Sustainable development means designing the right mix of economic, social and environmental policies for today and for tomorrow. How to use economic in a sentence. It’s about gender value The Economist explains Does it make sense to refer to EU officials as “unelected bureaucrats”? Similar: secular; temporal; worldly (characteristic of or devoted to the temporal world as opposed to the spiritual world) Derivation: economy (an act of economizing; reduction in cost) Sense 5. Find more ways to say make sense, along with related words, antonyms and example phrases at Thesaurus.com, the world's most trusted free thesaurus. Pollution taxes of this kind would send a signal to industrialists and consumers that pollution does not make economic sense, but the prevention of pollution does. The World Economic Forum, which has been measuring competitiveness among countries since 1979, defines it as “the set of institutions, policies and factors that determine the level of productivity of a country”. Rational choice theory says individuals rely on rational calculations to make rational choices that result in outcomes aligned with their best interests. 3 be easy to understand or explain: John wasn’t making much sense … Microeconomics is the study of individuals, households and firms' behavior in decision making and allocation of resources. Learn more. Despite the higher cost and lower conception rates, however, sexed semen can make a world of economic sense. To make a film or…. See more. The idea of the Big Push is one of the earliest in development economics, coined by Rosenstein-Rodan over 60 years ago in the context of a classic work on “the problem of industrialization of eastern and south-eastern Europe”. Studies show that feeling a sense of belonging in the workplace leads to more than just good vibes and friendships. Find more ways to say sense, along with related words, antonyms and example phrases at Thesaurus.com, the world's most trusted free thesaurus. The GDP has fallen by well over 50 percent. 「make sense」の意味と使い方を解説します。「make sense」には2つの意味があります。ネイティブは「make sense」を様々な文章で使います。今回はそんなネイティブが日頃多用する「make sense」をわかりやすく解説していきます。 What Is Sustainable Development? In other words, it’s the excess money a company earned from one course of action over another had they chosen differently. make ˈsense 1 have a meaning that you can easily understand: This sentence doesn’t make sense — there’s no verb in it. The essence of the economic case for migration is very simple: it is the same as the case for markets in general. Whenever America has had its back against the wall, we have acted together to lay the foundation — through public investment and a strong social contract — for the American people to pull together and push forward. Definition: Economic profit is the profitability measurement that calculates the amount that revenues received from selling a product exceeds opportunity costs incurred from using resources to make and sell these products. It’s double the size of the Greek crisis. The world is a complex place, full of confusing data. Addressing the AI & the New Digital World Ahead session at FICCI's 93rd Annual General Meeting on a fireside chat with FICCI President Dr Sangita Reddy, Nadella said, "The ability to use How to use make sense in a sentence. Chapter 2. Teaching in London is a rewarding and unique opportunity for many teachers. Another word for make sense. That is unless you’re happy with the 50-50 roll of the heifer/bull coin tossed by Mother Nature. Just like a model of a spitfire is a smaller version of the real airplane. and does it make sense for Ethiopia? In the narrowest sense, accountability is equated with answerability; it refers to the obligation to give an account of one’s action to particular individuals, groups, or organizations. This Common Sense Economics website, its accompanying textbook and its course package provide tools to help make economics fun.This site provides speedy electronic resource guidance, quality supplements, economic examples, quick links to cool stuff, information on a full multi-media course package and workshop announcements on how to get trained to teach a course using … HAUSMANN: The current situation is the biggest economic collapse in human history outside of war or state collapse. In that case, obviously, it makes little sense to pay more for the chance. in economic terms they are very privileged. We create economic models to make sense of some of that information. With the draws of living and working in a world capital, great schools and the added reassurance of salary weighting, is it a no-brainer for those eager to have a long-term career in teaching? Another word for sense. Economists say there’s a reason the phenomenon has worked in the U.S.: it doesn’t make any financial sense for the bike companies. 2 be a sensible or practical thing to do: It makes sense to buy a house now because prices will certainly go up soon. It explains how the people involved with an organization are making a difference, gives them a sense of meaning, and draws their support. If we want to maintain economic growth, reduce poverty and save our environment, we must think hard about the choices we make. Economists on both the Left and Right have supported the idea of a … The Biden economic recovery plan for working families will build our economy back better. Make sense definition is - to have a clear meaning : to be easy to understand. It generally applies to markets of goods and services and deals with individual and economic issues. The Economic Dimension of Community: The economic dimension of community is its various ways and means of production and allocation of scarce and useful goods and services (wealth), whether that is through gift giving, obligations, barter, market trade, or state allocations. Meaning definition, what is intended to be, or actually is, expressed or indicated; signification; import: the three meanings of a word. Belonging is what allows employees to feel like they can be their authentic selves without fear of different treatment or punishment—and it has a major impact on performance and retention. Make Economics Fun! Challenges of a Global World Economic definition is - of, relating to, or based on the production, distribution, and consumption of goods and services. Meaning: Financially rewarding. If people make decisions on the basis of their own economic self-interest, this will maximize efficiency, overall output, and, at least on some measures, welfare. The core argument is that make definition: 1. to produce something, often using a particular substance or material: 2. Pareto-optimality, a concept of efficiency used in the social sciences, including economics and political science, named for the Italian sociologist Vilfredo Pareto.. A state of affairs is Pareto-optimal (or Pareto-efficient) if and only if there is no alternative state that would make some people better off without making anyone worse off. National Welfare Fund (Russia): One of two parts of the Russian sovereign wealth fund, the other being the Reserve Fund. Basically, an economic model is a smaller and simplified version of the real thing – the real world. It’s double the size of the economic collapse that occurred during the Spanish Civil War. That is double the size of the U.S. Great Depression. 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