单词 | economics |
释义 | economics (once / 667 pages) n Economics studies the production, distribution and consumption of goods and services and their management. People get jobs, they make things, they sell those things, they get paid, they use that money to buy other things. Economics makes the world go round. Economics is a branch of social science. Like dueling political parties, economists also support different theories about how to best regulate the economy with government policies. Since it relates to the financial health of countries and how countries interact through trade, the relevance of economics is enormous and often the subject of the evening news. "Home Economics" is the somewhat antiquated yet still relevant notion of the management of money, food, laundry, and cleaning that keep a house running smoothly. WORD FAMILYeconomics: econometrist, microeconomics+/microeconomics: microeconomist/microeconomist: microeconomists USAGE EXAMPLESIt was the product of a system of economics in which I did not believe, and I wanted no part. Salon(Jan 02, 2017) “Businesses simply haven’t adjusted to a world of low interest rates,” said Paul Ashworth, chief North American economist for Capital Economics Ltd., a research firm. Wall Street Journal(Jan 02, 2017) Uniquely, too, this is a book whose subject is economics but whose message is geopolitical. The Guardian(Jan 02, 2017) n the branch of social science that deals with the production and distribution and consumption of goods and services and their management Syn|Hypo|Hyper economic science, political economy econometrics the application of mathematics and statistics to the study of economic and financial data financethe branch of economics that studies the management of money and other assets macroeconomicsthe branch of economics that studies the overall working of a national economy microeconomicsthe branch of economics that studies the economy of consumers or households or individual firms supply-side economicsthe school of economic theory that stresses the costs of production as a means of stimulating the economy; advocates policies that raise capital and labor output by increasing the incentive to produce social science the branch of science that studies society and the relationships of individual within a society |
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