Economics Dictionary

Elyte Labs

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Economics (/ɛkəˈnɒmɪks, iːkə-/) is the social science that studies the production, distribution, and consumption of goods and services.

Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements.

App Features:

• Material Design
• Option to add Bookmarks
• Text to Speech
• Beautiful UI which makes using app very easier
• Advanced Search Option searches for words while you type
• Easy to understand meanings
• Bookmark Favorite Words
• Completely offline and free
• Night mode / Dark mode support
• Change text size and fonts in settings
• Alphabetical listing
• Quick search option
• Easy to use user interface
• Share Words Definition to Social Media
• Regular Updates
• Word of the Day notification
• Small App Size


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