Meaning of ECONOMICS in English

ECONOMICS

ec ‧ o ‧ nom ‧ ics W3 AC /ˌekəˈnɒmɪks, ˌiː- $ -ˈnɑː-/ BrE AmE noun

[ Word Family: noun : ↑ economics , ↑ economist , ↑ economy ; adjective : ↑ economic , ↑ economical ≠ UNECONOMIC(AL) , ↑ economy ; verb : ↑ economize ; adverb : ↑ economically ≠ ↑ uneconomically ]

1 . [uncountable] the study of the way in which money and goods are produced and used ⇨ economic :

a Harvard professor of economics

2 . [plural] the way in which money influences whether a plan, business etc will work effectively:

the economics of the scheme

⇨ ↑ home economics

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.