adjective
of or relating to an economy, the system of production and management of material wealth
Synonyms
Examples
- economic growth
- aspects of social, political, and economical life
adjective
of or relating to the science of economics
Examples
- economic theory
adjective
using the minimum of time or resources necessary for effectiveness
Synonyms
Examples
- an economic use of home heating oil
- a modern economical heating system
- an economical use of her time
adjective
concerned with worldly necessities of life (especially money)
Examples
- he wrote the book primarily for economic reasons
- gave up the large house for economic reasons
- in economic terms they are very privileged
adjective
financially rewarding
Examples
- it was no longer economic to keep the factory open
- have to keep prices high enough to make it economic to continue the service