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To judge the overall condition of a particular country's economy.

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7y ago
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9y ago

Economic indicators are statistics about economic activities. The main purpose of them is to help people stay informed and up to date on the stats.

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Anonymous

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3y ago

What is the purpose of measuring economic indicators?

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Q: What is the purpose of economic indicators?
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Related questions

Is the purpose of economic indicators?

To judge the overall condition of a particular country's economy.


What helps economics judge the overall condition of a particular countrys economy?

A measurement of economic indicators.


What do economic indicators do?

One thing that economic indicators measure is the unemployment rate.


What has the author John Grant written?

John Grant has written: 'A handbook of economic indicators' -- subject(s): Economic conditions, Economic indicators


What happened in 1931 just as economic indicators were beginning to rise?

In 1931, just as economic indicators were beginning to rise:


What do you understand by social indicators of development?

Development depends on both social and economic factors.Accordingly development indicators are distinguished into social indicators and economic indicators.In recent times increasing importance are given to the social indicators of development.So discussion on social indicators of development are of recent origin. Now there is a universally accepted meaning of social indicators of development is accepted and that is clearly different from the economic indicators. everything that does not fall into the category of economy is taken as social. thus social indicators are residual category,i.e, not fall into the economic category. Social indicators of development includes health, education, housing, and employment etc. Of course, these indicators have some economic dimension. The factors responsible for overall improvement of Quality of Life are taken as social indicators. Social indicators are taken as a more wider and integrated area of social concern than that of economic indicators.


What do you understand by term development?

Development depends on both social and economic factors.Accordingly development indicators are distinguished into social indicators and economic indicators.In recent times increasing importance are given to the social indicators of development.So discussion on social indicators of development are of recent origin.Now there is a universally accepted meaning of social indicators of development is accepted and that is clearly different from the economic indicators. everything that does not fall into the category of economy is taken as social. thus social indicators are residual category,i.e, not fall into the economic category. Social indicators of development includes health, education, housing, and employment etc. Of course, these indicators have some economic dimension. The factors responsible for overall improvement of Quality of Life are taken as social indicators. Social indicators are taken as a more wider and integrated area of social concern than that of economic indicators.Read more: What_do_you_understand_by_social_indicators_of_development


What are the various types of economic indicators?

While various indicators may be selected, they are usually classified as indicators that lead, lag, and/or are coincident with economic conditions.


Hdi does not includes economic indicators?

Yes it does!


What economic indicators measures a specific type of economic activity?

Retail sales.


What is the economic indicators measures a specific type of economic activity?

Retail sales


What economic indicators measures of a specific type of economic activity?

Retail sales.