economic analysis
Definition
The study of forces that determine the distribution of scarce resources. Economic analysis provides insight into how markets operate, and offers methods for attempting to predict future market behavior in response to events, trends, and cycles. Economic analysis is also used by governments to determine tax rates and evaluate the financial health of the nation or state.
Use economic analysis in a sentence
“ After our economic analysis was over, we decided to change up our strategy a bit and try something new, that we had not done before. ”
“ The economic analysis of the current climate in the U.S. fiscal policy reveals that there is definitely a movement toward increased debt over savings. ”
“ He was asked to perform an economic analysis that reviewed the market factors that existed now and existed during the last big dip to see if they were headed for another drop. ”
