Competition in monetary system, that is the resources will be used in an efficient way in the market.
First remark: There is an extensive agreement on competition theory that it will result in appearance of optimum methods in production lines.
Second remark: In post-industrial era, not only competition can be constructive but destructive as well.
Economic efficiency of a country is related to the expansion of its activities in supply and demands of global economy. This theory has an indispensable and inextricable connection with the global supply and demands for products and services of a country also it’s currency as well.
This complicated theory has many usages in economy in a way that the study of the ruling ideology of the country and its role in global equations also the way it has connection with global investment market, the consumption-function has different answers.
Remark: Consumption-function in Microeconomics can be defined as a family and in Macroeconomic, Public citizens can be considered as the consumption-function.
The amount of inflation commensurate with the deduction in the purchasing power of consumers
Note: Average inflation in society devours peoples’ earning income.
Total supply will be produced in different forms based on the needs of the market and total demand will be based on the tastes and requirements of the consumers.
The universe is an infinite source.
Energy of universe — power — body —- movement
First definition: There are lots of theories about resources as energy information for production in the Academy of Physics of Islamic World & Theory 1 book, the first fundamental theory of Islamic World which have been presented by Samad Badraghnejad in a way that in the theory of infinite energy, human is able to light a lamp with the energy within.
Second definition: In post-industrial era, one the most fundamental roots and rudiments of the economics (limited resources, unlimited needs) was blemished as if with development in the genetics, nano technology and production with use of stem cells new horizons have been emerged in the world of economics in a way that in the near future technology will omit humans in the scene of production.
Will thoughts of modern economists culminate in a wealthy world?
Individual differences mean being perfect, hence individuals’ capabilities will cause increase in potential efficiency which affects the total information.
Total supply and total demand will be saved in the market
No supplier is fully aware of the demands reflected in the market.
Remark: As with significant issue for supply in the market, demands are not clearly known
Total supply: total assets
Total demand: debts plus shareholders rights
1st definition: economy is a commercial activity and accounting is recording the commercial activity
2nd definition: mathematics is implied in two fundamental relations in economy and accounting sciences