1.
economy, economics
The system of production, distribution, and consumption of goods and services.
経済 refers to the economy (systems of production and consumption) or economics as a field of study.
COMMON COMPOUNDS:
- 経済的: economical, economic
- 経済学: economics (academic field)
- 経済{成長|けいざいせいちょう}: economic growth
- 経済{危機|けいざいきき}: economic crisis
- 経済{政策|けいざいせいさく}: economic policy
COMMON EXPRESSIONS:
- 経済ニュース: economic news
- 世界経済: world economy
- 経済状況: economic situation
NOTE:
経済的 can mean both "economic" (relating to the economy) and "economical" (cost-effective, thrifty).