Main Entry: eco·nom·ic

Pronunciation: \ˌe-kə-ˈnä-mik, ˌē-kə-\

Function: adjective

Date: 1592

1 archaic : of or relating to a household or its management
2 : economical 2
3 a : of or relating to economics <economic theories> b : of, relating to, or based on the production, distribution, and consumption of goods and services <economic growth> c : of or relating to an economy <a group of economic advisers>
4 : having practical or industrial significance or uses : affecting material resources
5 : profitable