ECONOMICS

economics, economic science, political economy

(noun) the branch of social science that deals with the production and distribution and consumption of goods and services and their management

Source: WordNet® 3.1

Etymology

Noun

economics (uncountable)

(social sciences) The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production.

Synonyms

• dismal science

• See also economics

Anagrams

• neocosmic

Source: Wiktionary

E`co*nom"ics, n. Etym: [Gr. Economic.]

1. The science of household affairs, or of domestic management.

2. Political economy; the science of the utilities or the useful application of wealth or material resources. See Political economy, under Political. "In politics and economics." V. Knox.

Source: Webster’s Unabridged Dictionary 1913 Edition