economic — meaning in English: economic

Learn this word with quizzes, examples and more on Maspeak.

Guess the translation for economic

admit

base

responsibility

economic

certainly

Skip this question

🎓

Learn English for free

Quizzes, examples, audio & daily challenges. No password needed — just your email.

Start learning →

Already have an account? Log in

formal common

Usage

Native speakers often use the word 'economic' when discussing financial matters, such as in news articles about market trends or government policies. In academic settings, 'economic' is frequently employed in research papers addressing fiscal theories or economic models.

Synonyms & nuances

'Economic' is often used in contexts related to finance or the economy, while 'economical' refers specifically to efficiency and cost-effectiveness. You would choose 'economic' when discussing broader fiscal systems and policies, whereas 'economical' fits better for discussions about smart spending or resource management.

Culture

The word 'economic' comes from the Greek 'oikonomikos,' meaning 'skilled in household management.' This reflects the roots of economics as a discipline concerned with resource allocation. Interestingly, the word evolved over centuries, transitioning from household management to its modern implications in global markets and finance, showcasing how our understanding of resources has expanded.

FAQ

Q.What does economic mean?

'Economic' refers to anything related to the economy, including financial systems, market activities, and resource management. It encompasses both the practical aspects of economics and broader discussions on fiscal policies.

Q.How do you pronounce economic?

'Economic' is pronounced as /ˌiː.kəˈnɒm.ɪk/ in British English and /ˌiː.kəˈnɑː.mɪk/ in American English. It's important to stress the second syllable.

Q.Is it correct to say economical when referring to economic issues?

No, while 'economic' refers to issues related to the economy, 'economical' relates to efficient use of resources. Using them interchangeably can lead to confusion.

Learn english with Maspeak →

English 1000