Definition of economic theory Economic theory

We found 2 definitions of economic theory from 2 different sources.

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What does economic theory mean?

WordNet

WordNet by Princeton University

Noun

economic theory - (economics) a theory of commercial activities (such as the production and consumption of goods)
  theory a belief that can guide behavior; "the architect has a theory that more is less"; "they killed him on the theory that dead men tell no tales"
  economic science, economics, political economy the branch of social science that deals with the production and distribution and consumption of goods and services and their management
  economic science, economics, political economy the branch of social science that deals with the production and distribution and consumption of goods and services and their management
  consumerism a movement advocating greater protection of the interests of consumers
  keynesianism the economic theories of John Maynard Keynes who advocated government monetary and fiscal programs intended to stimulate business activity and increase employment
  liberalism an economic theory advocating free competition and a self-regulating market
  malthusian theory, malthusianism Malthus' theory that population increase would outpace increases in the means of subsistence
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OmegaWiki DictionaryOmegaWiki Dictionary Ω

  • economic theory
    The study of relationships in the economy.

Pronunciation

Sign Language

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