Economic vs. Economical

Economic is not same as economical.

                                                          

Economical means frugal, careful in management, not exaggerated or excessive; it has to do with saving.

• the most economical method

    

Economic means of or relating to production, distribution or management of wealth, pertaining to financial matters of a country or household. It means connected with the science of economics: relating to trade, commerce, the production and distribution of wealth, etc.

• economic problems
• a period of economic expansion.