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

• profitable
• lucrative

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

Why is Trump so determined to kibosh economic growth in Texas, where last Saturday afternoon solar power met 31% of the grid’s 77 gigawatts of power demand and wind power provided 15%? —Christopher Helman, Forbes.com, 2 July 2025

Powell on Tuesday said the Fed continues to monitor the effect of tariffs on economic growth and inflation. —Anne Marie D. Lee, CBS News, 1 July 2025

How can Canada ensure that its political, military, and economic institutions survive? —Stephen Marche, The Atlantic, 1 July 2025

Standard Bank estimates such tariffs could reduce economic growth by as much as 1.5 percentage points from current projections of 4% GDP growth this year. —Yinka Adegoke, semafor.com, 1 July 2025

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

Rhymes for economic

• anatomic
• antidromic
• astronomic
• autonomic
• cryptogamic
• diatomic
• ergonomic
• gastronomic
• monatomic
• psychonomic
• subatomic
• taxonomic

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