define economics - EAS

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    economics
    [iːkəˈnɒmɪks, ɛkəˈnɒmɪks]
    DANH TỪ
    economics (danh từ) · economics (danh từ số nhiều)
    1. the branch of knowledge concerned with the production, consumption, and transfer of wealth.
      từ đồng nghĩa:
    2. the condition of a region or group as regards material prosperity.
      "he is responsible for the island's modest economics"
  2. Economics is a science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.
  3. Economics Definition: Overview, Types, & Indicators

    https://www.investopedia.com/terms/e/economics.asp
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    Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. Economics focuses on the actions of huma…
    • One of the earliest recorded economic thinkers was the 8th-century B.C. Greek farmer/poet Hesiod, who wrote that labor, materials, and time needed to be allocated efficiently to overcome scarcity. But the founding of modern Western economics occurred much later, generally credite…
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  4. Economics Definition & Meaning - Merriam-Webster

    https://www.merriam-webster.com/dictionary/economics

    The meaning of ECONOMICS is a science concerned with the process or system by which goods and services are produced, sold, and bought. See more meanings of economics. How to use economics in a sentence.

  5. What is Economics? - Definition, History, Timeline ...

    https://study.com/academy/lesson/what-is-economics...

    11/10/2021 · Economics is used daily, such as when deciding whether to eat at a restaurant a few times a week or put the money towards buying a house. In this lesson, learn what economics is, its history, and ...

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    • What is Economics - Definitions, Criticisms. Modern ...

      https://corporatefinanceinstitute.com/resources/...

      Modern Definition of Economics. The modern definition, attributed to the 20 th -century economist, Paul Samuelson, builds upon the definitions of the past and defines the subject as a social science. According to Samuelson, “Economics is the study of how people and society choose, with or without the use of money, to employ scarce productive ...

    • Economics - Wikipedia

      https://en.wikipedia.org/wiki/Economics

      Economics (/ ˌ ɛ k ə ˈ n ɒ m ɪ k s, ˌ iː k ə-/) is "the social science that studies the production, distribution, and consumption of goods and services.". Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics is a field which analyzes what's viewed as basic elements in the economy, including individual agents and …

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