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Search Results - Labour (economics)

Type in a word or phrase to search, you can also type in Article ID's separated by commas:

Africa&_160;· North America
South America&_160;· Asia
Europe&_160;· Oceania

In economics, labour (or labor) is a measure of the work done by human beings. It is conventionally contrasted with such other factors of production as land and capital. There are theories which have developed a concept called human capital (referring to the skills that workers possess, not necessarily their actual work), although there are also counter posing macro-economic system theories that think human capital is a contradiction in terms.

Other frequently used terms include

Economists measure labour in terms of hours worked, total wages, or efficiency.

Showing 1 to 3 of 3 Articles matching 'Labour (economics)' in related articles.
Pages: 1

1. Capital Intensity for Potential Businesses
July 01, 2009

When venturing into new Company formation, those at the helm should, at a fundamental level, have a decent grasp of business and economics. There are many concepts to be aware of and understand, one of which is that of capital intensity. Capital Intensity relates to the fixed capital present in relation to other factors of production, labour in particular. Therefore, businesses currently involved in production or potential businesses that will be involved in production will need to discover their own capital intensity in order to have a workable business plan that will prove successful. C... (read more)

Author: Lorraine McInerney

2. School Fundraising Goes Green - A Step towards Steady State Economics
January 27, 2009

Steady state economics is an modern area of the school of economics which, to me, makes a lot of sense. The idea is defined as "The steady state is a condition of the economy in which output per worker (productivity of labour) and capital per worker (capital intensity) do not change over time" in Wikipedia. This probably doesn't make much sense to most. A general way to explain it is that we cannot grow forever with a planet that is finite in size. We cannot grow by consuming more resources, rather, by being more efficient with the finite amount of resources we already have. To most, thi... (read more)

Author: Corey Berman

3. Writing of essays
October 01, 2008

Creating of essay is very knotty and laborious labour. Complication consists in that it is needed to be competent to analyse information and light up the opinions on certain issue or subject. Creating of essay is very useful to the improvement of capabilities of analytical thought. The subject of essay can differ widely (Philosophy essays, Economics essays, Art essays etc.). For some one writing essay is professional employment. Oftentimes such people afford the services by writing services, where somebody interested can acquire an essay for to the next subjects: Education essays, Philoso... (read more)

Author: Robert Bell

Pages: 1


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