political economy definition

  • noun:
    • The personal technology that handles political research and business economics as a unified topic; the study for the interrelationships between political and financial processes.
    • early research of business economics through 19th century.
    • Interdisciplinary researches attracting upon business economics, legislation, and governmental research in outlining exactly how political institutions, the political environment, and financial system — capitalist, socialist, mixed — influence both.
    • See under Political.
    • the branch of personal science that handles manufacturing and circulation and consumption of products or services and their particular administration
  • adjective:
    • that branch of governmental research or philosophy which treats of this resources, and methods of manufacturing and conservation, regarding the material wealth and prosperity of nations.

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