economically advantageous

USAGE SUMMARY

The phrase "economically advantageous" is correct and commonly used in written English.
It is typically used to describe a situation or action that brings financial benefits or advantages. Example: "Investing in renewable energy is not only environmentally responsible, but it is also economically advantageous in the long run."

✓ Grammatically correct

Science

News & Media

Formal & Business

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

We reasoned that if plant-based manufacturing showed economic promise for this class, then the economically advantageous production of less cost-sensitive biotherapeutics and other products might also be anticipated.

BioMed Research International

According to the notice, "no weight will be attached to whether or not an economic operator is an SME in assessing the most economically advantageous tender".

The Guardian

Likewise, abstract assertions that migration is economically advantageous get little purchase with people who suspect the advantages flow out of their communities.

The Guardian - Opinion

Finally, a thorough economic analysis is conducted to provide criteria to check whether the investment is economically advantageous.

Energy

But no one, based on the same principles of economics, is willing to admit that the movement of people could be considered economically advantageous.

Harvard University

Consider why patents are economically advantageous.

The New York Times

Hence it is economically advantageous.

Optics Communications

"The key criterion is to accept the tender that is most economically advantageous".

The Guardian - Opinion

When it became economically advantageous to move manufacturing overseas, that's exactly what happened.

The Washington Post

Linotype and Intertype are economically advantageous in newspaper and in most book and magazine printing.

Britannica

Here's a good acronym: GP commissioners must select the Meat – the Most Economically Advantageous Tender.

The Guardian - Opinion

Expert writing Tips

Best practice

When evaluating options, use "economically advantageous" to underscore the monetary benefits of a particular choice. Frame it within the context of long-term financial gains rather than just immediate cost savings to highlight sustainability.

Common error

Avoid using "economically advantageous" solely to justify decisions based on immediate cost reduction without considering long-term economic or strategic impacts. Ensure that the advantageous nature is sustainable and doesn't lead to future economic disadvantages.

Linguistic Context

The phrase "economically advantageous" functions as a modifier, specifically an adjective phrase. It describes something as being beneficial or favorable from an economic standpoint. As shown in the Ludwig examples, this phrase is often used to describe decisions, strategies, or technologies that provide financial benefits.

Expression frequency: Very common

Frequent in

Science

36%

News & Media

32%

Encyclopedias

10%

Less common in

Academia

9%

Formal & Business

9%

Wiki

0%

Ludwig's WRAP-UP

In summary, "economically advantageous" is a common and grammatically sound phrase used to describe situations or actions that offer financial benefits. Ludwig AI confirms its correctness and widespread usage. It is most frequently found in scientific, news, and business contexts, emphasizing its applicability across various professional domains. When using this phrase, remember to consider both short-term and long-term economic impacts to ensure that the described advantage is sustainable. Consider related terms such as "financially advantageous" or "commercially advantageous" for specific nuances. Remember that the most "economically helpful" alternative can be the most useful in each context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

financially advantageous

Focuses specifically on monetary benefits or gains.

economically profitable

Focuses specifically on generating profit.

commercially advantageous

Relates to benefits in the context of trade or commerce.

fiscally advantageous

Highlights benefits specifically related to financial management or government finances.

economically valuable

Emphasizes the worth or importance in economic terms.

economically attractive

Highlights the appeal from an economic standpoint.

economically good

A more general term implying positive economic effects.

economically helpful

Suggests providing assistance or support to the economy.

economically worthwhile

Implies that the benefits justify the costs or effort.

economically cheap

Emphasizes low cost or affordability.

FAQs

How can I use "economically advantageous" in a sentence?

Use "economically advantageous" to describe actions, strategies, or policies that provide financial benefits or cost savings. For example, "Investing in renewable energy is not only environmentally responsible but also "economically advantageous" in the long run".

What are some alternatives to "economically advantageous"?

Alternatives include "economically profitable", "financially advantageous", or "commercially advantageous", depending on the specific context and the type of benefit you want to emphasize.

Is it better to say "economically advantageous" or "financially advantageous"?

While both terms relate to benefits, "economically advantageous" is broader and encompasses overall economic benefits, whereas "financially advantageous" specifically refers to monetary gains or savings.

What does it mean when a tender is described as "most economically advantageous"?

When a tender is described as the "most economically advantageous", it means that the awarding entity has selected the bid that provides the best overall value, considering not only the price but also factors like quality, environmental impact, and innovation. This is based on the tender that is most "economically helpful" to the awarding entity.