economics
economics
The social science that studies the production, distribution, and consumption of goods and services.
Example
"She studied economics to better understand how markets and governments interact."
💡 Memory Tip
ECON-omics — eco comes from Greek for household. Economics is managing the household of society.
Etymology
From Greek 'oikonomia' meaning 'household management' — managing resources.
Common Misspellings
economcsecomomicseconimicseconomicss