Concepedia

Concept

economies of scale

Parents

197

Publications

19.1K

Citations

314

Authors

158

Institutions

About

Economies of scale is an academic concept within economics that investigates the relationship between the scale of production and the average cost per unit. It specifically examines how, under certain conditions, increasing the volume of output leads to a decrease in the average cost of production, reflecting efficiencies gained from larger operational size. This concept is significant for understanding firm growth, industry structure, and the drivers of cost competitiveness in production processes.

Top Authors

Rankings shown are based on concept H-Index.

AD

Harvard University

LA

Northwestern University

CP

University of Cambridge

HE

Boston University

SV

Boston University

Top Institutions

Rankings shown are based on concept H-Index.

Federal Reserve Bank of Philadelphia

Philadelphia, United States

Harvard University Press

Cambridge, United States

Kansas State University

Manhattan, United States

Boston University

Boston, United States