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noun · B2 · often · UK/US

economics

economics

Meaning of economics

social science

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B2often

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Pronunciation
British English/ˌiː.kəˈnɒm.ɪks/
American English/ˌɛkəˈnɑmɪks/
economics
economics - economics
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economics with Korean translation

economics usage examples

Usage examples will appear here with translation and context.

Learn by topic

economics belongs to the topic "Subjects". Start with a short 7-word set so the word is easier to remember in context.

economics경제학
child아이
student학생
exam시험
homework숙제
grade점수
online온라인

economics synonyms

Related word breakdowns

What's the difference between economics / economy / macroeconomics / microeconomics / econometrics / economic theory

🇬🇧English

Refers primarily to the system of production and consumption in a country or region; can also mean thrift or efficiency in informal contexts.

B2Very Often

The country's economy is recovering after the recession.

🇬🇧English

A branch of economics dealing with aggregate indicators like GDP, inflation and unemployment.

B2Often

Macroeconomics examines how fiscal policy affects national unemployment.

🇬🇧English

The branch of economics that studies individual agents' behaviour, such as households and firms, and market mechanisms.

B2Often

Microeconomics looks at how a price change affects consumer choices.

E
🇬🇧English
econometrics

A technical area applying statistical and mathematical methods to economic data to test theories and estimate relationships.

B2Rarely

Econometrics is used to estimate the effect of education on earnings.

E
🇬🇧English
economic theory

The set of models and principles that explain economic behaviour and outcomes.

B2Rarely

Economic theory provides models to predict market responses to shocks.

P
🇬🇧English
political economy

An approach linking economics with political institutions and power; also a historical term for economics as a discipline.

B2Rarely

Political economy explores how government structure shapes economic outcomes.

🇬🇧English

An academic or school subject focused on practical aspects of business such as management, marketing and accounting.

B2Often

He took business studies at college to learn about marketing and finance.

E
🇬🇧English
economic policy

Government measures and decisions intended to influence a country's economy (fiscal, monetary, regulatory policies).

B2Often

The new economic policy aims to reduce unemployment through targeted public investment.

What's the difference

Related words and lists for economics

How to pronounce economics and what this word means

economics means economics. This page includes translation, pronunciation, transcription, audio, usage examples and related words.

how to pronounce economics

/ˌiː.kəˈnɒm.ɪks/

economics translation

economics

economics transcription

/ˌiː.kəˈnɒm.ɪks/, /ˌɛkəˈnɑmɪks/

Questions about this word

economics meaning: what does it mean?

social science

economics pronunciation: how do you pronounce it?

economics is pronounced as /ˌiː.kəˈnɒm.ɪks/. Audio is available on this page when the word has a recording.

Is economics part of Subjects vocabulary?

Yes, economics can be learned in the Subjects topic. This semantic link helps build related word lists and topic-based practice.

Is economics part of Study and Work vocabulary?

Yes, economics can be learned in the Study and Work topic. This semantic link helps build related word lists and topic-based practice.

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