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

Some economists attribute that fall to a two-year government initiative to reduce risky borrowing and lending. WSJ, "Cash Flows: Beijing Opens the Taps With Rail Projects and More Lending," 13 July 2018 In 1979, the people most likely to work more than 50 hours a week were men with the lowest hourly wages, according to research by Peter Kuhn and Fernando Lozano, economists at the University of California, Santa Barbara. Livia Gershon, Longreads, "Clocking Out," 11 July 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 worker power. Washington Post,, "States launch investigation targeting fast-food hiring practices," 9 July 2018 Some economists have worries, but most point out that today’s market and regulatory conditions are markedly different. Kenneth R. Harney,, "Booming Home Equity: Financial Opportunity Or Warning Sign?," 28 June 2018 In the meantime, economists expect the suit to make a turbulent insurance market even more uncertain. Sarah Gantz,, "Ever been depressed? Had cancer? Preexisting conditions can define your future," 28 June 2018 Which is probably how some economist hit upon the idea of applying a cost-benefit analysis to sitting in traffic. Nick Stockton, WIRED, "Traffic Doesn’t Hurt the Economy—But We Should Still Fix It," 26 June 2018 Some economists remained nonplussed by the escalating tensions, pointing out that while the United States imports more than $500 billion worth of goods from China, the value of our exports is only around $130 billion. NBC News, "Beijing has tactics besides just tariffs to hurt the U.S. in a trade war," 19 June 2018 Some economists say companies have invested too little in capital equipment that would accelerate worker productivity. Josh Boak, Fox News, "Weak pay growth puzzles Fed chief, just like everyone else," 14 June 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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Last Updated

14 Sep 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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