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

- other words, the economic domain is a social domain of interrelated human practices and transactions that 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 what's viewed as...
- The Organisation for Economic Co-operation and Development (OECD; French: Organisation de coopération et de développement économiques, OCDE) is an intergovernmental...
- society can be an economic entity. Examples of economic entities are hospitals, companies, muni****lities, and federal agencies. The "Economic entity ****umption"...
- recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in...
- An economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within a society or a given...
- the economics 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...
- One classical breakdown of economic activity distinguishes three sectors: Primary: involves the retrieval and production of raw-material commodities, such...
- Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in...
- Economic determinism is a socioeconomic theory that economic relationships (such as being an owner or capitalist, or being a worker or proletarian) are...