What is the meaning of Economics?

Now chiefly home economics: the art or science of household management, especially relating to the appropriate organization of resources; housekeeping.

Management of household finances; also, the financial situation of a household.

The study of resource and wealth allocation, consumption, and distribution, of capital and investment, and of management of the factors of production.

Chiefly with a descriptive word: the application of this study to a particular domain.

The financial situation of a nation, state, etc.

Chiefly followed by of: the financial aspects of an activity, enterprise, etc.

plural of economic (“one who is skilled in household management; (Christianity, historical) one who manages the income of a vacant benefice”).

masculine plural of economich

masculine plural of economic

Source: wiktionary.org