Economics
[iːkə'nɒmɪks;ek-] or ['ikə'nɑmɪks;'ɛkə'nɑmɪks]
Definition
(noun.) the branch of social science that deals with the production and distribution and consumption of goods and services and their management.
Checked by Aida--From WordNet
Definition
(n.) The science of household affairs, or of domestic management.
(n.) Political economy; the science of the utilities or the useful application of wealth or material resources. See Political economy, under Political.
Editor: Theresa
Synonyms and Synonymous
n. Household management, household economy.
Inputed by Clara
Examples
- Unquestionably the doctrine-driven men who made the economics of the last century had much to do with the halo which encircled the smutted head of industrialism. Walter Lippmann. A Preface to Politics.
- After his performances were over he used to come down to '65' and talk economics, philosophy, moral science, and everything else. Frank Lewis Dyer. Edison, His Life and Inventions.
- Economics, as we know it to-day, is quite incapable of answering such a problem, for it is a matter that depends upon psychological investigation. Walter Lippmann. A Preface to Politics.
- Dignity and prestige were supplied by making economics the key of history; passion was chained by building paradise upon it. Walter Lippmann. A Preface to Politics.
- No one had speculated upon economics. H. G. Wells. The Outline of History_Being a Plain History of Life and Mankind.
- Thus it is customary to say that Adam Smith dates the change from the old mercantilist economy to the capitalistic economics of the nineteenth century. Walter Lippmann. A Preface to Politics.
Editor: Lois