capital in Economic Theory

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Publisher : Aldershot, England : E. Elgar
ISBN 13 :
Total Pages : 522 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Capital in Economic Theory by : Syed Ahmad

Download or read book Capital in Economic Theory written by Syed Ahmad and published by Aldershot, England : E. Elgar. This book was released on 1991 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: This major book presents a comprehensive treatment of modern capital theory. It brings together in a balanced and systematic way, the various approaches to capital theory which have emerged or re-emerged in the most recent controversies on the subject. The book focuses on the main approaches namely simple neoclassical, neo-Austrian, Cambridge and disaggregative intertemporal. In conclusion, the book introduces and applies chaos theory with an assessment of its potential for the future development of the subject.