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Jan 13, 2015 at 12:19 comment added Bence Racskó This is an old comment, and I am not an economist, but if it is a linear map, then it IS a tensor, if the spaces you mentioned are finite-dimensional. If we denote the vector space of economic conditions as $\mathbb{EC}$ and the space of economic outputs as $\mathbb{EO}$, then that tensor would be an element of the space $\mathbb{EO}\otimes\mathbb{EC}^{*}$, where the star denotes algebraic dualspace.
Sep 23, 2014 at 0:06 comment added user4552 Nice answer. As a simple example, we could have a matrix that came up in economics, and was a linear map from a space of economic conditions to a space of economic outputs. There is no way this would be a tensor, because it wouldn't transform properly.
Feb 2, 2012 at 20:22 history answered Mark Beadles CC BY-SA 3.0