Economics

Word ECONOMICS
Character 9
Hyphenation e co nom ics
Pronunciations /ˌikəˈnɑmɪks/

Definitions and meanings of "Economics"

What do we mean by economics?

The social science that deals with the production, distribution, and consumption of goods and services and with the theory and management of economies or economic systems. noun

Economic matters, especially relevant financial considerations. noun

The science of household or domestic management. noun

The science which treats of wealth, its production, distribution, etc.; political economy. noun

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

Political economy; the science of the utilities or the useful application of wealth or material resources; the study of the production, distribution, and consumption of goods and services of a nation or region, and its effect on the wealth of a country. See Political economy, under Political. noun

The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production. noun

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

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

The allocation of scarce resources that have alternative uses. Urban Dictionary

The study of choice in the face of scarcity. Urban Dictionary

The study of fufilling ones unlimited wants using the Earth's limited resources. Urban Dictionary

A "science" created by a group of middle-aged, bearded men called "economists" to ensure that anything they say can never be proven wrong Urban Dictionary

-A social science discipline with a contemporaneous logical framework that's based completely on the assumption that scarcity is a problem intrinsic to society. The effect of which justifies greed as a virtue. -An institutional requirement for dime-a-dozen business majors, usu. taught by middle-aged, overly opinionated, white males in need of serious cultural experiences. -Taught by sports coaches in high school as the study of "common sense." Urban Dictionary

Economics is about creating good outcomes for human beings. Economics isn't meant to explain everything, but it is good for establishing parameters, distinguishing relationships, identifying issues, clarifying options and providing an analytical framework. Urban Dictionary

The way you find out how fucked up a country is! And how the government is stealing from its citizens!!! >:( Urban Dictionary

A class taught to most high school students about how a society manages its scarce resources. It is comprised of a handful of mildly persuasive concepts pumped full of jargon and needlessly represented by graphs to deter intelligent people from realizing that this is not a real science. Urban Dictionary

Time when the economy is struggling due to selfish or greedy law makers Urban Dictionary

A last name of a greek family, usually consisting of a sexy, smart, and all round perfect middle child named Kristian. Urban Dictionary

Synonyms and Antonyms for Economics

The word "economics" in example sentences

Ron Chusid: vulcanhamm er, "you obviously don't understand basic economics but you were a supporter of Austrian economics& #8221; Spoken like a true religious zealot when their beliefs are ... ❋ Unknown (2009)

That was my Ph. D thesis, also, 25 years ago, which tells you that the pace of progress in economics is not exactly breathtaking. ❋ Unknown (2009)

Mathematical rigor in economics is not a reliable predictor of human action. ❋ Unknown (2009)

An advanced degree in economics is not required to understand that this price differential reflects Mexico's success in limiting the supply of Mexican assault rifles, thus forcing the cartels to exploit U.S. sources. ❋ Dennis A. Henigan (2010)

That's right -- according to Republicans, the winner of the Nobel in economics is somehow not qualified to hold a government job helping to run the economy. ❋ Chris Weigant (2010)

Lay received both his bachelor and master degrees in economics from the University of Missouri. ❋ Unknown (2010)

After the war, he received a bachelor's degree in economics from the University of Iowa and worked for a number of aeronautical firms before starting his business. ❋ Post (2010)

One of the most interesting questions in economics is why we are so wealthy today compared to our ancestors of 200 years ago and our contemporaries in underdeveloped countries. ❋ Unknown (2009)

From this episode to the last, the instruction in economics is generous and most of the time enthralling — a feeling not often connected with economics instruction, but there it is. ❋ Dorothy Rabinowitz (2010)

Defining such a range in economics is difficult, because many of the systems (read: institutions, however defined) that are of interest to economists have their own unique parameters that may not be shared with other systems. ❋ Unknown (2009)

He has a bachelor's degree in economics from the Wharton School of the University of Pennsylvania and an MBA from Harvard Business School. ❋ Unknown (2009)

Education: B.S. in economics from the Wharton School, University of Pennsylvania; M.B.A. from Harvard University WSJ: Do you think investors will continue piling into fixed income next year like they have this year? ❋ Unknown (2010)

More to the point of the post, behavioral economics is not more than efforts to incorporate into economic analysis some of the insights of psychology (which are extremely well established) and criticisms from philosophy of economics from the last 30 years. ❋ Unknown (2010)

George Borjas, the most academically reputable critic of immigration in economics, is now blogging. ❋ Unknown (2009)

Everyone should have a [basic] understanding of economics to be an [educated] [citizen] ❋ Thomas Sowell (2005)

[Ignorant people] who post idiotic definitions have [scarce] [resources]. ❋ Adam Smith (2005)

"It's pure economics! Since our [resource] of TV writers is [scarce], we're stuck with crappy [reality shows]!" ❋ Xopher (2005)

Steve: Dude, you really [f'd up] on that predication! Economist: Well if one looks at it from a non-inflationary enviorment, disregarding the [laffer] curve, then my hypothesis was in fact correct. Its [Economics 101] ❋ TheBigN2727 (2009)

Teacher: "Economics studies how a society chooses to [allocate] its scarce resources among alternative uses." Student: "What if [the society's] resources cease to be scarce?" Teacher: "How is that even possible?" Student: "[The society's] productivity meets or exceeds the point of what it needs to sustain itself." Teacher: "But individual material DESIRES are infinite!" Student: "Only in a society that breeds such nonsense." ❋ Haaaaaze (2009)

[Economics] can establish [criteria] by which [governmental] decisions can be made. ❋ Leelo Dallas Multipass (2005)

dont have example [srry] just take economics [class] it opens [ur] eyes :) ❋ Ur Freakin Brain Speaking 2 U! (2009)

Much like [intelligent design], economics is a popular psuedo-science that intellectual humans would overlook. The self-proclaimed “[social science]” contrastingly strives to ignore more of human nature every few years with a book written by a middle-aged man who realizes that he is not smart enough to discover [anything new] in a real science. ❋ Sir Heartless Bastard (2005)

"She isn't very [hard on] us about selling [yearbook] [ads] because of the economicness." ❋ Abbie Martin (2009)

Yo [shawty], you part of the economou family? [Ye], but I wish I was [Kristian] ❋ Mumslovleypasta (2020)

Cross Reference for Economics

What does economics mean?

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