E`co*nom"ics (ē`k&ocr*;n&obreve;m"&ibreve;ks), n. [Gr. ta` o'ikonomika`, equiv. to "h o'ikonomi`a.
See Economic.]
1. The science of household affairs, or of domestic management.
2.
Political economy;
the science of the utilities or the useful
application of wealth or material resources. See Political economy, under Political. "In politics and economics." V.
Knox.