Definition of Economics
the division associated with the creation, supply and purchasing of services and goods
Examples of Economics in a sentence
While analysing the economics of the company’s fourth quarter, it was determined that their electronics were selling better than any other items in the store.
After completing the course in economics, the young man could determine how to conduct his dry-cleaning business to make a good profit.
Due to the economics concerning the labor force, the company’s CEO decided to hire cheaper day laborers in order to make more money for the company.
Taxation plays a part in the economics of selling goods because the business must pay taxes on purchasing raw materials and selling the finished product.
Dr. Fisher instructed the students in his class on how the strength of economics in the industry can increase the number of jobs.
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