economics

noun/ˌɛkəˈnɑmɪks/

Frequency rank: #2,352 of 20,003 in the WORDED list (wordfreq data)

Meaning

The study of how money, goods, and services are produced and used.

Illustration for the English word “economics”

Example sentence

Studying economics helps us understand how resources are allocated in society.

Synonyms & related words

More words in ranks 2,301–2,400