political economy


a social science dealing with political policies and economic processes, their interrelations, and their influence on social institutions.
(in the 17th–18th centuries) the art of management of communities, especially as affecting the wealth of a government.
(in the 19th century) a social science similar to modern economics but dealing chiefly with governmental policies.

Origin of political economy

First recorded in 1605–15

Related forms

political economist, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for political economy

  • I have finished Harriet Martineau's political-economy story, which I liked exceedingly.

    Records of a Girlhood|Frances Ann Kemble

British Dictionary definitions for political economy

political economy


the former name for economics (def. 1)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012