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

Federal regulators predict strong economic growth and a more robust job market in 2025, along with higher inflation. —Daniel De Visé, USA TODAY, 19 Dec. 2024

Greek economic growth, meanwhile, is expected to come in at 2.1% in 2024 and 2.3% in 2025. —Chloe Taylor, CNBC, 18 Dec. 2024

Trump has talked about cuts in taxes and regulations, which would likely stimulate economic activity. —Don Lee, Los Angeles Times, 18 Dec. 2024

China was a major economic growth area for the NBA, but the relationship was fractured five years ago when then-Houston Rockets general manager Daryl Morey tweeted an image supporting protests in Hong Kong. —Kurt Badenhausen, Sportico.com, 18 Dec. 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