Industry WIKI

In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, goods and services. The utilised amounts of the various inputs determine the quantity of output according to the relationship called the production function. There are four basic resources or factors of production: land, labour, capital and entrepreneur (or ente

Neil Wallace (born 1939) is an American economist and professor of economics at Penn State University. He is considered one of the main proponents of new classical macroeconomics in the field of economics.

Oleg Itskhoki (born in Moscow on January 7, 1983) is a Russian-American economist specialized on macroeconomics and international economics and (as of 2024) a professor of economics at the Harvard University. He won the John Bates Clark Medal for his "fundamental contributions to both international finance and international trade" in 2022.