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- "scientific study of the efficiency of people in the workplace," coined 1950 from Greek ergon "work" (from PIE root *werg- "to do") + second element of economics.
www.etymonline.com › word › economics
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. also from 1580s.
- Français (French)
Signification de economics: économie; En 1580, le terme "art...
- Microeconomics
word-forming element meaning "small in size or extent,...
- Français (French)
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- 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 earliest known use of the noun economics is in the mid 1500s. OED's earliest evidence for economics is from 1535, in a translation by W. Marshall. economics is formed within English, by conversion; originally modelled on a Greek lexical item.
Economics (/ ˌ ɛ k ə ˈ n ɒ m ɪ k s, ˌ iː k ə-/) [1] [2] is a social science that studies the production, distribution, and consumption of goods and services. [3] [4] Economics focuses on the behaviour and interactions of economic agents and how economies work.
May 25, 2018 · 1. Xenophon, the mercenary turned armchair philosopher. Xenophon was the author of the “Oeconomicus,” a Socratic dialogue that focuses on household management. Evidence for this author’s life...
In modern English, the word “economics” emerged in the late 16th century. It referred to the science or study of wealth and production. Over time, economics became a distinct field of study, focusing on the allocation of resources, production, distribution, and consumption of goods and services. Meaning of Economics
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.
