Definify.com
Webster 1913 Edition
Economics
1.
The science of household affairs, or of domestic management.
Definition 2024
economics
economics
See also: econòmics
English
Alternative forms
- œconomics (archaic)
Noun
economics (uncountable)
- (social sciences) The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production.
- 2013 August 3, “Boundary problems”, in The Economist, volume 408, number 8847:
- 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.
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Synonyms
- dismal science
- See also Wikisaurus:economics
Derived terms
Related terms
Translations
study
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