Meaning

adjective of or relating to an economy, the system of production and management of material wealth

adjective of or relating to the science of economics

adjective using the minimum of time or resources necessary for effectiveness

originThe noun is derived from Middle English economike, iconomique (“household management”), and then: * from Middle French iconomique, oeconomique, and Old French iconomike (“(noun) household management; person in charge of household management; (adjective) relating to household management; relating to domestic or family matters; relating to management of a state; reducing costs or expenses,…

Etymology from Wiktionary, CC BY-SA 3.0