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economics

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economics
economics W3 AC /ˌekəˈnɒmɪks, ˌiː- $ -ˈnɑː-/ noun
 Word Family: noun: economics, economist, economy; adjective: economic, economicalUNECONOMIC(AL), economy; verb: economize; adverb: economicallyuneconomically
1. [uncountable] the study of the way in which money and goods are produced and used ⇨ economic:
    a Harvard professor of economics
2. [plural] the way in which money influences whether a plan, business etc will work effectively:
    the economics of the scheme
home economics