Economic means concerned with the organization of the money, industry, and trade of a country, region, or society.
...Poland's radical economic reforms.
The pace of economic growth is picking up.
Synonyms: financial, business, trade, industrial More Synonyms of economic
economically (iːkənɒmɪkli, ek-)adverb [ADVERB adjective/-ed, ADVERB after verb]
...an economically depressed area.
Small English orchards can hardly compete economically with larger French ones.
Economically and politically, this affair couldn't come at a worse time.
2. adjective
If something is economic, it produces a profit.
The new system may be more economic but will lead to a decline in programme quality.
More Synonyms of economic
economic in British English
(ˌiːkəˈnɒmɪk, ˌɛkə-)
adjective
1.
of or relating to an economy, economics, or finance
economic development
economic theories
2. British
capable of being produced, operated, etc, for profit; profitable
the firm is barely economic
3.
concerning or affecting material resources or welfare
economic pests
4.
concerned with or relating to the necessities of life; utilitarian
5. a variant of economical
6. informal
inexpensive; cheap
economic in American English
(ˌɛkəˈnɑmɪk; ˌ ikəˈnɑmɪk)
adjective
1.
of or having to do with the management of the income, expenditures, etc. of a household, business, community, or government
2.
of or having to do with the production, distribution, and consumption of wealth
3.
of or having to do with economics
4.
of or having to do with the satisfaction of people's material needs
economic biology
5.
economical (sense 2)
Word origin
L oeconomicus < Gr oikonomia: see economy
Examples of 'economic' in a sentence
economic
More important to him may be economic nationalism.
Times, Sunday Times (2016)
This makes political but not economic sense.
Times, Sunday Times (2016)
This will push up inflation and contribute to slower economic growth.
Times, Sunday Times (2016)
Culture had been pressed into service as a new economic sector.
Times, Sunday Times (2017)
They have fled as their native island has tumbled into economic crisis.
Times, Sunday Times (2016)
There was an ongoing economic downturn.
Smithsonian Mag (2017)
The survey suggests that the eurozone's economic recovery will continue.
Times, Sunday Times (2016)
It comes after warning in July that economic and political uncertainty could hit earnings.
The Sun (2016)
Rural wage growth has now collapsed; wider economic growth and investment has dropped sharply.
Times, Sunday Times (2016)
Previous studies have shown that financial shocks and unemployment can harm relationships but the new figures suggest that the economic recovery has made couples more unhappy.
Times, Sunday Times (2016)
The economic recovery would be at risk under anybody else.
Times, Sunday Times (2010)
The economic pain may emerge to gradually change minds in large numbers.
Times, Sunday Times (2016)
They became economic and social radicals in the process.
Garraty, John Arthur The American Nation: A History of the United States to 1877 (1995)
The presidential election will be conducted against a backdrop of seismic political and economic turmoil.
Times, Sunday Times (2014)
The population is growing again and economic growth has been above average for a sustained period.
Times, Sunday Times (2011)
The economic downturn has hit young people hardest.
The Sun (2010)
Such concerns may be a source of new economic energy.
A Conceptual View of Human Resource Management: Strategic Objectives, Environments,Functions
Partly because the economic crisis has left us without the means for anything more decadent.
Times, Sunday Times (2012)
So the economic downturn may have us tightening our belts in more ways than one.
The Sun (2010)
Other interpretations focus on economic and political factors.
Sanderson, Stephen K. Macrosociology: An Introduction to Human Societies (1995)
The company is performing well despite the economic downturn.
Times, Sunday Times (2011)
Other factors such as family background and economic status may also be considered.
Times, Sunday Times (2016)
Older people have shrugged off the economic downturn and headed overseas on long trips.
Times, Sunday Times (2014)
Stronger economic growth has boosted the number of people in work but it has not yet boosted productivity.
Times, Sunday Times (2014)
The pace of economic recovery is thus likely to remain very weak over the next few months at least.
Times, Sunday Times (2012)
Computer games may sound trivial but they represent the cutting edge of technology and a huge new economic sector.
Times, Sunday Times (2010)
Actions taken for reasons of political and economic expediency have been presented as if altruism were the sole motive.
Salkie, Raphael The Chomsky Update - Linguistics and Politics (1990)
But they will strengthen the structural underpinnings of economic growth and do it no harm in the short term.
Times, Sunday Times (2010)
The aim is to avoid cuts in teaching or research that might hold back the contribution of universities to the economic recovery.
Times, Sunday Times (2009)
Does the pick-up in consumer confidence point to an economic recovery?
Times, Sunday Times (2009)
The pessimistic outlook is likely to persist next year unless there is a radical improvement in economic conditions, he said.
Times, Sunday Times (2011)
He suspects he could have cut it faster in the first couple of years, before the euro crisis sparked an economic slowdown.
Times, Sunday Times (2015)
And all around us new economic powers emerging which are as strong or stronger thanany individual European nation acting on its own.
Times, Sunday Times (2016)
In other languages
economic
British English: economic /ˌiːkəˈnɒmɪk; ˌɛkə-/ ADJECTIVE
Economic means concerned with the organization of the money, industry, and trade of a country, region, or society.
