Economic

  • (adj): Using the minimum of time or resources necessary for effectiveness.
    Example: "An economic use of home heating oil"
    Synonyms: economical
    See also — Additional definitions below

Some articles on economic, economics:

Economy Of The Republic Of Macedonia - Economic Activity
... Macedonia is vulnerable to economic developments in Europe - due to strong banking and trade ties - and dependent on regional integration and progress toward EU membership for ... An absence of infrastructure, UN sanctions on the downsized Yugoslavia, and a Greek economic embargo over a dispute about the country's constitutional name and flag hindered economic growth ... In the wake of the global economic downturn, Macedonia has experienced decreased foreign direct investment, lowered credit availability, and a large trade deficit ...
Nicknames of Geographical Places
... create a new community "ideology or myth" are also believed to have economic value ... Their economic value is difficult to measure, but there are anecdotal reports of cities that have achieved substantial economic benefits by "branding" themselves by ...
Econometrics
... Econometrics is the application of mathematics and statistical methods to economic data and described as the branch of economics that aims to give empirical content to economic ... More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of ... Econometrics is the unification of economics, mathematics, and statistics ...
Economy Of Russia - Economic History
... The two fundamental and independent goals – macroeconomic stabilization and economic restructuring – are indicators for a transition from central planning to a market-based ... fiscal and monetary policies that promote economic growth in an environment of stable prices and exchange rates ... the problems of macroeconomic stabilization and economic restructuring ...
Economy Of Nigeria - Gradual Reform
... government supports "private-sector" led, "market oriented" economic growth and has begun extensive economic reform efforts ... in injecting transparency and accountability into economic decisionmaking is notable ...

More definitions of "economic":

  • (adj): Of or relating to the science of economics.
    Example: "Economic theory"
  • (adj): Of or relating to an economy, the system of production and management of material wealth.
    Example: "Economic growth"
    Synonyms: economical
  • (adj): Concerned with worldly necessities of life (especially money).
    Example: "He wrote the book primarily for economic reasons"; "gave up the large house for economic reasons"; "in economic terms they are very privileged"
  • (adj): Financially rewarding.
    Example: "It was no longer economic to keep the factory open"; "have to keep prices high enough to make it economic to continue the service"

Famous quotes containing the word economic:

    But I would emphasize again that social and economic solutions, as such, will not avail to satisfy the aspirations of the people unless they conform with the traditions of our race, deeply grooved in their sentiments through a century and a half of struggle for ideals of life that are rooted in religion and fed from purely spiritual springs.
    Herbert Hoover (1874–1964)

    The idealist’s programme of political or economic reform may be impracticable, absurd, demonstrably ridiculous; but it can never be successfully opposed merely by pointing out that this is the case. A negative opposition cannot be wholly effectual: there must be a competing idealism; something must be offered that is not only less objectionable but more desirable.
    Charles Horton Cooley (1864–1929)

    The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.
    John Kenneth Galbraith (b. 1908)