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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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economics
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Social science that studies the production, distribution, and consumption of goods and services
Economics is a social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyses what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may incl... Wikipedia
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