These example sentences are selected automatically from various online news sources to reflect current usage of the word 'economic.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. 2023 Many leaders blame mass layoffs on economic downturns and overhiring, but a Wharton professor blames outdated financial accounting rules that position human capital as an expense worth cutting. 2023 Demand has inched up alongside a historic rise in economic inequality, political turmoil, and mass demonstrations. The Green Economy provides a macro-economic approach to sustainable. It is social because it involves people and their behavior. Established by Congress in 1946, the Council of Economic Advisers is charged with advising the President on economic policy based on data, research. 2023 Is Lamont moving the needle enough toward economic fairness? - Keith M. A green economy is defined as low carbon, resource efficient and socially inclusive. Economics is a social science that examines how people choose among the alternatives available to them. An example of economics is the study of the stock market. noun 113 15 Economics is defined as a science that deals with the making, distributing, selling and purchasing of goods and services. 2023 After climbing for most of 2022, mortgage rates have been trending downward since November, as various economic indicators continue to show inflation may have peaked. The science that deals with the production, distribution, and consumption of wealth, and with the various related problems of labor, finance, taxation, etc. 2023 The pandemic restrictions on crucial trade exacerbated the country’s economic isolation. 2023 Wall Street has long used the Treasury yield curve-the difference between yields on long-term bonds and short-term notes-as a barometer for economic health. Jenna Ortiz, The Arizona Republic, 9 Feb. Carey School of Business found that last year’s Open generated $453.7 million into Arizona’s economy. 9 Robbins describes the definition as not classificatory in 'pick ing out certain kinds of behaviour' but rather analytical in 'focus ing attention on a particular aspect of behaviour, the form imposed by the. Explain the concepts of scarcity and opportunity cost and how they relate to the definition of economics. of or relating to the science of economics. 2023 An economic impact study conducted by Arizona State University’s Seidman Research Institute at W.P. Economics is a science which studies human behaviour as a relationship between ends and scarce means which have alternative uses. Definition of economic pertaining to the production, distribution, and use of income, wealth, and commodities. Alex Demarban, Anchorage Daily News, 10 Feb. It is includes the combination of several institutions, entities, agencies, decision-making processes and patterns of consumption that make up the economic. Meetings and conventions in Anchorage generated more than $80 million in economic benefit that’s spread throughout the city. An economic system is an organized way in which a country allocates resources and distributes goods and services across the whole nation or a given geographic area.Recent Examples on the Web Visit Anchorage said highlights for 2022 include:
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