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economics - 5 dictionary results
How Economics Works
 Mercatus Center at GMU Illuminating the dismal science
 www.mercatus.org
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ec⋅o⋅nom⋅ics

  [ek-uh-nom-iks, ee-kuh-]
Use economics in a Sentence
–noun
1. (used with a singular verb) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind.
2. (used with a plural verb) financial considerations; economically significant aspects: What are the economics of such a project?
Origin:
1785–95; see economic, -ics
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To economics
How Economics Works
 Mercatus Center at GMU Illuminating the dismal science
 www.mercatus.org
ec·o·nom·ics   (ěk'ə-nŏm'ĭks, ē'kə-)   
n.  
  1. (used with a sing. verb) The social science that deals with the production, distribution, and consumption of goods and services and with the theory and management of economies or economic systems.
  2. (used with a sing. or pl. verb) Economic matters, especially relevant financial considerations: "Economics are slowly killing the family farm" (Christian Science Monitor).
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Economics

E`co*nom"ics\, n. [Gr. ?, equiv. to ? ?. See Economic.]

1. The science of household affairs, or of domestic management.

2. Political economy; the science of the utilities or the useful application of wealth or material resources. See Political economy, under Political. "In politics and economics." --V. Knox.
Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc.
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Language Translation for : economics
Spanish: economía,
German: die Volkswirtschaft,
Japanese: 経済学
More Translations »

economics

The science that deals with the production, distribution, and consumption of commodities.

Note: Economics is generally understood to concern behavior that, given the scarcity of means, arises to achieve certain ends. When scarcity ceases, conventional economic theory may no longer be applicable. (See affluent society.)
Note: Economics is sometimes referred to as the “dismal science.”
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Economics

The study of how people use their limited resources in an attempt to satisfy unlimited wants.

Investopedia Commentary

Economics is often referred to as the Dismal Science.

Related Links

Economics Basics Tutorial

See also: Dismal Science, Economic Profit, Economies of Scale, Equilibrium, Keynesian Economics, Laffer Curve, Laissez Faire, Macroeconomics, Microeconomics, Scarcity, Supply Side Theory, Trickle Down Theory

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