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

- In other words, the economic domain is a social domain of human practices and transactions. It does not stand alone. Economic agents can be individuals...
- goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes basic elements in...
- In the economic study of the public sector, economic and social development is the process by which the economic well-being and quality of life of a nation...
- The Organisation for Economic Co-operation and Development (OECD; French: Organisation de Coopération et de Développement Économiques, OCDE) is an intergovernmental...
- One can define economic growth as the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. Statisticians...
- The Economic Times is an Indian English-language business-focused daily newspaper. It is owned by The Times Group. The Economic Times began publication...
- Economic liberalism is a political and economic philosophy based on strong support for a market economy and private property in the means of production...
- Wealth disparity in major cities There are wide varieties of economic inequality, most notably measured using the distribution of income (the amount of...
- 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...
- In economics, economic rent is any payment to an owner or factor of production in excess of the costs needed to bring that factor into production. In cl****ical...
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