economics

[ek-uh-nom-iks, ee-kuh-]
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. 2014.
Cite This Source Link To economics
Collins
World English Dictionary
economics (ˌiːkəˈnɒmɪks, ˌɛkə-)
 
n
1.  (functioning as singular) macroeconomics See also microeconomics the social science concerned with the production and consumption of goods and services and the analysis of the commercial activities of a society
2.  (functioning as plural) financial aspects: the economics of the project are very doubtful

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Etymonline
Word Origin & History

economics
"science of wealth," 1792, from economic.
Online Etymology Dictionary, © 2010 Douglas Harper
Cite This Source
American Heritage
Cultural Dictionary

economics definition


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.
Cite This Source
Example sentences
The successful applicant must have a field of specialization in macroeconomics
  and monetary economics.
Its one of the simple principles of economics.
Upon looking into the economics of disarmament one soon makes a decisive
  discovery.
He's been giving speeches and writing about exponential economics.
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature
FAVORITES
RECENT

;