economics English · revision 5394

+ {{infobox|confidence=established|formation=derivation|attested=1580s|origins=grc οἶκος}}

+

+ ==Pronunciation==

+ * IPA: UK /ˌiːkəˈnɒmɪks/, /ˌɛkəˈnɒmɪks/, US /ˌɛkəˈnɑmɪks/, /ˌikəˈnɑmɪks/^(Wiktionary)

+

+ ==Etymology==

+ It is formed from [[economic]] and the plural ending [[-ics]], perhaps after French économique,^(Etymonline)^(SOED 2002) originally on the pattern of Latin oeconomica and Greek ta oikonomiká, the title of a treatise by Aristotle.^(SOED 2002)^(NODE 1998) The Greek word is from oikonómos “manager of a household”, from [[grc|οἶκος|tr=oîkos|t=house]].^(Etymonline) It is related to [[economy]].^(Etymonline)

+

+ ==Earliest recorded meaning==

+ The art or science of managing a household, or a treatise on it: the 1580s in Etymonline, the late 16th century in SOED.^(Etymonline)^(SOED 2002) The HTOED dates this sense from 1535.^(HTOED)

+

+ ==Semantic evolution==

+ The science of the production and distribution of wealth is from 1764 in the HTOED and 1792 in Etymonline, when it replaced the earlier ''political economy''.^(HTOED)^(Etymonline) The management of private finances, and a person's financial position, is from 1851.^(HTOED)^(SOED 2002) The financial side of a particular activity or project, with a plural verb, is from 1879.^(HTOED)

+

+ ==Timeline==

+ * 1580s – household management.^(Etymonline)

+ * 1764 – the science of wealth.^(HTOED)

+ * 1851 – private finances.^(HTOED)

+ * 1879 – financial aspects of something.^(HTOED)

+

+ ==Modern meaning==

+ ===Noun===

+ # The [[social science]] that studies the production, distribution and use of goods and services.^(AHD)^(Collins 2023)

+ # The financial side of something: ''the economics of the project''.^(AHD)^(Collins 2023)

+

+ ==Word family==

+ * [[Clintonomics]]

+ * [[geoeconomics]]

+ * [[macroeconomics]]

+ * [[microeconomics]]

+ * [[Reaganomics]]

+ * [[socioeconomics]]

+ * [[home economics]]

+ * [[welfare economics]]

+

+ ==Related words==

+ * [[economy]]

+ * [[economic]]

+ * [[economist]]

+ * [[economical]]

+

+ ==References==

+ {{reflist}}