Looking for the meaning of the word ECONOMICS in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of ECONOMICS with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Economics
Speech Type: Noun
mid 16th century (denoting the science of household management): from economic + the plural suffix -s, originally on the pattern of Greek ta oikonomika (plural), the name of a treatise by Aristotle. Current senses date from the mid 18th century
ˌiːkəˈnɒmɪks
ˌɛkəˈnɒmɪks
the branch of knowledge concerned with the production, consumption, and transfer of wealth.
Short Definition:branch of knowledge concerned with production, consumption
the condition of a region or group as regards material prosperity
Short Definition:condition of region or group as regards material prosperity
Examples:- he is responsible for the island's modest economics
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