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A class taught to most high school students about how a society manages its scarce resources. It is comprised of a handful of mildly persuasive concepts pumped full of jargon and needlessly represented by graphs to deter intelligent people from realizing that this is not a real science.
Much like intelligent design, economics is a popular psuedo-science that intellectual humans would overlook.
The self-proclaimed “social science” contrastingly strives to ignore more of human nature every few years with a book written by a middle-aged man who realizes that he is not smart enough to discover anything new in a real science.
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time when the economy is struggling due to selfish or greedy law makers
"She isn't very hard on us about selling yearbook ads because of the economicness."
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A last name of a greek family, usually consisting of a sexy, smart, and all round perfect middle child named Kristian.
Yo shawty, you part of the economou family?
Ye, but I wish I was Kristian
Economics is a social science, that is concerned with meeting 'unlimited demands with only scarce resources'. Economics relies on the assumption that everyone wants more and more money, goods and services = we are all a bunch of greedy mo' fo's. Hence the concept is accurate, and will continue to be taught in colleges everwhere for years to come. Noteable masters include the venerable Daddy G, of Peterborough fame.
A: how much are these bananas?
B: £2
A: Fine, I buy them off that illegal immigrant for £1.50
Hence the laws of Supply and Demand are and the concept of economics is satisfied.
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a classy girl who has a low tolerance on alcohol and gets drunk really fast.
That girl doesn't need a lot of alcohol to have a good time, she's quite an economical date.
Dude 1: "oh you get drunk off of one beer, you must be a cheap date"
Classy Girl: "No, I'm not cheap, I'm just economical."
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Economics is the ethics of mixing resources with strangers.
There are many disagreements about what Economics thinks is fair.
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