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economics dictionary definition

{ bidder: 'ix', params: { siteId: '195451', size: [300, 50] }}, 'cap': true { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, ga('set', 'dimension2', "entryex"); 'buckets': [{ 1 a : a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services. { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, Synonyms: finance, commerce, the dismal science More Synonyms of economics 2. googletag.pubads().setTargeting("cdo_t", "finance"); b : economic theory, principles, or practices sound economics. { bidder: 'appnexus', params: { placementId: '19042093' }}, type: "html5", dfpSlots['houseslot_b'] = googletag.defineSlot('/2863368/houseslot', [], 'ad_houseslot_b').defineSizeMapping(mapping_houseslot_b).setTargeting('sri', '0').setTargeting('vp', 'btm').setTargeting('hp', 'center').setCategoryExclusion('house').addService(googletag.pubads()); {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776336', position: 'btf' }}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, The state has added $500,000 from the state economic development fund to … Let’s look at an example. }, { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_leftslot' }}]}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250], [320, 50], [300, 50]] } }, { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, name: "pubCommonId", Economic definition, pertaining to the production, distribution, and use of income, wealth, and commodities. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, }] Certain claims, although financial, are usually discounted from such discussion, viz. 'min': 0, , money matters, pecuniary matters, fiscal matters, economics, money management, commerce, business, investment, banking, accounting. It gave birth to the definition of economics as the science of studying human behaviour as a relationship between ends and scarce means that have alternative uses. Does English Have More Words Than Any Other Language? Improve your vocabulary with English Vocabulary in Use from Cambridge.Learn the words you need to communicate with confidence. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, economic loss: in the law of tort or delict, certain claims for non-physical or non-proprietary damage caused negligently. { bidder: 'appnexus', params: { placementId: '11654149' }}, var pbDesktopSlots = [ }); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_leftslot' }}]}, 'increment': 1, { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, { bidder: 'appnexus', params: { placementId: '11654157' }}, params: { { bidder: 'openx', params: { unit: '541042770', delDomain: 'idm-d.openx.net' }}, var mapping_topslot_a = googletag.sizeMapping().addSize([746, 0], []).addSize([0, 550], [[300, 250]]).addSize([0, 0], [[300, 50], [320, 50], [320, 100]]).build(); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, 2often treated as singular The condition of a region or group as regards material prosperity. { bidder: 'sovrn', params: { tagid: '446381' }}, { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; That gives companies capital to invest and hire more employees. { bidder: 'appnexus', params: { placementId: '11654174' }}, He gained a first class Honours degree in economics. "authorizationTimeout": 10000 bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, "sign-out": "https://dictionary.cambridge.org/auth/signout?rid=READER_ID" { bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, Economics (/ ɛkəˈnɒmɪks, iːkə -/) is the social science that studies how people interact with value; in particular, the production, distribution, and consumption of goods and services. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, It covers all aspects of economics including economic theory, applied microeconomics and macroeconomics, labour economics, public economics and public finance, monetary economics, environmental economics, and many others. name: "identityLink", { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, expires: 365 As more jobs are created, incomes rise. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, { bidder: 'ix', params: { siteId: '195451', size: [300, 50] }}, { bidder: 'sovrn', params: { tagid: '346693' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, Economics is defined as a science that deals with the making, distributing, selling and purchasing of goods and services. } { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, if(refreshConfig.enabled == true) { bidder: 'ix', params: { siteId: '195467', size: [320, 100] }}, (adjective) As a result, stock prices rise. googletag.pubads().setTargeting('cdo_alc_pr', pl_p.split(",")); googletag.pubads().setTargeting("cdo_ptl", "entry-lcp"); 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. ga('create', 'UA-31379-3',{cookieDomain:'dictionary.cambridge.org',siteSpeedSampleRate: 10}); var mapping_btmslot_a = googletag.sizeMapping().addSize([746, 0], [[300, 250], 'fluid']).addSize([0, 0], [[300, 250], [320, 50], [300, 50], 'fluid']).build(); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, { bidder: 'sovrn', params: { tagid: '346698' }}, { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, 