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Political economy

noun

Definitions

Noun
  1. 1
    Interdisciplinary studies drawing upon economics, law, and political science in explaining how political institutions, the political environment, and the economic system — capitalist, socialist, mixed, and so on — influence each other. countable, uncountable

    "Arguing for a limit on the power of money, [John Maynard Keynes] was faithful to a long tradition of political economy that was concerned with the balance of interests and the dangers of financial domination."

  2. 2
    the branch of social science that deals with the production and distribution and consumption of goods and services and their management wordnet

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