economics - definition in the Business English Dictionary - Cambridge Dictionaries Online

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

cup tie

a game between two teams trying to win a cup (= prize), especially in football

Word of the Day

What’s All The Commotion About? (Words to describe sounds)

by Kate Woodford,
May 20, 2015
​​​ In this post we look at a range of words and phrases that we use to describe noise and the absence of noise. Starting with complete quiet, we sometimes use the noun hush to describe silence: A hush fell over the room as the bride walked in./There was a deathly hush (=complete

Read More 

plyscraper noun

May 18, 2015
a skyscraper made mainly from wood The development of engineered timber could herald a new era of eco-friendly ‘plyscrapers’. Christchurch welcomed its first multistorey timber structure this year, there are plans for Vancouver, and the talk is China could follow

Read More