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| capital resources economics definition: Capital Resources and the Economy Jennifer Overend Prior, 2014-07-25 Introduce students to fundamental economic concepts and help them understand financial literacy with this book about capital resources and the economy. Students will learn about different types of resources, how they are part of the economy, and how to conserve resources. Colorful images, supporting text, a glossary, table of contents, and index all work together to engage readers and help them better understand the content. This informative, colorful book uses primary sources to captivate readers as they learn social studies topics. |
| capital resources economics definition: Capital in the Twenty-First Century Thomas Piketty, 2017-08-14 What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today. |
| capital resources economics definition: Little Nino's Pizzeria Karen Barbour, 1990-03-15 Tony likes to help his father at their small family restaurant, but everything changes when Little Nino's Pizzeria becomes a fancier place. Barbour's vibrant artwork is packed with color and energy. |
| capital resources economics definition: The Positive Theory of Capital Eugen von Böhm-Bawerk, 1891 Von Boehm-Bawerk is one of the leading economists of the so-called Austrian school. With Karl Menger and others, he has contributed to the development of a theory of value which has received wide acceptance, and has been the cause of still wider discussion, in the economic world. This theory, as elaborated by Boehm von Bawerk, is based largely upon psychological principles. Its chief feature consists in a searching analysis of ‘subjective value.’ In his “Capital and Interest”, the author makes a brilliant and original study of these two subjects. “The Positive Theory of Capital” is the successor to the work mentioned above. |
| capital resources economics definition: Bank Risk Management in Developing Economies Leonard Onyiriuba, 2016-10-04 Bank Risk Management in Developing Economies: Addressing the Unique Challenges of Domestic Banks provides an up-to-date resource on how domestically-based banks in emerging economies can provide financial services for all economic sectors while also contributing to national economic development policies. Because these types of bank are often exposed to risky sectors, they are usually set apart from foreign subsidiaries, and thus need risk models that foreign-based banks do not address. This book is the first to identify these needs, proposing solutions through the use of case studies and analyses that illustrate how developing economic banking crises are often rooted in managing composite risks. The book represents a departure from classical literature that focuses on assets, liabilities, and balance sheet management, by which developing economy banks, like their counterparts elsewhere, have not fared well. - Contains fifty cases that reinforce risk management best practices - Provides a consistent chapter format that includes abstract, keywords, learning focus, and outcomes - Summaries, questions, and glossaries conclude each chapter |
| capital resources economics definition: Managing Intellectual Capital in Libraries Petros Kostagiolas, 2012-02-23 In the knowledge economy, professionals have to make decisions about non-tangible, non-monetary, and largely invisible resources. Information professionals need to understand the potential uses, contributions, value, structure, and creation of broadly intangible intellectual capital in libraries. In order to fully realize intellectual capital in libraries, new practices and skills are required for library management practitioners and researchers.Managing Intellectual Capital in Libraries provides research advances, guidelines, methods and techniques for managing intellectual capital in a library environment, and includes analyses and case studies. This book includes a foreword by Anne Woodsworth and is structured into seven chapters, covering: libraries in the knowledge economy; worlds of production and intellectual capital utilization in libraries; identifying and categorizing intellectual capital; measuring libraries' intellectual capital; financial valuation and reporting of intellectual capital in libraries; and survival analysis for libraries' intellectual capital resources. The book concludes with a summary, and turns the reader towards future research. - Practical methods and techniques are outlined that can be applied to real-life library situations, as they have been extensively applied in other economic sectors - Provides illustrative examples and case studies for exploring and explaining the meaning of specific intangible assets and resources in libraries, such as user oriented intangible assets, library system automation and technology, library location, human capital, external relations and more - Considers libraries as intellectual capital within organizations and broader socioeconomic systems |
| capital resources economics definition: Natural Resources as Capital Larry Karp, 2017-10-27 An introduction to the concepts and tools of natural resource economics, including dynamic models, market failures, and institutional remedies. This introduction to natural resource economics treats resources as a type of capital; their management is an investment problem requiring forward-looking behavior within a dynamic setting. Market failures are widespread, often associated with incomplete or nonexistent property rights, complicated by policy failures. The book covers standard resource economics topics, including both the Hotelling model for nonrenewable resources and models for renewable resources. The book also includes some topics in environmental economics that overlap with natural resource economics, including climate change. The text emphasizes skills and intuition needed to think about dynamic models and institutional remedies in the presence of both market and policy failures. It presents the nuts and bolts of resource economics as applied to nonrenewable resources, including the two-period model, stock-dependent costs, and resource scarcity. The chapters on renewable resources cover such topics as property rights as an alternative to regulation, the growth function, steady states, and maximum sustainable yield, using fisheries as a concrete setting. Other, less standard, topics covered include microeconomic issues such as arbitrage and the use of discounting; policy problems including the “Green Paradox”; foundations for policy analysis when market failures are important; and taxation. Appendixes offer reviews of the relevant mathematics. The book is suitable for use by upper-level undergraduates or, with the appendixes, masters-level courses. |
