A New Economic Theory for Space Exploration

M. M. Khoshyaran *

Economics Traffic Clinic- ETC, 34 Avenue des champs Elyses,75008 Paris, France

*Author to whom correspondence should be addressed.


Abstract

The objective of this paper is to discuss the consequences of space industrialization. Initially, the purpose of space industrialization is to find new sources of energy. If, this quest is successful, there will be an unlimited supply of energy for the planet at prices equivalent to taxes. All aspects of economic activities will be impacted. Supply-demand equilibrium prices, production, labour, wage and capital will be formulated very differently from their conventional definitions.

Keywords: Space industrialization, energy sources, unlimited supply, demand, production, labor, wages, capital, consumer surplus, producer surplus, added values


How to Cite

M. Khoshyaran, M. 2016. “A New Economic Theory for Space Exploration”. Journal of Economics, Management and Trade 12 (2):1-11. https://doi.org/10.9734/BJEMT/2016/24191.

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