American English

Definition of economics noun from the Oxford Advanced American Dictionary



    , NAmE//ˌikəˈnɑmɪks//
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  1. 1[uncountable] the study of how a society organizes its money, trade, and industry He studied politics and economics at Yale. Keynesian/Marxist economics see also home economics
  2. 2[plural, uncountable] the way in which money influences, or is organized within an area of business or society The economics of the project are very encouraging.
See the Oxford Advanced Learner's Dictionary entry: economics