economy

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economy

 [e-kon´o-me]
the management of money or domestic affairs.
token economy a program of treatment in behavior therapy, usually conducted in a hospital setting, in which the patient may earn tokens by engaging in appropriate personal and social behavior, or lose tokens by inappropriate or antisocial behavior; tokens may be exchanged for tangible rewards (such as food snacks or clothing) or for special privileges (such as watching television or passes to leave the hospital).

e·con·o·my

(ē-kon'ŏ-mē),
System; the body regarded as an aggregate of functioning organs.
[G. oikonomia, management of the house, fr. oikos, house, + nomos, usage, law]

economy

/econ·o·my/ (e-kon´ah-me) the management of domestic affairs.
token economy  in behavior therapy, a program of treatment in which the patient earns tokens, exchangeable for rewards, for appropriate personal and social behavior and loses tokens for antisocial behavior.
References in periodicals archive ?
Tim Pinnegar, Publisher and Managing Director of The Economist Group Asia-Pacific said: "Offering our unique content in local language opens up an entirely new market to us that was not possible to tap into before.
But even with formal path dependency analysis--as with traditional historical analysis--defining which initial factors are crucial in determining later evolution, has led recently to a highly contentious debate among economists and economic historians, for example, about why poor countries have failed to develop.
The forecast's economists believe that a recession is unlikely because of modest growth levels as measured by gross domestic product at the national level and employment at the state level.
Many economists view the Internet boom as a bubble, in which speculators buy stock not because they think it will be valuable in the long run but because they expect to sell it quickly for a profit.
A "riot" among economists might not call for crowd control, but the paper does evoke strong reactions.
Economics is too important to be left just to the economists.
Chris Leung Shiu Kay, Principal China Economist, DBS Bank
The Economist Quotient (EQ) of cabinet is much lower than the LQ.
As long as economists see but a single ladder out of the morass of underdevelopment, this is the best that citizens of two-thirds world can hope for.
And we have integrated our audio edition, read by professional newscasters, for easy switching between reading and listening,' stated John Micklethwait, editor-in-chief of The Economist.
Digital and print subscribers can receive full access to The Economist on iPad, iPhone and iPod touch as well as The Economist online by using their print or online subscription details.
Rabih El-Amine, Managing Director of GBC KSA, said: "We are proud to become more closely involved with The Economist Group in Saudi Arabia and to extend our Economist operations to include the Levant and Egypt.