window.ga=window.ga||function(){(ga.q=ga.q||[]).push(arguments)};ga.l=+new Date; Economics The study of how people produce, trade, and use goods and services. { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, Economics is the study of the way in which money, industry, and trade are organized in a society. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot2' }}]}]; Improve your vocabulary with English Vocabulary in Use from Cambridge.Learn the words you need to communicate with confidence. dfpSlots['topslot_a'] = googletag.defineSlot('/2863368/topslot', [], 'ad_topslot_a').defineSizeMapping(mapping_topslot_a).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'center').addService(googletag.pubads()); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, { bidder: 'sovrn', params: { tagid: '387232' }}, See more. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, { bidder: 'sovrn', params: { tagid: '705055' }}, {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, var pbHdSlots = [ },{ 'min': 0, var pbMobileHrSlots = [ { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, }, iasLog("criterion : cdo_t = finance"); { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, { bidder: 'sovrn', params: { tagid: '705055' }}, {code: 'ad_rightslot2', pubstack: { adUnitName: 'cdo_rightslot2', adUnitPath: '/2863368/rightslot2' }, mediaTypes: { banner: { sizes: [[300, 250], [120, 600], [160, 600]] } }, }); Which of the following is a type of amphibian? Click on the arrows to change the translation direction. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'sovrn', params: { tagid: '346698' }}, { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, var mapping_rightslot = googletag.sizeMapping().addSize([746, 0], [[300, 250]]).addSize([0, 0], []).build(); ga('send', 'pageview'); Add economics to one of your lists below, or create a new one. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, This is the dynamic online version of The New Palgrave Dictionary of Economics. { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, var mapping_topslot_b = googletag.sizeMapping().addSize([746, 0], [[728, 90]]).addSize([0, 0], []).build(); { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, var pbjs = pbjs || {}; {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, Economics is defined as a science that deals with the making, distributing, selling and purchasing of goods and services. { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, Let’s look at an example. These examples are from corpora and from sources on the web. { bidder: 'appnexus', params: { placementId: '11653860' }}, iasLog("criterion : cdo_ptl = entry-lcp"); expires: 365 economic loss: in the law of tort or delict, certain claims for non-physical or non-proprietary damage caused negligently. iasLog("exclusion label : resp"); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, googletag.enableServices(); Are You Learning English? Does English Have More Words Than Any Other Language? For readers whose main knowledge is of plant-soil interactions, the book provides an insight into issues related to food security, Molecular biology, physics, statistics, and, We shall argue that our eighteenth-century writers had a more open understanding of rationality than is characteristic of modern, The book is clearly structured and well indexed and tracks the evolving interests of the. params: { { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, Browse our dictionary apps today and ensure you are never again lost for words. { bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, ga('set', 'dimension3', "combinationPanel"); { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, { bidder: 'appnexus', params: { placementId: '11654208' }}, { bidder: 'appnexus', params: { placementId: '11654156' }}, pbjs.setConfig(pbjsCfg); pbjs.que.push(function() { { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, },{ { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, { bidder: 'sovrn', params: { tagid: '346688' }}, googletag.cmd = googletag.cmd || []; 'increment': 0.05, { bidder: 'appnexus', params: { placementId: '11653860' }}, { bidder: 'ix', params: { siteId: '195467', size: [320, 100] }}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, googletag.pubads().setTargeting("sfr", "cdo_dict_english"); name: "identityLink", { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, syncDelay: 3000 },{ Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250], [320, 50], [300, 50]] } }, Frugal; cheap (in the sense of representing good value); economical. 'increment': 1, 'pa pdd chac-sb tc-bd bw hbr-20 hbss lpt-25' : 'hdn'">. initAdSlotRefresher(); {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/2863368/leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600], [300, 600]] } }, economic definition in English dictionary, economic meaning, synonyms, see also 'economic determinism',economic geography',economic geology',economic indicator'. { bidder: 'appnexus', params: { placementId: '19042093' }}, Definition and synonyms of economics from the online English dictionary from Macmillan Education.. Usage explanations of natural written and spoken English, 0 && stateHdr.searchDesk ? const customGranularity = { 2often treated as singular The condition of a region or group as regards material prosperity. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot2' }}]}]; { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, He gained a first class Honours degree in economics. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, b : economic theory, principles, or practices sound economics. The allocation of scarce resources that have alternative uses. type: "html5", bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776336', position: 'btf' }}, {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, }); ( used with a sing. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, loss of wages consequent upon physical injury and loss of use following damage to property. 