Socialist economists have defined social ownership and social property in different ways.
Many economists define a recession as two consecutive quarters of shrinking economic output by the nation as a whole.
Most economists define a recession as two consecutive quarters of economic decline.
How It's Defined How economists define the informal sector varies widely.
I don't know how economists define a depression.
It fell to 3.3 percent in late 2000, achieving briefly what many economists define as the "full employment unemployment rate" for adults.
The cumulative effect has been a sharp drop in the unemployment rate - to a level approaching what some economists define as full employment.
The last recession, as economists define it, ended in 1991.
Some economists define production broadly as all economic activity other than consumption.
Most economists define public goods in terms of'non-excludability' and 'non-rivalrous consumption'.