Definition of economic in English:
economic
See synonyms for economicTranslate economic into Spanish
adjective
1Relating to economics or the economy.
‘the government's economic policy’- ‘pest species of great economic importance’
- ‘Negotiations have been complicated by court rulings over economic policy.’
- ‘The two political leaders conduct their argument on the margins of economic policy.’
- ‘Getting the public finances back into balance must be a key objective of economic policy.’
- ‘There are different views about the importance of regulating global economic processes.’
- ‘It represents the Union's first effort to develop a common policy in a major economic sphere.’
- ‘We should remember that economic downturns, accounting irregularities and even geopolitical issues are nothing new.’
- ‘Even given Japan's overall economic recovery, investing in real estate remains a gamble.’
- ‘High-tech industries threatened to leave California, thus jeopardizing the state's new economic prosperity.’
- ‘There is no question that economic sanctions contributed to this result, but at what price?’
- ‘We learned that economic sanctions over a long period of time and patient diplomacy can work.’
- ‘Talk of new economic policies and tangible tax cuts are welcome - and perhaps overdue.’
- ‘Argentina has been crippled for months by the worst economic crisis in its history.’
- ‘The world is in a great economic crisis.’
- ‘Moreover, the political situation, worsened by great economic hardship, remained extremely tense.’
- ‘As a result, the government's purely economic reforms lacked boldness after this dramatic overture.’
- ‘The potential scenarios are endless, but all are economic in nature.’
- ‘At present, the United States is the dominant world economic and technological power.’
- ‘They are often viewed as agents responsible for the changing world economic, political, and social order.’
- ‘Thus we can expect economic down cycles caused by oil shortages and higher prices to happen very fast.’
- ‘Productivity levels of the skilled and educated labour force are still high despite the current economic down turn.’
- 1.1(of a subject) considered in relation to trade, industry, and the creation of wealth.‘economic history’
- ‘Economics and lessons from economic history suggest that this may well be the case.’
- ‘This book can be used with profit to grasp the essentials of British financial and economic history in these years.’
- ‘Ethnic relations in Saint Lucia are a product of the economic history of the island.’
financial, monetary, pecuniary, budgetary, fiscal, commercial, trade, mercantileView synonyms
2Justified in terms of profitability.
‘many organizations must become larger if they are to remain economic’- ‘The recipe of conditions that will make collaboration economic must have not yet come together.’
- ‘It is, of course, part of the problem that we do not have an economic immigration policy.’
profitable, profit-making, moneymaking, money-spinning, lucrative, remunerative, financially rewarding, fruitful, gainful, productiveView synonyms- 2.1Requiring fewer resources or costing less money.‘solar power may provide a more economic solution’
- ‘Many car parks are going because high land prices make building flats more economic.’
cost-effective, effective, efficient, energy-efficient, fuel-efficient, energy-saving, fuel-saving, worthwhile, valuable, advantageous, cheap, inexpensive, low-cost, low-price, low-budget, budget, economy, reasonable, reasonably priced, cut-priceView synonyms
Pronunciation
Usage
Economic means 'concerning economics': he's rebuilding a solid economic base for the country's future. Economical is commonly used to mean 'thrifty, avoiding waste': small cars should be inexpensive to buy and economical to run
Origin
Late Middle English via Old French and Latin from Greek oikonomikos, from oikonomia (see economy). Originally a noun, the word denoted household management or a person skilled in this, hence the early sense of the adjective (late 16th century) ‘relating to household management’. Modern senses date from the mid 19th century.
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