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.
MercadoLibre is leveraging its relationship with both merchants and customers to grow at attractive rates and attractive economics.
From Barron's
Instead, they will boast sustainable economics, regulatory compliance and balance sheets strong enough to survive the stress tests ahead.
From MarketWatch
The result was “a sea change in the economics of the malpractice plaintiffs’ bar,” Rand found, with cases where the judgment cap would cut too deeply into attorney fees getting short shrift.
From Los Angeles Times
Elara Securities upgrades the insurer’s rating to buy from accumulate, citing reasonable valuations and unchanged franchise value and business economics.
Nick Timiraos is chief economics correspondent for The Wall Street Journal and is based in Washington.
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.