| capital resources economics definition: Economics, Accounting and the True Nature of Capitalism Jacques Richard, Alexandre Rambaud, 2021-11-29 Almost all economists, whether classical, neoclassical or Marxist, have failed in their analyses of capitalism to consider the underpinning systems of accounting. This book draws attention to this lacuna, focusing specifically on the concept of capital: a major concept that dominates all teaching and practice in both economics and management. It is argued that while for the practitioners of capitalism – in accounting and business – the capital in their accounts is a debt to be repaid (or a thing to be kept), for economists, it has been considered a means (or even a resource or an asset) intended to be worn out. This category error has led to economists failing to comprehend the true nature of capitalism. On this basis, this book proposes a new definition of capitalism that brings about considerable changes in the attitude to be had towards this economic system, in particular, the means to bring about its replacement. This book will be of significant interest to readers of political economy, history of economic thought, critical accounting and heterodox economics. |
| capital resources economics definition: Globalization and the Chinese Retailing Revolution Yong Zhen, 2007-02-28 Chinese retailing serves 1.3 billion consumers and is developing with high economic growth rates. This detailed reference examines the following issues: the revolution happening in Chinese retailing; the evolution of the opening-up policy of Chinese retailing; the great opportunities brought about by the dramatic change in the Chinese retail industry particularly by China's entry to the World Trade Organisation (WTO); how to succeed in the Chinese retail market; successful models and strategies for both Chinese retailers and multinational retailers in China. The book also discusses the deep impact of China's entry to the WTO on the Chinese retail industry and the strategic importance of the industry in China's transitional economy. - The first book to systematically study the Chinese retail industry and is written by someone who is from the inside of Chinese retailing and who understands western retailing well - Includes many case studies of multinational retailer operations in China and valuable suggestions for success in China - Wal-Mart's business model, internationalization and operations in emerging market, particularly in China |
| capital resources economics definition: An Inquiry Into the Nature and Causes of the Wealth of Nations Adam Smith, 1822 |
| capital resources economics definition: Capitalism without Capital Jonathan Haskel, Stian Westlake, 2018-10-16 Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies. |
| capital resources economics definition: Tacky and the Winter Games Helen Lester, 2007-10-29 A-huff-and-a-puff-and-a-huff-and-a-puff-and-a-huff-and-a-puff WHAT'S HAPPENING? Tacky the penguin wants to know. The Winter Games, that's what's happening. And Tacky and his fellow penguins Goodly, Lovely, Angel, Neatly, and Perfect have to work hard to get in shape so they can represent Team Nice Icy Land in the athletic competitions. After rigorous training, they're ready - but are the games ready for Tacky? Will his antics keep Team Nice Icy Land from winning a medal? From bobsledless racing and ski jumping to speed skating, Tacky lends his unique, exuberant style to each competition. In laugh-out-loud scenes of Tacky and his fellow penguins' athletic debacles, Tacky reminds readers of the underlying joy and enthusiasm that propells athletes to greatness. So get ready to cheer for Team Nice Icy Land and let the games begin! |
| capital resources economics definition: People Economics Laura Kellers Queen, 2021-10-11 This book shatters the barriers between traditional Finance and Human Resources by demonstrating that People Economics is a win-win for both companies and their employees. There have been many attempts to bring clarity to the term 'human capital', People Economics breaks through with common language and a relevant framework. The stories, real-life examples and calculable metrics provide tangible ways to bring human capital measurement to life. ESG and sustainability reporting, corporate transparency and disclosure of human capital measures are rapidly gaining prominence for investors, analysts, regulators and consumers. The United States lags other nations in this field; People Economics offers a path to rapidly accelerate understanding of this complex and challenging arena. It is an essential reference for investors, executives, human resources and finance professionals, and business educators. |
| capital resources economics definition: Essential Economics Matthew Bishop, 2004-05-01 |
| capital resources economics definition: Economics [4 volumes] David A. Dieterle, 2017-03-27 A comprehensive four-volume resource that explains more than 800 topics within the foundations of economics, macroeconomics, microeconomics, and global economics, all presented in an easy-to-read format. As the global economy becomes increasingly complex, interconnected, and therefore relevant to each individual, in every country, it becomes more important to be economically literate—to gain an understanding of how things work beyond the microcosm of the economic needs of a single individual or family unit. This expansive reference set serves to establish basic economic literacy of students and researchers, providing more than 800 objective and factually driven entries on all the major themes and topics in economics. Written by leading scholars and practitioners, the set provides readers with a framework for understanding economics as mentioned and debated in the public forum and media. Each of the volumes includes coverage of important events throughout economic history, biographies of the major economists who have shaped the world of economics, and highlights of the legislative acts that have shaped the U.S. economy throughout history. The extensive explanations of major economic concepts combined with selected key historical primary source documents and a glossary will endow readers with a fuller comprehension of our economic world. |
