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Economic or Economical?

Economic pertains to the economy.

Economical means not wasteful.



Economic

The adjective economic pertains to the economy, finances or wealth.

Examples:

The economic deceleration will likely cause a further fall in unemployment.

The host will interview the winners and losers from current economic situation.

It's not about money - he is fine from an economic perspective.

Economical

The adjective economical denotes that something saves money or resources or is not wasteful of money or resources.

Examples:

It has a powerful yet economical engine that is suitable for high-mileage drivers.

The most practical and economical way to see Brazil is by air.

The Adverb Is Economically

The adverb is easy – it's economically for both.

Examples:

Economically, the country is in good shape.

The car runs economically.