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Economy vs Economics
Former-TeacherDate: Saturday, 09.04.2011, 08:57 | Message # 1
Dean
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Dear Learners!
The two words in the title of the thread mean two different things.
The word 'Economy' means 'sphere of production and commerce'.
The word 'Economics' means 'science of economic laws and processes'.
So, you will make a mistake if you write:
'Mikhail Prokhorov suggests better conditions for employers and emplyees in order to develop economics in our country'.
In this sentence you are to use the word 'economy'.
 
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