Open AccessA More Practical Method for Explaining Supply
Author(s) -
Yi-Jang Yu
Publication year - 2013
Publication title -
research in world economy
Language(s) - English
Resource type - Journals
eISSN - 1923-399X
pISSN - 1923-3981
DOI - 10.5430/rwe.v4n1p76
Subject(s) - portfolio , economics , modern portfolio theory , production (economics) , rate of return , investment (military) , microeconomics , financial economics , finance , politics , political science , law
To rewrite our economics textbooks, we must begin by describing more realistically what is occurring for a producer. Moreover, when uncertainty or risk is taught, the Markowitz portfolio theory must be referred to for association. This study shows that, by applying both elements of the expected rate of return on investment and portfolio theory, a vast range of supply issues, including several from accounting to management and production to economic development, can all be logically explained