What is 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 Nigeria - Gradual Reform
... "private-sector" led, "market oriented" economic growth and has begun extensive economic reform efforts ... in injecting transparency and accountability into economic decisionmaking is notable ...
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 ... 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 ... 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 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 ...
Nicknames of Geographical Places
... 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" themselves by ...
Economy Of Russia - Economic History
... 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 ... the problems of macroeconomic stabilization and economic restructuring ...

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): 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): 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:

    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)

    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)

    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)