economic assessment

USAGE SUMMARY

The phrase "economic assessment" is correct and usable in written English.
It can be used when evaluating the economic implications or impacts of a project, policy, or situation. Example: "The economic assessment of the new policy revealed significant cost savings for the government."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

The government has not yet said when Mr. Brown's economic assessment will be made public.

The New York Times

"The government has nothing to say on this topic until the economic assessment is published".

The New York Times

Additionally, an economic assessment of the process in the RPR was also performed.

Catalysis Today

But some of the choice will be based on an economic assessment.

Harvard Business Review

In a statement, the committee offered glimmers of a rosier economic assessment.

The New York Times

Around the World: Icelanders Are Happy Japan cuts its economic assessment.

The New York Times

The central bank cut its economic assessment for seven of the nine regions of the country.

The New York Times

"And Latvia has shown that this kind of economic assessment is possible without currency devaluation".

The New York Times

"Japan's economy continues to recover gradually, and domestic demand is becoming firmer," the bank said in its monthly economic assessment.

The New York Times

Instead, investors, upset by a pessimistic economic assessment accompanying the rate reduction, sold stocks across the market yesterday.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

1 human-written examples

Socio-economic assessment toolbox.

Energy, Sustainability and Society

Expert writing Tips

Best practice

When using "economic assessment", clearly define the scope and parameters of the evaluation to ensure clarity and relevance. For instance, specify whether you are focusing on direct costs, indirect benefits, or long-term impacts.

Common error

Avoid using "economic assessment" when you are merely describing past financial transactions. "Economic assessment" is forward-looking and analytical, while financial accounting is historical and descriptive.

Linguistic Context

The phrase "economic assessment" functions primarily as a noun phrase. It typically acts as a subject or object in a sentence, denoting the act or process of evaluating the economic implications of something. Ludwig AI's examples demonstrate its use in various contexts, like government policy and scientific processes.

Expression frequency: Very common

Frequent in

Science

43%

News & Media

36%

Formal & Business

21%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "economic assessment" is a widely used term to describe the process of evaluating the economic impacts of various projects, policies, or situations. As Ludwig AI confirms, this noun phrase is grammatically correct and appears very commonly across diverse contexts, including science, news media, and formal business. When writing about evaluating the economic implications or impacts of a project, policy, or situation, it's important to clarify the scope and parameters of the evaluation. Common alternatives include "economic evaluation" and "financial analysis".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

economic evaluation

Focuses more on the process of assigning value or worth, whereas "economic assessment" is broader.

financial analysis

Emphasizes the financial aspects and implications, rather than a general economic perspective.

economic appraisal

Implies a more formal or official evaluation, often used in project planning.

cost-benefit analysis

Specifically compares the costs and benefits of a project or decision.

economic impact study

Focuses specifically on the impact or effects of an event or policy on the economy.

fiscal evaluation

More focused on government revenue, spending, and debt.

market analysis

Concentrates on the conditions, forces, and elements within a market.

financial review

Similar to financial analysis but can sometimes imply a less rigorous or detailed examination.

budgetary analysis

Specifically deals with budgets and financial plans.

investment analysis

Analyzes the attractiveness of an investment proposal.

FAQs

What is an "economic assessment"?

An "economic assessment" is an evaluation of the potential economic impacts—costs, benefits, and other financial effects—associated with a project, policy, or situation. It is often used to inform decision-making.

How does an "economic assessment" differ from a financial analysis?

While both involve financial considerations, an "economic assessment" is broader, considering wider economic impacts. A financial analysis typically focuses on the profitability and financial viability of a specific project or investment.

When is it appropriate to conduct an "economic assessment"?

An "economic assessment" is appropriate when evaluating significant projects or policies, such as infrastructure developments, environmental regulations, or healthcare interventions, where it's crucial to understand the broader economic consequences.

What are some alternatives to "economic assessment"?

Depending on the context, you can use alternatives like "economic evaluation", "financial analysis", or "cost-benefit analysis".