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Economics is a social science that focuses on the production, distribution, and consumption of goods and services. The study of economics is primarily concerned with analyzing the...
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 behaviour and interactions of economic agents and how economies work.
economics, social science that seeks to analyze and describe the production, distribution, and consumption of wealth.
The meaning of ECONOMICS is a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services. How to use economics in a sentence.
Economics is a social science that deals with how individuals, businesses, and societies interact with one another to meet their economic needs. It studies the production, consumption, distribution, and exchange of goods and services among individuals, businesses, and societies.
ECONOMICS definition: 1. the way in which trade, industry, or money is organized, or the study of this: 2. the way in…. Learn more.
Economics is a social science, which means it studies human behaviour. Economics looks at how limited resources are allocated to meet the unlimited needs and wants of a human.