| capital resources economics definition: The Code of Capital Katharina Pistor, 2020-11-03 Capital is the defining feature of modern economies, yet most people have no idea where it actually comes from. What is it, exactly, that transforms mere wealth into an asset that automatically creates more wealth? The Code of Capital explains how capital is created behind closed doors in the offices of private attorneys, and why this little-known fact is one of the biggest reasons for the widening wealth gap between the holders of capital and everybody else. In this revealing book, Katharina Pistor argues that the law selectively codes certain assets, endowing them with the capacity to protect and produce private wealth. With the right legal coding, any object, claim, or idea can be turned into capital - and lawyers are the keepers of the code. Pistor describes how they pick and choose among different legal systems and legal devices for the ones that best serve their clients' needs, and how techniques that were first perfected centuries ago to code landholdings as capital are being used today to code stocks, bonds, ideas, and even expectations--assets that exist only in law. A powerful new way of thinking about one of the most pernicious problems of our time, The Code of Capital explores the different ways that debt, complex financial products, and other assets are coded to give financial advantage to their holders. This provocative book paints a troubling portrait of the pervasive global nature of the code, the people who shape it, and the governments that enforce it.--Provided by publisher. |
| capital resources economics definition: Guerilla Capitalism Lan Nguyen, 2009-03-09 Aimed at globalising companies, institutional investors, business researchers, students and practitioners. Guerilla Capitalism analyses the nature of the business system and behaviour of state owned enterprises in Vietnam. Written by an expert author, the book is based on first hand case studies containing full and frank interviews with local managers on the country's business culture. It thus provides those seeking to do business in Vietnam with an unparalleled insight into how and why its businesses in general, and state owned enterprises in particular, are structured and managed, a topic about which little has been previously written. The book also presents researchers and students with a comprehensive, societal approach to the study of organisational behaviour, and offers a distinctive interpretation of the common problems of state owned enterprises in transitional economies that goes beyond the traditional economic explanation. - Is written by a Vietnamese academic whose unique access gave him an in-depth knowledge and understanding of business practices in Vietnam - Provides information on the business environment in Vietnam - Provides a comprehensive and innovative explanation and interpretation of the business system in Vietnam based on real world case studies and observations |
| capital resources economics definition: A Whole New Mind Daniel H. Pink, 2006-03-07 New York Times Bestseller An exciting--and encouraging--exploration of creativity from the author of When: The Scientific Secrets of Perfect Timing The future belongs to a different kind of person with a different kind of mind: artists, inventors, storytellers-creative and holistic right-brain thinkers whose abilities mark the fault line between who gets ahead and who doesn't. Drawing on research from around the world, Pink (author of To Sell Is Human: The Surprising Truth About Motivating Others) outlines the six fundamentally human abilities that are absolute essentials for professional success and personal fulfillment--and reveals how to master them. A Whole New Mind takes readers to a daring new place, and a provocative and necessary new way of thinking about a future that's already here. |
| capital resources economics definition: Introduction to Business Lawrence J. Gitman, Carl McDaniel, Amit Shah, Monique Reece, Linda Koffel, Bethann Talsma, James C. Hyatt, 2024-09-16 Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License. |
| capital resources economics definition: Key Concepts in Economic Geography Yuko Aoyama, James T Murphy, Susan Hanson, 2010-11-17 A comprehensive and highly readable review of the conceptual underpinnings of economic geography. Students and professional scholars alike will find it extremely useful both as a reference manual and as an authoritative guide to the numerous theoretical debates that characterize the field. - Allen J. Scott, University of California Guides readers skilfully through the rapidly changing field of economic geography... The key concepts used to structure this narrative range from key actors and processes within global economic change to a discussion of newer areas of research including work on financialisation and consumption. The result is a highly readable synthesis of contemporary debates within economic geography that is also sensitive to the history of the sub-discipline. - Sarah Hall, University of Nottingham The nice thing about this text is that it is concise but with depth in its coverage. A must have for any library, and a useful desk reference for any serious student of economic geography or political economy. - Adam Dixon, Bristol University Organized around 20 short essays, Key Concepts in Economic Geography provides a cutting edge introduction to the central concepts that define contemporary research in economic geography. Involving detailed and expansive discussions, the book includes: An introductory chapter providing a succinct overview of the recent developments in the field. Over 20 key concept entries with comprehensive explanations, definitions and evolutions of the subject. Extensive pedagogic features that enhance understanding including figures, diagrams and further reading. An ideal companion text for upper-level undergraduate and postgraduate students in economic geography, the book presents the key concepts in the discipline, demonstrating their historical roots and contemporary applications to fully understand the processes of economic change, regional growth and decline, globalization, and the changing locations of firms and industries. Written by an internationally recognized set of authors, the book is an essential addition to any geography student′s library. |
