Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “economics”

See all translations

economics

noun
 
 
/ˌiːkəˈnɒmɪks/
[U] ECONOMICS the study of the way in which economies work, for example, the way in which they make money and produce and distribute goods and services: One of the laws of economics is that today's shortage is tomorrow's glut. He has a degree in economics. She's economics professor/professor of economics at the University of Berkeley. →  See also applied economics , classical economics , development economics , financial economics , global economics , industrial economics , information economics , labour economics , macroeconomics , mathematical economics , microeconomics , supply-side economics , welfare economics
[plural] FINANCE business activities considered from a financial point of view, and whether or not products or services are likely to make a profit: Energy policy must be built on economics if it is to succeed. We are trying to change the economics of the digital business to let consumers benefit.
Translations of “economics”
in Korean 경제학…
in Arabic عِلم الاقتِصاد…
in Portuguese economia…
in Catalan (ciències) econòmiques…
in Japanese 経済学…
in Italian economia, scienze economiche…
in Chinese (Traditional) 經濟狀況, 經濟因素, 經濟學…
in Russian экономика (наука)…
in Turkish ekonomi/iktisat bilimi…
in Chinese (Simplified) 经济状况, 经济因素, 经济学…
in Polish ekonomia…
(Definition of economics from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of economics?
Add Cambridge dictionaries to your browser to your website

Definitions of “economics” in other dictionaries

Word of the Day

bad/hard/tough luck

said to express sympathy with someone when something bad has happened to them

Word of the Day

Think long and hard; the language of decisions

by Liz Walter,
January 28, 2015
One of the best ways (perhaps the best way) to improve your English is to learn how words go together in phrases, idioms, or other patterns such as verb/noun or adjective/noun pairs (often called ‘collocations’). This blog looks at some useful phrases and collocations connected with the subject of decisions, something we

Read More 

micro pig noun

January 26, 2015
an extremely small pig, bred to be a pet Micro pigs have become popular pets recently, with famous owners including Victoria Beckham, Paris Hilton and Olympic diver, Tom Daley.

Read More