Economics (/ ˌɛkəˈnɒmɪks, ˌiːkə -/) [1][2] is a social science that studies the production, distribution, and consumption of goods and services. [3][4] Economics focuses on the …

Learn more about inflation, interest rates, and economic policy. Difficult as it may be to define economics, it is not difficult to indicate the sorts of questions that concern economists.

Aug 25, 2025 · Many economic theories have evolved as societies and markets have grown and changed. However, three disciplines of economics—neoclassical, Keynesian, and …

Economics is the study of how we make choices in the face of scarcity and how those choices motivate behavior. As individuals, families, and nations, we confront difficult choices about …

The meaning of ECONOMIC is of, relating to, or based on the production, distribution, and consumption of goods and services. How to use economic in a sentence.

In his 1932 text, “An Essay on the Nature and Significance of Economic Science,” Robbins said the following about the subject: “Economics is the science which studies human behaviour as …

ECONOMIC meaning: 1. relating to trade, industry, or money: 2. making a profit, or likely to make a profit: 3…. Learn more.

Economics can be defined in a few different ways. It’s the study of scarcity, the study of how people use resources and respond to incentives, or the study of decision-making. It often …

Economics can provide insights in areas as diverse as how workers should be rewarded, how government should conduct fiscal and monetary policy, and how health care markets work. …

Sep 4, 2025 · This summary presents a sampling of economic information for the area; supplemental data are provided for regions and the nation. Subjects include unemployment, …