Search results
- DictionaryPo·lit·i·cal e·con·o·my/pəˈlɪdəkəl iˈkɑnəmi/
noun
- 1. economics as a branch of knowledge or academic discipline. dated
Jun 25, 2024 · Political economy is a branch of social science that studies the relationship that forms between a nation's population and its government when public...
- Will Kenton
- 1 min
People also ask
What is political economy?
What is the difference between economics and political economy?
What are the key terms associated with political economy?
What is political economy in social science?
Political economy is a branch of political science and economics studying economic systems (e.g. markets and national economies) and their governance by political systems (e.g. law, institutions, and government).
Jul 17, 2023 · Political economy, as defined in Chapter One, is a subfield of political science that considers various economic theories (like capitalism, socialism, communism, fascism), practices and outcomes either within a state, or among and between states in the global system.
If economics is the study of the optimal use of scarce resources, political economy begins with the political nature of decisionmaking and is concerned with how politics will affect economic choices in a society.
- 574KB
- 17
Political economy is a social science that studies production, trade, and their relationship with the law and the government. It is the study of how economic theories affect different socio-economic systems, such as socialism and communism, along with the creation and implementation of public policy.
political economy, Academic discipline that explores the relationship between individuals and society and between markets and the state, using methods drawn from economics, political science, and sociology.
This course is intended as an introduction to the field of political economy. It is the first part of a two-part sequence in political economy, along with 14.773 Political Economy: Institutions and Development.
