social accounting

noun

1. the analysis of the economy by sectors leading to the calculation and publication of economic statistics, such as gross national product and national income Also callednational accounting

Example Sentences

The social accounting led Gujral to focus just on immediate family, a handful of close friends and her nanny.

From Washington Post

The message relied too heavily on economic bookkeeping, too little on social accounting, wrote Bertram M. Gross, professor of political science at Syracuse University.

From Time Magazine Archive