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economics

Syllabification: (ec·o·nom·ics)
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Definition of economics

noun

[often treated as singular]
  • 1the branch of knowledge concerned with the production, consumption, and transfer of wealth.
  • 2the condition of a region or group as regards material prosperity:he is responsible for the island’s modest economics

Origin:

late 16th century (denoting the science of household management): from economic + the plural suffix -s, originally on the pattern of Greek ta oikonomika (plural), the name of a treatise by Aristotle. Current senses date from the late 18th century

economics in other Oxford dictionaries

Definition of economics in the British & World English dictionary