economic consumption


  • WordNet 3.6
    • n economic consumption (economics) the utilization of economic goods to satisfy needs or in manufacturing "the consumption of energy has increased steadily"
    • ***


  • Raoul Vaneigem
    “Daily life is governed by an economic system in which the production and consumption of insults tends to balance out.”


In literature:

The most obvious economic bearing of these observances is seen in the devout consumption of goods and services.
"The Theory of the Leisure Class" by Thorstein Veblen
The engine thus shows as very economical in consumption, as well as very light in weight.
"A History of Aeronautics" by E. Charles Vivian
Her utmost pace was nine knots, but, as eight was more economical for coal consumption, it was at that speed she moved.
"A Master of Fortune" by Cutcliffe Hyne
The course of nickel prices illustrates the stimulus to economical production afforded by an increased consumption.
"Scientific American Supplement, No. 520, December 19, 1885" by Various
Tobacco injures the general health of the public through the economic loss caused by its consumption.
"Scientific American Supplement, No. 711, August 17, 1889" by Various
They are economical in the consumption of gas, and give trouble only where the quality of gas varies.
"The Home Medical Library, Volume V (of VI)" by Various
The wheat consumption of crows has little significance economically.
"Food of the Crow, Corvus brachyrhynchos Brehm, in South-central Kansas" by Dwight Platt
So much for the human wants which stand as the focus of economic values in the case of articles of immediate consumption.
"The Value of Money" by Benjamin M. Anderson, Jr.
Result, economic anarchy, called "over-production" or "under-consumption" by the economists.
"Socialism and Democracy in Europe" by Samuel P. Orth
Economically, free trade lays stress on consumption as the chief criterion of prosperity.
"Encyclopaedia Britannica, 11th Edition, Volume 11, Slice 1 "Franciscans" to "French Language"" by Various

In news:

Ministry of Economic Development figures show total observed electricity consumption has fallen in three of the past four years.
Energy consumption is expected to increase by 20% over the next 15 years, and its cost and availability will have a substantial impact on the economic health of US manufacturers an.
Tax burden refers to the changes in peoples' after-tax income after all the economic adjustments to the tax have occured throughout the economy as consumption behavior, resource use, and incomes shift to their new patterns.
Does Higher Energy Consumption Cause Greater Economic Output.
Minor, short term (we hope) World economic crisis cut consumption.
Believes the new boom is sustainable if an economic decline does not reduce consumption and force lower prices.
The Wine Market Council reports that wine consumption in the US has held steady over the past three years, despite economic hardship.
With the effects of the global economic crisis now felt in most Asian markets, a number of governments in the region are looking to jump-start growth by encouraging consumer spending through the distribution of consumption vouchers .

In science:

The electronic read-out of the hodoscopes also had to be economical in terms of cost, space and power consumption. A main consideration was the avoidance of high power consuming electronic crates and modules.
Development of a compact scintillator hodoscope with wavelength-shifting fibre read-out
We also consider an economic agent whose preferences over terminal consumption bundles are represented by a utility function U : (0, ∞) → R.
Optimal investment with random endowments in incomplete markets
However, analog correlators can offer a more economic solution if there is no requirement for fine frequency resolution or large delays, b ut very large continuum bandwidth, low power consumption and reduced complexity are required.
A 2-20 GHz Analog Lag-Correlator for Radio Interferometry
For instance, the economic model of Keynes in its simplest form links consumption, investment and production in a linear affine system of deterministic equations.
Fine structure and complex exponents in power law distributions from random maps
Preston (forthcoming): “Consumption inequality and partial insurance,” American Economic Review.
Changes in the Distribution of Income Volatility