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:

Nicknames of Geographical Places
... and slogans that successfully 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 ...
Economy Of Russia - Economic History
... and independent goals – macroeconomic stabilization and economic restructuring – are indicators for a transition from central planning to a market-based ... The former entailed implementing fiscal and monetary policies that promote economic growth in an environment of stable prices and exchange rates ... of the Russian Republic had begun to attack the problems of macroeconomic stabilization and economic restructuring ...
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 ... 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 until 1996 ... In the wake of the global economic downturn, Macedonia has experienced decreased foreign direct investment, lowered credit availability, and a large ...
Econometrics
... 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 relations ... it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference ... Econometrics is the unification of economics, mathematics, and statistics ...
Economy Of Nigeria - Gradual Reform
... The Obasanjo government supports "private-sector" led, "market oriented" economic growth and has begun extensive economic reform efforts ... so far been disappointing, progress in injecting transparency and accountability into economic decisionmaking is notable ...

More definitions of "economic":

  • (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): Of or relating to the science of economics.
    Example: "Economic theory"
  • (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"
  • (adj): Of or relating to an economy, the system of production and management of material wealth.
    Example: "Economic growth"
    Synonyms: economical

Famous quotes containing the word economic:

    The American suffrage movement has been, until very recently, altogether a parlor affair, absolutely detached from the economic needs of the people.
    Emma Goldman (1869–1940)

    When you overpay small people you frighten them. They know that their merits or activities entitle them to no such sums as they are receiving. As a result their boss soars out of economic into magic significance. He becomes a source of blessings rather than wages. Criticism is sacrilege, doubt is heresy.
    Ben Hecht (1893–1964)

    Politics at all times lead to bloody wars, and not only politics, but also religions as well as social and economic systems of all times are spattered with blood. Invariably the big ones devoured the little ones, and the little ones the tiny ones.
    Friedrich Dürrenmatt (1921–1990)