Division of labour and development of the education system

In the confrontation of various trends in developed countries, a situation is emerging characterized by the fact that the absolute volume of expenditures on education and vocational training and retraining is increasing. As a result, the level of education and training is improved. In the United States, for example, the share of national income increased […]

Conditional example of analytical calculation based on MSM

General scheme Suppose that the economy in question consists of only two branches (industry and agriculture), the distribution of products of which is reflected in Table. 6.7. Table 6.7 Resource requirements by component General diagram of the original version of the conditional example Industries- Consumers Industries- Manufacturers Intermediate consumption Final Product (KP) Gross Domestic Product […]