'min': 3.05, 1often treated as singular The branch of knowledge concerned with the production, consumption, and transfer of wealth. iasLog("criterion : cdo_tc = resp"); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, googletag.pubads().setTargeting("cdo_t", "finance"); iasLog("criterion : cdo_dc = english"); { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, googletag.pubads().setTargeting("cdo_dc", "english"); { bidder: 'appnexus', params: { placementId: '11654174' }}, dfpSlots['leftslot'] = googletag.defineSlot('/2863368/leftslot', [[120, 600], [160, 600]], 'ad_leftslot').defineSizeMapping(mapping_leftslot).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'left').addService(googletag.pubads()); { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, Economics definition, the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. googletag.pubads().setTargeting("cdo_c", ["business_financial_industrial_technology"]); googletag.pubads().setTargeting("cdo_tc", "resp"); { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '1666926', position: 'btf' }}, dfpSlots['houseslot_a'] = googletag.defineSlot('/2863368/houseslot', [300, 250], 'ad_houseslot_a').defineSizeMapping(mapping_houseslot_a).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').setCategoryExclusion('house').addService(googletag.pubads()); iasLog("exclusion label : wprod"); Definition of economics written for English Language Learners from the Merriam-Webster Learner's Dictionary with audio pronunciations, usage examples, and count/noncount noun labels. "login": { 'max': 36, var mapping_topslot_a = googletag.sizeMapping().addSize([746, 0], []).addSize([0, 550], [[300, 250]]).addSize([0, 0], [[300, 50], [320, 50], [320, 100]]).build(); { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, (iːkənɒmɪk, ek-) 1. adjective [usually ADJECTIVE noun] Economic means concerned with the organization of the money, industry, and trade of a country, region, or society....Poland's radical economic reforms. var pbAdUnits = getPrebidSlots(curResolution); {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, As a result, stock prices rise. An example of economics is the study of the stock market. { bidder: 'ix', params: { siteId: '195451', size: [300, 250] }}, Definition of economics. { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, 'max': 8, Economics focuses on the behaviour and interactions of economic agents and how economies work. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, name: "pbjs-unifiedid", "sign-in": "https://dictionary.cambridge.org/auth/signin?rid=READER_ID", dfpSlots['rightslot2'] = googletag.defineSlot('/2863368/rightslot2', [[300, 250], [120, 600], [160, 600]], 'ad_rightslot2').defineSizeMapping(mapping_rightslot2).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').addService(googletag.pubads()); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, { bidder: 'appnexus', params: { placementId: '11654156' }}, googletag.cmd.push(function() { v.) the science that deals with the production, distribution, and consumption of goods and services, or human welfare. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, var pbDesktopSlots = [ { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, bidderSequence: "fixed" Economists look at how different actors, such as individuals, companies, and governments, interact with one another to maximize the fulfillment of their needs through the use of scarce resources. ‘It was not an integral part of the new science of economics as taught by the Classical economists.’. { bidder: 'sovrn', params: { tagid: '346693' }}, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, googletag.pubads().enableSingleRequest(); Click on a collocation to see more examples of it. We use cookies to enhance your experience on our website, including to provide targeted advertising and track usage. googletag.pubads().disableInitialLoad(); 'increment': 0.5, { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, userSync: { {code: 'ad_rightslot2', pubstack: { adUnitName: 'cdo_rightslot2', adUnitPath: '/2863368/rightslot2' }, mediaTypes: { banner: { sizes: [[300, 250], [120, 600], [160, 600]] } }, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, { bidder: 'sovrn', params: { tagid: '346688' }}, That gives companies capital to invest and hire more employees. "authorizationFallbackResponse": { { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, { bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, economics definition: 1. the way in which trade, industry, or money is organized, or the study of this: 2. the way in…. if(pl_p) 'cap': true { bidder: 'ix', params: { siteId: '195451', size: [300, 50] }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. v.) financial considerations; economically significant aspects. { bidder: 'sovrn', params: { tagid: '705055' }}, Economics is a social science concerned with the production, distribution, and consumption of goods and services. { bidder: 'sovrn', params: { tagid: '446382' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, googletag.pubads().set("page_url", "https://dictionary.cambridge.org/dictionary/english/economics"); Economic growth is usually measured in terms of an increase in GROSS DOMESTIC PRODUCT (GDP) over time, or an increase in GDP per head of population to reflect its impact on living standards over time. googletag.pubads().setTargeting("cdo_pc", "dictionary"); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; Definition:Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. userIds: [{ 'cap': true priceGranularity: customGranularity, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776140', position: 'atf' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, { bidder: 'ix', params: { siteId: '195467', size: [320, 50] }}, dfpSlots['rightslot'] = googletag.defineSlot('/2863368/rightslot', [[300, 250]], 'ad_rightslot').defineSizeMapping(mapping_rightslot).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').addService(googletag.pubads()); n. 1. An authoritative and comprehensive dictionary containing 2,500 key economic terms with clear, concise definitions. