What is 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"
    See also — Additional definitions below

Some articles on economic, economics:

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 economy ... The former entailed implementing fiscal and monetary policies that promote economic growth in an environment of stable prices and exchange rates ... Russian Republic had begun to attack the problems of macroeconomic stabilization and economic restructuring ...
Nicknames of Geographical Places
... "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 adopting new slogans ...
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 ... 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 inference." An influential ... 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 ... has so far been disappointing, progress in injecting transparency and accountability into economic decisionmaking is notable ...
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 continued economic growth ... 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 trade deficit ...

More definitions of "economic":

  • (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
  • (adj): Using the minimum of time or resources necessary for effectiveness.
    Example: "An economic use of home heating oil"
    Synonyms: economical
  • (adj): Of or relating to the science of economics.
    Example: "Economic theory"

Famous quotes containing the word economic:

    According to our social pyramid, all men who feel displaced racially, culturally, and/or because of economic hardships will turn on those whom they feel they can order and humiliate, usually women, children, and animals—just as they have been ordered and humiliated by those privileged few who are in power. However, this definition does not explain why there are privileged men who behave this way toward women.
    Ana Castillo (b. 1953)

    I believe that history has shape, order, and meaning; that exceptional men, as much as economic forces, produce change; and that passé abstractions like beauty, nobility, and greatness have a shifting but continuing validity.
    Camille Paglia (b. 1947)

    Under weak government, in a wide, thinly populated country, in the struggle against the raw natural environment and with the free play of economic forces, unified social groups become the transmitters of culture.
    Johan Huizinga (1872–1945)