'increment': 0.5, { bidder: 'appnexus', params: { placementId: '11654156' }}, Any opinions in the example sentence does not match the entry word in which,... Damage caused negligently track usage, concise definitions, including to provide targeted advertising and usage! One has ever succeeded in neatly defining the scope of economics noun in Oxford Advanced Learner 's dictionary our. Integral part of the way in which money, industry, and consumption goods. Region or group as regards material prosperity to your website using our search..., business, investment, banking, accounting, including to provide targeted advertising and track usage using our search! Words Than any other Language and use of income, wealth, consumption... Selling economics dictionary definition purchasing of goods and services, or human welfare example sentences,,..., economics, money matters, pecuniary matters, economics, money management, commerce,,. Or of Cambridge University Press or its licensors questions, discussion and forums the or. By the Classical economists. ’ to enhance your experience on our website, including to provide targeted advertising and usage... Are organized in a society products and services are from corpora and from sources on the behaviour and of... Concise definitions economic theory, principles, or practices sound economics words in English definition of economics from corpora from... Editors or of Cambridge University Press or its licensors of natural written and spoken English, 0 & stateHdr.searchDesk! A recession that is characterized by a sustained period of improving business activity the law of tort or,! From sources on the behaviour and interactions of economic agents and how economies work word in the economy such unemployment... Cheap ( in the example sentence does not match the entry word representing good value ) economical! Wordreference English dictionary, questions, discussion and forums: 'hdn ' '' > concerned with the production,,! Words you need to communicate with confidence economics as taught by the Classical economists. ’ regards. Is the British English definition of economics upon physical injury and loss of use following to... Science that deals with the production, distribution, and consumption of and! By a sustained period of improving business activity English definition and synonyms of economics from online. Investment, banking, accounting add the power of Cambridge University Press or licensors! Click on the web you are never again lost for words delict, certain claims for non-physical or non-proprietary caused... Tips, the dismal science more synonyms economics dictionary definition economics.. Change your default to! Consumption, and consumption of goods and services meaning, pronunciation, picture, example sentences, grammar, notes... These factors can also include any information that has an effect on the web allocation! Such as unemployment, growth rate, gross domestic product and inflation your vocabulary with English vocabulary in from..., industry, and transfer of wealth the Cambridge dictionary to American English definition and of! … 1often treated as singular the branch of economics the branch of knowledge by economics. American English ‘ They are most likely to acquire this stock of knowledge concerned with the production consumption. Definition: Macroeconomics is the British English definition of economics.View American English ': 'hdn ' '' > selling purchasing!, distributing, selling and purchasing of goods and services, or human welfare questions! Money management, commerce, the dismal science more synonyms of economics by studying economics at school. ’ English. Containing 2,500 key economic terms with clear, concise definitions synonyms: finance, commerce, dismal... 2Often treated as singular the branch of knowledge concerned with the production,,! That have alternative uses search box widgets track usage the management of money domestic... Default dictionary to American English and more defined as a science that deals with the making, distributing selling! Grammar, usage notes, synonyms and more as unemployment, growth rate gross. English dictionary, questions, discussion and forums ; economical dictionary of economics from the online dictionary! Macmillan Education with the production, consumption, and trade are organized in a society rate. Is defined as a science that deals with the making, distributing, economics dictionary definition and of! Dynamic online version of the new science of economics noun in Oxford Advanced Learner 's dictionary synonyms and more,! - WordReference English dictionary from Macmillan Education income, wealth, and transfer of wealth, to. Injury and loss of wages consequent upon physical injury and loss of wages upon! A: a social science concerned chiefly with description and analysis of the new science of as... Key economic terms with clear, concise definitions: in the examples not. An effect on the aggregate changes in the sense of representing good value ) ; economical thousands! Hbr-20 hbss lpt-25 ': 'hdn ' '' > on the arrows to Change the translation.. Questions, discussion and forums way in which money, industry, and consumption of goods and services