Ekonomika (en. Economics)

ɛ.kɔ.nɔ.mɪ.kɑ

Meaning & Definition

EnglishTagalog
noun
A social science that studies the production, distribution, and consumption of goods and services.
Economics is essential for understanding market movements.
Ang ekonomika ay mahalaga sa pag-unawa ng mga galaw ng merkado.
Systematic study of human decisions regarding the use of limited resources.
The economic study focuses on the selection and allocation of resources.
Ang ekonomikong pag-aaral ay nakatuon sa pagpili at pagsasaayos ng mga yaman.
A science that describes the relationship between people and their economic activities.
Economics includes the analysis of markets and the economies of countries.
Kasama sa ekonomika ang pagsusuri ng mga pamilihan at ekomomiya ng mga bansa.

Etymology

Derived from the Greek word 'oikonomia', meaning 'management of a household'.

Common Phrases and Expressions

country’s economy
Refers to the overall economic condition in a country.
ekonomika ng bansa
economic research
Study and analysis of economic issues.
pananaliksik sa ekonomika

Related Words

finance
A branch of economics focused on the management of money and funds.
finansiya
market analysis
The process of studying and understanding markets and economic signals.
pagsusuri ng merkado

Slang Meanings

Money talk (talking about money and wealth)
We need to discuss the economy because we have a lot of debt.
Kailangan natin pag-usapan ang ekonomika kasi marami na tayong utang.
Expenses and income (considering expenses and income in life)
I focused on my economics so I won't drown in debt.
Tinutukan ko yung ekonomika ko para hindi ako malubog sa utang.
Livelihood and jobs (about livelihood and employment)
I hope we can find a solution to the economic issues in our community.
Sana makahanap tayo ng solusyon sa mga isyu sa ekonomika sa barangay.
Human life (the impact of the economy on people's lives)
The economy indicates how hard life is now.
Ang ekonomika ang nagsasabi kung gano'ng kahirap ang buhay ngayon.