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Abstract

The central subject of economic science is the allocation of scarce resources. From this point of view the main body of economic theory falls into two parts: the theory of production, which deals with problems of allocation in production, and the theory of consumption or demand.

Keywords

Production Function Production Model Side Condition Entrepreneurial Behaviour Economic Choice 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag/Wien 1966

Authors and Affiliations

  • Sven Danø
    • 1
  1. 1.University of CopenhagenCopenhagenDenmark

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