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Economic science   /ˌɛkənˈɑmɪk sˈaɪəns/   Listen
Economic science

noun
1.
The branch of social science that deals with the production and distribution and consumption of goods and services and their management.  Synonyms: economics, political economy.






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"Economic science" Quotes from Famous Books



... branch of study that it is scientific because it is engaged in the discovery, formulation, and correct expression of the laws according to which facts are related, without affecting to give a full presentment of those facts. The treatment in this book belongs in this sense to economic science rather than to industrial history as being an endeavour to discover and interpret the laws of the movement of industrial forces during the period of the eighteenth and ...
— The Evolution of Modern Capitalism - A Study of Machine Production • John Atkinson Hobson



Words linked to "Economic science" :   easy, deflationary, monopoly, inflationary, real, spillover, social science, economic consumption, utility, production, consumption, finance, game theory, moral hazard, monopsony, supply-side economics, economic theory, macroeconomics, theory of games, use, use of goods and services, microeconomics, productivity, oligopoly, nominal, marginal utility, capital account, tight, Gresham's Law, econometrics, usance



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