What does economics mean?
Definitions for economics
ˌɛk əˈnɒm ɪks, ˌi kə-eco·nom·ics
Here are all the possible meanings and translations of the word economics.
Princeton's WordNet
economics, economic science, political economynoun
the branch of social science that deals with the production and distribution and consumption of goods and services and their management
GCIDE
Economicsnoun
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.
Etymology: [Gr. ta` o'ikonomika`, equiv. to "h o'ikonomi`a. See Economic.]
Wiktionary
economicsnoun
The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production.
Etymology: From economy, from oeconomia, from οἰκονομία, from οἶκος + νόμος.
Webster Dictionary
Economicsnoun
the science of household affairs, or of domestic management
Etymology: [Gr. ta` o'ikonomika`, equiv. to "h o'ikonomi`a. See Economic.]
Economicsnoun
political economy; the science of the utilities or the useful application of wealth or material resources. See Political economy, under Political
Etymology: [Gr. ta` o'ikonomika`, equiv. to "h o'ikonomi`a. See Economic.]
Freebase
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
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
Economics
The science of utilization, distribution, and consumption of services and materials.
Editors Contribution
economics
The act, process and science of creating, managing, stimulating and generating an economy.
Economics is simple when we look at it in a simple manner.
Submitted by MaryC on March 7, 2020
Matched Categories
British National Corpus
Spoken Corpus Frequency
Rank popularity for the word 'economics' in Spoken Corpus Frequency: #3354
Nouns Frequency
Rank popularity for the word 'economics' in Nouns Frequency: #1427
Numerology
Chaldean Numerology
The numerical value of economics in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of economics in Pythagorean Numerology is: 6
Examples of economics in a Sentence
NASA and the US Department of Energy did a study in the late 70s that cost $ 20 million at the time and looked at it in pretty great depth, the conclusion at that time was that there was nothing wrong with the physics but the real question is the economics.
We’ve got the resources, so the economics are not a concern, but we want to run three cars that win races and compete for the championship.
It's an integrated plan that knits together return[ing] to the moon on a commercial and international basis, leveraging asteroid rendezvous, and settling Mars on a carefully developed risk-mitigation architecture, it includes the use of a robotic cycler between Mars and Earth that will revolutionize the economics and safety aspects of human missions to Mars.
To a certain degree, this reduces the economics of storing oil for later delivery, it's also feeds the idea that the supply-demand balance is swinging the other way, from surplus to tightness.
Demand is increasing, notably in gasoline, I think most of the market expects that eventually we'll break through to the upside - but in the meantime producers are taking a realistic view on the commodity, it's reflective of a move to lock in favourable economics and support the portfolio before they get ready to ramp production back up.
Popularity rank by frequency of use
Translations for economics
From our Multilingual Translation Dictionary
- ekonomieAfrikaans
- economíaAragonese
- علم الاقتصاد, اقتصادArabic
- iqtisadAzerbaijani
- экано́мікаBelarusian
- иконо́микаBulgarian
- nafasorosiraBambara
- অর্থনীতিBengali
- armerzhBreton
- economiaCatalan, Valencian
- ekonomieCzech
- экономикаChuvash
- economegWelsh
- økonomiDanish
- Wirtschaftswissenschaft, ÖkonomieGerman
- οικονομικάGreek
- ekonomikoEsperanto
- economía, ciencias económicasSpanish
- majandusteadusEstonian
- ekonomiaBasque
- اقتصادPersian
- ekonomia, kansantaloustiede, taloustiedeFinnish
- búskapurFaroese
- économieFrench
- ekonomyWestern Frisian
- eacnamaíochtIrish
- economíaGalician
- כלכלהHebrew
- अर्थशास्त्रHindi
- közgazdaságtanHungarian
- տնտեսագիտությունArmenian
- economiaInterlingua
- ilmu ekonomiIndonesian
- ekonomikoIdo
- hagfræðiIcelandic
- economiaItalian
- 経済学Japanese
- ekonomiJavanese
- ეკონომიკაGeorgian
- សេដ្ឋសាស្ត្រ, សេដ្ឋវិទ្យាKhmer
- 경제학, 經濟學Korean
- ئابووریKurdish
- экономикаKyrgyz
- oeconomiaLatin
- EconomieLuxembourgish, Letzeburgesch
- EconomieLimburgish, Limburgan, Limburger
- ເສດຖະສາດLao
- ekonomikaLithuanian
- ekonomikaLatvian
- toe-karenaMalagasy
- економијаMacedonian
- अर्थशास्त्रMarathi
- ekonomiMalay
- economieDutch
- økonomiNorwegian
- naʼiiniʼ naalkaahNavajo, Navaho
- economiaOccitan
- ekonomika, ekonomiaPolish
- اقتصادPashto, Pushto
- economiaPortuguese
- economieRomanian
- эконо́микаRussian
- अर्थशास्त्रंSanskrit
- економија, ekonomijaSerbo-Croatian
- ekonómiaSlovak
- ekonomijaSlovene
- dhaqaaleSomali
- ekonomiaAlbanian
- ekonomiSwedish
- uchumiSwahili
- பொருளியல்Tamil
- ఆర్థిక, ఆర్థిక శాస్త్రముTelugu
- иқтисодTajik
- เศรษฐศาสตร์Thai
- ekonomikaTagalog
- iktisatTurkish
- иктисатTatar
- ئىقتىسادشۇناسلىقUyghur, Uighur
- еконо́мікаUkrainian
- معاشیاتUrdu
- iqtisodiyotUzbek
- kinh tế học, 經濟學Vietnamese
- konömavVolapük
- koom-koomWolof
- עקאנאמיקYiddish
- 经济学Chinese
Get even more translations for economics »
Translation
Find a translation for the economics definition in other languages:
Select another language:
- - Select -
- 简体中文 (Chinese - Simplified)
- 繁體中文 (Chinese - Traditional)
- Español (Spanish)
- Esperanto (Esperanto)
- 日本語 (Japanese)
- Português (Portuguese)
- Deutsch (German)
- العربية (Arabic)
- Français (French)
- Русский (Russian)
- ಕನ್ನಡ (Kannada)
- 한국어 (Korean)
- עברית (Hebrew)
- Gaeilge (Irish)
- Українська (Ukrainian)
- اردو (Urdu)
- Magyar (Hungarian)
- मानक हिन्दी (Hindi)
- Indonesia (Indonesian)
- Italiano (Italian)
- தமிழ் (Tamil)
- Türkçe (Turkish)
- తెలుగు (Telugu)
- ภาษาไทย (Thai)
- Tiếng Việt (Vietnamese)
- Čeština (Czech)
- Polski (Polish)
- Bahasa Indonesia (Indonesian)
- Românește (Romanian)
- Nederlands (Dutch)
- Ελληνικά (Greek)
- Latinum (Latin)
- Svenska (Swedish)
- Dansk (Danish)
- Suomi (Finnish)
- فارسی (Persian)
- ייִדיש (Yiddish)
- հայերեն (Armenian)
- Norsk (Norwegian)
- English (English)
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Citation
Use the citation below to add this definition to your bibliography:
"economics." Definitions.net. STANDS4 LLC, 2022. Web. 26 May 2022. <https://www.definitions.net/definition/economics>.
Discuss these economics definitions with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In