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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

Example Sentences

Recent Examples on the Web Flawless as their reputation may be, the economics of using Substack are hard to justify over the long term. WIRED, 15 Sep. 2022 But as battery prices have fallen, the economics of making wireless charging roads doesn't appear to make much sense beyond low-speed applications like taxi queues at stations or airports or drayage trucks hauling shipping containers at ports. Jonathan M. Gitlin, Ars Technica, 15 Sep. 2022 Some factories, such as zinc manufacturers, can restart quickly when the economics add up again. Joe Wallace, WSJ, 11 Sep. 2022 Globally, the share of electricity that goes to lighting has fallen in the last decade from about 20% to 13%, said Georges Zissis, a physicist at the University of Toulouse who studies the economics of lighting. Tim Mcdonnell, Quartz, 9 Sep. 2022 Nobody can accuse Aron and AMC of throwing up their hands and doing nothing to combat the fact that the economics of the movie theater business have arguably changed forever. Paul R. La Monica, CNN, 8 Sep. 2022 Before most executives know it, the economics of running an ad in the Super Bowl can swell from being merely eye-popping to exponentially astronomical. Brian Steinberg, Variety, 7 Sep. 2022 But since my day, the economics have changed, college is more expensive and, for younger generations, the American dream seems further off. Clarence Page, Chicago Tribune, 6 Sep. 2022 Yet the economics of wind power are heavily dependent on federal subsidies, and some experts suggest those subsidies are structured in a way that incentivizes operators to skimp on maintenance for older equipment that is no longer eligible. The Oregonian - OregonLive.com, 27 Aug. 2022 See More

Word History

First Known Use

1792, in the meaning defined at sense 1a

Time Traveler
The first known use of economics was in 1792

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