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1. Dictionary

   economic

   /ˌiːkəˈnɒmɪk/

   adjective

   • 1. relating to economics or the economy: "the government's economic policy"
   • ▪ (of a subject) considered in relation to trade, industry, and the creation of wealth: "economic history" Similar financialmonetarypecuniarybudgetaryfiscalcommercialtrademercantile
   • 2. justified in terms of profitability: "many organizations must become larger if they are to remain economic" Similar profitableprofit-makingmoneymakingmoney-spinninglucrativeremunerativefinancially rewardingfruitfulgainfulproductivesolventviablecost-effectivesuccessfulcommercialcommercially successfulOpposite unprofitable
   • ▪ requiring fewer resources or costing less money: "solar power may provide a more economic solution" Similar cost-effectiveeffectiveefficientenergy-efficientfuel-efficientenergy-savingfuel-savingworthwhilevaluableadvantageouscheapinexpensivelow-costlow-pricelow-budgetbudgeteconomyreasonablereasonably pricedcut-priceOpposite extravagant

   Word 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.

   Scrabble Points: 14

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2. dictionary.cambridge.org › dictionary › englishECONOMIC | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › dictionary › english

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   ECONOMIC definition: 1. relating to trade, industry, or money: 2. making a profit, or likely to make a profit: 3…. Learn more.

3. www.merriam-webster.com › dictionary › economicEconomic Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › economic

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   The meaning of ECONOMIC is of, relating to, or based on the production, distribution, and consumption of goods and services. How to use economic in a sentence.

4. www.collinsdictionary.com › dictionary › englishECONOMIC definition and meaning | Collins English Dictionary

   www.collinsdictionary.com › dictionary › english

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   Economic means concerned with the organization of the money, industry, and trade of a country, region, or society.

5. dictionary.cambridge.org › dictionary › englishECONOMICS | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › dictionary › english

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   noun. uk / ˌiːkəˈnɒmɪks / us. Add to word list. [ U ] ECONOMICS. the study of the way in which economies work, for example, the way in which they make money and produce and distribute goods and services: One of the laws of economics is that today's shortage is tomorrow's glut. He has a degree in economics.

6. www.investopedia.com › terms › eEconomics Defined with Types, Indicators, and Systems - ...

   www.investopedia.com › terms › e

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   Jun 28, 2024 · Economics is a social science that focuses on the production, distribution, and consumption of goods and services. The study of economics is primarily concerned with...

7. www.britannica.com › money › economicsEconomics | Definition, History, Examples, Types, & Facts |...

   www.britannica.com › money › economics

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   May 18, 2024 · economics, social science that seeks to analyze and describe the production, distribution, and consumption of wealth. In the 19th century economics was the hobby of gentlemen of leisure and the vocation of a few academics; economists wrote about economic policy but were rarely consulted by legislators before decisions were made.

8. www.dictionary.com › browse › economicECONOMIC Definition & Meaning | Dictionary.com

   www.dictionary.com › browse › economic

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   Economic definition: pertaining to the production, distribution, and use of income, wealth, and commodities.. See examples of ECONOMIC used in a sentence.

9. www.oxfordlearnersdictionaries.com › definition › englisheconomic adjective - Definition, pictures, pronunciation and...

   www.oxfordlearnersdictionaries.com › definition › english

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   Definition of economic adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

10. en.wikipedia.org › wiki › EconomicsEconomics - Wikipedia

    en.wikipedia.org › wiki › Economics

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    Economics ( / ˌɛkəˈnɒmɪks, ˌiːkə -/) [1] [2] is a social science that studies the production, distribution, and consumption of goods and services. [3] [4] Economics focuses on the behaviour and interactions of economic agents and how economies work.

11. www.investopedia.com › terms › eEconomy: What It Is, Types of Economies, Economic Indicators - ...

    www.investopedia.com › terms › e

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    May 16, 2024 · An economy is a system of interrelated production and consumption activities that ultimately determine the allocation of resources within a group. The production and consumption...