economics
See also: econòmics
English
Alternative forms
- œconomics (archaic)
Etymology
From economy, from Latin oeconomia, from Ancient Greek οἰκονομία (oikonomía, “management of a household, administration”), from οἶκος (oîkos, “house”) + νέμω (némō, “distribute, allocate”).
Pronunciation
- (General American, Canada) IPA(key): /ikəˈnɑmɪks/, /ɛkəˈnɑmɪks/
- (Received Pronunciation) IPA(key): /ˈikənɒmɪks/, /ˈɛkənɒmɪks/
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Noun
economics (uncountable)
- (social sciences) The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production.
- 2013 August 3, “Boundary problems”, in The Economist, volume 408, number 8847:
- Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too.
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Synonyms
- dismal science
- See also Thesaurus:economics
Derived terms
Related terms
Translations
study
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