- The English term ‘Economics’ is derived from the Greek word ‘Oikonomia’. Its meaning is ‘household management’. Economics was first read in ancient Greece. Aristotle, the Greek Philosopher termed Economics as a science of ‘household management’.
People also ask
What is the etymology of the word economics?
What are the origins of Economics?
What is the econpym of Economics?
What is the history of Economics in Greece?
economic(adj.) of or relating to an economy, the system of production and management of material wealth; economicgrowth. Synonyms: economical. economic(adj.) of or relating to the science of economics; economictheory. economic(adj.) using the minimum of time or resources necessary for effectiveness;
ECONOMICS Meaning: "art of managing a household," perhaps from French économique (see economic); also see -ics. Meaning… See definitions of economics.
Oct 07, 2018 · Etymology of the word Economy The first part of the term Economy, Eco, is derived from Ancient Greek Oikos ( οἶκος , plural οἶκοι ), which meant “house, abode, dwelling”. The Ancient Greeks used the word Oikos to refer to three related — but different in nature — household categories, namely, the family, the family’s property (slaves, farmland…), and the house.
Eco is a derivation of the Greek oikos, meaning an extended family unit that consists of the house, members of the family, slaves, farmland, and all property. The oikos was run by the oldest male of the family, whose role it was to tend to agriculture and to ensure that all components of the family unit were running smoothly. Thus, eco now designates a broad, self-sustained unit, as in the terms ecology and ecosystem.
Economics is a Greek word meaning "household management." Ask. Login. ... The etymological meaning of the term sociology can be defined as the scientific study of society.
I don’t know this. If you wanted to do so, it might be history of economics and then within some specific journal or publication. In common terms, a group of people, presumably those working in the politics and planning of entire systems of commer...
The Oeconomicus (Greek: Οἰκονομικός) by Xenophon is a Socratic dialogue principally about household management and agriculture.. It is one of the earliest works on economics in its original sense of household management, and a significant source for the social and intellectual history of Classical Athens.
Dec 26, 2017 · The English term ‘Economics’ is derived from the Greek word ‘Oikonomia’. Its meaning is ‘household management’. Economics was first read in ancient Greece. Aristotle, the Greek Philosopher termed Economics as a science of ‘household management’.
Economics is generally understood to concern behavior that, given the scarcity of means, arises to achieve certain ends. When scarcity ceases, conventional economic theory may no longer be applicable. (See affluent society.)
Oct 29, 2010 · "Economics is the study of those natural laws which governs production, distribution and consumption of wealth; in economics we study that individual and social behavior of man which satisfy his desires and causes overall economic development." Thee is no single definition of economics upon which all the economists are mutually agreed.