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/ˌɛkənˈɑmɪks/ /ˌikənˈɑmɪks/ Listen

noun

Economics n.

The science of household affairs, or of domestic management.

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. "In politics and economics."

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Etymology of 'Economics'

Collaborative International Dictionary of English 0.48

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"Economics" Quotes from Famous Books

... want, Jim," she cried. "Only it seems to me that you are leaving out some of the most important facts. I can't help believing that if our great captains of industry and kings of finance and teachers of economics and labor leaders would consider all the facts they could find some way to settle these differences between employers and employees and save the industries of the country without starving little girls and boys ...

— Helen of the Old House • Harold Bell Wright

... ), American economist and statistician, was born at Burlington, Vermont, U.S.A., on the 7th of April 1858. He was educated at the university of Vermont and at Johns Hopkins University, and afterwards became professor of economics and statistics at the Massachusetts Institute of Technology. He was chairman of the state board on the question of the unemployed (1895), member of the Massachusetts commission on public, charitable and reformatory ...

— Encyclopaedia Britannica, 11th Edition, Volume 8, Slice 3 - "Destructors" to "Diameter" • Various

... mistake commonly gloated over is that which touches some general fact of economics or social matters. An example of this was Mr. Linley Sambourne's drawing, entitled "An Embarras de Richesses," graphically illustrating the glut of money in "the City" in the summer of 1894. The Old Lady of Threadneedle ...

— The History of "Punch" • M. H. Spielmann

... the Colleges do the same. The students see first-class Indians superseded by young and third-rate foreigners; the Principal of a College should be a foreigner; foreign history is more important than Indian; to have written on English villages is a qualification for teaching economics in India; the whole atmosphere of the School and College emphasises the superiority of the foreigner, even when the professors abstain from open assertion thereof. The Education Department controls the education given, and it is planned on foreign models, and its ...

— The Case For India • Annie Besant

... lecture in the accepted way. This is surely the proper method of work for adolescent students in any subject, in philology just as much as in comparative anatomy, and in history just as much as in economics. The cheapening of printing, paper, and, above all, of illustration has done away with the last excuse for the vocal course of instruction and the lecturer's diagrams. But it has not done ...

— Mankind in the Making • H. G. Wells

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