economics

See also: econòmics

English

Alternative forms

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)

  1. (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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Adjective

economics

  1. masculine plural of economich
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