Formulating an alternating sum of product combinations

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Consider some list $A=(a_1,a_2,\cdots,a_n)$. I'd like to find a closed form for the following operation.

$$f(A)=\sum_{k=1}^n(-1)^{k-1}s_k= s_1-s_2+\cdots(-1)^{n-1}s_n.$$ Where $s_k$ is the sum of all combinations of products of $k$ unique elements of $A$. For example, if $A=(x,y,z)$, then $$s_1=x+y+z,$$ $$s_2=xy+xz+yz,$$ $$s_3=xyz.$$ Thus $f(A)=(x+y+z)-(xy+xz+yz)+(xyz)$.

What is the "nicest" way to formulate this sum of products?

Is this operation known/common in combinatorics?

The best I can come up with is $$\sum_{k=1}^n(-1)^{k-1}\prod_{a\in\mathcal{P}_n(A)}a$$ where $\mathcal{P}_n(A)$ denotes the set of all subsets in $A$ with cardinality $n$. However, it would be nice to have this in some "standard form" without the use of powersets (let alone the generalization of such). My binomial theorem alarm is going off; thus I imagine there is some nicer closed form which makes use of binomial coefficients.

Any insight or advice would be greatly appreciated.

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What you got is correct. We directly use the binomial expansion to get \begin{align} \prod_{k =1}^n (1-a_k) &= \sum_{j = 0}^n \sum_{C \in \binom{[n]}{j}} \prod_{c \in C} -a_c \\ &= \sum_{j = 0}^n \sum_{C \in \binom{[n]}{j}} (-1)^{j} \prod_{c \in C} a_c \\ &= 1 + \sum_{j = 1}^n \sum_{C \in \binom{[n]}{j}} (-1)^{j} \prod_{c \in C} a_c \\ &= 1 + \sum_{j = 1}^n (-1)^{j} \sum_{C \in \binom{[n]}{j}} \prod_{c \in C} a_c \\ &= 1 - \sum_{j = 1}^n (-1)^{j - 1} \sum_{C \in \binom{[n]}{j}} \prod_{c \in C} a_c \\ &= 1 - \sum_{j = 1}^n (-1)^{j - 1} s_j \end{align}