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
Discover More
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.
“It’s rooted in housing policy and economics, but at its core, it’s about people — and stories like this aren’t always easy to back in an industry built to minimize risk,” Pine said in a statement.
From Los Angeles Times
Mr. Easterly is professor emeritus of economics at New York University and the author of “Violent Saviors.”
He helped lead presidential campaign coverage for the Los Angeles Times and served as the paper’s White House and Washington economics editor.
Albertson began looking into the subject as an undergraduate at Purdue University Fort Wayne, out of an interest in different investment strategies, before earning a master’s degree in applied economics from Georgetown.
From Barron's
“In the U.S., it’s really all about the economics.”
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.
