economics Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “economics” in the English Dictionary

"economics" in British English

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economicsnoun [U]

uk   /ˌiː.kəˈnɒm.ɪks/ /ek.ə-/  us   /-ˈnɑː.mɪks/
B1 the way in which ​trade, ​industry, or ​money is ​organized, or the ​study of this: Their ​ideassoundfine in ​principle, but they haven't ​worked out the economics behind the ​policies. She's in her third ​year of ​studying economics at York University.

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(Definition of economics from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"economics" in American English

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economicsnoun [U]

 us   /ˌI·kəˈnɑm·ɪks, ˌek·ə-/
social studies the ​scientificstudy of the ​system by which a country’s ​wealth is made and used
(Definition of economics from the Cambridge Academic Content Dictionary © Cambridge University Press)

"economics" in Business English

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economicsnoun

uk   us   /ˌiːkəˈnɒmɪks/
[U] ECONOMICS the ​study of the way in which ​economieswork, for ​example, the way in which they make ​money and ​produce and ​distributegoods 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.
[plural] FINANCE businessactivities considered from a ​financialpoint 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 ​digitalbusiness to ​letconsumersbenefit.
(Definition of economics from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “economics”
in Arabic عِلم الاقتِصاد…
in Korean 경제학…
in Portuguese economia…
in Catalan (ciències) econòmiques…
in Japanese 経済学…
in Chinese (Simplified) 经济状况, 经济因素, 经济学…
in Turkish ekonomi/iktisat bilimi…
in Russian экономика (наука)…
in Chinese (Traditional) 經濟狀況, 經濟因素, 經濟學…
in Italian economia, scienze economiche…
in Polish ekonomia…
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“economics” in Business English

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