Meaning of ECONOMICS in English


/ ˌiːkəˈnɒmɪks; ˌekə-; NAmE -ˈnɑːm-/ noun


[ U ] the study of how a society organizes its money, trade and industry :

He studied politics and economics at Yale.

Keynsian / Marxist economics

—see also home economics


[ pl. , U ] the way in which money influences, or is organized within an area of business or society :

The economics of the project are very encouraging.



late 16th cent. (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 late 18th cent.

Oxford Advanced Learner's English Dictionary.      Оксфордский английский словарь для изучающик язык на продвинутом уровне.