economics

B1 Topic:Economics & Markets

US /ˌɛkəˈnɑmɪks/ UK /ˌiːkəˈnɒmɪks/ See IPA manual

Freq #11251

Meanings

1

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

She studied economics before going into banking.
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

Related forms capital consumption currency demand economy inflation interest investment loss market money price

Appears in

Phrases (1)

See all

positive economics
the study of what happens in an economy and why, without prescribing what ought to happen

Adjective + noun

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…

*weyḱ- Proto-Indo-European economike Middle English iconomique Middle French iconomike Old French oeconomicus Latin οἰκονομῐκός Ancient Greek *nem- Proto-Indo-European

View etymology graph ->

Topics

Economics & Markets Money & Finance

External links

# economics

**Type:** Word
**Level:** B1
**Part of speech:** noun
**IPA (US):** /ˌɛkəˈnɑmɪks/
**IPA (UK):** /ˌiːkəˈnɒmɪks/
**Frequency rank:** 11251

## Meanings
1. The study of how money, goods, and services are produced, shared, and used.
2. The financial aspects of a particular situation or activity.

## Examples
- She studied economics before going into banking.
- The economics of running a small bookshop are difficult.

## Derived Forms
- agroeconomics
- bioeconomics
- burgernomics
- bushonomics
- carternomics
- clinicoeconomics
- clintonomics
- counter-economics
- countereconomics
- economese
- enronomics
- exergoeconomics

## Related Forms
- capital
- consumption
- currency
- demand
- economy
- inflation
- interest
- investment
- loss
- market
- money
- price

## Roots and Affixes
- Root: *weyḱ-
- Root: economike
- Root: iconomique
- Root: iconomike
- Root: oeconomicus
- Root: οἰκονομῐκός
- Root: *nem-

## 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…

## AI Etymology
Economics comes from economic (noun) (obsolete) + -s (suffix forming pluralia tantum, and regular plural forms of nouns). In current use, the main senses are “The study of how money, goods, and services are produced, shared, and used” and “The financial aspects of a particular situation or activity”.

## Topics
- Economics & Markets
- Money & Finance

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