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Economic Definition In English


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Relating to trade industry or money Making a profit or likely to make a profit. Economic adjective eco nom ic ˌe-kə-ˈnä-mik ˌē-kə- Synonyms of economic 1 a Of relating to or based on the. The way in which trade industry or money is organized or the study of this. Noun uk iˈkɒnəmi us iˈkɑːnəmi economy noun SYSTEM Add to word list Add to word list B2 C the system of. Adjective OPAL W OPAL S ˌiːkəˈnɒmɪk ˌekəˈnɒmɪk ˌiːkəˈnɑːmɪk ˌekəˈnɑːmɪk only before noun. Pertaining to an economy or system of organization or operation especially of the process of production. Making a profit or likely to make a profit Its not economic to produce goods in small quantities..


Investment is the addition to Capital Stock of the economy eg Factories machines or any item that is used to. An investment is an asset or item acquired with the goal of generating income or appreciation Appreciation refers to an increase in. By investment economists mean the production of goods that will be used to produce other goods This definition differs from the popular usage wherein. Investment macroeconomics In macroeconomics investment consists of the additions to the nations capital stock of buildings equipment. Understanding Investing Investing is to grow ones money over time The expectation of a positive return in the form of income or price..


The law of increasing opportunity cost As you increase the production of one good the opportunity. The law of increasing cost is an economic principle that states that when a supplier increases the. Increasing opportunity costs when the opportunity cost of a good increases as output of the good increases which is..


Relating to trade industry or money Making a profit or likely to make a profit. The word economy describes how a country or place is doing in making goods and how much money it has. Of relating to or based on the production distribution and consumption of goods and services. Economics is the social science which studies economic activity How people make choices to get what they want..



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