The phrase "economic challenges" is correct and usable in written English.
You could use the phrase to talk generally about difficult economic conditions or to refer to specific obstacles that a person or organization is facing. For example: "The company is facing some economic challenges due to the current market downturn."
Some feminists argue that globalization has led to economic changes that have raised more social and economical challenges for women, particularly for working class and lower caste women.
In recent years the chemical processes industry has faced important social, technical and economical challenges.
Variability and uncertainty are inherent characteristics of wind power generation resulting in technical and economical challenges for power system operators.
Meanwhile, the variability and uncertainty characteristics of wind power generation bring technical and economical challenges for power system operation.
The development of the Generation IV (Gen-IV) nuclear reactors has presented social, technical, and economical challenges to nuclear engineering design and research.
Historical commercial districts in city centres in Turkey face social, cultural, environmental and economical challenges of managing rapid urban and economical development in the last two decades.
As a contribution to this scientific and economical challenge, the presented paper aims at analysing mechanisms involved in the bearing fracture of composite assemblies.
The recovery of heavy oil and oil sand deposits of western Canada by using in situ combustion or gasification recovery processes has always been a great technological and economical challenge.
The economical challenge of cervical cancer patients and their respective families is immense.
These factors tie in to the enormity of the economical challenge placed on cancer patients and their families.
Additionally, it requires continuous measurement of ruminal pH, which is a practical and economical challenge under field conditions.