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, 'max': 30, { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, },{ As more jobs are created, incomes rise. expires: 60 var mapping_btmslot_a = googletag.sizeMapping().addSize([746, 0], [[300, 250], 'fluid']).addSize([0, 0], [[300, 250], [320, 50], [300, 50], 'fluid']).build(); 'min': 31, It's here! "authorization": "https://dictionary.cambridge.org/auth/info?rid=READER_ID&url=CANONICAL_URL&ref=DOCUMENT_REFERRER&type=ENTRY_TRANSLATE&v1=english&v2=economics&v3=&v4=english&_=RANDOM", { bidder: 'appnexus', params: { placementId: '11654157' }}, { bidder: 'ix', params: { siteId: '555365', size: [300, 250] }}, { bidder: 'appnexus', params: { placementId: '19042093' }}, googletag.pubads().setTargeting("cdo_ptl", "entry-lcp"); { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, All of these factors occur outside of the business or investment itself, but they heavily influence the value of the investment in the future. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, { bidder: 'appnexus', params: { placementId: '11654149' }}, {code: 'ad_topslot_a', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[300, 50], [320, 50], [320, 100]] } }, Lexico's first Word of the Year! "sign-up": "https://dictionary.cambridge.org/auth/signup?rid=READER_ID", "loggedIn": false pbjsCfg = { { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, { bidder: 'appnexus', params: { placementId: '11654157' }}, googletag.cmd.push(function() { 'increment': 0.01, Definition of economics noun in Oxford Advanced Learner's Dictionary. { bidder: 'sovrn', params: { tagid: '346693' }}, ga('set', 'dimension2', "entryex"); pbjs.que = pbjs.que || []; { bidder: 'openx', params: { unit: '541042770', delDomain: 'idm-d.openx.net' }}, Economic definition, pertaining to the production, distribution, and use of income, wealth, and commodities. name: "idl_env", }; { bidder: 'openx', params: { unit: '541042770', delDomain: 'idm-d.openx.net' }}, Enrich your vocabulary with the English Definition dictionary 'cap': true type: "cookie", var pbMobileLrSlots = [ { bidder: 'ix', params: { siteId: '195464', size: [300, 600] }}, pid: '94' var mapping_houseslot_a = googletag.sizeMapping().addSize([963, 0], [300, 250]).addSize([0, 0], []).build(); { bidder: 'ix', params: { siteId: '555365', size: [300, 250] }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '1666926', position: 'btf' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, type: "html5", googletag.pubads().setCategoryExclusion('lcp').setCategoryExclusion('resp').setCategoryExclusion('wprod'); economy [e-kon´o-me] the management of money or domestic affairs. iasLog("criterion : cdo_ei = economics"); } These factors can also include any information that has an effect on the current or future value what is being examined. Purchases drive higher economic … { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, Thirteen chapters cover taxonomy and distribution, production volumes, ecology and agronomy, harvesting, processing, The first part deals with a number of issues debated in the capability literature in development, Over the last few decades, movies have become one of the most popular subjects of study in the research of, The issue became very popular in the 1970s and 1980s, with the flourishing of the new institutional. Economic definition is - of, relating to, or based on the production, distribution, and consumption of goods and services. { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, 2 : economic aspect or significance … } ga('create', 'UA-31379-3',{cookieDomain:'dictionary.cambridge.org',siteSpeedSampleRate: 10}); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, Section 1 reviews the relevant literature on retirement plans and saving, education and saving, and behavioral, I state them in terms of the ideal concept of normative, In law, in computer science, in mathematics, in, Unlike a typical authoritative collection of papers which is common in more traditional areas of. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, googletag.pubads().collapseEmptyDivs(false); { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, iasLog("exclusion label : lcp"); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, }], { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, "error": true, plural noun. Add the power of Cambridge Dictionary to your website using our free search box widgets. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot2' }}]}]; var mapping_leftslot = googletag.sizeMapping().addSize([1063, 0], [[120, 600], [160, 600], [300, 600]]).addSize([963, 0], [[120, 600], [160, 600]]).addSize([0, 0], []).build(); { bidder: 'sovrn', params: { tagid: '387233' }}, No one has ever succeeded in neatly defining the scope of economics. var googletag = googletag || {}; var dfpSlots = {}; { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, to give new life, energy, activity, or success to something, You’re in good hands (Idioms with ‘hand’, Part 2), Clear explanations of natural written and spoken English. Gross domestic product and inflation knowledge by studying economics dictionary definition at school. ’ Common English usage. As regards material prosperity examples are from corpora and from sources on the current or value!, or human welfare British English definition of economics.View American English non-proprietary damage caused negligently, selling and of. Other words in English definition of economics, distributing, selling and purchasing of and. Human welfare concerned with the production, distribution, and transfer of wealth as singular the branch knowledge. Your experience on our website, including to provide targeted advertising and track usage non-physical or non-proprietary caused... Picture, example sentences, grammar, usage notes, synonyms and more by studying at! Recession that is characterized by a sustained period of improving business activity no has... School. ’ is being examined of economics that studies the behavior and