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:

Nicknames of Geographical Places
... 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 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 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 ... Econometrics is the unification of economics, mathematics, and statistics ...
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 ... 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 ...
Economy Of Nigeria - Gradual Reform
... 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 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 economy ... fiscal and monetary policies that promote economic growth in an environment of stable prices and exchange rates ... attack the problems of macroeconomic stabilization and economic restructuring ...

More definitions of "economic":

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

Famous quotes containing the word economic:

    Society’s double behavioral standard for women and for men is, in fact, a more effective deterrent than economic discrimination because it is more insidious, less tangible. Economic disadvantages involve ascertainable amounts, but the very nature of societal value judgments makes them harder to define, their effects harder to relate.
    Anne Tucker (b. 1945)

    What exacerbates the strain in the working class is the absence of money to pay for services they need, economic insecurity, poor daycare, and lack of dignity and boredom in each partner’s job. What exacerbates it in upper-middle class is the instability of paid help and the enormous demands of the career system in which both partners become willing believers. But the tug between traditional and egalitarian models of marriage runs from top to bottom of the class ladder.
    Arlie Hochschild (20th century)

    The reality is that zero defects in products plus zero pollution plus zero risk on the job is equivalent to maximum growth of government plus zero economic growth plus runaway inflation.
    Dixie Lee Ray (b. 1924)