econ·​o·​mist | \i-ˈkä-nə-mist \

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

But some economists say three rate increases for next year are beginning to look less certain. Martin Crutsinger, The Seattle Times, "Powell: US economy and banks seem sturdy but face some risks," 28 Nov. 2018 Last week, security forces arrested an economist, Abdel Khalek Farouk, for publishing a book critical of the government’s handling of the economy. Jared Malsin, WSJ, "Egypt Arrests Human-Rights Lawyers as Crackdown on Critics Intensifies," 2 Nov. 2018 Like all other Texas cities, San Antonio has benefited from a statewide economic boom, which economist Ed Glaeser attributes to the state’s favorable combination of low regulation, good weather, and cheap housing. Patrick Sisson, Curbed, "San Antonio, the nation’s fastest-growing city, sees downtown rebound," 23 Oct. 2018 Paychecks for most American workers have stagnated, despite low unemployment and high economic growth, leading some economists to blame weaker union rights and other constraints on workers’ power. Jeff Stein,, "Mass., 10 other states probing fast-food industry policy that stops workers from changing jobs," 9 July 2018 The daughter of an English actress and an American economist, Fox was born in New York but moved every year of her childhood, according to her biography on WME Speakers, a division of WME talent agency. Sam Dangremond, Town & Country, "Robert F. Kennedy Jr. Says He Couldn't Be Happier for His Son to Marry Former CIA Officer Amaryllis Fox," 26 June 2018 The first round of tariffs on Chinese goods will hurt U.S. and foreign multinationals more than domestic Chinese companies, according to economist Mary Lovely of the Peterson Institute for International Economics. David J. Lynch,, "Popularity of tariffs on China may lead to political pain for Trump," 23 June 2018 Investors and economists closely watch the corporate-debt market because changes in borrowing costs can alter investment decisions and mean the difference between viability and bankruptcy for businesses at the bottom end of the ratings spectrum. Sam Goldfarb, WSJ, "Debt-Market Slowdown Troubles Investors," 18 Nov. 2018 But economists are skeptical that will do much to boost American car exports. Alexia Fernández Campbell, Vox, "Trump’s new trade deal with South Korea, explained," 24 Sep. 2018

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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Statistics for economist

Last Updated

7 Dec 2018

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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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Britannica English: Translation of economist for Arabic Speakers

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