An economic term to describe the inputs that are used in the production of goods or services in the attempt to make an economic profit. The factors of production include land, labor, capital and entrepreneurship
Macro Economics
For downloading this contact- bikashkumar.bk100@gmail.com
Prepared by Students of University of Rajshahi
MD: ANISUR RAHMAN
FARHANA AKTER
MD: HASANUZZAMAN
RIFATULLAH
RIMA AKTER
Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services.
An economic term to describe the inputs that are used in the production of goods or services in the attempt to make an economic profit. The factors of production include land, labor, capital and entrepreneurship
Macro Economics
For downloading this contact- bikashkumar.bk100@gmail.com
Prepared by Students of University of Rajshahi
MD: ANISUR RAHMAN
FARHANA AKTER
MD: HASANUZZAMAN
RIFATULLAH
RIMA AKTER
Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services.
Lecture slides for an undergraduate course on Basic Macroeconomics that I taught in the Fall of 2007.
This lecture goes over the difference between real and nominal GDP.
Macro Economics
For downloading this contact- bikashkumar.bk100@gmail.com
Prepared by Students of University of Rajshahi
1)Musthakim Ahmed
2)Yousuf chowdrary
3)SK Reazul Islam
4) Aysha Akter
5) Sanjida Afrin kuheli
6) Thamanna Akter
Isoquants, MRTS, Concept of Total Product, Average & Marginal Product, Short Run and Long Run analysis of production, The Law of Variable proportion, Returns to scale,
Production Cost – Concept of Cost, Classification of Short run cost – Long run cost,
The modern theory of rent is an amplified and modified version of the Ricardian theory of Rent. It was first of all discussed by J.S. Mill and after that developed by economists like Jevons, Pareto, Marshall, Joan Robinson etc.
According to modern theory, economic rent is a surplus which is not peculiar to land alone. It can be a part of the income of labour, capital, entrepreneur.
According to the modern version, rent is a surplus which arises due to the difference between actual earning and transfer earning.
Lecture slides for an undergraduate course on Basic Macroeconomics that I taught in the Fall of 2007.
This lecture goes over the difference between real and nominal GDP.
Macro Economics
For downloading this contact- bikashkumar.bk100@gmail.com
Prepared by Students of University of Rajshahi
1)Musthakim Ahmed
2)Yousuf chowdrary
3)SK Reazul Islam
4) Aysha Akter
5) Sanjida Afrin kuheli
6) Thamanna Akter
Isoquants, MRTS, Concept of Total Product, Average & Marginal Product, Short Run and Long Run analysis of production, The Law of Variable proportion, Returns to scale,
Production Cost – Concept of Cost, Classification of Short run cost – Long run cost,
The modern theory of rent is an amplified and modified version of the Ricardian theory of Rent. It was first of all discussed by J.S. Mill and after that developed by economists like Jevons, Pareto, Marshall, Joan Robinson etc.
According to modern theory, economic rent is a surplus which is not peculiar to land alone. It can be a part of the income of labour, capital, entrepreneur.
According to the modern version, rent is a surplus which arises due to the difference between actual earning and transfer earning.
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তাই একজন নাগরিক হিসাবে এই তথ্য গুলো আপনার জানা প্রয়োজন ...।
বিসিএস ও ব্যাংক এর লিখিত পরীক্ষা ...+এছাড়া মাধ্যমিক ও উচ্চমাধ্যমিকের স্টুডেন্টদের জন্য অনেক কাজে আসবে ...
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...NelTorrente
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This presentation includes basic of PCOS their pathology and treatment and also Ayurveda correlation of PCOS and Ayurvedic line of treatment mentioned in classics.
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Antifertility, Toxicity studies as per OECD guidelines
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
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Delivering Micro-Credentials in Technical and Vocational Education and TrainingAG2 Design
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How to Add Chatter in the odoo 17 ERP ModuleCeline George
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Odoo provides an option for creating a module by using a single line command. By using this command the user can make a whole structure of a module. It is very easy for a beginner to make a module. There is no need to make each file manually. This slide will show how to create a module using the scaffold method.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
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5. CONCEPT OF PRODUCTION
Production is defined as the process of
converting the input (raw material) into
output. Production may be an activity
that generate income.
6.
7. LAND
Land is that factor of production which is
available to us as a free gift of nature. It
not include not only the soil but also other
free gift of nature ( like forest, water,
natural resources etc.)
8. CHARACTERISTICS OF LAND
Free gift of nature.
Limited in supply.
Differ in variety.
Immobile.
Passive factor of
production.
Alternative uses.
Indestructible.
9. LABOUR
Labour is the human factor of
production and include all the physical
and mental activities which are
required in the process of factor of
production.
10. CHARACTERISTICS OF LABOUR
Human factor.
Active factor.
Cannot be separated from
labourer.
Perishable.
Labourers sell his labour
not himself.
Difference in efficiency.
Mobile.
Weak bargaining power.
More wages less work.