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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