| capital resources economics definition: Environmental and Natural Resource Economics Tom Tietenberg, Lynne Lewis, 2023-07-31 Environmental and Natural Resource Economics is one of the most widely used textbooks for environmental economics and natural resource economics courses, offering a policy-oriented approach and introducing economic theory and empirical work from the field. Students will develop a global perspective of both environmental and natural resource economics and how they interact. This 12th edition provides updated data, new studies, and more international examples. There is a considerable amount of new material, with a deeper focus on climate change and coverage of COVID-19, social justice, and the circular economy. Key features include: Extensive coverage of major contemporary issues including climate change, water and air pollution, resource allocation, biodiversity protection, sustainable development, and environmental justice. Four chapters specifically devoted to climate economics, including chapters on energy, climate mitigation, carbon pricing, and adaptation to climate change. Introductions to the theory and method of environmental economics, including externalities, benefit-cost analysis, valuation methods, and ecosystem goods and services and updates to the social cost of carbon. New examples and debates throughout the text, highlighting global cases and major talking points. Environmental and Natural Resource Economics supports students with end-of-chapter summaries, discussion questions, exercises, and further reading in the book, and the companion website offers additional learning and teaching resources. |
| capital resources economics definition: Capital and Interest Eugen von Böhm-Bawerk, 1890 |
| capital resources economics definition: Relationship Economics Lindon J. Robison, Bryan K. Ritchie, 2016-04-08 In a 24/7 world and a global economy, there is no doubt that relationships impact virtually every economic transaction. In Relationship Economics, Lindon Robison and Bryan Ritchie argue that what needs to be understood is not just whether relationships matter (which, of course, they do), but also, how much, and in what circumstances they should matter. Providing a rigorous and measurable definition of the way that relationships among individuals create a capital, social capital, that can be saved, spent, and used like other forms of capital, Robison and Ritchie use numerous examples and insightful analysis, to explain how social capital shapes our ability to reduce poverty, understand corruption, encourage democracy, facilitate income equality, and respond to globalization. The first part of the book explains how social capital can be manipulated, stored, expended, and invested. The second part explores how levels of social capital within relationships influence economic transactions both positively and negatively, which in turn shape poverty levels, economic efficiency, levels and types of political participation, and institutional structures. |
| capital resources economics definition: Scarcity and Growth Harold J. Barnett, Chandler Morse, 2013-10-18 In this classic study, the authors assess the importance of technological change and resource substitution in support of their conclusion that resource scarcity did not increase in the Unites States during the period 1870 to 1957. Originally published in 1963 |
| capital resources economics definition: Environmental and Natural Resource Economics Thomas H. Tietenberg, Lynne Lewis, 2018-03-13 Environmental and Natural Resource Economics is the best-selling text for natural resource economics and environmental economics courses, offering a policy-oriented approach and introducing economic theory and empirical work from the field. Students will leave the course with a global perspective of both environmental and natural resource economics and how they interact. Complemented by a number of case studies showing how underlying economic principles provided the foundation for specific environmental and resource policies, this key text highlights what can be learned from the actual experience. This new, 11th edition includes updated data, a number of new studies and brings a more international focus to the subject. Key features include: Extensive coverage of the major issues including climate change, air and water pollution, sustainable development, and environmental justice. Dedicated chapters on a full range of resources including water, land, forests, fisheries, and recyclables. Introductions to the theory and method of environmental economics including externalities, benefit-cost analysis, valuation methods, and ecosystem goods and services. Boxed ‘Examples’ and ‘Debates’ throughout the text which highlight global examples and major talking points. The text is fully supported with end-of-chapter summaries, discussion questions, and self-test exercises in the book and multiple-choice questions, simulations, references, slides, and an instructor’s manual on the Companion Website. |
