econ·​o·​mist | \ i-ˈkä-nə-mist How to pronounce economist (audio) \

Definition of economist

1 archaic : one who practices economy
2 : a specialist in economics

Examples of economist in a Sentence

Economists are predicting rapid inflation.

Recent Examples on the Web

China has raised duties on about $120 billion of U.S. products, economists estimate. Joe Mcdonald,, "China exempts some U.S. goods from tariff hikes — but not soybeans," 11 Sep. 2019 Increasingly volatile weather patterns could mean lower income for retail industry employees, who make up roughly 10% of the U.S. workforce, an analysis by Fed economist Brigitte Roth Tran found. Kate Gibson, CBS News, "Climate change could mean big pay swings for 10% of U.S. workers," 11 Sep. 2019 But a broader measure that is often preferred by economists tells a less positive story. Ben Casselman, New York Times, "Share of Americans With Health Insurance Declined in 2018," 10 Sep. 2019 A year ago, the Bay Area was also the most competitive real estate market in the country, along with Seattle, San Diego and Denver, said Redfin lead economist Taylor Marr. Louis Hansen, The Mercury News, "Bay Area home market, getting looser, is still tight," 9 Sep. 2019 On Friday, the Labor Department reported the U.S. economy added just 130,000 jobs in August, missing economist estimates of 150,000 jobs. Benzinga, Detroit Free Press, "Trade hope emerges and the bond rate inversion ends," 8 Sep. 2019 The agency is run by Mark Calabria, who was formerly Vice President Mike Pence's chief economist. Renae Merle, Anchorage Daily News, "Trump administration releases plan to revamp the US housing market," 6 Sep. 2019 Leaving without an agreement could result in disruptions in commerce, according to economists. Fox News, "British PM Boris Johnson dealt major blow as opponents seize parliamentary agenda control," 3 Sep. 2019 The scarier claims about inequality usually stem from the flawed data created by French economist Thomas Piketty and his colleagues. Chris Edwards, National Review, "How the Government Creates Wealth Inequality," 19 Aug. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'economist.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of economist

1586, in the meaning defined at sense 1

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Last Updated

14 Sep 2019

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The first known use of economist was in 1586

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Financial Definition of economist

What It Is

An economist is a social scientist devoted to the study of the relationship between human behavior and supply and demand.

How It Works

The study of economics is generally divided into two areas: microeconomics and macroeconomics. Microeconomics is the study of individual company and consumer behavior. Macroeconomics is the study of the broad economy and its indicators. Both microeconomics and macroeconomics heavily consider the effects of government activity. Economists can further specialize in several disciplines.

Economists subscribe to several schools of economic thought, each of which has a unique set of ideas and explanations about economic situations and policies. Adam Smith, John Maynard Keynes and Karl Marx are prominent examples of economists who have established new schools of economic thought.

Why It Matters

Although economists frequently predict and explain the financial outcomes of certain decisions or events, these financial outcomes are often part of a wider social response. This is why economists frequently incorporate political, cultural, geographical and other factors into their studies.

Source: Investing Answers



English Language Learners Definition of economist

: a person who studies or specializes in economics (sense 1)

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Spanish Central: Translation of economist

Nglish: Translation of economist for Spanish Speakers

Britannica English: Translation of economist for Arabic Speakers

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