economics - Definition from the BUSINESS BASICS topic - BUSINESS

Topic: BUSINESS BASICS

economics
noun

ec‧o‧nom‧ics W3 See pronunciation table in "How to use dictionary" pages

See pronunciation table in "How to use dictionary" pages

1 [uncountable] the study of the way in which money and goods are produced and used [↪ economic]:

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a Harvard professor of economics

2 [plural]BB the way in which money influences whether a plan, business etc will work effectively:

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the economics of the scheme

➔ home economics

Definition of economics from the Longman Dictionary of Contemporary English within
the topic BUSINESS BASICS

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