A Value-Added Approach to Macroeconomics

Focusing on the “value-added” approach to computing Gross National Product encourages students to see their role as a producers, rather than only as consumers. It also offers an alternative approach the distribution of income between labor and capital from that provided by marginal productivity theory.

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Year of publication:	2009
Authors:	Quick, Paddy
Published in:	Forum for Social Economics. - Taylor & Francis Journals, ISSN 0736-0932. - Vol. 38.2009, 2-3, p. 129-134
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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