noun
the branch of social science that deals with the production and distribution and consumption of goods and services and their management
• Syn: ↑economics, ↑economic science
• Members of this Topic:
↑easy, ↑tight, ↑real, ↑nominal, ↑inflationary, ↑deflationary, ↑production, ↑Gresham's Law, ↑economic theory, ↑game theory, ↑theory of games, ↑spillover, ↑capital account, ↑consumption, ↑economic consumption, ↑usance, ↑use, ↑use of goods and services, ↑utility, ↑marginal utility, ↑productivity, ↑monopoly, ↑monopsony, ↑oligopoly, ↑moral hazard
• Hypernyms: ↑social science
• Hyponyms: ↑econometrics, ↑finance, ↑macroeconomics, ↑microeconomics, ↑supply-side economics
• Part Meronyms: ↑economic theory
* * *
the study of how nations organize the production and use of wealth
Useful english dictionary. 2012.