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political economy

   Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson 0.06 sec.

political economy

Academic discipline that explores the relationship between individuals and society and between markets and the state, using methods drawn from economics, political science, and sociology. The term is derived from the Greek terms polis (city or state) and oikonomos (one who manages a household). Political economy is thus concerned with how countries are managed, taking into account both political and economic factors. The field today encompasses several areas of inquiry, including the politics of economic relations, domestic political and economic issues, the comparative study of political and economic systems, and the study of international political economy.



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Do you understand Political Economy and the Laws of Supply and Demand?
In the earlier series of books containing, among others, Bosanquet's "History of Aesthetic," Pfleiderer's "Rational Theology since Kant," Albee's "History of English Utilitarianism," Bonar's "Philosophy and Political Economy," Brett's "History of Psychology," Ritchie's "Natural Rights," these objects were to a large extent effected.
I was taught a lesson in political economy in Frankfort.
 
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