economic vs economical : Common Errors in English

About economic vs economical

Something is economical if it saves you money; but if you’re talkingabout the effect of some measure on the world’s economy, it’s aneconomic effect.

economic Meaning(s)

  • (a) of or relating to an economy, the system of production and management of material wealth
  • (a) of or relating to the science of economics
  • (s) using the minimum of time or resources necessary for effectiveness
  • (s) concerned with worldly necessities of life (especially money)
  • (s) financially rewarding

economical Meaning(s)

  • (s) using the minimum of time or resources necessary for effectiveness
  • (a) of or relating to an economy, the system of production and management of material wealth
  • (s) avoiding waste

economic in News

  1. Gilroy Economic Development Corporation adopts new Action Plan

    The Gilroy Economic Development Corporation formally adopted a new Action Plan at its board meeting Wednesday. The plan will focus on three core objectives for Gilroy: Business attraction, business ex
    on June 14, 2013 Source: The Gilroy Dispatch

  2. Cayuga Economic Development Agency hires new specialist

    The Cayuga Economic Development Agency has announced the hiring of a new economic development specialist.
    on June 14, 2013 Source: The Auburn Citizen

  3. Economic development put on hold

    VALE — Acting on previous discussions about the direction of the Malheur County Economic Development Department, the County Court voted Wednesday to suspend operations of the department temporarily, b
    on June 13, 2013 Source: Argus Observer

economical in News

  1. Research and Markets: Energy Management Reference Library CD, 4th Edition

    DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/kj7t7c/energy_management) has announced the addition of the "Energy Management Reference Library CD, 4th Edition" report to their offering. Including over 2000 pages of text, graphics, charts and illustrations, the Energy Management Reference Library CD provides an economical training, research and ...
    on June 13, 2013 Source: Business Wire

  2. Cisco Adds Carrier Routing System X (CRS-X) Core Router to Industry-Leading CRS Family

    Cisco today introduced the Carrier Routing System-X , the newest addition to the industry-leading CRS Family, providing unmatched economical scale and lasting investment protection for more than 750 telecommunications ...
    on June 12, 2013 Source: Marketwired via Yahoo! Finance

  3. Pioneer Potluck: About Bob's old Ford Escort

    Bob needed an economical car to go back and forth to work as a carpenter for Unocal. He spotted a two door Ford Escort at the old Unocal camp across from the plant. He asked around to see if it was for sale and if it ran. It was and it did. He bought it for $50.
    on June 12, 2013 Source: Peninsula Clarion

Lightning fast vocabulary building for SAT, ACT, GRE, GMAT and CAT