economic
- adjective
- /ˌiːkəˈnɑːmɪk/
- In the end, however, he justified his decision to buy in purely economic terms.
- an economic benefit
- an economic loss
- economic value
What what, What are the tremendous economic wins?
- What what, What are the tremendous economic wins?
- And you know, it's that's like been an enormous economic boon to Jersey City and Hoboken, right?
- It's like the economic value that is incalculable.
- And sometimes you bet for economic advantage and sometimes just for adventure.
- This, they say, created the false pretence that his economic incentives aligned with his public recommendations.
- And those decisions were entirely economic.
- And they are going to try to block us out of being partners in future economic deals.
Examples
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And don't do things that don't make economic sense only for tax reasons.
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Does it make economic sense to rent a car like I rent an apartment?
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The answer is pretty simple and that it typically makes economic sense.
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But a track of this length makes little economic sense.
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And one of the things that I have always focused in on is the economic benefits of doing that.
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Oh, that would be great if it makes any economic sense.
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It's nice to hear an economic success story in these hard times.
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Higher energy prices increased incentives for and potential economic gains from greater domestic exploration and production.
Academic text (1990) -
So cranberry farmers bore the brunt of economic loss when this was discovered.
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Investing in renewable energy sources is an economic choice for reducing long-term costs.
Synonyms
Makes more money than it costs
Making a lot of money from work or business
Gives good results while using little money
Work or activity that makes money for you
Gives good results while using little money
Likely to earn money
Compounds
A period when a country's economy becomes very weak and many people lose jobs
A process in which a region or country becomes richer and people live better
The way a country organizes how it makes, shares, and uses goods and services
The state of jobs, prices, and business activity in a country at a particular time
- Formal
A group of government economists who help the President of the United States make decisions about the economy
- Specialized
A set of ideas that explain how goods, services, and money move in an economy
People give money to help a country, organization, or person improve their economy
A person who studies and gives advice about how a country's money and businesses work
Basic systems like roads, ports, power, and water that a country needs for its economy
An organization of European countries set up in 1957 that later became the European Union
- Formal
A United Nations body that coordinates economic and social programs
The study of how people and countries make, share, and use goods and services
- Specialized
The study of where people make, move, and use goods and services
A group set up by the UN Economic and Social Council to study and advise on economic or social issues
A person who wants people to have as much economic freedom as possible and little government control
- Formal
Organizing a country's money, factories, and workers for war or national emergency
- Specialized
Extra money earned from land or another resource above what is needed to keep using it
- Specialized
The use of goods and services to meet needs or make other goods
A United Nations group that helps African countries develop their economies
A UN group that helps Asian and Far Eastern countries develop their economies
An organization in the United Nations that helps European countries work together on economic matters
A United Nations group that helps Latin American countries grow their economies
A study of things from the earth that people use, like minerals, ores, and fuels
- Formal
A plan for how countries work together to manage money and trade
How Profitable
Surface Forms
Morphology
Etymology
Economic comes from the Greek oikos ('house') and nomos ('manage'), and it originally meant running a household so it saves or makes money, like in economy or economical. So, economic can mean 'profitable' or 'cost-effective'—good for saving or making money.