Definition of economics in English:
plural noun[often treated as singular]
1The branch of knowledge concerned with the production, consumption, and transfer of wealth.
- They are most likely to acquire this stock of knowledge by studying economics at school.
- It was not an integral part of the new science of economics as taught by the Classical economists.
- She studied music at Oxford but after a year switched to politics, philosophy and economics.
Definition of economics in:
- British & World English dictionary