WordReference Random House Learner's Dictionary of American English © 2015
ec•o•nom•ic /ˌɛkəˈnɑmɪk, ˌikə-/USA pronunciation adj. 
  1. Business[before a noun] of or relating to the production, distribution, and use of income, wealth, and goods and services.
  2. Business[before a noun] of or relating to the science of economics.
  3. Businesseconomical.

Collins Concise English Dictionary © HarperCollins Publishers::

economic /ˌiːkəˈnɒmɪk ˌɛkə-/ adj
  1. of or relating to an economy, economics, or finance
  2. Brit capable of being produced, operated, etc, for profit; profitable
  3. concerning or affecting material resources or welfare: economic pests
  4. concerned with or relating to the necessities of life; utilitarian
  5. a variant of economical
  6. informal inexpensive; cheap

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