| capital resources economics definition: The Mystery of Capital Hernando De Soto, 2007-03-20 A renowned economist argues for the importance of property rights in the most intelligent book yet written about the current challenge of establishing capitalism in the developing world (Economist) The hour of capitalism's greatest triumph, writes Hernando de Soto, is, in the eyes of four-fifths of humanity, its hour of crisis. In The Mystery of Capital, the world-famous Peruvian economist takes up one of the most pressing questions the world faces today: Why do some countries succeed at capitalism while others fail? In strong opposition to the popular view that success is determined by cultural differences, de Soto finds that it actually has everything to do with the legal structure of property and property rights. Every developed nation in the world at one time went through the transformation from predominantly extralegal property arrangements, such as squatting on large estates, to a formal, unified legal property system. In the West we've forgotten that creating this system is what allowed people everywhere to leverage property into wealth. This persuasive book revolutionized our understanding of capital and points the way to a major transformation of the world economy. |
| capital resources economics definition: The Economics Of Environmental And Natural Resources Policy J. A. Butlin, 2019-09-06 The purpose of this collection of readings is to aid the student taking a course in environmental economics to place the issues in perspective. The text is designed for an undergraduate audience, and those readings that have appeared elsewhere have, with the permission of the holders of the copyright, been suitably abridged for this purpose. The book is designed to be used in conjunction with a conventional text on environmental economics or as an adjunct to a comprehensive series of lectures in environmental and natural resource economics. |
| capital resources economics definition: Terms Of Trade: Glossary Of International Economics (2nd Edition) Alan V Deardorff, 2014-03-24 Have you ever wondered what a term in international economics means? This useful reference book offers a glossary of terms in both international trade and international finance, with emphasis on economic issues. It is intended for students getting their first exposure to international economics, although advanced students will also find it useful for some of the more obscure terms that they have forgotten or never encountered.Besides an extensive glossary of terms that has been expanded about 50% from the first edition, there is a picture gallery of diagrams used to explain key concepts such as the Edgeworth Production Box and the Offer Curve Diagram in international economics. This section is followed by over 30 lists of terms that occur a lot in international economics, grouped by subject to help users find terms that they cannot recall.Prior to an enlarged bibliography is an expanded section on the origins of terms in international economics, which records what the author has been able to learn about the origins of some of the terms used in international economics. This is a must-have portable glossary in international trade and international economics! |
| capital resources economics definition: Land Martin Adams, 2015-03-03 What if we lived in a world where everyone had enough? A world where everyone mattered and where people lived in harmony with nature? What if the solution to our economic, social, and ecological problems was right underneath our feet? Land has been sought after throughout human history. Even today, people struggle to get onto the property ladder and view real estate as an important way to build wealth. Yet, as the reader will discover through this book, the act of owning land—and our urge to profit from it—causes economic booms and busts, social and cultural decline, and environmental devastation. Land: A New Paradigm for a Thriving World introduces a radically new economic model that ensures a more fair and abundant reality for everyone. It is a book for those who dream of a better world, for themselves and future generations. Table of Contents Introduction Part I: The Cost of Ignorance 1. The Production of Wealth 2. The Value of Location 3. The Free Market 4. Social Decline 5. Business Recessions 6. Ecocide 7. Earth, Our Home Part II: A New Paradigm for a Thriving World 8. Restoring Communities 9. Keep What You Earn, Pay for What You Use 10. Local Autonomy 11. Affordable Housing 12. Thriving Cities 13. Sustainable Farming 14. The Price of Peace 15. A New Paradigm Epilogue: A Personal Note Appendix: The Math Behind the Science References & Suggestions for Further Reading Endnotes Index |
| capital resources economics definition: Natural Resource Economics Tom Tietenberg, Lynne Lewis, 2024-09-16 Natural Resource Economics: The Essentials offers a policy-oriented approach to the increasingly influential field of natural resource economics that is based upon a solid foundation of economic theory and empirical research. Students will not only leave the course with a firm understanding of natural resource economics, but they will also be exposed to a number of case studies showing how underlying economic principles provided the foundation for specific natural resource policies. This key text highlights what insights can be derived from the actual experience. Key features include: Extensive coverage of the major issues, including energy, recyclable resources, water policy, land conservation and management, forests, fisheries, other ecosystems, and sustainable development Introductions to the theory and method of natural resource economics, including externalities, experimental and behavioral economics, benefit-cost analysis, and methods for valuing the services provided by the environment Boxed Examples and Debates throughout the text, which highlight global cases and major talking points. This second edition provides updated data, new studies, and more international examples. There is a considerable amount of new material, with a deeper focus on climate change. The text is fully supported with end-of-chapter summaries, discussion questions, and self-test exercises in the book, as well as a suite of supplementary digital resources, including multiple-choice questions, simulations, references, slides, and an instructor’s manual. It is adapted from the 12th edition of the best-selling Environmental and Natural Resource Economics textbook by the same authors. |
