Yahoo Web Search

Search results

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

   • E

     1

   • C

     3

   • O

     1

   • N

     1

   • O

     1

   • M

     3

   • I

     1

   • C

     3

   • S

     1

   Powered by Oxford Languages

   More Definitions, Word Origin & ScrabbleShow less

2. openstax.org › books › principles-economics-3e1.1 What Is Economics, and Why Is It Important? - Principles ...

   openstax.org › books › principles-economics-3e

   • Cached

   Economics is the study of how humans make decisions in the face of scarcity. These can be individual decisions, family decisions, business decisions or societal ...

3. open.lib.umn.edu › principleseconomics › chapter1.1 Defining Economics – Principles of Economics

   open.lib.umn.edu › principleseconomics › chapter

   • Cached

   Economics is a social science that examines how people choose among the alternatives available to them. It is social because it involves people and their behavior. It is a science because it uses, as much as possible, a scientific approach in its investigation of choices.

4. www.econlib.org › library › TopicsWhat Is Economics? - Econlib

   www.econlib.org › library › Topics

   • Cached

   Political Economy or Economics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing. Thus it is on the one side a study of wealth; and on the other, and more important side, a part ...

5. 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.

6. economics.northwestern.edu › undergraduate › why-economicsWhat is Economics? - Northwestern University

   economics.northwestern.edu › undergraduate › why-economics

   • economics.northwestern.edu
   •   › Undergraduate
   •   › Why Study Economics

   Economists specializing in health care study how these factors influence the cost, availability, and distribution of medical care; and they attempt to determine how changes in the setting—for example, increasing government subsidies for preventive care—might affect the performance of the system.

7. openstax.org › books › principles-economics-2eCh. 1 Introduction - Principles of Economics 2e | OpenStax

   openstax.org › books › principles-economics-2e

   • Cached

   This leads us to the topic of this chapter, an introduction to the world of making decisions, processing information, and understanding behavior in markets —the world of economics. Each chapter in this book will start with a discussion about current (or sometimes past) events and revisit it at chapter’s end—to “bring home” the ...

8. www.khanacademy.org › economics-finance-domainEconomics | Khan Academy

   www.khanacademy.org › economics-finance-domain

   • Cached

   Basic economic concepts. Supply, demand, and market equilibrium. Elasticity. Consumer and producer surplus, market interventions, and international trade. Consumer theory. Production decisions and economic profit. Forms of competition. Factor markets. Market failure and the role of government.