English Reference

Word

economist

Phoneticsecon·o·mist

US/iˈkɑnəmɪst/

UK/ɪkˈɒnəmˌɪst/

Definitions

01professional expert

B2 · Upper Intermediate Countable noun

n. an expert who studies how money, trade, and resources work in a country or industry.

n. a professional who studies the production, distribution, and consumption of goods and services, often advising on policy or market trends.

“The government hired a famous economist to help fix the country's money problems.”

“Leading economists are currently debating whether the central bank's decision to raise interest rates will effectively curb inflation without triggering a recession.”

Synonyms

analystfinancial expert

02frugal person

C2 · Proficiency Countable noun Archaic

n. someone who is very careful with money and avoids wasting it.

n. a person who manages resources, money, or time with extreme frugality and efficiency.

“In the old story, the main character was a strict economist who never spent a penny on toys.”

“The Victorian novelist depicted the protagonist as a grim economist of his own time, accounting for every second spent away from his ledgers.”

Usage

In modern English, this sense is almost entirely replaced by 'frugal person' or 'saver'.

Synonyms

misersaver

Antonyms

spendthriftwastrel

Collocations

Common phrases and expressions where native English speakers use the word “economist” in context.

Verb

01. consult an economist

“The government decided to consult an economist before implementing the new tax laws.”

verb + noun

02. economist argued that-clause

“The economist argued that reducing interest rates would stimulate consumer spending.”

noun + that-clause

Adjective

03. distinguished economist

“The university invited a distinguished economist to give a lecture on fiscal policy.”

adj + noun

04. leading economist

“A leading economist from the World Bank predicted a slow recovery for the global market.”

adj + noun

Noun

05. economist predicts

“The economist predicts that inflation will remain high throughout the next quarter.”

noun + verb

06. chief economist

“She was recently promoted to chief economist at one of the country's largest investment banks.”

noun + noun

Real-World Examples

“Meanwhile, Jeffrey Roach, chief economist at LPL Financial, said inflation is on a “real decelerating course", noting that July’s drop in energy prices “helped soften the inflation pressures of the month".”
BBC News 12 Aug 2026
“Economists are expecting growth of 0.4% for the three months.”
BBC News 12 Aug 2026
“Demand is what economists call inelastic, meaning it doesn't respond to price signals.”
BBC News 28 May 2026
“The economists and politicians who make this case say that it would both help keep the public onside on decarbonisation and drive more rapid emissions reductions.”
BBC News 15 Apr 2026

Etymology

From Middle French économiste (“household manager”). By surface analysis, economy + -ist.

Etymology adapted from Wiktionary, available under CC BY-SA 4.0.

Word family

NOUN

economist(B2)

This entry

Exam level
CambridgeCambridgeCambridge English QualificationsThe exam suite from Cambridge University Press & Assessment, from A1 Movers up to C2 Proficiency. The benchmark names double as CEFR labels.B2 FirstIELTSIELTSInternational English Language Testing SystemThe 0–9 band test co-owned by the British Council, IDP, and Cambridge. Used for university entry, work, and migration.5.5–6.5TOEFL iBTTOEFL iBTTest of English as a Foreign Language, Internet-Based TestETS's academic English test, the standard route for US university admissions. Scored 0–120, with a 1–6 scale since 2026.1–6 scale: 4.0–4.572–94TOEICTOEICTest of English for International CommunicationETS's workplace English test, big in Japan and Korea. Listening & Reading scores 10–990 and tops out at C1.785–944
Frequency
Frequent
Level
B2 · Upper IntermediateOxford
Updated

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English Reference