경제학
The branch of knowledge concerned with the production, consumption, and transfer of wealth. A common academic subject in TOEFL listening and reading.
Examples
3 of 5요즘 경제학에 부쩍 관심이 생겼어요.
I've recently become very interested in economics.
노벨 경제학상 수상자의 특별 강연이 있겠습니다.
There will be a special lecture by the Nobel Prize winner in Economics.
경제학 너무 어렵지 않아?
Isn't economics too difficult?
Word Family
Memory Tip
Gyeong-je (Economy) + Hak (Study). The study of how money and resources move.
Quick Quiz
아담 스미스는 ____의 아버지라 불린다.
Correct!
The correct answer is: a
Examples
요즘 경제학에 부쩍 관심이 생겼어요.
everydayI've recently become very interested in economics.
노벨 경제학상 수상자의 특별 강연이 있겠습니다.
formalThere will be a special lecture by the Nobel Prize winner in Economics.
경제학 너무 어렵지 않아?
informalIsn't economics too difficult?
경제학은 자원의 효율적 배분을 연구하는 학문이다.
academicEconomics is a study that researches the efficient allocation of resources.
기업 운영에는 기초적인 경제학 지식이 필수적입니다.
businessBasic economics knowledge is essential for running a business.
Word Family
Common Collocations
Common Phrases
경제학을 전공하다
to major in economics
경제학적 관점
economic perspective
경제학의 법칙
laws of economics
Often Confused With
경제학 (economics) studies macro/theory of wealth, while 경영학 (business administration) studies micro/application of managing a firm.
Usage Notes
Very common in academic contexts involving supply/demand and market theories.
Common Mistakes
Don't confuse '경제' (economy/finances) with '경제학' (the academic field).
Memory Tip
Gyeong-je (Economy) + Hak (Study). The study of how money and resources move.
Word Origin
From Sino-Korean 經濟學 (manage + save + study).
Grammar Patterns
Quick Quiz
아담 스미스는 ____의 아버지라 불린다.
Correct!
The correct answer is: a
Related Vocabulary
More business words
인적 자원
B2The people who make up the workforce of an organization, business sector, or economy; also refers to their skills and abilities.
일자리 창출
B2The process of creating new employment opportunities in an economy.
점유율
B2The proportion or percentage of a market or space occupied by a specific entity.
가용하다
B2Available for use; able to be mobilized or utilized (usually resources, time, or manpower).
실용성
B2The quality of being useful or suitable for a particular purpose, rather than just being attractive or theoretical.
변곡점
B2An inflection point or turning point; a point on a curve or in a series of events where a significant change in direction or trend occurs.
산출물
B2The final product, outcome, or result generated from a specific process, project, or effort.
중재하다
B2To intervene between people in a dispute in order to bring about an agreement or reconciliation.
총괄하다
B2To manage or oversee multiple tasks, departments, or aspects of a project as a whole.
추진력
B2The power or energy that pushes a project, policy, or movement forward; momentum or driving force.
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