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Distribution theory Science

Track :

Science

Lessons no : 9

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What will you learn in this course?
  • Understand key concepts of distribution theory in economics including income sharing and factor returns
  • Analyze how land, labor, and capital influence national income distribution and economic inequality
  • Apply distribution models to real-world economic scenarios involving rent, wages, and profits
  • Evaluate the impact of factor costs and returns on economic growth and development strategies
  • Interpret statistical data related to income distribution and factor productivity in various economies
  • Develop strategies to address income inequality through distribution theory principles

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Lessons | 9


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Vasudha Mahesh Shinde

Good 2023-03-24

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distribution theory, in economics, the systematic attempt to account for the sharing of the national income among the owners of the factors of production—land, labour, and capital. Traditionally, economists have studied how the costs of these factors and the size of their return—rent, wages, and profits—are fixed.