" economize "

 [ "economics" ]

1: The allocation of scarce resources that have alternative uses.

  * e.g.,  ... Everyone should have a basic understanding of economics to be an educated citizen 

 [ "economics" ]

1: The study of choice in the face of scarcity.

  * e.g.,  ... Ignorant people who post idiotic definitions have scarce resources. 

 [ "economicness" ]

1: time when the economy is struggling due to selfish or greedy law makers

  * e.g.,  ... "She isn't very hard on us about selling yearbook ads because of the economicness." 

 [ "economou" ]

1: A last name of a greek family, usually consisting of a sexy, smart, and all round perfect middle child named Kristian.

  * e.g.,  ... Yo shawty, you part of the economou family? 

 [ "Economics" ]

1: 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.

  * e.g.,  ... A: how much are these bananas? 

 [ "economical" ]

1: a classy girl who has a low tolerance on alcohol and gets drunk really fast.

  * e.g.,  ... That girl doesn't need a lot of alcohol to have a good time, she's quite an economical date. 

 [ "economics" ]

1: The study of fufilling ones unlimited wants using the Earth's limited resources.

  * e.g.,  ... "It's pure economics! Since our resource of TV writers is scarce, we're stuck with crappy reality shows!" 

 [ "economics" ]

1: a "science" created by a group of middle-aged, bearded men called "economists" to ensure that anything they say can never be proven wrong

  * e.g.,  ... Steve: Dude, you really f'd up on that predication! 

 [ "economics" ]

1: -A social science discipline with a contemporaneous logical framework that's based completely on the assumption that scarcity is a problem intrinsic to society. The effect of which justifies greed as a virtue. -An institutional requirement for dime-a-dozen business majors, usu. taught by middle-aged, overly opinionated, white males in need of serious cultural experiences. -Taught by sports coaches in high school as the study of "common sense."

  * e.g.,  ... Teacher: "Economics studies how a society chooses to allocate its scarce resources among alternative uses." Student: "What if the society's resources cease to be scarce?" Teacher: "How is that even possible?" Student: "The society's productivity meets or exceeds the point of what it needs to sustain itself." Teacher: "But individual material DESIRES are infinite!" Student: "Only in a society that breeds such nonsense." 

 [ "economics" ]

1: Economics is about creating good outcomes for human beings.

  * e.g.,  ... Economics can establish criteria by which governmental decisions can be made.  

 [ "economics" ]

2: Economics isn't meant to explain everything, but it is good for establishing parameters, distinguishing relationships, identifying issues, clarifying options and providing an analytical framework.