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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. 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.

5. 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...

6. 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.

7. www.khanacademy.org › economics-finance-domainIntroduction to economics (video) | Khan Academy

   www.khanacademy.org › economics-finance-domain

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   About Transcript. In this video, we introduce the field of economics using quotes from the person that many consider to be the "father" of economics: Adam Smith. Topics include the definition of economics, microeconomics, and macroeconomics as a field and the role of assumptions in economic decisionmaking.Created by Sal Khan.

8. 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.

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. dictionary.cambridge.org › dictionary › learner-englishECONOMIC | meaning - Cambridge Learner's Dictionary

    dictionary.cambridge.org › dictionary › learner-english

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

11. www.merriam-webster.com › dictionary › economicsEconomics Definition & Meaning - Merriam-Webster

    www.merriam-webster.com › dictionary › economics

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    The meaning of ECONOMICS is a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services. How to use economics in a sentence.