Etymology
Advertisement

economic (adj.)

1590s, "pertaining to management of a household," perhaps shortened from economical, or else from French économique or directly from Latin oeconomicus "of domestic economy," from Greek oikonomikos "practiced in the management of a household or family" (also the name of a treatise by Xenophon on the duties of domestic life), hence, "frugal, thrifty," from oikonomia "household management" (see economy (n.)). Meaning "relating to the science of economics" is from 1835 and now is the main sense, economical retaining the older one of "characterized by thrift."

Others are reading

Advertisement
Advertisement
Definitions of economic

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