Definition of Economic. Meaning of Economic. Synonyms of Economic
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Definition of Economic
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economic or Ricardian rentRent 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 E`co*nom"ic*al*ly, adv.
With economy; with careful management; with prudence in
EconomicsEconomics E`co*nom"ics, n. [Gr. ?, equiv. to ? ?. See
1. The science of household affairs, or of domestic
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. OEconomicalOEconomical [OE]`co*nom"ic*al, a.
See Economical. OEconomicsOEconomics [OE]`co*nom"ics, n.
Meaning of Economic from wikipedia
- and management
of resources'. Economic agents
can be individuals, businesses, organizations, or governments. Economic transactions occur
when two groups...
and services. Economics focuses
on the behaviour
of economic agents
and how economies
work. Microeconomics analyzes basic elements
- The Index
of Economic Freedom
is an annual index
and ranking created
in 1995 by The Heritage Foundation
and The Wall Street Journal
- The Organisation
Co-operation and Development
(OECD; French: Organisation
de coopération et de développement économiques, OCDE) is an intergovernmental...
- The economic problem
– sometimes called
or central economic problem
– ****erts that an economy's finite resources
can be an economic
of economic entities
are hospitals, companies, muni****lities, and federal
agencies. The "Economic entity
- Economic sanctions
(synonym: embargo) are commercial
and financial penalties applied
by one or more countries against
- Economic geography
is the subfield
of human geography which studies economic
activity. It can also be considered
in economics. Economic...
- An economic bubble
or ****et bubble
(sometimes also referred
to as a speculative
bubble, a market
bubble, a price
bubble, a financial
bubble, a speculative...
- In economics, economic
rent is any payment
to an owner
of the costs needed
into production. In cl****ical...
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