GNU Collaborative International Dictionary of English
last match results
Found one definition
-
Economics (ēˌkŏ‑nŏmˈĭks), n. [Gr. τά οἰκονομικά, equiv. to ἡ οἰκονομία. See Economic.]
1. The science of household affairs, or of domestic management.
[1913 Webster]
2. 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. “In politics and economics.” V. Knox.
[1913 Webster +PJC]