economics

Universal Words noun 1 [U] the study of how a society organizes its money, trade and industry: He studied politics and economics at Yale. * Keynsian / Marxist economics seealsoHOMEECONOMICS 2 [pl.,U] the way in which money influences, or is organized within an area of business or society: The economics of the project are very encouraging. * The economics of maintaining a safe environment are not just the concern of the government.