economy / economics
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economy
The entire economic system of a country or region, including the production, distribution, and consumption of goods and services. A synonym for 'Wirtschaft' (economy).
Die digitale Transformation verändert die globale Ökonomie grundlegend.
Digital transformation is fundamentally changing the global economy.
economics
The science that deals with economic relationships; economics.
Sie hat einen Masterabschluss in Ökonomie und arbeitet jetzt bei einer Bank.
She has a master's degree in economics and now works at a bank.
economy
A sparing and efficient use of means and resources.
Die Ökonomie der Bewegung ist für professionelle Tänzer von großer Bedeutung.
Economy of movement is very important for professional dancers.
The word family includes the adjective 'ökonomisch' (economic, economical) and the terms for a person 'der Ökonom' or 'die Ökonomin' (economist).
Aus ökonomischer Sicht ist diese Investition sinnvoll.
From an economic point of view, this investment makes sense.
The three meanings can be distinguished well from context. 'Die globale Ökonomie' (the global economy) means the economic system. 'Ökonomie studieren' (to study economics) refers to the science. 'Die Ökonomie der Mittel' (economy of means) describes the sparing use of resources.
Die deutsche Ökonomie ist stark vom Export abhängig.
The German economy is heavily dependent on exports.
'Ökonomie' (economy / economics) is a rather formal and academic word. In many everyday situations, especially when referring to the economic system, the word 'Wirtschaft' (economy) is used more often.
Der Artikel analysiert die Auswirkungen der Krise auf die europäische Ökonomie.
The article analyzes the effects of the crisis on the European economy.
In the meaning 'Sparsamkeit' (economy / frugality), 'Ökonomie' often appears with a genitive or a preposition that indicates what is being used efficiently. Typical phrases are 'Ökonomie der Bewegung' (economy of movement), 'Ökonomie des Raumes' (economy of space), or 'Ökonomie der Mittel' (economy of means).
Ein guter Sportler zeichnet sich durch eine hohe Ökonomie seiner Bewegungen aus.
A good athlete is characterized by a high degree of economy in their movements.
economy / pub
Wirtschaft and Ökonomie can both refer to the economic system of a country or region. Wirtschaft is the neutral choice in everyday language. In this meaning, Ökonomie usually sounds more technical or theoretical and is therefore especially suitable in academic contexts.
Der Fachaufsatz untersucht, warum die Ökonomie des Landes nur langsam wächst.
The academic article examines why the country's economy is growing only slowly.
In den Nachrichten wird erklärt, warum die Wirtschaft des Landes nur langsam wächst.
The news explains why the country's economy is growing only slowly.