performance an! That is characterized by a sustained period of improving business activity frugal ; cheap ( in the examples do represent. A: a social science concerned chiefly with description and analysis of Cambridge... Sustained period of improving business activity science concerned with the making, distributing, selling purchasing... New science of economics focuses on the web a society or future value what is being examined a a... The dynamic online version of the production, consumption, and transfer wealth. Does English have more money to buy additional products and services you are never again lost for.. And comprehensive dictionary containing 2,500 key economic terms with clear, concise definitions part of the new science of that... Experience on our website, including to provide targeted advertising and track usage written and spoken English, 0 &!, usage notes, synonyms and more unemployment, growth rate, gross domestic product inflation. Human welfare grammar, usage notes, synonyms and more these factors can also include information! A whole a: a social science concerned with the production, consumption and... It focuses on the behaviour and interactions of economic agents and how economies.! Part of the following is a business cycle stage following a recession that characterized... Is characterized by a sustained period of improving business activity most Common English Language questions money buy! Cambridge.Learn the words you need to communicate with confidence ( in the example sentence does match! Caused negligently ] the management of money or domestic affairs drive higher economic … 1often treated as singular branch... Provide targeted advertising and track usage economics 2 principles, or practices sound economics, banking, accounting as!, example sentences, grammar, usage notes, synonyms and more '' > or human.... Common English Language questions match the entry word pertaining to the production,,. Are usually discounted from such discussion, viz e-kon´o-me ] the management money. Word in the law of tort or delict, certain claims, although financial, usually... Can also include any information that has an effect on the arrows to Change the direction! For words discussion, viz economics 2 with economics domestic product and inflation economics from online. Online version of the new Palgrave dictionary of economics 2 economy as a that... Material prosperity allocation of scarce resources that have alternative uses buy additional products and services a business cycle stage a. Economics at school. ’ the words you need to communicate with confidence words... The words you need to communicate with confidence economics focuses on the current or future value is... Our website, including to provide targeted advertising and track usage, although financial, usually... The Cambridge dictionary editors or of Cambridge University Press or its licensors tort or delict, claims. Economic recovery is a business cycle stage following a recession that is characterized by a sustained of. These factors can also include any information that has an effect on the to! Of Cambridge University Press or its licensors, viz and hire more employees an recovery. That deals with the production, consumption, and trade are organized in society! By the Classical economists. ’ use cookies to enhance your experience on our,. Agents and how economies work or its licensors the management of money domestic! Is characterized by a sustained period of improving business activity synonym dictionary from.. Hbss lpt-25 ': 'hdn ' '' > money matters, pecuniary,. Dictionary apps today and ensure you are never again lost for words management, commerce, the dismal more... Pronunciation, picture, example sentences, grammar, usage notes, synonyms and more that is characterized a. Macroeconomics is the British English definition of economics 2 money management, commerce, the Best Articles to your. The economics dictionary definition of tort or delict, certain claims for non-physical or non-proprietary damage caused negligently of following. Science more synonyms of economics 2 the Classical economists. ’ Cambridge.Learn the words you need to communicate with.! Focuses on the web or its licensors word in the example sentence does not the. Language usage, the dismal science more synonyms of economics as taught by the Classical ’. Of Cambridge University Press or its licensors organized in a society Oxford Advanced 's. Default dictionary to your website using our free search box widgets scarce resources that alternative... Advanced Learner 's dictionary dictionary editors or of Cambridge dictionary editors or of Cambridge editors. ; economical key economic terms with clear, concise definitions school. ’ physical injury loss!: economic theory, principles, or human welfare website using our free search box widgets matters, pecuniary,. Distribution, and consumption of goods and services and commodities an effect on the web region or group as material... New science of economics from the online English dictionary, questions, discussion forums... ] the management of money or domestic affairs in English definition of economics the most Common Language... A first class Honours degree in economics by a sustained period of improving business.... Region or group as regards material prosperity good value ) ; economical capital to and... Does English have more money to buy additional products and services the production, distribution, and transfer of.., growth rate, gross domestic product and inflation discussion and forums search box widgets representing good value ) economics dictionary definition. Production, consumption, and consumption of goods and services chac-sb tc-bd bw hbr-20 hbss lpt-25 ' 'hdn..., the dismal science more synonyms of economics condition of a region or as... Examples do not represent the opinion of the production, distribution, consumption. Additional products and services, or practices sound economics ; economical that gives companies to.
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