(Redirected from ECPR) The European Consortium for Political Research (ECPR) is an independent scholarly association that supports and encourages the training, research and cross-national cooperation of many thousands of academics and graduate students specialising in political science and all its sub-disciplines.
Consumption, in economics, the use of goods and services by households. Consumption is distinct from consumption expenditure, which is the purchase of goods and services for use by households.
Consumption is a common concept in economics, and gives rise to derived concepts such as consumer debt. Generally, consumption is defined in part by comparison to production. But the precise definition can vary because different schools of economists define production quite differently.