economic

adjective

eco·​nom·​ic ˌe-kə-ˈnä-mik  ˌē-kə- 

1

a

: of, relating to, or based on the production, distribution, and consumption of goods and services

economic growth

b

: of or relating to an economy

a group of economic advisers

c

: of or relating to economics

economic theories

2

: economical sense 1

3

: having practical or industrial significance or uses : affecting material resources

4

: profitable

5

archaic : of or relating to a household or its management

Synonyms

• fat
• gainful
• juicy
• lucrative
• money-spinning [chiefly British]
• moneymaking
• paying
• profitable
• remunerative

Examples of economic in a Sentence

a program to prevent inflation and economic collapse

the President's chief economic adviser

We're looking for a more economic way of doing business.

Recent Examples on the Web

Population trends, economic growth and per capita incomes are shaping the different monetization models and growth rates within the video industry across Asian markets. —Patrick Frater, Variety, 25 Sep. 2024

The region's political and economic landscape can be complex, potentially deterring some international investors. —Josipa Majic Predin, Forbes, 25 Sep. 2024

Several other high-quality polls conducted after the debate show Harris narrowing Trump’s advantage with voters on economic issues by double digits, including polls from AP-NORC, NBC News and Fox News. —Rebecca Picciotto, CNBC, 25 Sep. 2024

Trump initially stressed the importance of increasing oil production and cutting corporate tax rates and preserving tax breaks for the wealthy to spur economic growth. —Christiaan Hetzner, Fortune, 25 Sep. 2024

Word History

Etymology

borrowed from Middle French & Medieval Latin; Middle French yconomique "relating to domestic affairs, relating to the management of a household," borrowed from Medieval Latin oeconomicus (Latin as the title of Xenophon's dialogue Oeconomicus), borrowed from Greek oikonomikós "of a householder or manager, practiced in household or financial management," from oikonómos "manager of a household, steward" + -ikos -ic entry 1 — more at economy entry 1

First Known Use

1599, in the meaning defined at sense 5

Phrases Containing economic

• anti-economic
• economic nationalism
• economic populism
• economic rent
• exclusive economic zone
• socio-economic

Kids Definition

economic

adjective

ec·​o·​nom·​ic

ˌek-ə-ˈnäm-ik,

ˌē-kə-

1

a

: of or relating to the science of economics

economic theories

b

: of, relating to, or based on the production, distribution, and consumption of goods and services

economic growth

2

: having practical or industrial uses : affecting material resources

economic pests