Definition of ECONOMICS

economics

Noun

  • the branch of social science that deals with the production and distribution and consumption of goods and services and their management
  • The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production.

Examples

  • "Mary studied economics for five years before going into banking."

Origin / Etymology

From econom(y) + -ics, from Latin oeconomia, from Ancient Greek οἰκονομία (oikonomía, “the management of a household”).

Synonyms

dismal science, economic science, economics, political economy

Scrabble Score: 15

economics is a valid Scrabble (US) TWL word
economics is a valid Scrabble Word in Merriam-Webster MW Dictionary
economics is a valid Scrabble Word in International Collins CSW Dictionary

Words With Friends Score: 19

economics is a valid Words With Friends word