The study of the economy. See also: macroeconomics; microeconomics; Keynesian economics, monetarism ( monetarist), and supply-side economics. Bloomberg Financial Dictionary

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economics ec‧o‧nom‧ics [ˌekəˈnɒmɪks, ˌiː- ǁ -ˈnɑː-] noun ECONOMICS
1. [uncountable] the study of the way in which wealth is produced and used:

• Our consultants include a professor of economics at Harvard University.

apˌplied ecoˈnomics [uncountable] ECONOMICS
economics used to understand and solve problems in the world of business and government, rather than just as ideas:

• a one-year course in applied economics for government policymakers

ˌclassical ecoˈnomics [uncountable] ECONOMICS
the ideas that people had about economics between the 18th and early 20th centuries, for example that wealth increases as a result of people following their own interest, and that there is a natural state of balance in the economy that will happen if nothing is done to disturb it
deˈvelopment ecoˌnomics [uncountable] ECONOMICS
the study of how to increase wealth in countries that are changing from an agricultural economy to an industrial one:

• A knowledge of development economics and the challenges faced by a small, developing country would be an advantage for this job.

inˌdustrial ecoˈnomics [uncountable] ECONOMICS
the study of how businesses compete against each other in different industries, and what makes businesses succeed or fail
matheˌmatical ecoˈnomics [uncountable] ECONOMICS STATISTICS
another name for econometrics
ˈsupply-side ecoˌnomics [uncountable] ECONOMICS
a theory stating that governments should cut taxes in order to encourage investment, rather than making more money available in the economy
ˈwelfare ecoˌnomics [uncountable] ECONOMICS
the part of economics that deals with how a country's economy should be managed to increase the wealth and standard of living of people in the country:

• In welfare economics the existence of market failure is sufficient reason for government intervention.

2. [plural] calculations of whether an activity or business will be profitable or not:

• The economics of producing oil from coal do not look attractive.

— see also macroeconomics, microeconomics

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economics UK US /ˌiːkəˈnɒmɪks/ noun
[U] ECONOMICS the study of the way in which economies work, for example, the way in which they make money and produce and distribute goods and services: »

One of the laws of economics is that today's shortage is tomorrow's glut.


He has a degree in economics.


She's economics professor/professor of economics at the University of Berkeley.

See also APPLIED ECONOMICS(Cf. ↑applied economics), CLASSICAL ECONOMICS(Cf. ↑classical economics), DEVELOPMENT ECONOMICS(Cf. ↑development economics), FINANCIAL ECONOMICS(Cf. ↑financial economics), GLOBAL ECONOMICS(Cf. ↑global economics), INDUSTRIAL ECONOMICS(Cf. ↑industrial economics), INFORMATION ECONOMICS(Cf. ↑information economics), LABOUR ECONOMICS(Cf. ↑labour economics), MACROECONOMICS(Cf. ↑macroeconomics), MATHEMATICAL ECONOMICS(Cf. ↑mathematical economics), MICROECONOMICS(Cf. ↑microeconomics), SUPPLY-SIDE ECONOMICS(Cf. ↑supply-side economics), WELFARE ECONOMICS(Cf. ↑welfare economics)
[plural] FINANCE business activities considered from a financial point of view, and whether or not products or services are likely to make a profit: »

Energy policy must be built on economics if it is to succeed.


We are trying to change the economics of the digital business to let consumers benefit.

Financial and business terms. 2012.


См. также в других словарях:

  • Economics U$A — Economics USA is a telecourse series covering the subjects of microeconomics and macroeconomics. The series was produced by the Educational Film Center in Annandale, Virginia, with funding from the Annenberg CPB Project (now Annenberg Media) and… …   Wikipedia

  • Economics — agflation Anglosphere attention economics bionomics brain waste brickor mortis BRICs caponomics …   New words

  • Economics — E co*nom ics ([=e] k[o^]*n[o^]m [i^]ks), n. [Gr. ta o ikonomika , equiv. to h o ikonomi a. See {Economic}.] 1. The science of household affairs, or of domestic management. [1913 Webster] 2. Political economy; the science of the utilities or the… …   The Collaborative International Dictionary of English

  • Economics — • The social science which treats of man s activities in providing the material means to satisfy his wants Catholic Encyclopedia. Kevin Knight. 2006 …   Catholic encyclopedia

  • economics — index finance Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • Economics —   [iːkə nɔmɪks], an amerikanischen Hochschulen gelehrte, der Volkswirtschaftslehre vergleichbare Disziplin; neben der Business Administration Hauptzweig der Wirtschaftswissenschaften in den USA …   Universal-Lexikon

  • economics — 1580s, art of managing a household, perhaps from Fr. économique (see ECONOMIC (Cf. economic)); also see ICS (Cf. ics). Meaning science of wealth is from 1792 …   Etymology dictionary

  • economics — ► PLURAL NOUN (often treated as sing. ) ▪ the branch of knowledge concerned with the production, consumption, and transfer of wealth …   English terms dictionary

  • economics — [ek΄ə näm′iks, ē΄kənäm iks] n. 1. the science that deals with the production, distribution, and consumption of wealth, and with the various related problems of labor, finance, taxation, etc. 2. economic factors …   English World dictionary

  • Economics — This article is about the social science. For other uses, see Economics (disambiguation). For a topical guide to this subject, see Outline of economics. Economics …   Wikipedia

  • economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… …   Universalium

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