economics

(noun) The social science concerned with description and analysis of the production, distribution, and consumption of goods and services and the allocation and management of investments, money, and wealth.

Audio Pronunciation: (ec·o·nom·ics)

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Usage Notes:

  • Also called economic science.
  • Informally called the dismal science.
  • Historically called political economy.
  • An (noun) economist (adverb) economically studies the economy to create (adjective) economic or (adjective) economical works.

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Works Consulted

Collins English Dictionary: Complete and Unabridged. 6th ed. 2003. Glasgow, Scotland: Collins.

Farlex. (N.d.) TheFreeDictionary.com: Dictionary, Encyclopedia and Thesaurus. Farlex. (http://www.thefreedictionary.com/).

Macmillan. (N.d.) Macmillan Dictionary. (https://www.macmillandictionary.com/).

Merriam-Webster. (N.d.) Merriam-Webster Dictionary. (http://www.merriam-webster.com/).

Oxford University Press. (N.d.) Oxford Dictionaries. (https://www.oxforddictionaries.com/).

Princeton University. 2010. WordNet. (https://wordnet.princeton.edu/).

Random House Webster’s College Dictionary. 1997. New York: Random House.

Taylor & Francis. (N.d.) Routledge Handbooks Online. (https://www.routledgehandbooks.com/).

Wikipedia contributors. (N.d.) Wikipedia, The Free Encyclopedia. Wikimedia Foundation. (https://en.wikipedia.org/).

Wikipedia contributors. (N.d.) Wiktionary, The Free Dictionary. Wikimedia Foundation. (http://en.wiktionary.org).

 

How to Cite the Definition of Economics

ASA – American Sociological Association (5th edition)

Bell, Kenton, ed. 2015. “economics.” In Open Education Sociology Dictionary. Retrieved November 14, 2018 (https://sociologydictionary.org/economics/).

APA – American Psychological Association (6th edition)

economics. (2015). In K. Bell (Ed.), Open education sociology dictionary. Retrieved from https://sociologydictionary.org/economics/

Chicago/Turabian: Author-Date – Chicago Manual of Style (16th edition)

Bell, Kenton, ed. 2015. “economics.” In Open Education Sociology Dictionary. Accessed November 14, 2018. https://sociologydictionary.org/economics/.

MLA – Modern Language Association (7th edition)

“economics.” Open Education Sociology Dictionary. Ed. Kenton Bell. 2015. Web. 14 Nov. 2018. <https://sociologydictionary.org/economics/>.