Definitions

1. adjective

relating to the production, distribution, and trade of goods and services

“The economic growth of the country was impressive in recent years.”

2. noun

the study of the production, distribution, and consumption of goods and services, and their relations to the community

“He is a professor of economics at the university.”

3. noun

the economic system or organization of a particular country or region

“The economic system of the US is capitalist.”

4. verb

to manage or direct the production, distribution, and trade of goods and services in order to make a profit

“She is going to learn how to economically manage her business.”

5. noun

a person who is concerned with the production, distribution, and trade of goods and services

“The economic expert advised the government on how to improve the economy.”