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economics

advancedC2

/ɪˌkɒnəˈmɪks/ · e-con-o-mics

The branch of knowledge concerned with the production, consumption, and transfer of wealth.

Meanings

nounformal

The branch of knowledge concerned with the production, consumption, and transfer of wealth.

علم جس میں دولت کی پیداوار، استعمال، اور منتقلی کا مطالعہ کیا جاتا ہے۔

معاشیات

ma'ashiyat

Formal: معاشیات

Synonyms

economic sciencepolitical economyfinanceاقتصادمعیشتعلم مالیات

Antonyms

unemploymentdebtpovertyبیروزگاریقرضغربت

Common Collocations

  • economic theory
  • applied economics
  • international economics

Example Sentences

The study of economics is essential for understanding the market.

معاشیات کا مطالعہ مارکیٹ کو سمجھنے کے لیے ضروری ہے۔

Ma'ashiyat ka mutaala market ko samajhne ke liye zaroori hai.

She majored in economics at university.

انہوں نے یونیورسٹی میں معاشیات میں تخصص کیا۔

Unhon ne university mein ma'ashiyat mein takhasus kiya.

Understanding economics helps in making informed decisions.

معاشیات کو سمجھنا باخبر فیصلے کرنے میں مددگار ثابت ہوتا ہے۔

Ma'ashiyat ko samajhna bakhbar faislay karne mein madadgar saabit hota hai.

Easily Confused With

economy:Economics is the study of production and consumption, while economy refers to the system of production and consumption in a particular area.

Word Family

economic
adjectiveمعاشی
economist
nounمعاشیات دان

See Also

💡 Memory Tip

Remember 'eco' for economy, all about managing resources.

Visualize a balance scale representing the supply and demand.

✍️ Urdu Poetry

چاہتوں کا کچھ تو شمار کر اے دوست، عشق کی یہ قیمت تو پہلے جا کر دیکھ لی!

Chahatoh ka kuch to shumar kar ae dosto, Ishq ki yeh qeemat to pehle ja kar dekh li!

Count the desires, O friend, First, see the value of this love!

Unknown, Unverified

* Poetry attribution is AI-generated and may require verification.

🗣️ Urdu Proverb

ہاتھ میں ہے پر ختم نہیں ہوا

Haath mein hai par khatam nahi hua

It's in hand but not finished.

📖 Etymology

Origin: Greek "oikonomia" — management of a household

First known use: 19th century

The term 'economics' originates from the Greek word 'oikonomia' which means household management. It evolved into a field of study in the 18th century, focusing on production, consumption, and the transfer of wealth.