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
words, the economic domain
is a social domain
of interrelated human practices
that does not stand
alone. Economic agents
can be individuals...
and services. Economics focuses
on the behaviour
of economic agents
and how economies
work. Microeconomics analyzes
- The Organisation
Co-operation and Development
(OECD; French: Organisation
de coopération et de développement économiques, OCDE) is an intergovernmental...
can be an economic
of economic entities
are hospitals, companies, muni****lities, and federal
agencies. The "Economic entity
- Economic diversity
or economic diversification refers
in the economic status
or the use of a broad range
of economic activities
in a region...
- An economic
system, or economic
order, is a system
of production, resource allocation
and services within
a society. It includes...
- One classical breakdown
of economic activity distinguishes three
sectors: Primary: involves
of raw-material commodities, such...
- Economic liberalism
is a political
and economic ideology
a market economy based
and private property
in the means
- An economic migrant
from one region
to another, including crossing international
borders, s****ing an improved standard
- Economic growth
can be defined
as the increase
in the inflation-adjusted market value
of the goods
and services produced
by an economy
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