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Economist vs. Economy — What's the Difference?

Economist vs. Economy — What's the Difference?

Difference Between Economist and Economy

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Economist

An economist is a practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy.

Economy

An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution and trade, as well as consumption of goods and services by different agents. In general, it is defined 'as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources'.

Economist

A specialist in economics.

Economy

Careful, thrifty management of resources, such as money, materials, or labor
Learned to practice economy in making out the household budget.

Economist

(Archaic) An economical person.
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Economy

An example or result of such management; a saving.

Economist

An expert in economics, especially one who studies economic data and extracts higher-level information or proposes theories.

Economy

The system or range of economic activity in a country, region, or community
Effects of inflation were felt at every level of the economy.

Economist

One concerned with political economy.

Economy

A specific type of economic system
An industrial economy.
A planned economy.

Economist

(obsolete) One who manages a household.

Economy

An orderly, functional arrangement of parts; an organized system
"the sense that there is a moral economy in the world, that good is rewarded and evil is punished" (George F. Will).

Economist

(obsolete) One who economizes, or manages domestic or other concerns with frugality; one who expends money, time, or labor, judiciously, and without waste.

Economy

Efficient, sparing, or conservative use
Wrote with an economy of language.

Economist

One who economizes, or manages domestic or other concerns with frugality; one who expends money, time, or labor, judiciously, and without waste.

Economy

The least expensive class of accommodations, especially on a commercial conveyance, such as an airplane.

Economist

One who is conversant with political economy; an expert in the field of economics.

Economy

(Theology) The method of God's government of and activity within the world.

Economist

An expert in the science of economics

Economy

Economical or inexpensive to buy or use
An economy car.
An economy motel.

Economy

Effective management of a community or system, or especially its resources.

Economy

The regular operation of nature in the generation, nutrition and preservation of animals or plants.
Animal economy, vegetable economy

Economy

System of management; general regulation and disposition of the affairs of a state or nation, or of any department of government.

Economy

A system of rules, regulations, rites and ceremonies.
The Jewish economy

Economy

The disposition or arrangement of any work.
The economy of a poem

Economy

The study of money, currency and trade, and the efficient use of resources.

Economy

Frugal use of resources.
Economy of word

Economy

The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.

Economy

(theology) The method of divine government of the world. (See w:Economy (religion).)

Economy

(US) The part of a commercial passenger airplane or train reserved for those paying the lower standard fares; economy class.

Economy

(archaic) Management of one’s residency.

Economy

Cheap to run; using minimal resources; representing good value for money; economical.
He bought an economy car.
Economy size.

Economy

(US) In or via the part of a commercial passenger airplane reserved for those paying the lower standard fares.

Economy

The management of domestic affairs; the regulation and government of household matters; especially as they concern expense or disbursement; as, a careful economy.
Himself busy in charge of the household economies.

Economy

Orderly arrangement and management of the internal affairs of a state or of any establishment kept up by production and consumption; esp., such management as directly concerns wealth; as, political economy.

Economy

The system of rules and regulations by which anything is managed; orderly system of regulating the distribution and uses of parts, conceived as the result of wise and economical adaptation in the author, whether human or divine; as, the animal or vegetable economy; the economy of a poem; the Jewish economy.
The position which they [the verb and adjective] hold in the general economy of language.
In the Greek poets, as also in Plautus, we shall see the economy . . . of poems better observed than in Terence.
The Jews already had a Sabbath, which, as citizens and subjects of that economy, they were obliged to keep.

Economy

Thrifty and frugal housekeeping; management without loss or waste; frugality in expenditure; prudence and disposition to save; as, a housekeeper accustomed to economy but not to parsimony.
I have no other notion of economy than that it is the parent to liberty and ease.
The father was more given to frugality, and the son to riotousness [luxuriousness].

Economy

The system of production and distribution and consumption

Economy

The efficient use of resources;
Economy of effort

Economy

Frugality in the expenditure of money or resources;
The Scots are famous for their economy

Economy

An act of economizing; reduction in cost;
It was a small economy to walk to work every day
There was a saving of 50 cents

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