| capital resources economics definition: Social Epidemiology Lisa F. Berkman, Ichiro Kawachi, 2000-03-09 This book shows the important links between social conditions and health and begins to describe the processes through which these health inequalities may be generated. It reviews a range of methodologies that could be used by health researchers in this field and proposes innovative future research directions. |
| capital resources economics definition: Environmental and Natural Resources Economics Xiangzheng Deng, |
| capital resources economics definition: Economics in One Lesson Henry Hazlitt, 2010-08-11 With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication. |
| capital resources economics definition: Natural Resource Economics: The Essentials Tom Tietenberg, Lynne Lewis, 2019-08-01 Natural Resource Economics: The Essentials offers a policy-oriented approach to the increasingly influential field of natural resource economics that is based upon a solid foundation of economic theory and empirical research. Students will not only leave the course with a firm understanding of natural resource economics, but they will also be exposed to a number of case studies showing how underlying economic principles provide the basis for specific natural resource policies. Including current data and research studies, this key text also highlights what insights can be derived from the actual experience. Key features include: Extensive coverage of the major issues including energy, recyclable resources, water policy, land conservation and management, forests, fisheries, other ecosystems, and sustainable development; Introductions to the theory and method of natural resource economics including externalities, experimental and behavioral economics, benefit-cost analysis, and methods for valuing the services provided by the environment; Boxed ‘Examples’ and ‘Debates’ throughout the text which highlight global examples and major points for deeper discussions. The text is fully supported with end-of-chapter summaries, discussion questions, and self-test exercises in the book, as well as with multiple-choice questions, simulations, references, slides, and an instructor’s manual on the Companion Website. This text is adapted from the best-selling Environmental and Natural Resource Economics, 11th edition, by the same authors. |
| capital resources economics definition: Putting Purpose Into Practice Colin Mayer, Bruno Roche, 2021 This is the first book to provide a precise description of how companies can put purpose into practice. Based on groundbreaking research undertaken between Oxford University and Mars Catalyst, it offers an accessible account of why corporate purpose is so important and how it can be implemented to address the major challenges the world faces today. |
| capital resources economics definition: Natural Capitalism Paul Hawken, Amory Lovins, L. Hunter Lovins, 2007-10-15 There are no more reespected voices in the environmental movement than these authors, true counselors on the direction of twenty-first-century business. With hundreds of thousands of books sold worldwide, they have set the agenda for rational, ecologically sound industrial development. In this inspiring book they define a superior & sustainable form of capitalism based on a system that radically raises the productivity of nature's dwindling resources. Natural Capitalism shows how cutting-edge businesses are increasing their earnings, boosting growth, reducing costs, enhancing competitiveness, & restoring the earth by harnessing a new design mentality. The authors offer dozens of examples of businesses that are making fourfold or even tenfold gains in efficiency, from self-heating & self-cooling buildings to 200-miles-per-gallon cars, while ensuring that workers aren't downsized out of their jobs. This practical blueprint shows how making resources more productive will create the next industrial revolution |
| capital resources economics definition: The Fourth Industrial Revolution Klaus Schwab, 2017-01-03 World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress. |
| capital resources economics definition: Principles of Economics in Context Neva Goodwin, Jonathan Harris, Julie Nelson, Brian Roach, Mariano Torras, 2019-08-01 The study of economics should not be highly abstract, but closely related to real-world events. Principles of Economics in Context addresses this challenge, laying out the principles of micro-and macroeconomics in a manner that is thorough, up to date and relevant to students, keeping theoretical exposition close to experience. Emphasizing writing that is compelling, clear, and attractive to students, it addresses such critical concerns as ecological sustainability, distributional equity, the quality of employment, and the adequacy of living standards. Key features include: Clear explanation of basic concepts and analytical tools, with Discussion Questions at the end of each section, encouraging immediate review of what has been read and relating the material to the students’ own experience; Full complement of instructor and student support materials online, including test banks and grading through Canvas; Key terms highlighted in boldface throughout the text, and important ideas and definitions set off from the main text; A glossary at the end of the book containing all key terms, their definitions, and the number of the chapter(s) in which each was first used and defined. Updates for the second edition include: Expanded coverage of topics including inequality, financialization and debt issues, the changing nature of jobs, and sustainable development; New material on wage discrimination by race and gender; an expanded section on labor markets and immigration; Updated discussion of fiscal policy to include more recent developments such as the Trump tax cuts; New material on behavioral economics, public goods, and climate change policy; a new section on “The Economics of Renewable Energy.” This new, affordable edition combines the just-released new editions of Microeconomics in Context and Macroeconomics in Context to provide an integrated full-year text covering all aspects of both micro-and macro-analysis and application, with many up-to-date examples and extensive supporting Web resources for instructors and students. The companion website can be found at: http://www.bu.edu/eci/education-materials/textbooks/principles-of-economics-in-context/ |
