economic (ˌiːkəˈnɒmɪk; ˌɛkə-) adj 1. (Economics) of or relating to an economy, economics, or finance: economic development; economic theories. 2. (Commerce) Brit capable of being produced, operated, etc, for profit; profitable: the firm is barely economic. ...
macroeconomics- the branch of economics that studies the overall working of a national economy economic science,economics,political economy- the branch of social science that deals with the production and distribution and consumption of goods and services and their management ...
Supply denotes the number of products or services that the market can provide. This includes both tangible goods, such as automobiles, and intangible ones, such as the ability to make an appointment with a skilled service provider. In each instance, the available supply is finite in nature. Th...
Bases of definition of economic value of the ecological goods and servО. Б. Мезенина
“Economics is an inquiry into the nature and causes of the wealth of nations.”— Adam Smith “Economics is the study of mankind in the ordinary business of life. It examines that part of the individual and social activities that are closely related to the attainment of material resources, ...
The meaning of ECONOMICS is a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services. How to use economics in a sentence.
Peak: The expansion phase eventually peaks. Sharp demand leads the cost of goods to soar and suddenlyeconomic indicatorsstop growing. Contraction: Economic growth begins to weaken. Companies stop hiring as demand tapers off and then begin laying off staff to reduceexpenses. ...
经济学定义(Definitionofeconomics) Grossdomesticproduct(GDP)referstothesumofthemarket valueofallthefinalproducts(goodsandservices)produced byacountryoracertainregionwithinacertaintime. Grossnationalproduct(GNP)referstothevalueofthefinal productproducedbythetotalproductionfactorsofacountry's peopleinacertainperiodof...
On the other hand, trade definition in economics refers to the deliberate or voluntary interchange of goods between two or more economic parties. Terms of trade can be said to have undergone an improvement if export prices increase in proportion to import prices. In the case that import prices...
Economic output means the total production of a country. It includes all goods and services produced in a country in a given time.What is Output in Economics? The output economics definition refers to the number of goods and services produced in a country by the public and private sectors wit...