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    • Join Date: Jul 2007
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    economics and economy

    What is a difference in meanings between "economics" and "economy"?

  1. Snowcake's Avatar
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    Re: economics and economy

    The economics of the project are very encouraging.
    The economics of nuclear power has been doleful in the UK.

    'economics' can either be used with a singular or plural noun!

    (the way in which money influences, or is organized within an area.)

    China is one of the fastest-growing economies.

    (economic system of a country)

    The economy is in recession.

    (the relationships between production, trade and the suplly of money in a country or region)

    'economics' is also a science you can study at the university. 'economy' has other meanings too (the efficient use of time, money etc. to avoid waste)
    Last edited by Snowcake; 01-May-2008 at 13:28.

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