1 adj Economic means concerned with the organization of the money, industry, and trade of a country, region, or society.
usu ADJ n
...Poland's radical economic reforms..., The pace of economic growth is picking up.
economically adv ADV adj/-ed, ADV after v, ADV with cl
...an economically depressed area..., Economically and politically, this affair couldn't come at a worse time.
2 adj If something is economic, it produces a profit.
(=profitable) The new system may be more economic but will lead to a decline in programme quality.
socio-economic , socioeconomic
Socio-economic circumstances or developments involve a combination of social and economic factors. adj ADJ n
Suicide is often connected with socio-economic deprivation.
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"Collins Cobuild English Dictionary for Advanced Learners 4th edition published in 2003 © HarperCollins Publishers 1987, 1995, 2001, 2003 and Collins A-Z Thesaurus 1st edition first published in 1995 © HarperCollins Publishers 1995"