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View synonyms for economics
economics
[ ek-uh-nom-iks, ee-kuh- ]
noun
- (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.
- (used with a plural verb) financial considerations; economically significant aspects:
What are the economics of such a project?
economics
/ ˌiːkəˈnɒmɪks; ˌɛkə- /
noun
- functioning as singular the social science concerned with the production and consumption of goods and services and the analysis of the commercial activities of a society See also macroeconomics microeconomics
- functioning as plural financial aspects
the economics of the project are very doubtful
economics
- The science that deals with the production, distribution , and consumption of commodities .
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Notes
Economics is sometimes referred to as the “dismal science.”
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 .)
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Word History and Origins
Origin of economics1
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Example Sentences
Mr Nagel called Trump's tariff policy "economics from the past" and "definitely not a good idea".
From BBC
“Part of it is the economics of rebuilding,” Alexander said.
From Los Angeles Times
You didn’t need a doctorate in economics to know that was unlikely to happen.
From Los Angeles Times
Less than three years later, they're both full members and already reaping the benefits, in terms of both national security and economics.
From BBC
Daniel Sumner, a distinguished professor of agricultural economics at UC Davis, said farmers could take multiple hits.
From Los Angeles Times
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