Definition of economics in English:


plural noun

  • 1often treated as singular The branch of knowledge concerned with the production, consumption, and transfer of wealth.

    • ‘Agricultural economics is taught in a variety of institutional settings.’
    • ‘In most overseas countries the ideology of fundamentalist neoclassical economics has been thrown out.’
    • ‘I want to see a Europe that encourages liberal economics and gives people a choice.’
    • ‘I did not learn libertarianism or free market economics at the university.’
    • ‘The 1980s saw a revival of neoclassical free market economics.’
    • ‘She studied music at Oxford but after a year switched to politics, philosophy and economics.’
    • ‘This is a government whose domestic agenda is driven by free market economics and the desires of big business.’
    • ‘Often this point is overlooked in textbook discussions of industrial economics and the theory of the firm.’
    • ‘During the turbulent decades around 1900, Marxian economics was taught in British universities.’
    • ‘One of the basic principles of economics is that people make decisions on the margin.’
    • ‘They are most likely to acquire this stock of knowledge by studying economics at school.’
    • ‘This covers a number of issues but relates to the perception that economics is a subject that men do.’
    • ‘Beautifully written and argued, it brings the power of economics to life.’
    • ‘If you study Austrian economics, you will learn that a central tenet of the school is methodological individualism.’
    • ‘Perhaps you regret that you didn't take a course on economics from Murray Rothbard.’
    • ‘It was not an integral part of the new science of economics as taught by the Classical economists.’
    • ‘In most overseas countries the ideology of fundamentalist, neo-classical economics is seen as flawed.’
    • ‘The progress of sound economics against this doctrine has not been without setbacks.’
    • ‘Mainstream economics to date has not exhibited an enthusiasm for entering into methodological debate.’
    • ‘We invited all students who wanted to learn the economics of the Austrian School to apply.’
    financial affairs, money matters, pecuniary matters, fiscal matters, money management, commerce, business, investment, banking, accounting
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  • 2often treated as singular The condition of a region or group as regards material prosperity.

    ‘he is responsible for the island's modest economics’