economic
UK: ˌiːkəˈnɒmɪk | US: ˌiːkəˈnɑːmɪk
adj. relating to economics or the economy
adj. involving or pertaining to the production, distribution, and consumption of goods and services
adj. cost-effective; using minimal resources
The word "economic" traces back to the Greek oikonomikos (from oikonomia, meaning "household management"), combining oikos (house) and nomos (law, management). The term evolved through Latin (oeconomicus) and Old French (economique) to denote broader systems of resource management. The suffix -ic (from Greek -ikos) marks it as an adjective. Over time, its meaning expanded from domestic thrift to national and global financial systems.
The government introduced new economic policies to boost employment.
Solar energy is an economic alternative to fossil fuels.
She holds a degree in economic theory.
The report analyzes the economic impact of globalization.
Small businesses face economic challenges during recessions.