This is the 18360th most frequent Russian word.
эконом
"Эконом" translates to "economist" or "economy-class" depending on context.
In this sentence, 'эконом' is used as part of the term 'эконом-класс', referring to a category or type characterized by lower cost or simplified features.
Он живет в эконом-классе отеля.
He lives in an economy-class hotel.
Here, 'экономное' is derived from 'эконом' and serves as an adjective meaning 'cost-effective' or 'efficient' in terms of expense.
Люди часто ищут экономное решение для своих проблем.
People often seek a cost-effective solution to their issues.
The word 'экономия', derived from 'эконом', represents the act of saving or economizing, typically associated with financial planning.