- (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?
Origin of economics
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for economics
That is decidedly not to say that politics and economics are irrelevant.No Gods, No Cops, No Masters
January 1, 2015
Today many in the economics and urban planning professions consider such factors close to irrelevant.The Rustbelt Roars Back From the Dead
Joel Kotkin, Richey Piiparinen
December 7, 2014
Even with my B.A. in English I can understand the economics involved: lots of cheap labor cheapens labor.The Liberal Case Against Illegal Immigration
November 25, 2014
It seems to me that we are dealing with more than bottom-line economics and bottom-squeezing ergonomics.
The “stretched” cabins in new 737s and A320s transform their economics.
The liberal party appears to be vanquished in the sphere of economics.The Three Cities Trilogy, Complete
Nothing can permanently prevent the operation of this first law of economics.Freeland
Economics are stubborn things and cannot be successfully dealt with emotionally.War Taxation
Otto H. Kahn
Especially were they burdened with books on economics and political science.Herbert Hoover
The final topic in the course is the formulation of a definition of economics.College Teaching
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Word Origin and History for economics
Online Etymology Dictionary, © 2010 Douglas Harper
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.)
Economics is sometimes referred to as the “dismal science.”
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.