Definition of economics noun from the Oxford Advanced Learner's Dictionary

economics

noun

ˌiːkəˈnɒmɪks economics pronunciation American

ˌiːkəˈnɑːmɪks

ˌekəˈnɒmɪks economics pronunciation American

ˌekəˈnɑːmɪks

1 [uncountable] the study of how a society organizes its money, trade and industryHe studied politics and economics at Yale.Keynesian/Marxist economics see also home economics2 [plural, uncountable] the way in which money influences, or is organized within an area of business or societyThe economics of the project are very encouraging.