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Definition economics in American English

economics noun

noun
/ˌikəˈnɑmɪks/
1

the study of the way that goods and services are produced and sold and the way money is managed

Example

Dillon studied economics at Northeastern University.

Synonyms and related words
1.1

relating to economics

Example

an economics teacher/student/class

Synonyms and related words
2

the conditions that affect the economic success or failure of a product, company, country, etc.

Example

The simple economics of the case are easy to explain.

Example

These new developments radically changed the economics of the newspaper industry.

Synonyms and related words
Definition economics in American English