What is 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"
    See also — Additional definitions below

Some articles on economic, economics:

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 ... More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate ... Econometrics is the unification of economics, mathematics, and statistics ...
Economy Of Russia - Economic History
... two fundamental and independent goals – macroeconomic stabilization and economic restructuring – are indicators for a transition from central planning ... 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 ...
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 ... 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
... 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 adopting new slogans ...
Economy Of Nigeria - Gradual Reform
... The Obasanjo 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): Using the minimum of time or resources necessary for effectiveness.
    Example: "An economic use of home heating oil"
    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): 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:

    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)

    A society which is clamoring for choice, which is filled with many articulate groups, each urging its own brand of salvation, its own variety of economic philosophy, will give each new generation no peace until all have chosen or gone under, unable to bear the conditions of choice. The stress is in our civilization.
    Margaret Mead (1901–1978)

    The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.
    Ernest Hemingway (1899–1961)