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 analyses what is viewed as...
- In microeconomics, economic efficiency, depending on the context, is usually one of the following two related concepts: Allocative or Pareto efficiency:...
- high in economic competitiveness, productivity, innovation, and higher education. The U.S. accounted for over a quarter of nominal global economic output...
- Economic security or financial security is the condition of having stable income or other resources to support a standard of living now and in the foreseeable...
- The Economic Blackout refers to a series of 24-hour consumer spending boycotts that took place on February 28, 2025, in the United States, with planned...
- Economic citizenship can be used to represent both the economic contributions requisite to become a citizen as well as the role in which one's economic...
- An economic model is a theoretical construct representing economic processes by a set of variables and a set of logical and/or quantitative relationships...
- Economic sociology is the study of the social cause and effect of various economic phenomena. The field can be broadly divided into a classical period...
- An economic bubble (also called a speculative bubble or a financial bubble) is a period when current ****et prices greatly exceed their intrinsic valuation...