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Economics Meaning in English

word

/ˌɛkəˈnɑmɪks/
ek-uh-NAH-miks
/ˌiːkənˈɒmɪks/
ee-kuh-NO-miks

Definición

The study of how people, businesses, and governments use resources, like money and goods, to produce and distribute things people need or want.

Uso & Matices

Usually uncountable and academic; used for the field of study, not for money-saving or daily finances (which is 'economy' or 'finance'). Common phrases: 'study economics', 'major in economics'. Distinct from 'economy', which is the actual system.

Oraciones de Ejemplo

I'm studying economics at university.

basic

Economics helps us understand prices and markets.

basic

Many students find economics interesting.

basic

Sarah switched her major to economics after taking an intro class.

natural

Good economics explains why some countries grow faster than others.

natural

He says understanding economics is key to running a business successfully.

natural