economics

Noun

• the branch of social science that deals with the production and distribution and consumption of goods and services and their management
• The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production.

Examples

• Mary studied economics for five years before going into banking.

Synonyms

economic science, political economy, dismal science, economics

Related Words

:Category:Economics, capital, consumption, currency, demand, economy, inflation, interest, investment, loss, market, money, price, production, profit, resource, supply, yield