economy


Also found in: Dictionary, Thesaurus, Legal, Financial, Acronyms, Idioms, Encyclopedia, Wikipedia.
Related to economy: World economy

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]
References in periodicals archive ?
Gerdau is a big exporter, but Johannpeter says the company always prioritizes the domestic market and that he is confident the local economy will improve this year.
Sachs urges his fellow economists to undertake "clinical economics" to alleviate poverty, diagnosing social ills and prescribing the medicines that address the particular symptoms of a particular economy (and society).
Israel's experience with an economy on a permanent war footing also offers a cautionary tale for the U.S.
In fact, no economic model can begin to address these issues, and there may never be a suitable mathematical methodology to describe the 21st century economy. But there may be an approach possible through a different model, such as the theory of complexity.
Economists generally agree, however, that better economic policies, such as quicker government action to stimulate the economy after the Crash, could have prevented the Depression.
As a consequence, the NAPM-NY non-manufacturing diffusion index, which measures the industry breadth of expansions and contractions, rose from a reading of 57.5 in March to 69.8 in April--since levels above 50 are generally indicative of expansion, the April result clearly suggests that the services side of the economy has put the past recession behind it.
Political scandals and a faltering economy result in the end of LDP leadership.
These shortcomings notwithstanding, this monograph makes a useful and important contribution to our understanding of the fifteenth- and early-sixteenth-century Florentine economy. One now wishes that Tognetti would use his considerable knowledge of the sources and historiographic problems to tackle broader, more complex, and ambitious issues regarding the course of Florence's economy in the late-medieval and early modern centuries.
Some have referred to this new form of political economy as a "commonwealth of information," suggesting the emergence of new political and economic boundaries and new sources of identity, as the Australian IPAC report noted.
In order to pump some money into the economy today, it would require hundreds of billions of dollars in long-term revenue loss." He cited a study by Economy.com that showed that Bush's original proposal of eliminating the tax dividend would have produced "a pitiful nine cents of growth for every dollar in revenue loss."
In consequence, he envisioned a more positive and extensive role for the state, as rule-maker, enforcer of competition, and provider of temporary relief from the hardships and dislocations inflicted by a dynamic, competitive economy. He saw competition and a freely-operating price system as the "core" of a free economy; provided state interventions did not disrupt these, Ropke deemed them "compatible" with capitalism.
The social economy includes non-profit organizations, voluntary and third sector; community based and social solidarity economy.