economically feasible

USAGE SUMMARY

"economically feasible" is correct and usable in written English.
You can use it to describe a situation or idea that is economically viable or affordable. For example: "Investing in renewable energy technology is an economically feasible solution to combat climate change."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

Are they technically and economically feasible?

Harvard Business Review

Jason Bordoff: It doesn't say economically feasible.

Columbia University

It's not economically feasible at our size.

Cornell University

"It's just not economically feasible," he told The Associated Press.

The New York Times

Others fear the project is not economically feasible.

The Guardian

It's not economically feasible to replace everything in one instant".

The New Yorker

"I don't know that it's economically feasible," he said.

The New York Times

But cable companies insist that this is not economically feasible.

The New York Times - Tech

In both cases, technology has made hydrocarbon recovery economically feasible.

Massachusetts Institute of Technology

Big musical units were no longer economically feasible.

Encyclopedia Britannica

Human-verified similar examples from authoritative sources

Similar Expressions

1 human-written examples

Otherwise, it is not economically feasible.

Journal of Petroleum Exploration and Production Technology

Expert writing Tips

Best practice

When assessing project proposals, use "economically feasible" to indicate that the anticipated revenues or savings justify the investment costs. Before using the phrase, ensure your analysis includes a comprehensive cost-benefit assessment.

Common error

Avoid using "economically feasible" interchangeably with "technically feasible". While a solution may be technically possible, it may not be cost-effective or provide a sufficient return on investment. Always consider both aspects separately.

Linguistic Context

The phrase "economically feasible" functions as an adjective phrase, typically modifying a noun to describe whether something is achievable or viable from a financial perspective. This is supported by Ludwig AI, which confirms its correct usage in written English.

Expression frequency: Very common

Frequent in

News & Media

54%

Science

24%

Academia

12%

Less common in

Formal & Business

6%

Encyclopedias

3%

Reference

1%

Ludwig's WRAP-UP

In summary, "economically feasible" is a common and grammatically correct phrase used to describe the financial viability of a project or plan. Ludwig AI confirms its appropriate usage in written English. It is most frequently used in news, science, and academic contexts, indicating a neutral to professional tone. When using this phrase, ensure a thorough cost-benefit analysis is conducted and avoid confusing it with "technically feasible". Alternatives include "financially viable" and "cost-effective". The phrase is essential for assessing and communicating the economic practicality of various endeavors.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

financially viable

Replaces "feasible" with "viable", emphasizing the ability to sustain itself financially.

cost-effective

Highlights the balance between cost and effectiveness, implying good value for money.

affordable

Focuses specifically on the affordability aspect, suggesting it's within budget.

economically sustainable

Emphasizes the long-term economic viability and stability of a project or venture.

profitable

Highlights the potential to generate profit, making it attractive from a business perspective.

economically sound

Indicates a strong and stable economic basis, suggesting a wise investment or decision.

within budget

Simple and direct, emphasizing that something can be done without exceeding financial limits.

commercially viable

Similar to financially viable but stresses the commercial aspect of business and sales.

realizable

Suggests something is possible to achieve in practical and financial terms.

economically justifiable

Indicates that the economic benefits outweigh the costs, making it a reasonable choice.

FAQs

How to use "economically feasible" in a sentence?

You can use "economically feasible" to describe projects, plans, or solutions that are affordable and provide sufficient financial returns. For example, "The study determined that implementing solar panels was "economically feasible" for the homeowner".

What can I say instead of "economically feasible"?

You can use alternatives like "financially viable", "cost-effective", or "affordable" depending on the context.

Which is correct, "economically feasible" or "economic feasible"?

"Economically feasible" is correct. "Economic" is an adjective referring to the economy, while "economically" is an adverb modifying the adjective "feasible", indicating that it's feasible from an economic standpoint.

What makes something "economically feasible"?

Something is "economically feasible" if the expected benefits (revenues, savings, etc.) are greater than the costs associated with it. This usually involves a thorough cost-benefit analysis to determine if the investment is justifiable.