economic

Economic is part of the Academic Word List. It is important for students in college and university.

Pronunciation

• (UK) IPA: /ˌɛkəˈnɒmɪk/, SAMPA: /%Ek@"nQmIk/
• (US) IPA: /ˌɛkəˈnɑmɪk/, SAMPA: /%Ek@"nAmIk/

Adjective

Positive economic

Comparative more economic

Superlative most economic

1. (usually before a noun; not usually gradeable) About or relating to the economy, business, money, etc.

   The reduction in unemployment and continued economic growth are good news for workers.

   As our two countries do more and more business, we must begin to match our economic policies.

   Some people are in economic trouble and have difficulty paying their bills.

   If you start saving money while you’re young, then you are setting yourself up for economic success.

2. If a business activity is economic, it makes enough money.

   As a small business, do you think it would be economic for us to advertise on TV?

Synonyms

• commercial
• profitable

Antonyms

• uneconomic
• unprofitable

Related words

• economics