Definition, Meaning & Synonyms
nomics
Noun
/ˈnɒmɪks/
Definition
A branch of knowledge or study associated with economic principles and practices.
Examples
- Economics is crucial for understanding market behaviors.
- In this course, we will explore various nomics related to finance.
- Psychonomics examines the psychological aspects of economic decision-making.
Meaning
The term ‘nomics’ is used as a suffix in words that pertain to economic systems, approaches, or theories.
Synonyms
- Economics
- Finance
- Economic theory