Economy

Concepts

Intrinsic Production Value (IPV)

The Intrinsic Production Value is the associated cost to a product which is determined by the amount of work a population produces and the upkeep associated.

Work: A unit of population produces a value based on the density and efficiency values associated with the population.

Product: Anything gathered/harvested/manufactured from a working unit of population.

Example: The Farmer is farming ‘wheat’, with a 10% bonus to wheat production. This results in the production of 3 units of ‘wheat’. [Round up to the nearest Whole Number]

Upkeep: Any cost associated with the maintenance of the populations tools and production site.

Example The Farmer demands at LEAST 1 unit of food to stay alive.

IPV = Product/(Work + Upkeep)

therefore

Product = 3 units of wheat
Work = 2 points, 1.1 rounded up to 2.
Upkeep = 1 unit of food

IPV wheat = 3 units/ (2 + 1)

The IPV wheat , or the Intrinsic Production Value of wheat is 1
The farmer, after consuming his own wheat, will have 2 units of wheat to barter away at 1 IPV.

The introduction of Coinage will eventually give everything a unit cost associated with the coinage used, its IPV and the IPV of the product in question.

(?) Maybe require the farmer to keep behind some wheat for next year’s crop.
(?) Possibly use a floating value in the tenth and MAYBE hundredth decimal point.

Economy

Forward the Empire Acularius