economics

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♦ eco|nom|ics /'iːkən'ɒmɪks, 'ek-/
1 [N-UNCOUNT]
Economics is the study of the way in which money, industry, and trade are organized in a society.
He gained a first class Honours degree in economics.
see also home economics
2 [N-UNCOUNT]
The economics of a society or industry is the system of organizing money and trade in it.
...the economics of the third world.home eco|nom|ics
[N-UNCOUNT]
Home economics is a school subject dealing with how to run a house well and efficiently.

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