applied economics

Applied Economics: Meaning and Pronunciation in Urdu

Applied Economics, also known as “اطلاقی معاشیات” in Urdu, is a branch of economics that focuses on the application of economic theories and principles to real-world situations. It involves the use of economic analysis and tools to solve practical problems and make informed decisions.

Meanings of Applied Economics in Urdu:

  • اطلاقی معاشیات: The practical application of economic theories and principles.
  • عملی معاشیات: The practical study of economic activities and their impact.
  • تطبیقی معاشیات: The application of economic concepts to real-life scenarios.

Synonyms of Applied Economics:

  • Economic Application (معاشیاتی اطلاق)
  • Practical Economics (عملی معاشیات)
  • Real-world Economics (حقیقی دنیا کی معاشیات)

Antonyms of Applied Economics:

  • Theoretical Economics (نظری معاشیات): The study of economic principles and concepts in an abstract manner.
  • Pure Economics (صاف معاشیات): The study of economic theories without considering their practical applications.

Nearby Words:

  • Application (noun) – اطلاق
  • Economy (noun) – معیشت
  • Analysis (noun) – تجزیہ
  • Principles (noun) – اصول
  • Decision (noun) – فیصلہ

Origin of the Word:

The term “applied economics” originated in the late 19th century, combining the words “applied” and “economics” to describe the practical application of economic theories.

Example Sentences:

  1. Applied economics helps businesses make informed decisions about production and pricing. (اطلاقی معاشیات کمپنیوں کو تیاری اور قیمتوں کے بارے میں مطلع فیصلے کرنے میں مدد کرتی ہے۔)
  2. The government used applied economics to design effective policies for poverty reduction. (حکومت نے اطلاقی معاشیات کا استعمال کرکے غربت کم کرنے کے لئے موثر پالیسیوں کا تعین کیا۔)

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