The below mentioned article provides an overview on Ricardian Theory of Rent:- 1. Introduction to Ricardian Theory of Rent 2. How Rent Arises in the Ricardian Sense 3. Assumptions 4. Critical Evaluation. Introduction to Ricardian Theory of Rent: Ricardo defines rent as "that portion of the produce of the earth which is paid to the landlord for the use of [...]
The following points highlight the top six theories of wages. The theories are: 1. The Subsistence Theory of Wages 2. Standard of Living Theory 3. Wage Fund Theory 4. Residual Claimant Theory 5. Marginal Productivity Theory 6. Discounted Marginal Productivity Theory. Theory # 1. The Subsistence Theory of Wages: The theory was formulated by physiocrats. According to them wages would [...]
The following points highlight the top seven theories of interest. The theories are: 1. Productivity Theory of Interest 2. Abstinence or Waiting Theory 3. Agio or Austrian Theory of Interest 4. Fisher's Time Preference Theory 5. The Classical Theory of Interest 6. Loanable Funds Theory of Interest 7. Liguidity Preference Theory. Theory # 1. Productivity Theory of Interest: This theory [...]