| capital resources economics definition: The Rate and Direction of Inventive Activity National Bureau of Economic Research, 2015-12-08 The papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories. Originally published in 1962. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905. |
| capital resources economics definition: Resource Abundance and Economic Development R. M. Auty, 2001-06-28 Since the 1960s the per capita incomes of the resource-poor countries have grown significantly faster than those of the resource-abundant countries. In fact, in recent years economic growth has been inversely proportional to the share of natural resource rents in GDP, so that the small mineral-driven economies have performed least well and the oil-driven economies worst of all. Yet the mineral-driven resource-rich economies have high growth potential because the mineral exportsboost their capacity to invest and to import.Resource Abundance and Economic Development explains the disappointing performance of resource-abundant countries by extending the growth accounting framework to include natural and social capital. The resulting synthesis identifies two contrasting development trajectories: the competitive industrialization of the resource-poor countries and the staple trap of many resource-abundant countries. The resource-poor countries are less prone to policy failure than the resource-abundant countriesbecause social pressures force the political state to align its interests with the majority poor and follow relatively prudent policies. Resource-abundant countries are more likely to engender political states in which vested interests vie to capture resource surpluses (rents) at the expense of policycoherence. A longer dependence on primary product exports also delays industrialization, heightens income inequality, and retards skill accumulation. Fears of 'Dutch disease' encourage efforts to force industrialization through trade policy to protect infant industry. The resulting slow-maturing manufacturing sector demands transfers from the primary sector that outstrip the natural resource rents and sap the competitiveness of the economy.The chapters in this collection draw upon historical analysis and models to show that a growth collapse is not the inevitable outcome of resource abundance and that policy counts. Malaysia, a rare example of successful resource-abundant development, is contrasted with Ghana, Bolivia, Saudi Arabia, Mexico, and Argentina, which all experienced a growth collapse. The book also explores policies for reviving collapsed economies with reference to Costa Rica, South Africa, Russia and Central Asia. Itdemonstrates the importance of initial conditions to successful economic reform. |
Lesson 1: Natural, Human, and Capital Resources
Capital resources include money to start a new business, tools, buildings, machinery, and any other goods people make to produce goods and provide services. The items the people in …
Economics and Business Year 5 Wants, resources and choices
The economic definition is broader, but quite specific - resources are defined as ‘all things that can be used to produce goods and services that satisfy wants’. In the economics and business …
131616 Econ r4 12/9/05 12:02 PM Page 1 What Economics Is …
Every society is endowed with resources which are used to produce the goods and services that enable it to survive and prosper. These resources, called productive resources, can be …
IGCSE Economics Definition List - exampassport.online
production method that uses a large proportion of capital (1) relative to labour (1). merger (1) between firms producing different products (1). measure of inflation / cost of living (1) using …
Economics Made Easy - U.S. Bureau of Labor Statistics
Capital helps businesses and workers produce things more efficiently. This can reduce the cost of goods and services and have other positive effects on productivity growth.
CAPITAL STOCKS AND RESOURCE MANAGEMENT - Boston …
Define the five types of capital. Discuss the limitations of substitutability with respect to natural capital. Describe why social capital is important for economic activities. Distinguish between …
Economic Resources: Capital, Human, and Natural - TeachHUB
Students will learn about the role that capital, human, and natural economic resources have on our society. They will do this through whole-group classroom discussion, watching a video, …
Third Grade, Unit 7 Economics 101 - Georgia Standards
• Capital resources are man-made physical resources (like buildings, tools, machines, and equipment) used in production so things like the mixer, the tools, the oven, the building, etc. …
Chapter 1 Basic economic ideas and resource
Capital: goods used to produce other goods. Enterprise: organising the factors of production and bearing the risks of producing a product. TIP The two factors of production that students most …
Economics for the IB Diploma - AE Teaching
capital is also referred to as a ‘capital good’ or ‘investment good’. Other types of capital include ‘human capital’, or the skills, abilities, knowledge and levels of good health acquired by people; …
UNIT 1
Once a natural resource has been processed or altered by humans, economists, for accounting purposes, consider it a capital resource. Thus, the cut lumber used to produce a desk is …
02. ECONOMIC SYSTEMS – DEFINITIONS AND …
Capitalism is a system of economic organization characterized by the private ownership and use of capital with profit motive. The most important feature of capitalism is the existence of private …
2.1 Factors of Production - Saylor Academy
Define the three factors of production—labor, capital, and natural resources. Explain the role of technology and entrepreneurs in the utilization of the economy’s factors of production.
