(used with a singular verb) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind.
(used with a plural verb) financial considerations; economically significant aspects: What are the economics of such a project?
Origin of economics
First recorded in 1785–95; see origin at economic, -ics
Still, Nobel’s gold medals have become an international symbol of unassailable excellence in the fields of physics, medicine, chemistry, economics, literature and the pursuit of peace.
A Nobel Pursuit Gone Wrong?|Tracy Moran|October 11, 2020|Ozy
If the economics profession wants to respond in a more diverse manner, as many in the field have earnestly professed, one statistic to have come out of the pandemic gives cause for concern.
Econ 3.0? What economists can contribute to (and learn from) the pandemic|Claire Beatty|September 28, 2020|MIT Technology Review
Its economics department includes someone you should all be familiar with, my Freakonomics friend and co-author.
Speak Softly and Carry Big Data (Ep. 395)|Stephen J. Dubner|October 31, 2019|Freakonomics
I use mathematical thinking, statistics, and data analysis constantly, whether I’m writing economics papers, trying to get better at golf, or hoping to pick winners at the race track.
America’s Math Curriculum Doesn’t Add Up (Ep. 391)|Steven D. Levitt|October 3, 2019|Freakonomics
That is decidedly not to say that politics and economics are irrelevant.
No Gods, No Cops, No Masters|James Poulos|January 1, 2015|DAILY BEAST
Today many in the economics and urban planning professions consider such factors close to irrelevant.
The Rustbelt Roars Back From the Dead|Joel Kotkin, Richey Piiparinen|December 7, 2014|DAILY BEAST
Even with my B.A. in English I can understand the economics involved: lots of cheap labor cheapens labor.
The Liberal Case Against Illegal Immigration|Doug McIntyre|November 25, 2014|DAILY BEAST
It seems to me that we are dealing with more than bottom-line economics and bottom-squeezing ergonomics.
Flying Coach Is the New Hell: How Airlines Engineer You Out of Room|Clive Irving|November 25, 2014|DAILY BEAST
The “stretched” cabins in new 737s and A320s transform their economics.
Flying Coach Is the New Hell: How Airlines Engineer You Out of Room|Clive Irving|November 25, 2014|DAILY BEAST
Our economics are false and mischievous, our aims are petty and low.
The Secret of a Happy Home (1896)|Marion Harland
In every college and university blind men should occupy chairs in history, English, economics, and mathematics.
Five Lectures on Blindness|Kate M. Foley
Here it is in the domain of economics just as shameless as in that of politics.
The German War|Arthur Conan Doyle
This conception of society altered men's theories of economics, of history, of government.
Some Christian Convictions|Henry Sloane Coffin
The next move in economics is going to be the statement of a shrewd, dogged, realizable ideal.
Crowds|Gerald Stanley Lee
British Dictionary definitions for economics
economics
/ (ˌiːkəˈnɒmɪks, ˌɛkə-) /
noun
(functioning as singular)the social science concerned with the production and consumption of goods and services and the analysis of the commercial activities of a societySee also macroeconomics, microeconomics
(functioning as plural)financial aspectsthe economics of the project are very doubtful
The science that deals with the production, distribution, and consumption of commodities.
notes for economics
Economics is generally understood to concern behavior that, given the scarcity of means, arises to achieve certain ends. When scarcity ceases, conventional economic theory may no longer be applicable. (See affluent society.)
notes for economics
Economics is sometimes referred to as the “dismal science.”