Questions about example sentences with, and the definition and usage of "Economics"

A: People only buy luxury goods when they have a lot of extra money to spend. When they have very little money, they spend nothing on luxuries. When they have a lot of money, almost all of what they spend is spent on luxuries. So the fraction of money spent on luxuries is not the same for all income levels.

A: "Economics" refers to "decision making in business."
"attrition" is a state in which you are allowing yourself to slowly lose resources but you continue anyway. It can be used strategically in war, business or games.

So, overall, the sentence means that "the decisions that were being made were not for the purpose of increasing efficiency, instead they were for the purpose of intentionally allow the business (or government, or any group) to lose resources for a strategic goal."

A: @Ri-na Haha! Excellent question.

This is the political idea that if the top of the economy does well the benefits "trickle down" to all other people.

So, a government might reduce taxes on rich people, or reduce taxes on big business, claiming that the benefits will "trickle down".

They say "a rising tide lifts all boats".

But it's not certain. 🤔😬🐧

A: When he says "I don't want to get into the economics of it." He is avoiding her question or trying to not answer it. To "get into the economics of it" would be to explain the details of the money exchange that ocurred.

To "grease some palms" means to pay money to some people. "palms" are the part of the hand, so it's like putting money in people's hands.

A: I have a Ph.D in Economics. I received a Ph.D in Economics. I earned a Ph.D in Economics.

A: Thank you so much!

A: An economy is the collection of all economic activity in an area (often a country). Economics is the study of economic activity.

For example, you could talk about the British economy, or you could study British economics.

A: The second one implies more information will be given about another event or that time passed between then and now i.e. "He had studied economics for several years so he felt prepared when he took the exam". The first one sounds more recent like "He studied economics for several years (until recently)" or like a general fact "He has brown hair, he likes dancing, he studied economics for several years" :)

A: Economics is the study of the economy.

A: Check the question to view the answer

A: hlo anushka ji

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A: Hope that helps.

A: It depends on the person, but there are usually two different pronunciations of this word.

A: It means that figuratively, people are rethinking the concepts in economics (the textbooks are out of date so that aren’t good for anything)

A: × Also, I minored in accounting and finance because elective subjects were covering many fields.
✓ Also, I minored in accounting and finance because I had electives covering many fields.

A: If you were talking about economics (without 'the') as an entire field of study it would be singular. e.g. Economics is a difficult subject. But because it is specific to a particular branch of economics i.e. nuclear energy, we say the economics of....(+plural)

A: × There is not something to do with it.
✓ They have nothing to do with each other.

You got the hang of it, keep up the good work. By the way, this might sound a little casual. I assumed you meant to say 関係ない, in that case this is how you'd say it.

A:
Here are a few corrections

“​‎I have studied mainly economics and psychology (as) my major is international development studies. I want to study abroad (in) (Succex University) but my Ieltes score is (lower than the required score)”

Hope this sounds more clear and helps!