economics
See also: econòmics
English
Alternative forms
- œconomics (archaic)
Etymology
From economy + -ics, from Latin oeconomia, from Ancient Greek οἰκονομία (oikonomía, “the management of a household”).
Pronunciation
- (General American, Canada) IPA(key): /ˌikəˈnɑmɪks/, /ˌɛkəˈnɑmɪks/
Audio (US) (file) Audio (CA) (file)
- (Received Pronunciation) IPA(key): /ˌiːkəˈnɒmɪks/, /ˌɛkəˈnɒmɪks/
Audio (UK) (file)
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.
- Synonyms: dismal science; see also Thesaurus:economics
- Mary studied economics for 5 years before going into banking.
- 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.
Holonyms
Derived terms
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Translations
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Occitan
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