economic

CEFRB1

/ˌiːkəˈnɒmɪk/

adjective

Türkçe translations

Translating…

In plain English

  1. 01

    adjective

    Related to trade, money, business, or a country's wealth.

  2. 02

    adjective

    Extra detail

    Frugal; cheap (in the sense of representing good value); economical.

Examples

  • More money for education will spur economic growth.

  • The new trade agreement should facilitate more rapid economic growth.

At a glance

Sits at B1 on the CEFR scale

Senses
5
Parts of speech
1
Citations
3
Synonyms
5

Also pronounced

  • /ˌe-/
  • /ˌɛkəˈnɑmɪk/

Deep Dive

adjective

Extra meanings

  1. Pertaining to the study of money and its movement.

  2. Pertaining to an economy.

  3. Pertaining to the management of a household

More examples

In context

  • We should not use foreign workers as a buffer against Japan's economic slowdown.

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

Synonyms

Quick test

Two questions on this entry. Nothing is scored.

Question 1 · Quick check

The blank recession forced many factories to close and lay off thousands of workers.

Practise this properly in the app, where the word comes back before you forget it.

Nearby

Origin

adjective

The noun is derived from Middle English economike, iconomique (“household management”), and then: * from Middle French iconomique, oeconomique, and Old French iconomike (“(noun) household management; person in charge of household management; (adjective) relating to household management; relating to domestic or family matters; relating to management of a state; reducing costs or expenses, economical”) (modern French économique); and * from their etymon Latin oeconomicus (“(noun) household manager, housekeeper, steward; (adjective) relating to orderly arrangement of written material”) (whence Late Latin economicus (“relating to (management of) a household”)), and economica (“household managem...