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1. Dictionary

   Ec·o·nom·ics

   /ˌekəˈnämiks/

   

   plural

   • 1. the branch of knowledge concerned with the production, consumption, and transfer of wealth.
   • 2. the condition of a region or group as regards material prosperity: "he is responsible for the island's modest economics"

   Scrabble Points: 15

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   • O

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   • N

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   • O

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   • M

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   • I

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   • C

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   • S

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2. People also ask

   What does economics mean?

   • : a social science concerned with description and analysis of the production, distribution, and consumption of goods and services Nglish: Translation of economics for Spanish Speakers Britannica English: Translation of economics for Arabic Speakers Britannica.com: Encyclopedia article about economics Love words? Need even more definitions?

   Economics Definition & Meaning - Merriam-Webster

   www.merriam-webster.com/dictionary/economics

   See all results for this question

   What is economics a social science?

   • Economics is a social science that focuses on the production, distribution, and consumption of goods and services. The study of economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources.

   Economics Defined with Types, Indicators, and Systems - Investopedia

   www.investopedia.com/terms/e/economics.asp

   See all results for this question

   What is macroeconomics & microeconomics?

   • Economics is a broad discipline that helps us understand historical trends, interpret today’s headlines, and make predictions about the coming years. Economics ranges from the very small to the very large. The study of individual decisions is called microeconomics. The study of the economy as a whole is called macroeconomics.

   What is economics? - American Economic Association

   www.aeaweb.org/resources/students/what-is-economics

   See all results for this question

   What is economics & why is it important?

   • It often involves topics like wealth and finance, but it’s not all about money. Economics is a broad discipline that helps us understand historical trends, interpret today’s headlines, and make predictions about the coming years. Economics ranges from the very small to the very large.

   What is economics? - American Economic Association

   www.aeaweb.org/resources/students/what-is-economics

   See all results for this question

3. www.investopedia.com › terms › eEconomics Defined with Types, Indicators, and Systems

   www.investopedia.com › terms › e

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   Apr 4, 2024 · Economics is a social science that studies how people allocate scarce resources for production, distribution, and consumption. Learn about the two branches of economics, microeconomics and macroeconomics, and the key economic indicators and systems that measure and shape the economy.

4. www.merriam-webster.com › dictionary › economicsEconomics Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › economics

   • Cached

   Learn the meaning of economics, a social science that studies the production, distribution, and consumption of goods and services. See examples, word history, phrases, and related entries.

5. Videos

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6. www.dictionary.com › browse › economicsECONOMICS Definition & Meaning | Dictionary.com

   www.dictionary.com › browse › economics

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   Economics definition: the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind.. See examples of ECONOMICS used in a sentence.

7. dictionary.cambridge.org › english › economicsECONOMICS | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › english › economics

   • Cached

   Economics is the scientific study of the system by which a country’s wealth is made and used, or the way in which economies work. Learn more about the meaning, history, branches, and applications of economics with Cambridge Dictionary.

8. www.aeaweb.org › resources › studentsWhat is economics? - American Economic Association

   www.aeaweb.org › resources › students

   • Cached

   Economics is a broad discipline that helps us understand historical trends, interpret today’s headlines, and make predictions about the coming years. Economics ranges from the very small to the very large. The study of individual decisions is called microeconomics. The study of the economy as a whole is called macroeconomics.

9. www.britannica.com › money › economicsEconomics | Definition, History, Examples, Types, & Facts ...

   www.britannica.com › money › economics

   • Cached

   May 18, 2024 · Economics is the social science that studies how people make choices about wealth, resources, and markets. Learn about the history, branches, and applications of economics from Britannica's experts.

10. www.khanacademy.org › economics-finance-domainIntroduction to economics (video) | Khan Academy

    www.khanacademy.org › economics-finance-domain

    • Cached

    Introduction to economics. In this video, we introduce the field of economics using quotes from the person that many consider to be the "father" of economics: Adam Smith. Topics include the definition of economics, microeconomics, and macroeconomics as a field and the role of assumptions in economic decisionmaking. Created by Sal Khan.