Definition of Economics

Babylon English
economics
n. study of the management of goods and services

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Economics definition was found in categories: Business & Finance(3)  Language, Idioms & Slang(3)  Social Science(2)  Entertainment & Music(1)  Encyclopedia(1)  

Economics Definition from Business & Finance Dictionaries & Glossaries

Campbell R. Harvey's Hypertextual Finance Glossary
Economics
The study of the economy. See: also macroeconomicsmicroeconomicskeynesian economicsmonetarism and supply-side economics.

Raynet Business & Marketing Glossary
Economics
the study of how the forces of supply and demand allocate scarce resources. Subdivided into microeconomics, which examines the behavior of firms, consumers and the role of government; and macroeconomics, which looks at inflation, unemployment, industrial production, and the role of government.

Sean_Woo's Finance,GIS & Real Estate Glossary
economics
the study of how society manages its scarce resources


Economics Definition from Language, Idioms & Slang Dictionaries & Glossaries

Webster's Revised Unabridged Dictionary (1913)
Economics
(n.)
The science of household affairs, or of domestic management.
  
(n.)
Political economy; the science of the utilities or the useful application of wealth or material resources. See Political economy, under Political.
  

WordNet 2.0
economics

Noun
1. the branch of social science that deals with the production and distribution and consumption of goods and services and their management
(synonym) economic science, political economy
(hypernym) social science
(hyponym) econometrics
(part-meronym) economic theory
(class) easy

English Phonetics


Economics Definition from Social Science Dictionaries & Glossaries

Environmental Economics Glossary
Economics
The study of choice and decision-making in a world with limited resources.

A Glossary of Political Economy Terms
Economics
The branch of the social sciences concerned primarily with analyzing and explaining human behavior in making decisions about the allocation of scarce resources. Economists study the complex ways in which the following are determined within a society: What goods and services are to be produced (and in what amounts)? By what means are these goods and services to be produced (using what combinations of the various substitutable factors of production)? How are the goods and services that are produced to be distributed among the individual members and groups in the society's population?

[See also: allocation]


Economics Definition from Entertainment & Music Dictionaries & Glossaries

English - Klingon
economics
n. HuchQeD


Economics Definition from Encyclopedia Dictionaries & Glossaries

Wikipedia English - The Free Encyclopedia
Economics
Economics is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Greek for oikos (house) and nomos (custom or law), hence "rules of the house(hold)."

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