Definitions for Economicsˌɛk əˈnɒm ɪks, ˌi kə-

This page provides all possible meanings and translations of the word Economics

Princeton's WordNet

  1. economics, economic science, political economy(noun)

    the branch of social science that deals with the production and distribution and consumption of goods and services and their management


  1. Economics(n.)

    Political economy; the science of the utilities or the useful application of wealth or material resources; the study of the production, distribution, and consumption of goods and services of a nation or region, and its effect on the wealth of a country. See Political economy, under Political.

  2. Origin: [Gr. ta` o'ikonomika`, equiv. to "h o'ikonomi`a. See Economic.]


  1. economics(Noun)

    The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production.

  2. Origin: From economy, from oeconomia, from οἰκονομία, from οἶκος + νόμος.

Webster Dictionary

  1. Economics(noun)

    the science of household affairs, or of domestic management

  2. Economics(noun)

    political economy; the science of the utilities or the useful application of wealth or material resources. See Political economy, under Political

  3. Origin: [Gr. ta` o'ikonomika`, equiv. to "h o'ikonomi`a. See Economic.]


  1. Economics

    Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek οἰκονομία from οἶκος + νόμος, hence "rules of the house". Political economy was the earlier name for the subject, but economists in the late 19th century suggested "economics" as a shorter term for "economic science" that also avoided a narrow political-interest connotation and as similar in form to "mathematics", "ethics", and so forth. A focus of the subject is how economic agents behave or interact and how economies work. Consistent with this, a primary textbook distinction is between microeconomics and macroeconomics. Microeconomics examines the behavior of basic elements in the economy, including individual agents and markets, and their interactions. Macroeconomics analyzes the entire economy and issues affecting it, including unemployment, inflation, economic growth, and monetary and fiscal policy. Other broad distinctions include those between positive economics and normative economics; between economic theory and applied economics; between rational and behavioral economics; and between mainstream economics and heterodox economics.

The Roycroft Dictionary

  1. economics

    The science of the production, distribution and use of wealth, best understood by college professors on half-rations.

U.S. National Library of Medicine

  1. Economics

    The science of utilization, distribution, and consumption of services and materials.

British National Corpus

  1. Spoken Corpus Frequency

    Rank popularity for the word 'Economics' in Spoken Corpus Frequency: #3354

  2. Nouns Frequency

    Rank popularity for the word 'Economics' in Nouns Frequency: #1427

Sample Sentences & Example Usage

  1. Raymond F. DeVoe, Jr.:

    Economics is war pursued by other means.

  2. John Kenneth Galbraith:

    In economics, the majority is always wrong.

  3. Art Diefenbach:

    Without the customers, the economics just weren't there.

  4. Robert Heilbroner:

    Mathematics has given economics rigor, but alas, also mortis.

  5. Link Starbureiy:

    It turns out that the economics of the world is ideally parimutuel.

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