Definition of economics in English:


plural noun

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

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

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