Lernwerd

economics

//ˌiːkəˈnɒmɪks//

Noun

A word that identifies a person, place, thing, or idea.

Note for economics

Mnemonics, your own examples, reminders…

Definitions

  1. 1.The study of resource and wealth allocation, consumption, and distribution, of capital and investment, and of management of the factors of production.

    • Mary studied economics for five years before going into banking.
    • The economics of running a restaurant are not easy to get right.
    • 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.

Frequency

Overall

Uncommon· #3130

By learning goal

Everyday conversation
Rare
General reading & writing
Uncommon
Academic
Rare
Literature
Rare

Related words

Word family

Etymology

From economic (noun) (obsolete) + -s (suffix forming pluralia tantum, and regular plural forms of nouns). Economic is derived from Middle English economike, iconomique (“household management”), and then:

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