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Sep 28, 2017 · economics (n.)1580s, "art of managing a household," perhaps from French économique (see economic); also see -ics. Meaning "science of wealth" is from 1792.
- Français (French)
Signification de economics: économie; En 1580, le terme "art...
- Microeconomics
also micro-economics, "the branch of economics concerned...
- Français (French)
The earlier term for the discipline was 'political economy', but since the late 19th century, it has commonly been called 'economics'. The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός ...
There are four meanings listed in OED's entry for the noun economics. See ‘Meaning & use’ for definitions, usage, and quotation evidence. economics has developed meanings and uses in subjects including. economics (mid 1700s) finance (1850s) See meaning & use.
- Origin of The Word “Economics”
- Definition of Economics
- References
The word ‘Economics’ is derived from a Greek word “Oikonomos”, where Oikos mean Household and nomos mean rule, law or management. So Oikonomos means “household management” or “management of house affairs”-i.e., how people earn income and resources and how they spend them on their necessities, comforts and luxuries. With the passage of time, this wo...
Economics is a science, which is concerned with those aspects of social behaviours and institutions that are involved in using the scarce resources to produce and distribute goods and services to satisfy human wants. According to Bradley R. Schiller “Economics is the study of how best to allocate scarce resources among competing uses.’ According to...
Munir Ahmed Bhutta. Economics,Azeem Academy Publishers, Lahore. Abdul Haleem Khawja. Economics,Khawja and Khawja Publishing House, Islamabad. Manzoor Tahir Ch. Principles of Economics, Azeem Academy Publishers, Lahore. Muhammad Irshad. Economics, Naveed Publications, Lahore. K K Dewett & M H Navalur. Modern Economic Theory (Theory and Policy),S. Ch...
The meaning of ECONOMICS is a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services. How to use economics in a sentence.
