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economic

American  
[ek-uh-nom-ik, ee-kuh-] / ˌɛk əˈnɒm ɪk, ˌi kə- /

adjective

  1. pertaining to the production, distribution, and use of income, wealth, and commodities.

  2. of or relating to the science of economics.

  3. pertaining to an economy, or system of organization or operation, especially of the process of production.

  4. involving or pertaining to one's personal resources of money.

    to give up a large house for economic reasons.

  5. pertaining to use as a resource in the economy.

    economic entomology; economic botany.

  6. affecting or apt to affect the welfare of material resources.

    weevils and other economic pests.

  7. economical.


economic British  
/ ˌiːkəˈnɒmɪk, ˌɛkə- /

adjective

  1. of or relating to an economy, economics, or finance

    economic development

    economic theories

  2. capable of being produced, operated, etc, for profit; profitable

    the firm is barely economic

  3. concerning or affecting material resources or welfare

    economic pests

  4. concerned with or relating to the necessities of life; utilitarian

  5. a variant of economical

  6. informal inexpensive; cheap

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Other Word Forms

Etymology

Origin of economic

First recorded in 1585–95; from Middle French economique, from Latin oeconomicus, from Greek oikonomikós “relating to household management,” equivalent to oikonóm(os) “steward” (from oîko(s) “house” + nómos “manager”) + -ikos -ic

Explanation

If you describe something as economic, then it relates to the economy. And the economy? It's all about money, honey. The adjective economic, meaning “pertaining to management of a household,” first developed in the 1590’s and might remind you of "Home Economics" classes where you once learned to cook and sew. Usually though, we use economic to describe things relating to finance. It’s not the same as financial, but if you’re talking about a town or country whose finances are in dire straits, it’s ok to say "economic ruin."

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Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

Former economic advisor to the government of Jersey John Christensen said the amount of tax paid by high value residents was "piffling"

From BBC ● Oct. 9, 2026

However, one former economic advisor to the government described the tax contribution of high value residents as "piffling".

From BBC ● Oct. 9, 2026

Domestic economic weakness has taken a back seat.

From The Wall Street Journal ● Oct. 8, 2026

Tinubu, who is seeking a second term, pushed through sweeping economic reforms when he came into office in 2023, including scrapping a major fuel subsidy and floating the naira.

From Barron's ● Oct. 8, 2026

In this fantasy, eventually race will no longer be a factor in mortality rates, the spread of disease, educational or economic opportunity, or the distribution of wealth.

From "The New Jim Crow" by Michelle Alexander

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