Council of Economic Advisers(CEA)


Legal Definition of Council of Economic Advisers

executive-branch body responsible for advising the president on policy matters relating to the national economy. The council analyzes the national economy and its various segments; appraises the federal government's economic programs and policies; recommends to the president policies for economic growth and stability; and prepares various reports. The administration of the federal budget, as approved by Congress, is controlled by the Office of Management and Budget (OMB), which also advises the president on budget matters and assists in the development of efficient management procedures for the executive branch.

Learn More About Council of Economic Advisers

Dictionary Entries Near Council of Economic Advisers


Council of Economic Advisers


See More Nearby Entries 

Cite this Entry

“Council of Economic Advisers.” Legal Dictionary, Merriam-Webster, Accessed 19 Oct. 2021.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon


Test Your Vocabulary

Dog Words Quiz

  • shiba puppy more or less demanding cuddles
  • Which of the following animals has a dog in its etymology?
Spell It

Can you spell these 10 commonly misspelled words?

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!