resource
Economics
(noun)
Something that one uses to achieve an objective, e.g. raw materials or personnel.
Business
Examples of resource in the following topics:
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Additional Resources
- Here is a nice resource for applying ideas from several chapters in this book to teaching and learning math.
- Click Here for Online Teaching Degree: General Mathematics and Teaching Resources (http://www.onlineteachingdegree.com/resources/general-mathematics-and-teaching-resources/).
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Basic Economics of Natural Resources
- Natural resource economics focuses on the supply, demand, and allocation of the Earth's natural resources to create a more efficient economy.
- Natural resource economics focuses on the supply, demand, and allocation of the Earth's natural resources.
- The main objective of natural resource economics is to gain a better understanding of the role of natural resources in the economy.
- Extraction: the process of withdrawing resources from nature.
- Natural resource economics focuses on the demand, supply, and allocation of natural resources to increase sustainability.
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Types of Natural Resources
- Natural resource economics focuses on the supply, demand, and allocation of the Earth's natural resources.
- Natural resource economics focuses on the supply, demand, and allocation of the Earth's natural resources.
- Renewable natural resources: these are resources that can be replenished.
- Natural resource economics aims to study resources in order to prevent depletion.
- Analyze natural resource economics and explain the types of natural resources that exist.
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The Resource-Based View
- In the resource-based view (RBV), strategic planning uses organizational resources to generate a viable strategy.
- As a result, the resource-based view offers some insight as to what defines strategic resources and furthermore what enables them to generate above-average returns (profit).
- Rare – To be of value, a resource must be rare by definition.
- In a perfectly competitive strategic factor market for a resource, the price of the resource will reflect expected future above-average returns.
- Knowledge-based resources are "the essence of the resource-based perspective."
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Understanding Open Educational Resources (OER)
- Open educational resources are freely accessible, openly licensed content that are useful for teaching, learning, and research purposes.
- Open educational resources (OER) are freely accessible, openly licensed documents and media that are useful for teaching, learning, and assessment and research purposes (see ).
- The development and promotion of open educational resources is often motivated by a desire to curb the commodification of knowledge and provide an alternative or enhanced educational paradigm.
- OER also include any educational resources (lesson plans, quizzes, syllabi, instructional modules, simulations, etc.) that are freely available for use, reuse, adaptation, and sharing.
- Teachers can use open educational resources to improve lesson plans or to get in touch with other educators who teach similar subjects and use different resources.
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Externalities and Impacts on Resource Allocation
- Production and use of resources can have a positive or negative effect on the allocation of the natural resources.
- In regards to natural resources, production and use of resources can have a positive or negative effect on the allocation of the resources.
- In other words, society and the natural resources involved would have been better off if the natural resources had not been used at all.
- Developed countries use more natural resources and must enact sustainable development plan for the use of resources.
- Examine externalities and how they the impact resource allocation of natural resources.
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Additional Resources
- Critical Issue: Working Toward Student Self-Direction and Personal Efficacy as Educational Goals: Collection of many resources (including video clips) on how to enhance student self-efficacy (http://www.ncrel.org/sdrs/areas/issues/students/learning/lr200.htm).
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Marginal Productivity and Resource Demand
- Firms will demand more of a resource if the marginal product of the resource is greater than the marginal cost.
- The marginal product of a given resource is the additional revenue generated by employing one more unit of the resource.
- Since firms will seek to use additional resources if the net marginal product is positive, they can affect the demand for the resources.
- Some resources, though, are public goods and therefore are not regulated by normal market forces.
- Oil is a natural resource that is traded in markets.
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Resources
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Suggested Multimedia Resources