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Economics

//ˌiː.kəˈnɒm.ɪks// noun

Definitions

Noun
  1. 1
    The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production. uncountable

    "Mary studied economics for five years before going into banking."

  2. 2
    the branch of social science that deals with the production and distribution and consumption of goods and services and their management wordnet

Etymology

From econom(y) + -ics, from Latin oeconomia, from Ancient Greek οἰκονομία (oikonomía, “the management of a household”).

See also for "economics"

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