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Output (economics)

Index Output (economics)

Output in economics is the "quantity of goods or services produced in a given time period, by a firm, industry, or country", whether consumed or used for further production. [1]

27 relations: Alan Deardorff, Business, Cost-of-production theory of value, David A. Moss, Economics, Economics (textbook), Factors of production, Goods, Gross domestic product, Gross output, List of countries by GDP sector composition, Macroeconomics, Measurement, Measures of national income and output, Money, Net output, Outline of industrial organization, Outline of production, Paul Samuelson, Price, Prices of production, Pricing strategies, Production (economics), Production–possibility frontier, Service (economics), Social metabolism, William Nordhaus.

Alan Deardorff

Alan V. Deardorff (born 1944) is the John W. Sweetland Professor of International Economics and a Professor of Economics and Public Policy at the University of Michigan Gerald R. Ford School of Public Policy, Ann Arbor.

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Business

Business is the activity of making one's living or making money by producing or buying and selling products (goods and services).

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Cost-of-production theory of value

In economics, the cost-of-production theory of value is the theory that the price of an object or condition is determined by the sum of the cost of the resources that went into making it.

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David A. Moss

David A. Moss (born October 23, 1964), is a writer and professor at the Harvard Business School of the Harvard University in Cambridge, Massachusetts, United States.

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Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services.

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Economics (textbook)

Economics is an introductory textbook by American economists Paul Samuelson and William Nordhaus.

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Factors of production

In economics, factors of production, resources, or inputs are which is used in the production process to produce output—that is, finished goods and services.

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Goods

In economics, goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product.

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Gross domestic product

Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly) of time.

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Gross output

In economics, gross output (GO) is the measure of total economic activity in the production of new goods and services in an accounting period.

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List of countries by GDP sector composition

This is a list of countries by gross domestic product (GDP) sector composition.

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Macroeconomics

Macroeconomics (from the Greek prefix makro- meaning "large" and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole.

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Measurement

Measurement is the assignment of a number to a characteristic of an object or event, which can be compared with other objects or events.

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Measures of national income and output

A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), gross national product (GNP), net national income (NNI), and adjusted national income also called as NNI at factor cost (NNI* adjusted for natural resource depletion).

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Money

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context.

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Net output

Net output is an accounting concept used in national accounts such as the United Nations System of National Accounts (UNSNA) and the NIPAs, and sometimes in corporate or government accounts.

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Outline of industrial organization

The following outline is provided as an overview of and topical guide to industrial organization: Industrial organization – describes the behavior of firms in the marketplace with regard to production, pricing, employment and other decisions.

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Outline of production

The following outline is provided as an overview of and topical guide to production: Production – act of creating 'use' value or 'utility' that can satisfy a want or need.

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Paul Samuelson

Paul Anthony Samuelson (15 May 1915 – 13 December 2009) was an American economist and the first American to win the Nobel Memorial Prize in Economic Sciences.

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Price

In ordinary usage, a price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services.

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Prices of production

Prices of production (or "production prices"; in German Produktionspreise) is a concept in Karl Marx's critique of political economy, defined as "cost-price + average profit".

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Pricing strategies

A business can use a variety of pricing strategies when selling a product or service.

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Production (economics)

Production is a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (the output).

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Production–possibility frontier

A production–possibility frontier (PPF) or production possibility curve (PPC) is the possible tradeoff of producing combinations of goods with constant technology and resources per unit time.

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Service (economics)

In economics, a service is a transaction in which no physical goods are transferred from the seller to the buyer.

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Social metabolism

Social metabolism or socioeconomic metabolism is the set of flows of materials and energy that occur between Nature and society, between different societies, and within societies.

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William Nordhaus

William Dawbney "Bill" Nordhaus (born May 31, 1941) is an economist and Sterling Professor of Economics at Yale University, best known for his work in economic modeling and climate change.

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Redirects here:

Economic output, Netput.

References

[1] https://en.wikipedia.org/wiki/Output_(economics)

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