economics

noun

eco·​nom·​ics ˌe-kə-ˈnä-miks How to pronounce economics (audio) ˌē-kə- How to pronounce economics (audio)
plural in form but singular or plural in construction
1
a
: a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services
b
: economic theory, principles, or practices
sound economics
2
: economic aspect or significance
the economics of building a new stadium
3
: economic conditions
current economics

Examples of economics in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Giovanni Peri, an economics professor at UC Davis, warned the combination of an aging population, low labor supply and fewer immigrants will exacerbate a crisis. Mark Weinstein, MSNBC Newsweek, 27 Apr. 2025 In a region where economics is deeply intertwined with security, economic engagement matters. Lynn Kuok, Foreign Affairs, 14 Apr. 2025 Car prices will go up for around 90% of new cars made in North America, Matthew Metzgar, an economics professor at UNC Charlotte, previously told The Charlotte Observer. Evan Moore, Charlotte Observer, 28 Mar. 2025 Our economics reporters — based in New York, London, Brussels, Berlin, Hong Kong and Seoul — are digging into every aspect of the tariffs causing global turmoil. Eshe Nelson, New York Times, 14 Apr. 2025 See All Example Sentences for economics

Word History

Etymology

earlier oeconomicks "science or art of managing a household" from oeconomick, economike in same sense (Middle English iconomique, borrowed from Middle French yconomique, borrowed from Medieval Latin economica, feminine singular or neuter plural of oeconomicus "relating to the management of a household") + -ics — more at economic

Note: Compare ancient Greek oikonomikḗ "practice of household, administrative or economic management," oikonomiká (neuter plural) "administrative affairs."

First Known Use

1792, in the meaning defined at sense 1a

Time Traveler
The first known use of economics was in 1792

Browse Nearby Words

Cite this Entry

“Economics.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/economics. Accessed 3 May. 2025.

Kids Definition

economics

singular or plural noun
ec·​o·​nom·​ics
ˌek-ə-ˈnäm-iks,
ˌē-kə-
1
: a social science concerned with description and analysis of the production, distribution, and consumption of goods and services
2
: financial considerations
the economics of buying a house
economist
i-ˈkän-ə-məst
noun

More from Merriam-Webster on economics

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