Economic vs. Economical
What are the differences between economic and economical?
Economic refers to the study of how goods, services, and resources are produced, distributed, and consumed. It is related to the production, consumption, and transfer of wealth. an example of its proper use in a sentence is: "The economic growth of the country has been impressive in recent years."
Economical, on the other hand, refers to something that is cost-effective or careful with money. An example of its proper use in a sentence is: "The company chose to go with the more economical option of buying in bulk."
Why do people commonly confuse economic and economical?
People commonly confuse economic and economical because they are similar in spelling and pronunciation. Additionally, the words have overlapping definitions, as both are related to the management and use of resources. Economic refers to the study or practice of the production, distribution, and consumption of goods and services, while economical refers to being judicious in the use of resources.
What are some ways to make sure you don't confuse economic and economical?
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Understand the definitions of economic and economical: Economic refers to the system and study of the production, distribution, and consumption of goods and services, while economical refers to the efficient or judicious use of resources.
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Use the words in context to help you remember the differences: For example, “The government’s economic policies have had a positive impact on the economy,” is different from “The economical use of resources is necessary to reduce spending.”
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Use a mnemonic device, such as “E for Economy, E for Economical” to help you remember.
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If you’re unsure about which word to use, look up the definitions for both words and make sure you’re using the correct one.
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Read your sentence aloud and see which word makes the most sense.
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