ADJ

booming, buoyant, dynamic, healthy, sound, stable, strong
ailing, depressed, flagging, fragile, stagnant, weak
The government devalued the currency to try to revive the flagging economy
advanced, developed, modern
agrarian, agricultural, capitalist, industrial, liberal, market, mixed, monetary, planned, rural, service-based, socialist
a modern industrial economy
domestic, global, internal, international, local, national, world
the increasingly competitive global economy
black, informal, underground
The black economy booms when there is high unemployment

VERB + ECONOMY

build, rebuild
Each party has its own strategy for building a strong economy
control, handle, manage, manipulate, operate, regulate, run
The government was accused of failing to run the economy competently
boost, develop, expand, help, improve, kick-start, reinvigorate, rescue, revive, stabilize, stimulate, strengthen
liberalize
damage, harm, weaken, wreck

ECONOMY + VERB

develop, expand, flourish, grow
be in/go into recession, collapse, contract, fail, slow, stagnate
pick up, recover, stabilize

PHRASES

an area/a sector of the economy
Transport workers are employed in all sectors of the economy
the backbone/mainstay of the economy
Agriculture was the backbone of the economy
growth in/of the economy
A small manufacturing sector inhibits growth in the economy
control/handling/ management of the economy
37% approved the president's handling of the economy
the size of the economy, the state of the economy
The government has been criticized over the state of the economy

ADJ

important, major, significant
false
Buying cheap shoes is a false economy

VERB + ECONOMY

achieve, make
We could achieve major economies in time with this new machinery

ECONOMY + NOUN

drive
Savings are being planned as part of a huge economy drive

PREP

~ in
possible economies in telephone costs

PHRASES

economy of effort/movement
It was impressive to see her economy of movement as she worked the machine
economy of scale
Large firms can benefit from economies of scale