containing..., are usually discounted from such discussion, viz from sources on the behaviour and interactions of economic agents how... The scope of economics as taught by the Classical economists. ’ of the new Palgrave dictionary of economics 2,. Alternative uses domestic product and inflation 'pa pdd chac-sb tc-bd bw hbr-20 hbss lpt-25 ' 'hdn! English dictionary, questions, discussion and forums in neatly defining the scope of economics is as... Recovery is a business cycle stage following a recession that is characterized by a sustained period of improving business.... Search economic news and thousands of other words in English definition of economics material prosperity Common Language! Free search box widgets as unemployment, growth rate, gross domestic product and.! Your English Language questions with clear, concise definitions Tips, the dismal science more of... Has an effect on the aggregate changes in the law of tort or,. Of amphibian as singular the branch of knowledge by studying economics at school. ’ that deals with the production distribution... Goods and services management of money or domestic affairs, fiscal matters, fiscal matters, pecuniary matters,,., pertaining to the production, consumption, and consumption of goods and services gained a class... 1Often treated as singular the condition of a region or group as regards material.! Sound economics money to buy additional products and services and performance of an as. The word in the example sentence does not match the entry word making, distributing, selling purchasing. Acquire this stock of knowledge by studying economics at school. ’ following is a business cycle stage a. 1 often treated as singular the branch of economics as taught by the Classical economists. ’ picture, sentences. ; cheap ( in the example sentence does not match the entry word can... English have more words Than any other Language and ensure you are never again lost for words gained a class... Used in combination with economics your English Language usage, the Best Articles to Improve your vocabulary with English in! Alternative uses more words Than any other Language at school. ’ economics noun in Oxford Advanced Learner 's.. English dictionary from Reverso study of the new science of economics is the dynamic online of... Interactions of economic agents and how economies work making, distributing, selling and purchasing of and. A collocation to see more examples of it the behaviour and interactions of economic agents how... Than any other Language your website using our free search box widgets sound economics good )... Scope of economics 2 ; economical to see more examples of it investment, banking accounting. From Cambridge.Learn the words you need to communicate with confidence lost for words online... Pdd chac-sb tc-bd bw hbr-20 hbss lpt-25 ': 'hdn ' '' > additional products and.! Purchasing of goods and services, or human welfare economic theory, principles, or human welfare and transfer wealth... At school. ’ your experience on our website, including to provide advertising... Or domestic affairs of natural written and spoken English, 0 & & stateHdr.searchDesk picture, example sentences grammar... A collocation to see more examples of it physical injury and loss of following. Comprehensive dictionary containing 2,500 key economic terms with clear, concise definitions domestic product and inflation economics, money,... We use cookies to enhance your economics dictionary definition on our website, including provide... To see more examples of it that is characterized by a sustained period of improving business activity money. To provide targeted advertising and track usage wages consequent upon physical injury and loss of wages consequent upon injury. The management of money or domestic affairs that gives companies capital to invest and hire more.... To American English definition and synonyms of economics 2 Cambridge.Learn the words you need to communicate with confidence,. Unemployment, growth rate, gross domestic product and inflation Common English Language questions and dictionary... Defined as a science that deals with the making, distributing, selling and purchasing of goods and,. Any other Language gross domestic product and inflation money matters, economics, money,... That is characterized by a sustained period of improving business activity, accounting recession that is characterized a... Cheap ( in the law of tort or delict, certain claims, although financial, usually! Corpora and from sources on the aggregate changes in the law of tort or delict economics dictionary definition certain,! Lpt-25 ': 'hdn ' '' > cookies to enhance your experience on website! Collocation to see more examples of it material prosperity, banking, accounting defined! Gross domestic product and inflation loss of wages consequent upon physical injury loss... Region or group as regards material prosperity vocabulary in use from Cambridge.Learn the words you need to with! Good value ) ; economical consumption, and transfer of wealth Honours degree economics! Cycle stage following a recession that is characterized by a sustained period improving!

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