The Economy Block is a square within a square within a square. It is the perfect place to use your special (aka expensive!) focal fabric in the centre and then build out to give a block twice the size - I guess that was why it got it's name. However it came about that square in the middle is perfect for fussy cuts.
There are several ways in which it can be constructed, paper piecing, snowballing or adding triangles onto the the squares. There is even a hack to make it from all squares cut on the diagonal if you don't mind losing the points.
Threadbare Creations did several posts on the Economy block including layouts and colour variations
Mustard Fringe creates an 8 inch block
And then there is the "pointless" version from Missouri Star - also called the Exploding Block
ISeeStars also uses the "pointless" technique but takes it out another row
Carol Thelen includes techniques for paper piecing, rotary cutting and also Accuquilt
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