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economics

Meaning in simple English, pronunciation and examples

Pronunciation: US /ˌekəˈnɑːmɪks/ · UK /ˌiːkəˈnɒmɪks/

economics means: The study of how people make, buy, and use goods and services, and how money is managed.

noun

STUDY OF ECONOMYB1

The study of how people make, buy, and use goods and services, and how money is managed.

  • She studies economics at university.
  • Our economics class discussed rising prices.
  • He has a degree in economics and works for a bank.

Similar words: economic science

Common phrases: study economics, economics degree, economics professor, economics class

PARTICULAR FIELDC1

The study of money, resources, and costs in a particular area of activity.

  • Her research focuses on health economics.
  • Rural economics includes the study of farming incomes.
  • They discussed the economics of providing free public transport.

How to use it: economics of something (The report examines the economics of wind power.)

Common phrases: rural economics, health economics, agricultural economics, environmental economics

Questions about economics

What does economics mean?

The study of how people make, buy, and use goods and services, and how money is managed.

What is economics in other languages?

Türkçe: iktisat · Español: economía · Français: économie · Deutsch: Volkswirtschaftslehre · Italiano: economia · 日本語: 経済学

How do you pronounce economics?

In American English /ˌekəˈnɑːmɪks/; in British English /ˌiːkəˈnɒmɪks/.

How do you use economics in a sentence?

She studies economics at university. Our economics class discussed rising prices.

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economics in other languages

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