Economics Definition and Concepts - University of Hawaiʻi
Economics Definition and Concepts Learning Objectives After you have read this study guide, you should be able to 1. Define economics; 2. Distinguish between microeconomics and …
Lesson 1 - What Are Productive Resources? - University of …
Define productive resources, natural resources, human resources, capital goods (resources) and scarcity. Categorize productive resources as natu-ral, human or capital goods. Explain how …
IB Economics Definitions - blogs.4j.lane.edu
Economics: Concerned with the production of goods and services, and the consumption of theses goods and services. Every country whether rich or poor has to make choices and is confronted …
AECO-141-Principles of economics - eagri.org
Capital in a man-made material. Man produces capital equipments or goods to help him in the production of other goods and services. Capital is, therefore, defined as “the produced means …
Lesson 1 - Rolling for Resources - University of Texas at Tyler
Benchmark 12 for 4th grade: Capital goods (resources) are goods produced and used to make other goods and services. Identify productive resources. Define and give examples of natural, …
Natural Capital as an Economic Concept, History and …
To take a global view of these controversial uses, this paper reconsiders the genesis of natural capital as an economic concept, not in its present-day form, but from its almost unknown, …
What Are the Four Factors of Production? - Wichita State …
Economists define four factors of production: land, labor, capital and entrepreneurship. These can be considered the building blocks of an economy. How these factors are combined determines …
Lesson 1: Natural, Human, and Capital Resources
Capital resources include money to start a new business, tools, buildings, machinery, and any other goods people make to produce goods and provide services. The items the people in …
Economics and Business Year 5 Wants, resources and …
The economic definition is broader, but quite specific - resources are defined as ‘all things that can be used to produce goods and services that satisfy wants’. In the economics and business …
131616 Econ r4 12/9/05 12:02 PM Page 1 What Economics Is …
Every society is endowed with resources which are used to produce the goods and services that enable it to survive and prosper. These resources, called productive resources, can be …
IGCSE Economics Definition List - exampassport.online
production method that uses a large proportion of capital (1) relative to labour (1). merger (1) between firms producing different products (1). measure of inflation / cost of living (1) using …
Economics Made Easy - U.S. Bureau of Labor Statistics
Capital helps businesses and workers produce things more efficiently. This can reduce the cost of goods and services and have other positive effects on productivity growth.
CAPITAL STOCKS AND RESOURCE MANAGEMENT - Boston …
Define the five types of capital. Discuss the limitations of substitutability with respect to natural capital. Describe why social capital is important for economic activities. Distinguish between …
Economic Resources: Capital, Human, and Natural - TeachHUB
Students will learn about the role that capital, human, and natural economic resources have on our society. They will do this through whole-group classroom discussion, watching a video, …
Third Grade, Unit 7 Economics 101 - Georgia Standards
• Capital resources are man-made physical resources (like buildings, tools, machines, and equipment) used in production so things like the mixer, the tools, the oven, the building, etc. …
Chapter 1 Basic economic ideas and resource
Capital: goods used to produce other goods. Enterprise: organising the factors of production and bearing the risks of producing a product. TIP The two factors of production that students most …
Economics for the IB Diploma - AE Teaching
capital is also referred to as a ‘capital good’ or ‘investment good’. Other types of capital include ‘human capital’, or the skills, abilities, knowledge and levels of good health acquired by people; …
UNIT 1
Once a natural resource has been processed or altered by humans, economists, for accounting purposes, consider it a capital resource. Thus, the cut lumber used to produce a desk is …
02. ECONOMIC SYSTEMS – DEFINITIONS AND …
Capitalism is a system of economic organization characterized by the private ownership and use of capital with profit motive. The most important feature of capitalism is the existence of private …
2.1 Factors of Production - Saylor Academy
Define the three factors of production—labor, capital, and natural resources. Explain the role of technology and entrepreneurs in the utilization of the economy’s factors of production.
Economics Definition and Concepts - University of Hawaiʻi
Economics Definition and Concepts Learning Objectives After you have read this study guide, you should be able to 1. Define economics; 2. Distinguish between microeconomics and …
Lesson 1 - What Are Productive Resources? - University of …
Define productive resources, natural resources, human resources, capital goods (resources) and scarcity. Categorize productive resources as natu-ral, human or capital goods. Explain how …
IB Economics Definitions - blogs.4j.lane.edu
Economics: Concerned with the production of goods and services, and the consumption of theses goods and services. Every country whether rich or poor has to make choices and is confronted …
AECO-141-Principles of economics - eagri.org
Capital in a man-made material. Man produces capital equipments or goods to help him in the production of other goods and services. Capital is, therefore, defined as “the produced means …
Lesson 1 - Rolling for Resources - University of Texas at …
Benchmark 12 for 4th grade: Capital goods (resources) are goods produced and used to make other goods and services. Identify productive resources. Define and give examples of natural, …
Natural Capital as an Economic Concept, History and …
To take a global view of these controversial uses, this paper reconsiders the genesis of natural capital as an economic concept, not in its present-day form, but from its almost unknown, …
What Are the Four Factors of Production? - Wichita State …
Economists define four factors of production: land, labor, capital and entrepreneurship. These can be considered the building blocks of an economy. How these factors are combined determines …
