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Economic
//ˌiː.kəˈnɒm.ɪk// adj
Definitions
Adjective
- 1 Pertaining to an economy.
"Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too. GDP measures the total value of output in an economic territory. Its apparent simplicity explains why it is scrutinised down to tenths of a percentage point every month."
- 2 Frugal; cheap (in the sense of representing good value); economical.
- 3 Pertaining to the study of money and its movement.
- 4 Pertaining to the management of a household obsolete
"And doth employ her Oeconomick Art, and buisy Care, her Houshold to preserve"
Adjective
- 1 using the minimum of time or resources necessary for effectiveness wordnet
- 2 financially rewarding wordnet
- 3 concerned with worldly necessities of life (especially money) wordnet
- 4 of or relating to the science of economics wordnet
- 5 of or relating to an economy, the system of production and management of material wealth wordnet
Etymology
From Middle French economique, from Latin oeconomicus, from Ancient Greek οἰκονομικός (oikonomikós, “skilled with household management”).
See also for "economic"
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