economics
Americannoun
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(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.
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(used with a plural verb) financial considerations; economically significant aspects.
What are the economics of such a project?
noun
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(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
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(functioning as plural) financial aspects
the economics of the project are very doubtful
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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.)
Etymology
Origin of economics
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The upgrade reflects the "depth and breadth" of European Union-Vietnamese cooperation, he said, adding: "We can do much more in trade, in green energy, in development economics, in security and defence."
From Barron's
He also earned his bachelor's at Stanford, researching regulation on prison phone call rates for his economics honors thesis.
Chelsey Dulaney is a reporter at The Wall Street Journal in London, where she writes about European economics, markets and finance.
He focuses on the region’s politics, economics and foreign policy.
Based in Johannesburg, Gabriele reported on life, politics, economics and public health on the continent and managed a team of correspondents.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.