economic
adj. US //ˌɛkəˈnɑmɪk// UK //ˌiːkənˈɒmɪk// eco·nom·ic
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1 profitable (adj.) B2 Upper Intermediatemaking enough money to be worth doing.
capable of being maintained or justified by profit; financially viable.
ExampleThe coal mine was closed because it was no longer economic to run.
ExampleThe company decided that the project was no longer economic given the rising costs of raw materials and labor.
- uneconomic
- unprofitable
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2 related to the study of economics (adj.) B2 Upper Intermediate Academic Academicrelated to the science or study of how money and trade work.
relating to the academic discipline of economics.
ExampleShe is reading a book about different economic theories.
ExampleThe professor presented a new economic model that accounts for the impact of climate change on global trade routes.
From Middle French economique, from Latin oeconomicus, from Ancient Greek οἰκονομικός (oikonomikós, “skilled with household management”).
- Nouneconomics
- Adjectiveeconomic
- Adjectiveeconomical
- Adjectivemacroeconomic