...Poland's economic situation.
American English: economic
Arabic: اِقْتِصَاديّ
Brazilian Portuguese: econômico
Chinese: 经济学的
Croatian: ekonomski
Czech: ekonomický hospodářský
Danish: økonomisk
Dutch: economisch
European Spanish: económico Economía
Finnish: talous-
French: économique
German: wirtschaftlich
Greek: οικονομικός
Italian: economico
Japanese: 経済の
Korean: 경제학의
Norwegian: økonomisk
Polish: ekonomiczny
European Portuguese: económico
Romanian: economic
Russian: экономический
Latin American Spanish: económico
Swedish: ekonomisk
Thai: เกี่ยวกับเศรษฐกิจ
Turkish: ekonomi
Ukrainian: економічний
Vietnamese: thuộc về kinh tế
All related terms of 'economic'
economic boom
If there is a boom in the economy , there is an increase in economic activity, for example in the amount of things that are being bought and sold.
economic good
a commodity or service that can be utilized to satisfy human wants and that has exchange value
economic rent
a payment to a factor of production (land, labour , or capital) in excess of that needed to keep it in its present use
economic zone
the coastal water and sea bed around a country's shores , to which it claims exclusive rights for fishing, oil exploration , etc
economic cycle
A cycle is a series of events or processes that is repeated again and again, always in the same order.
economic future
The future is the period of time that will come after the present, or the things that will happen then.
economic policy
A policy is a set of ideas or plans that is used as a basis for making decisions , especially in politics , economics , or business.
economic theory
The theory of a practical subject or skill is the set of rules and principles that form the basis of it.
socio-economic
Socio-economic circumstances or developments involve a combination of social and economic factors .
economic activity
Activity is a situation in which a lot of things are happening or being done.
economic analyst
a specialist in economics
economic argument
An argument is a statement or set of statements that you use in order to try to convince people that your opinion about something is correct .
economic blockade
an embargo on trade with a country, esp one which prohibits receipt of exports from that country, with the intention of disrupting the country's economy
economic downturn
If there is a downturn in the economy or in a company or industry , it becomes worse or less successful than it had been.
economic embargo
a legal stoppage of commerce , usually taken by one nation or group of nations to harm the economy of another nation or group, often to force a political change
economic geography
the study of the geographical distribution of economic resources and their use
economic geology
the study of how geological deposits can be used as economic resources
economic hardship
Hardship is a situation in which your life is difficult or unpleasant , often because you do not have enough money.
economic indicator
a statistical measure representing an economic variable
economic migrant
a person who moves from one region, place, or country to another in order to improve his or her standard of living
economic miracle
If you say that a good event is a miracle , you mean that it is very surprising and unexpected .
economic problems
A problem is a situation that is unsatisfactory and causes difficulties for people.
economic reality
The reality of a situation is the truth about it, especially when it is unpleasant or difficult to deal with.
economic recovery
When there is a recovery in a country's economy , it improves .
economic sanctions
any actions taken by one nation or group of nations to harm the economy of another nation or group, often to force a political change
economic situation
You use situation to refer generally to what is happening in a particular place at a particular time, or to refer to what is happening to you.
economic determinism
a doctrine that states that all cultural , social, political, and intellectual activities are a product of the economic organization of society
economic management
the management of the resources , finances , income , and expenditure of a community, business enterprise , etc
economic performance
Someone's or something's performance is how successful they are or how well they do something.
economic powerhouse
A powerhouse is a country or organization that has a lot of power or influence .
economic rationalism
an economic policy based on the supposed efficiency of market forces, characterized by minimal government intervention , tax cuts, privatization, and deregulation of labour markets
New Economic Policy
an economic programme in the former Soviet Union from 1921 to 1928 that permitted private ownership of industries, etc
European Economic Area
a free-trade area created in 1994 by an agreement between the European Free Trade Association (EFTA), excluding Switzerland , and the European Union (EU)
exclusive economic zone
the coastal water and sea bed around a country's shores , to which it claims exclusive rights for fishing, oil exploration , etc
European Economic Community
the former W European economic association created by the Treaty of Rome in 1957; in 1967 its executive and legislative bodies merged with those of the European Coal and Steel Community and the European Atomic Energy Community to form the European Community (now part of the European Union )
Council of Economic Advisors
(in the US) a body of economists who advise the President on economic issues and whose chairperson can speak on behalf of the administration on economic issues
Economic and Monetary Union
→ the Economic and Monetary Union
National Economic Development Council
an advisory body on general economic policy in Britain, composed of representatives of government, management , and trade unions: established in 1962; abolished in 1992
the Economic and Monetary Union
a union of nations within the European Union sharing a single market and a single currency (the Euro )
Benelux
The Benelux countries are Belgium, the Netherlands, and Luxembourg.
Organization for European Economic Cooperation
the former and original name (1948-1961) of the Organization for Economic Cooperation and Development
Organization for Economic Cooperation and Development
an organization of 30 developed countries that aims to achieve the highest sustainable economic growth and employment and living standards around the world