Economical
Part of speech: adjective
Definition: Careful with money so as not to spend too much; prudent; thrifty. Relating to economy in any other sense.
Economic
Part of speech: adjective
Definition: pertaining to an economyfrugal; cheap (in the sense of representing good value); economical.pertaining to the study of money and its movement
Example sentence: As sure as the spring will follow the winter, prosperity and economic growth will follow recession.