Programming and input-output models, Microeconomics

Assignment Help:

Programming and Input-Output Models

Output normally refers to total production of a country. The total production is composed of production in three major sectors:

(a) Primary sector including agriculture, irrigation, animal husbandry, forestry, fisheries, and mining/quarrying;

(b) The secondary sector referring to industry including processing and manufacturing, generation of electricity, gas, water, etc. and also ‘construction’;

(c) The services sector comprising transport, communications, trade, commerce, finance, law & order/legal, etc.

The primary sector thus refers to activities in which products derived from natural resources like land, water and animals are included. The secondary sector refers to products derived by a process or an operation (like processing or manufacturing) on the products extracted from the primary sector.  The services sector includes activities in which the products derived from the primary and secondary sectors are distributed to various intermediate and final points of consumption besides providing various other services to producers and consumers.


Related Discussions:- Programming and input-output models

Intermediate economics, what are the variables to be included in the social...

what are the variables to be included in the social welfare of a country?

Sources of educational finance, Normal 0 false false false ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Determine the equilibrium price and quantity , The Market for Pool Rafts ...

The Market for Pool Rafts The market for pool rafts in Playa del Largarto is competitive and includes no transaction costs.  Five suppliers are willing to sell pool rafts in P

Oligopoly, large firms charge the price which is higher than the small firm...

large firms charge the price which is higher than the small firms, contruct the diagram

Linkage of education with poverty and income distribution, Normal 0 ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Expenditure trends and pattern, Expenditure Trends and Pattern: Total ...

Expenditure Trends and Pattern: Total expenditure of the Centre has risen twice as fast as total revenue, although much of this reflects rising interest payments. Revenue expe

Microeconomics., In a perfectly competitive market the price of the product...

In a perfectly competitive market the price of the product is?

Supply, Clearly explain the distinction between supply, demand and equilibr...

Clearly explain the distinction between supply, demand and equilibrium price.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd