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economicrelating to economics or the economy

Part of speech: ADJECTIVE

Definition: relating to economics or the economy

Pronunciation (IPA): /ˌiːkəˈnɑːmɪk/

Example Sentences

  • My mom's economic advice: 'Don't spend money you don't have on things you don't need to impress people you don't like.'
  • The economic impact of working from home: I save money on gas but spend twice as much on snacks.
  • Korea's rapid economic development in the past decades has been remarkable.

economic

ADJECTIVE

[/ˌiːkəˈnɑːmɪk/]

relating to economics or the economy

Business analyst presents economic data showing improved financial performance to executives
💡 Concept

Business analyst presents economic data showing improved financial performance to executives

Academic minds tackle economic challenges of the pandemic era!
🎵 Rhyme

Academic minds tackle economic challenges of the pandemic era!

Got the picture? Now let's practice.

🎤Pronunciation

🇺🇸 US/ˌiːkəˈnɑːmɪk/
🇬🇧 UK/ˌiːkəˈnɒmɪk/

🌳Etymology

Rooteconom
Suffix--ic

Origin

The word derives from Greek 'oikonomia', a compound of 'oikos' (house) and 'nomos' (law, management). It entered English through Latin, originally meaning 'household management' but gradually expanding to encompass the financial management of states and entire societies.

Breakdown

oikos- (house) + -nom- (law, management, from nomos) + -ic (adjective suffix). The root 'nomos' means law or system of management, while 'oikos' refers to a household or estate.

🎵Rhyme

academicpandemicdynamic
academic
pandemic
dynamic

🔗Collocations

economic growth
economic crisis
economic policy
economic development
economic situation
economic system

📝Examples

😄 Fun example

My mom's economic advice: 'Don't spend money you don't have on things you don't need to impress people you don't like.'

😄 Fun example

The economic impact of working from home: I save money on gas but spend twice as much on snacks.

Korea's rapid economic development in the past decades has been remarkable.

Students need to understand basic economic principles to make smart financial decisions.

📚Related Words

Synonyms

financialmonetarycommercialfiscal

Antonyms

uneconomicalwastefulunprofitable

Related

economyeconomicseconomicaleconomisteconomically

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