Definition of Economic. Meaning of Economic. Synonyms of Economic

Here you will find one or more explanations in English for the word Economic. Also in the bottom left of the page several parts of wikipedia pages related to the word Economic and, of course, Economic synonyms and on the right images related to the word Economic.

Definition of Economic

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economic or Ricardian rent
Rent Rent, n. (Polit. Econ.) (a) That portion of the produce of the earth paid to the landlord for the use of the ``original and indestructible powers of the soil;' the excess of the return from a given piece of cultivated land over that from land of equal area at the ``margin of cultivation.' Called also economic, or Ricardian, rent. Economic rent is due partly to differences of productivity, but chiefly to advantages of location; it is equivalent to ordinary or commercial rent less interest on improvements, and nearly equivalent to ground rent. (b) Loosely, a return or profit from a differential advantage for production, as in case of income or earnings due to rare natural gifts creating a natural monopoly.
Economically
Economically E`co*nom"ic*al*ly, adv. With economy; with careful management; with prudence in expenditure.
Economics
Economics E`co*nom"ics, n. [Gr. ?, equiv. to ? ?. See Economic.] 1. The science of household affairs, or of domestic management. 2. Political economy; the science of the utilities or the useful application of wealth or material resources. See Political economy, under Political. ``In politics and economics.' --V. Knox.
OEconomical
OEconomical [OE]`co*nom"ic*al, a. See Economical.
OEconomics
OEconomics [OE]`co*nom"ics, n. See Economics.

Meaning of Economic from wikipedia

- and management of resources'. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two parties...
- goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes basic elements in...
- The Organisation for Economic Co-operation and Development (OECD; French: Organisation de coopération et de développement économiques, OCDE) is an intergovernmental...
- The economic history of the United States is about characteristics of and important developments in the U.S. economy from colonial times to the present...
- Economic sanctions are commercial and financial penalties applied by one or more countries against a targeted self-governing state, group, or individual...
- recession is a business cycle contraction when there is a general slowdown in economic activity. Macroeconomic indicators such as GDP (gross domestic product)...
- The economic problem – sometimes called basic or central economic problem – ****erts that an economy's finite resources are insufficient to satisfy all...
- In microeconomics, economic efficiency is, roughly speaking, a situation in which nothing can be improved without something else being hurt. Depending...
- business cycle), and the attempt to understand the determinants of long-run economic growth (increases in national income). Macroeconomic models and their forecasts...
- Economic freedom or economic liberty is the ability of people of a society to take economic actions. This is a term used in economic and policy debates...
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