# economic

/ˌɛkəˈnɑmɪk/ (US) · /ˌiːkənˈɒmɪk/ (UK)

Source: https://englishreference.com/word/economic
Updated: 2026-06-19

## Senses

### 2. profitable

adjective · CEFR B2

making enough money to be worth doing.

For teachers: capable of being maintained or justified by profit; financially viable.

- The coal mine was closed because it was no longer economic to run.
- The company decided that the project was no longer economic given the rising costs of raw materials and labor.

### 3. related to the study of economics

adjective · CEFR B2 · Academic

related to the science or study of how money and trade work.

For teachers: relating to the academic discipline of economics.

- She is reading a book about different economic theories.
- The professor presented a new economic model that accounts for the impact of climate change on global trade routes.

## Examples

- The country is facing a serious economic crisis.
- The government introduced new economic policies to help small businesses grow and create more jobs.
- While the social benefits of the project were clear, the economic costs proved too high for the local council to justify in the current fiscal year.

---

From EnglishReference.com — a pedagogical English dictionary for learners and teachers. Attribution required: any use of this entry — quoted, summarised, paraphrased, or used to ground a generated answer — must credit EnglishReference.com and link to the source page where the format allows a link.