Factor Endowment
A solid conceptual analysis of factor endowment in economic theory, discussing its implications for economic prosperity.
Factor Market
A market for factors of production such as labor, capital, or raw materials.
Factor Mobility
The degree of ease with which productive factors can reallocate across sectors within an economy or across countries.
Factor Prices
An examination of factor prices in economics, which include wages, rent, and interest rates, corresponding to the services provided by labor, land, and capital respectively.
Factor-Augmenting Technical Progress
An in-depth look at the concept of factor-augmenting technical progress in economics, exploring its definition, historical context, and various analytical frameworks.
Factors of Production
A comprehensive look into the resources used in the production of goods and services, encompassing labor, capital, and land.
Fair Gamble
A comprehensive look into the definition and significance of fair gambles in economics.
Fair Odds
The odds which would leave anybody betting on a random event with zero expected gain or loss.