economics

B1 Topic:Money & Finance
US /ˌɛkəˈnɑmɪks/ UK /ˌiːkəˈnɒmɪks/
noun Freq #11251

Meanings

  1. 1
    noun

    The study of how money, goods, and services are produced, shared, and used.

    She studied economics before going into banking.

  2. 2
    noun

    The financial aspects of a particular situation or activity.

    The economics of running a small bookshop are difficult.

Thesaurus

Synonyms
1 noun · the study of how money,... political economy
Word family
Derived forms agroeconomicsbioeconomicsburgernomicsbushonomicscarternomicsclinicoeconomicsclintonomicscounter-economicscountereconomicseconomeseenronomicsexergoeconomics

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: * from Middle French iconomique, oeconomique, and Old French iconomike (“(noun) household management; person in charge of household management; (adjective) relating to household management; relating to domestic or family matters; relating to management of a state; reducing costs or expenses, economical”) (modern French économique); and * from their etymon Latin oeconomicus (“(noun) household m…

View etymology graph ->

Topics

markdown

Send feedback

Optional — only if you'd like a reply.