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ECONOMY Definition & Meaning - Merriam-Webster

ECONOMY Synonyms: 28 Similar and Opposite Words | Merriam-Webster Thesaurus

In writing, "economy" refers to the efficient use of language to achieve the maximum effect with the minimum number of words.   You do this by using the fewest, most precise words to convey meaning, making the writing clearer, stronger, and more impactful by eliminating redundancy, jargon, and unnecessary fluff, ensuring every word serves a specific purpose to enhance clarity and reader engagement. It's about making words count, often through concise language, strong verbs, and the show, don't tell principle. 

Key Principles of Economy in Writing: 
Conciseness: Saying more with less, avoiding wordy phrases like "due to the fact that" (use "because") or "at this point in time" (use "now").
Precision: Choosing exact words that carry the most meaning, rather than vague or generic terms.
Eliminating Redundancy: Cutting repetitive sentences, descriptions, or ideas that slow the pace. 
Impactful Verbs: Replace weak verb-adverb combinations with a single strong verb. Instead of "She walked at a leisurely pace," use "She ambled" 
Active Voice: Using active verbs ("The team finished the project") instead of passive ones ("The project was finished by the team") for more direct sentences.
Focus on Essentials: Including only information vital to the story or message, streamlining plots and removing non-contributing subplots. 
"Show, Don't Tell": Using actions, imagery, and setting to reveal emotion or backstory, rather than lengthy explanations. 
Streamlined Structure: Keeping sentences and paragraphs focused and easy to follow, avoiding overly complex structures. 

Benefits of Writing with Economy:  
Clarity and Readability: Fewer words allow ideas to stand out more clearly, making them easier for the reader to understand quickly. 
Increased Momentum: Removing "bloat" keeps the narrative moving, preventing readers from losing interest during descriptive passages. 
Emotional Power: In forms like poetry, songwriting, and comedy, brevity often intensifies the impact of a punchline or emotional beat. 
Professionalism: Writing plainly and respecting the reader's time is a hallmark of a skilled, professional writer. 

Practice Tips:
The Scalpel Phase: Write freely in your first draft, but be "ruthless" during the editing phase. Ask: "Can I communicate this same idea using fewer words?". 
Iceberg Theory: Popularized by Ernest Hemingway, this suggests that the "unsaid" (subtext) can often be more powerful than what is explicitly stated. 
Avoid "Info-Dumping": Instead of dropping large chunks of background information at once, reveal it naturally through character action or dialogue.