Economic

Quick meaning: Economic is an adjective meaning Pertaining to an economy.

Meaning

Pertaining to an economy.

More Meanings

1. Frugal; cheap (in the sense of representing good value); economical.
2. Pertaining to the study of money and its movement.
3. (uncountable) The art or science of household management, especially relating to the appropriate organization of resources; housekeeping.
4. One who is skilled in household management.
5. One who manages the income of a vacant benefice.
6. (obsolete) Pertaining to the management of a household

Example Sentences

And doth employ her Oeconomick Art, and buisy Care, her Houshold to preserve

There is much talk of tyranny in the political realm, but little is said about the tyrannies in the economic realm, a primary one being the tyranny of high costs: high costs crush the economy from within and enslave those attempting to start enterprises or keep their businesses afloat.

Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too. GDP measures the total value of output in an economic territory. Its apparent simplicity explains why it is scrutinised down to tenths of a percentage point every month.

Word Forms

• economick
• economics

Synonyms for economic

Depending on context, synonyms include penny-pinching, thrifty, bargainous, low-cost, abstemious, canny.

Related Words

Related dictionary entries include profitable, efficient, worldly, economical, macroeconomic, economy.

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