1. the social science that studies the production, distribution, and consumption of goods and services
2. the financial aspects or considerations of something

Examples

• She majored in economics at the university.
• The economics of running a small business can be challenging.
• Supply and demand are fundamental concepts in economics.
• He teaches economics at the local high school.
• The economics of the housing market have changed dramatically.
• Understanding basic economics helps people make better financial decisions.
• The company hired an expert to analyze the economics of their expansion plan.