economics

USAGE SUMMARY

The word 'economics' is correct and can be used in written English.
You can use it when discussing the branch of knowledge that deals with the production, consumption, and transfer of wealth, or when talking about the study of the management of resources. Example sentence: I'm taking a course in economics this semester so I can better understand the world economy.

✓ Grammatically correct

News & Media

Formal & Business

Academia

Human-verified examples from authoritative sources

Exact Expressions

53 human-written examples

To people within the economics profession, Yellen's qualifications are obvious.

The Guardian - Opinion

For example, if you went to the University of West Virginia, you could do economics and Asian studies, with elective classes in maths, philosophy, history and French.

The Guardian

If economics is now skipped over quickly and the health service is an outright taboo, the old Cameron confidence still shines through on the two subjects he focused on.

The Guardian - Opinion

It excludes anyone who could lend a modicum of diversity to these debates; who might challenge the status quo on the environment, on devolution, on constitutional change, on free-market economics, on gender politics.

The Guardian - Opinion

I make my living teaching finance, the branch of economics concerned with putting a value on assets such as stocks, bonds, mortgages and options.

The Guardian - Money

And yet the economics professor who ran on a ticket of standing up to the Washington establishment slayed Capitol Hill's Goliath with a single blow, winning by 56% to 44%.

The Guardian

Human-verified similar examples from authoritative sources

Similar Expressions

7 human-written examples

No one I speak to likes the word "activist", as Maeve Cohen, from the Post-Crash Economics Society explains to me on the phone: "If you have people who identify as 'activists', then everybody else is a non-activist, who can leave the activities to the activists.

The Guardian

The men's rugby club at the London School of Economics, disbanded this week over a homophobic and misogynistic leaflet distributed to prospective members, had previously been involved in actions including "blacking up" and playing Nazi-themed drinking games, according to the university's students' union.

The Guardian

"The contagion risk to other economies is significant; we think that Grexit would lead to the reintroduction of a currency-risk premium and higher peripheral bond yields," said the consultancy Oxford Economics.

The Guardian - Business

Subjects in the timetable range from dining and singing sessions and sushi-making performance art classes to the Sundown Schoolhouse of Queer Home Economics, plus explorations of time and space, forensics and Freddie Mercury.

The Guardian - Arts

James Ker-Lindsay, a Balkans expert at the London School of Economics, is more emphatic: "The legality of Kosovo's unilateral declaration of independence is the most important case ever to come before the international court of justice.

The Guardian

Expert writing Tips

Best practice

When discussing "economics", be specific about the subfield or aspect you are addressing, such as behavioral economics, macroeconomics, or microeconomics, to provide clarity.

Common error

Avoid using "economics" when you actually mean "economy". "Economics" is the study of the economy, while the "economy" refers to the actual system of production, distribution, and consumption of goods and services.

Linguistic Context

The primary grammatical function of "economics" is that of a noun. It typically refers to the academic discipline or the study of economic systems. Ludwig AI confirms this with numerous examples showing its use in various contexts.

Expression frequency: Very common

Frequent in

News & Media

35%

Formal & Business

30%

Academia

25%

Less common in

Science

5%

Encyclopedias

3%

Wiki

2%

Ludwig's WRAP-UP

In summary, "economics" is a noun referring to the study of how societies manage resources, encompassing allocation, distribution, and consumption. Ludwig AI highlights its frequent use in various contexts, primarily within news, business, and academic spheres. It's crucial to differentiate "economics" from the "economy" itself. Use specific terms for clarity, such as "microeconomics" or "macroeconomics". Be mindful of the register: formal in academic papers, professional in business discussions, and relatively neutral in news reports. Understanding these nuances will ensure precise and effective communication regarding economic concepts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

economic science

Focuses on the scientific aspect of the field.

political economy

Emphasizes the intersection of politics and the economy.

economic theory

Highlights the theoretical frameworks within economics.

economic principles

Refers to the fundamental concepts of economics.

financial science

Focuses on financial aspects related to economics.

fiscal policy

Refers to the government's use of spending and taxation to influence the economy.

monetary policy

Concerns the actions of a central bank to manipulate the money supply and credit conditions to stimulate or restrain economic activity.

supply-side economics

Focuses on policies that aim to increase the aggregate supply of goods and services in an economy.

demand-side economics

Emphasizes the role of aggregate demand in driving economic growth and stability.

econometrics

Involves the use of statistical methods to analyze economic data.

FAQs

How is "economics" used in a sentence?

You can use "economics" to refer to the study of resource allocation, distribution, and consumption. For example: "She is majoring in "economics" at university."

What's the difference between "economics" and the "economy"?

"Economics" is the study of how resources are managed, while the "economy" is the system itself. One studies; the other is the thing being studied.

What are some related fields to "economics"?

Related fields include "finance", "political science", and "sociology", as economic activity often intersects with these disciplines.

What are some key concepts in "economics"?

Key concepts include supply and demand, scarcity, opportunity cost, and market equilibrium.