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economic

economic

345 3.7
About the study of money, markets, and how people use resources
  • adjective
  • /ˌiːkəˈnɑːmɪk/
translation icon : económico
  • No one has done a better job than David in explaining the economic gains from trade.
  • economic theory
  • economic model
  • economic policy

But to make a Long story short, economic history wasn't there.

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Examples

  • On the other hand, their predominance turns the usual strategies of economic diplomacy on their head.

    Academic text (2008)
  • "It's hard to imagine many complex economic activities in a settlement that small."

    Academic text (2011)
  • The global system is based on American political and economic, as well as military, strength.

    Academic text (2012)
  • What is the reason, in his view, why his economic plan has fallen so far short?

  • There is therefore a broad consensus, supported by economic logic, that a fall in the dollar is necessary.

    Academic text (2011)
  • The government's top economic experts warn that... without immediate action by Congress... America could slip into a financial panic.

  • The government's top economic experts warn that immediate action is necessary to prevent a financial crisis.

  • David provided a clear analysis of the economic benefits derived from international trade agreements.

  • Recent studies have shown that economic growth is directly linked to higher employment rates.

Compounds

176 2.9

An increase in the goods and services a country makes over time

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

A government's plan for taxes, public spending, and job growth

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

A group of government economists who help the President of the United States make decisions about the economy

economic theory
  • Specialized
11 4.7

A set of ideas that explain how goods, services, and money move in an economy

10 3.2

People give money to help a country, organization, or person improve their economy

A difference in how money and goods are shared between people or groups

economic value
  • Specialized
5 3.3

The amount of money something is worth when it is bought or sold

Money and resources given to help people and countries with their economy

A prediction of how the economy will be in the near future

A plan of actions to manage and improve a country's or company's 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

A group of people with similar income, job and education levels

A United Nations body that coordinates economic and social programs

A set of actions that make, move, and sell goods and services in a country

The study of how people and countries make, share, and use goods and services

economic geography
  • Specialized
1 4.9

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

Organizing a country's money, factories, and workers for war or national emergency

economic rent
  • Specialized
8.2

Extra money earned from land or another resource above what is needed to keep using it

Cutting off trade and money to a country to hurt its economy

economic consumption
  • Specialized
5.7

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

An indicator that shows how well a country's economy is doing

A plan for how countries work together to manage money and trade

Surface Forms

economic positive
economical positive

Morphology

economic = economy (transparent) = econom + ic

The adjectival meaning 'relating to the science of economics' is a straightforward relational derivation from 'economy'/'economics' using '-ic'.

Etymology

Economic comes from the Greek words oikos ('house') and nomos ('manage'), which gives the image of rules for running a household well. So, economic in a scientific sense means the ideas and study about how to manage money and resources.