Economic

  • (adj): Financially rewarding.
    Example: "It was no longer economic to keep the factory open"; "have to keep prices high enough to make it economic to continue the service"
    See also — Additional definitions below

Some articles on economic, economics:

Economy Of Nigeria - Gradual Reform
... supports "private-sector" led, "market oriented" economic growth and has begun extensive economic reform efforts ... so far been disappointing, progress in injecting transparency and accountability into economic decisionmaking is notable ...
Economy Of The Republic Of Macedonia - Economic Activity
... Macedonia is vulnerable to economic developments in Europe - due to strong banking and trade ties - and dependent on regional integration and progress toward EU membership for continued economic growth ... An absence of infrastructure, UN sanctions on the downsized Yugoslavia, and a Greek economic embargo over a dispute about the country's constitutional name and flag ... In the wake of the global economic downturn, Macedonia has experienced decreased foreign direct investment, lowered credit availability, and a large trade deficit ...
Econometrics
... application of mathematics and statistical methods to economic data and described as the branch of economics that aims to give empirical content to economic relations ... More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate ... Econometrics is the unification of economics, mathematics, and statistics ...
Economy Of Russia - Economic History
... and independent goals – macroeconomic stabilization and economic restructuring – are indicators for a transition from central planning to a market-based economy ... entailed implementing fiscal and monetary policies that promote economic growth in an environment of stable prices and exchange rates ... of the Russian Republic had begun to attack the problems of macroeconomic stabilization and economic restructuring ...
Nicknames of Geographical Places
... "ideology or myth" are also believed to have economic value ... Their economic value is difficult to measure, but there are anecdotal reports of cities that have achieved substantial economic benefits by "branding ...

More definitions of "economic":

  • (adj): Of or relating to the science of economics.
    Example: "Economic theory"
  • (adj): Using the minimum of time or resources necessary for effectiveness.
    Example: "An economic use of home heating oil"
    Synonyms: economical
  • (adj): Concerned with worldly necessities of life (especially money).
    Example: "He wrote the book primarily for economic reasons"; "gave up the large house for economic reasons"; "in economic terms they are very privileged"
  • (adj): Of or relating to an economy, the system of production and management of material wealth.
    Example: "Economic growth"
    Synonyms: economical

Famous quotes containing the word economic:

    Politics at all times lead to bloody wars, and not only politics, but also religions as well as social and economic systems of all times are spattered with blood. Invariably the big ones devoured the little ones, and the little ones the tiny ones.
    Friedrich Dürrenmatt (1921–1990)

    Freedom is the by-product of economic surplus.
    Aneurin Bevan (1897–1960)

    The Federated Republic of Europe—the United States of Europe—that is what must be. National autonomy no longer suffices. Economic evolution demands the abolition of national frontiers. If Europe is to remain split into national groups, then Imperialism will recommence its work. Only a Federated Republic of Europe can give peace to the world.
    Leon Trotsky (1879–1940)