Economist: meaning, definitions and examples

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economist

 

[ ɪˈkɒn.ə.mɪst ]

Noun
Context #1 | Noun

professional field

A person who studies the production, distribution, and consumption of goods and services, and the management of economic systems.

Synonyms

economic analyst, financial expert, market researcher.

Which Synonym Should You Choose?

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Word Description / Examples
economist

Used to describe someone who studies or has expertise in the field of economics broadly, often focusing on economic theories, policies, and principles.

  • Paul Krugman is a well-known economist who has won the Nobel Prize.
  • She hired an economist to help understand the impact of the new tax laws.
financial expert

A broad term often used to describe someone with extensive knowledge and skills in finance, including investment, banking, and financial planning.

  • She consulted a financial expert to better understand her investment options.
  • The financial expert gave a lecture on effective wealth management.
economic analyst

Typically refers to someone who examines economic data and trends to provide insights or forecasts, often working for businesses or governmental agencies.

  • The economic analyst presented a report on the potential future of the national economy.
  • As an economic analyst, John evaluates market trends to advise his clients.
market researcher

Specifically refers to someone who conducts research to understand market conditions, consumer behavior, and industry trends to help businesses make informed decisions.

  • The company hired a market researcher to analyze consumer preferences.
  • As a market researcher, Sarah spends a lot of time gathering data on competitors.

Examples of usage

  • The economist predicted a recession based on the current economic indicators.
  • Many economists believe that increasing the minimum wage will stimulate the economy.
  • The economist's analysis of the trade policies was widely quoted in the media.
Context #2 | Noun

occupation

A person who works in the field of economics, analyzing data, trends, and policies to provide insights and recommendations.

Synonyms

economic consultant, economic researcher, financial advisor.

Which Synonym Should You Choose?

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Word Description / Examples
economist

Suitable for general contexts where a professional studies the economy and gives insights into economic trends and policies.

  • The economist predicted an increase in inflation rates for the upcoming quarter.
  • As an economist, she provided advice on economic policies to the government.
economic consultant

Used in situations where a professional is hired to provide expert advice on specific economic matters or challenges faced by an organization.

  • The company hired an economic consultant to improve their financial strategy.
  • He works as an economic consultant, helping businesses navigate economic downturns.
financial advisor

Best used when describing a professional who provides individuals or businesses with advice on financial planning, investments, and asset management.

  • A financial advisor helped them plan for their retirement.
  • Individuals often consult a financial advisor before making large investments.
economic researcher

Appropriate when referring to someone who conducts detailed and systematic investigations into economic phenomena, often working in academic or institutional settings.

  • As an economic researcher, she focuses on labor markets and employment trends.
  • The findings of the economic researcher were critical in shaping new monetary policies.

Examples of usage

  • The company hired an economist to help with their financial projections.
  • As an economist, she specialized in international trade and globalization.
  • The economist's report influenced government decisions on tax reform.

Translations

Translations of the word "economist" in other languages:

🇵🇹 economista

🇮🇳 अर्थशास्त्री

🇩🇪 Ökonom

🇮🇩 ekonom

🇺🇦 економіст

🇵🇱 ekonomista

🇯🇵 経済学者 (けいざいがくしゃ)

🇫🇷 économiste

🇪🇸 economista

🇹🇷 ekonomist

🇰🇷 경제학자 (gyeongjehakja)

🇸🇦 اقتصادي (iqtisadi)

🇨🇿 ekonom

🇸🇰 ekonóm

🇨🇳 经济学家 (jīngjìxuéjiā)

🇸🇮 ekonomist

🇮🇸 hagfræðingur

🇰🇿 экономист

🇬🇪 ეკონომისტი (ekonomisti)

🇦🇿 iqtisadçı

🇲🇽 economista

Etymology

The term 'economist' originated in the mid-19th century, deriving from the French word 'économiste', which in turn came from the Latin word 'oeconomista' meaning 'household manager'. Economists play a crucial role in shaping economic policies and analyzing market trends to ensure sustainable growth and development.

Word Frequency Rank

Ranked #10,075, this word falls into high-advanced vocabulary. It appears less frequently but is valuable for expressing precise meanings in specific contexts.