ekonomisk

Ekonomisk is an adjective used in Swedish and Norwegian to describe things related to the economy, finance, or economic activity more broadly. In Swedish, it can translate as economic or economical depending on context, for example "ekonomisk tillväxt" (economic growth) or "ekonomisk lösning" (a solution tied to the economy or budget). In Norwegian, the equivalent is "økonomisk" and is used similarly, as in "økonomisk politikk" (economic policy).

The noun ekonomi and the related word ekonomisk share a common root with the English word economy and with Greek oikonomia via Latin and Germanic languages. The root refers to the management of resources and the study of production, distribution, and consumption of goods and services. The term thus spans politics, business, and academic discourse.

Typical uses include describing policies ("ekonomisk politikk" in Swedish; "økonomisk politikk" in Norwegian), indicators ("ekonomiska indikatorer" / "økonomiske indikatorer"), or development ("ekonomisk utveckling" in Swedish; "økonomisk utvikling" in Norwegian). The adjective can also denote efficiency or thrift in some contexts, though speakers often use "sparsam" for thrift or "kostnadseffektiv" for cost efficiency.

Overall, ekonomisk functions as the standard Scandinavian adjective for matters pertaining to the economy, while the English distinction between "economic" and "economical" is frequently not made in these languages, where context determines which sense is intended.