Basic Details
Word: Economist
Part of Speech: Noun
Meaning: A person who studies how money, resources, and goods are used and distributed in society.
Synonyms: Financial expert, economic analyst
Antonyms: Ignoramus, uneducated person
Idioms and Phrases
- Put your money where your mouth is: To act on what you say you believe, especially in financial matters. Example: "If you believe in supporting local businesses, put your money where your mouth is and shop there."
- Strike a balance: To find a compromise or a satisfactory level between two extremes. Example: "As an economist, she often advises how to strike a balance between saving and spending."
Usage Examples
Example 1: The economist presented her research on how inflation affects everyday prices.
Example 2: Many people consult an economist for advice on investing their savings wisely.
Example 3: He decided to become an economist because he was passionate about understanding global markets.
Fun Fact
Did you know that the term "economics" comes from the Greek word "oikonomikos," which means "household management"? It originally referred to the management of a household's resources.
Famous Quote
"Economics is extremely useful as a form of employment for economists." John Kenneth Galbraith
Multiple Choice Questions (MCQs)
1. What does "economist" mean?
a) A type of animal
b) A person who studies economics
c) A kind of scientist
d) A sports coach
Answer: b) A person who studies economics
2. Which of these is a synonym of "economist"?
a) Accountant
b) Financial expert
c) Teacher
d) Engineer
Answer: b) Financial expert
3. Which of the following is an antonym for "economist"?
a) Scholar
b) Ignoramus
c) Analyst
d) Consultant
Answer: b) Ignoramus
4. Which sentence uses "economist" correctly?
a) The economist baked a cake for the party.
b) The economist read a book on economics.
c) The economist played football after work.
d) The economist danced at the concert.
Answer: b) The economist read a book on economics.
5. What does the idiom "put your money where your mouth is" mean?
a) To invest wisely in good projects
b) To avoid spending money
c) To take action on what you believe
d) To count your money
Answer: c) To take action on what you believe
