economics - definition and synonyms

 
 
noun 

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/ˌiːkəˈnɒmɪks/

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/ˌekəˈnɒmɪks/
  1. 1
    [uncountable] the study of the way that goods and services are produced and sold and the way money is managed

    Dillon studied economics at Manchester University.

    1. a.
      [only before noun] relating to economics

      an economics teacher/student/class

  2. 2
    [plural] the conditions that affect the economic success or failure of a product, company, country etc

    The simple economics of the case are easy to explain.