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2017-05-25 08:19:45
2017-05-25 08:19:45

Economics is the branch of social science that deals with the production and distribution and consumption of goods and services and their management,

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(used with a singular verb) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a plural verb) financial considerations; economically significant aspects: What are the economics of such a project?

Just to add to your knowledge: The word economics comes from a greek word Oikou-Nomos or O'konomia
The definition of the word economics is "the branch of knowledge concerned with the production, consumption, and transfer of wealth."

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