Tag: Factor Pricing

Ricardian Theory of Rent

By TopicBin . Updated . 5 min read . 0 comments

Fallback Image This article resorts to explain in much clear manner the Ricardian theory of rent. Before starting this article, we recommend first being familiar with the concept of land rent and economic rent (Click Here to Read), which will make your learning journey easier and smoother.

What is Economic Rent?

By TopicBin . Updated . 9 min read . 0 comments

Fallback Image Before explaining economic rent, it is better to explain the different uses of term rent in different time phases. I think it will be more helpful to fully understand the meaning of land as used in the economic profession. So, let's first know what the