Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. The social science that deals with the production, distribution, and consumption of goods and services and with the theory and management of economies or economic systems.
  • n. Economic matters, especially relevant financial considerations: "Economics are slowly killing the family farm” ( Christian Science Monitor).

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production.

from the GNU version of the Collaborative International Dictionary of English

  • n. The science of household affairs, or of domestic management.
  • n. Political economy; the science of the utilities or the useful application of wealth or material resources; the study of the production, distribution, and consumption of goods and services of a nation or region, and its effect on the wealth of a country. See Political economy, under Political.

from The Century Dictionary and Cyclopedia

  • n. The science of household or domestic management.
  • n. The science which treats of wealth, its production, distribution, etc.; political economy.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. the branch of social science that deals with the production and distribution and consumption of goods and services and their management

Etymologies

From economy, from Latin oeconomia, from Ancient Greek οἰκονομία (oikonomia, "management of a household, administration"), from οἶκος (oikos, "house") + νόμος (nomos, "law"). (Wiktionary)

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