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  1. Sep 28, 2017 · Meaning "relating to the science of economics" is from 1835 and now is the main sense, economical retaining the older one of "characterized by thrift." ergonomics (n.) "scientific study of the efficiency of people in the workplace," coined 1950 from Greek ergon "work" (from PIE root *werg- "to do") + second element of economics.

    • Economy

      The meaning "frugality, judicious use of resources" is from...

    • Economic

      economic. (adj.). 1590s, "pertaining to management of a...

  2. further revisions to definitions, pronunciation, etymology, headwords, variant spellings, quotations, and dates; new senses, phrases, and quotations. Revisions and additions of this kind were last incorporated into economics, n. in July 2023.

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  4. en.wikipedia.org › wiki › EconomicsEconomics - Wikipedia

    Economics (/ ˌ ɛ k ə ˈ n ɒ m ɪ k s, ˌ iː k ə-/) 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.

  5. Apr 19, 2024 · economics, social science that seeks to analyze and describe the production, distribution, and consumption of wealth. In the 19th century economics was the hobby of gentlemen of leisure and the vocation of a few academics; economists wrote about economic policy but were rarely consulted by legislators before decisions were made.

  6. Apr 8, 2020 · ORIGIN OF THE WORD “ECONOMICS”. The word ‘Economics’ is derived from a Greek word “Oikonomos”, where Oikos mean Household and nomos mean rule, law or management. So Oikonomos means “household management” or “management of house affairs”-i.e., how people earn income and resources and how they spend them on their necessities ...

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