economics Definition and Meaning in English (economics definition)
nounSynonyms:political economy
Quick Answer • Definition
Economics definition: Economics is the social science that studies how societies allocate scarce resources to produce goods and services and distribute them among different individuals and groups.
Definitions of Economics
- 1noun
Economics is the social science that studies how societies allocate scarce resources to produce goods and services and distribute them among different individuals and groups.
Example Sentences
casual
“She decided to major in economics at university.”
formal
“The principles of economics are essential for understanding global markets.”
Synonyms
political economy
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Frequently Asked Questions: Economics in English
What is the meaning of Economics in English?▼
Economics definition: Economics is the social science that studies how societies allocate scarce resources to produce goods and services and distribute them among different individuals and groups.
How do you translate 'Economics' to English?▼
'Economics' translates to 'economics' in English. Economics definition: Economics is the social science that studies how societies allocate scarce resources to produce goods and services and distribute them among different individuals and groups.
How do you pronounce 'Economics' and 'economics'?▼
Listen to clear English audio pronunciation of 'Economics' and native English audio speech for 'economics' with bilingual sentence examples on DictBridge.
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