Do you know a lot of economy vocabulary? Learn more words with this Study Set!
Be more effective with your IELTS preparation at home. To do so, you need to improve your knowledge of Academic English Vocabulary. If you don’t know that many high-level English words related to IELTS topics, it will be hard to talk about some topics in the IELTS Speaking test. Also, it will be hard to understand some lectures and passages in the IELTS Listening and Reading tests. So, as part of any good IELTS Preparation Plan to help you crack the IELTS, you want to study new advanced English vocabulary for IELTS topics.
Here is just one of the Study Sets you can use as an IELTS Vocabulary Test. This Study Set focuses on high-level words related to ‘economy‘. This is a common topic in IELTS Reading passages for the Academic IELTS test. Words from this list could help you to answer questions in:
- Any section of the IELTS Listening test
- Any academic passage in the IELTS Reading test
- Parts 1, 2 or 3 of the IELTS Speaking test
- Task 2 of the IELTS Writing test
How to use this ‘Economy’ Study Set
You want to practice not only memorizing definitions for these words. You also need to practice spelling them. This is because to get a high IELTS Listening score, you need to know how to spell academic vocabulary like these from the Study Set.
Learn how PELA can help you improve your English with PELA’s Vocabulary Builder Study Sets!
‘Economy’ Crossword
You can also practice your spelling skills by doing crosswords!
Here is the list of Academic English words in this Study Set related ‘economy vocabulary‘. ‘Fill-in-the-Blank’ questions in the IELTS Listening test have used many of these words. So, you need to know how to spell them. These are also useful words for any academic passage related to ‘business‘, ‘work‘, or ‘money‘!
Economy vocabulary
| accounting | address | allocation |
| appointment | automation | budget |
| business card | capital | capitalism |
| cash | catalog | check |
| commerce | commodity | compensation |
| competition | consumer | consumption |
| corporation | counterfeit | coupon |
| credit card | currency | customer |
| debt | deficit | demand |
| department | deposit | device |
| display | distribution | duty-free |
| economic | efficiency | enterprise |
| expenditure | finance | globalization |
| goods | incentive | income |
| inflation | infrastructure | innovation |
| insurance | interest | interest rate |
| investment | investor | labor |
| machine | macroeconomic | management |
| manufacture | market | merchandise |
| microeconomic | mortgage | non-refundable |
| poverty | private sector | product |
| profit | property | public sector |
| purchase | reception | recession |
| refund | resource | retail |
| revenue | sector | shipment |
| showroom | socialism | special offer |
| statistic | stock | survey |
| taxation | trade | user-friendly |
| utility | vacancy | value |
| voucher | wealth | welfare |
| withdraw | workshop |
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More IELTS vocabulary lists!
- Plant, Animal, & the Environment Vocabulary
- History & Anthropology Vocabulary
- Transportation Vocabulary
- Medical & Healthcare Vocabulary
- Geology & Geography Vocabulary
- Materials Vocabulary
- Visual Arts Vocabulary
- Tourism Vocabulary
- Weather Vocabulary
- Communication Vocabulary
- Pollution Vocabulary
- Psychology Vocabulary
- Architecture Vocabulary
- Performing Arts Vocabulary
Want to know how to start IELTS preparation at home? Learn the best way to prepare IELTS Speaking questions with the Portland English Language Academy. You can learn many IELTS preparation tips for how to improve your IELTS score, including how to improve your IELTS Speaking and Writing, with PELA Online’s Academic IELTS Preparation course, with Modules to help you with listening, reading, writing, and speaking test questions.
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