Main Entry:

eco·nom·ic

Pronunciation:

\ˌe-kə-ˈnä-mik, ˌē-kə-\

Function:

adjective

Date:

1592

1archaic : of or relating to a household or its management2: economical 23 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 resources5: profitable