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Definitions

American Heritage® Dictionary of the English Language, Fourth Edition

  1. n. The social science that deals with the production, distribution, and consumption of goods and services and with the theory and management of economies or economic systems.
  2. n. Economic matters, especially relevant financial considerations: "Economics are slowly killing the family farm” ( Christian Science Monitor).

Century Dictionary and Cyclopedia

  1. n. The science of household or domestic management.
  2. n. The science which treats of wealth, its production, distribution, etc.; political economy.

Wiktionary

  1. n. social sciences The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production.

GNU Webster's 1913

  1. n. The science of household affairs, or of domestic management.
  2. n. 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.

WordNet 3.0

  1. n. the branch of social science that deals with the production and distribution and consumption of goods and services and their management

Etymologies

  1. From economy, from Latin oeconomia, from Ancient Greek οἰκονομία (oikonomia, "management of a household, administration"), from οἶκος (oikos, "house") + νόμος (nomos, "law"). (Wiktionary)

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‘economics’ has been looked up 1563 times, loved by 1 person, added to 16 lists, and has a Scrabble score of 15.