(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 (C). The consumption of goods and services falls under one of the following categories: 1  Durable goods-The consumption of durable goods is considered similar to a consumer investment. 2  Durable goods are purchased with the intention of keeping them for a sustained duration of time.