adverb relating to economics or the economy; in a way that is efficient or thrifty
Within finance, 'economically' is used to describe investments, transactions, or activities that are financially prudent and efficient.
In business, 'economically' is used to refer to decisions or strategies that aim to maximize profits or minimize costs.
In the field of economics, 'economically' is used to describe actions, policies, or situations that relate to the management of resources and finances in a cost-effective manner.
In policy making, 'economically' is used to assess the impact of proposed policies on the economy and make decisions that benefit the overall financial well-being of a country or organization.
In the field of journalism, writers often analyze economic trends and write articles on economic topics for newspapers, magazines, and online publications.
Psychologists may study the economic factors that influence mental health and well-being, such as the impact of unemployment on mental health or the psychological effects of economic inequality.
Accountants play a key role in helping businesses make economically sound financial decisions by analyzing financial data, preparing budgets, and providing advice on cost-saving measures.
Urban planners consider economic factors when designing cities and communities, such as promoting economic development through zoning regulations or planning transportation systems to support economic growth.
Policy analysts assess the economic implications of government policies and make recommendations to policymakers on how to achieve desired economic outcomes, such as promoting economic growth or reducing income inequality.