1. relating to the economy or the system of producing, distributing, and consuming goods and services
2. profitable or cost-effective; providing good value for money

Examples

• The government announced new economic policies to reduce inflation.
• Economic growth has slowed down this quarter.
• The company made an economic decision to outsource production.
• Economic factors influenced the election results.
• It’s more economic to buy in bulk than individual items.
• The economic impact of the pandemic was severe.
• She studied economic theory in college.