Authors: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Definition of Economics

Economics

  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.

Economics Quotations

Geography has made us neighbors. History has made us friends. Economics has made us partners, and necessity has made us allies. Those whom God has so joined together, let no man put asunder.
John F. Kennedy

It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics, because discrimination, poverty and ignorance restrict growth, while investments in education, infrastructure and scientific and technological research increase it, creating more good jobs and new wealth for all of us.
William J. Clinton

The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.
Thomas Sowell

Design is a way of life, a point of view. It involves the whole complex of visual communications: talent, creative ability, manual skill, and technical knowledge. Aesthetics and economics, technology and psychology are intrinsically related to the process.
Paul Rand

As a multisport athlete, I was always fascinated with competition and how to win. At HBS and later at the Harvard Department of Economics, I was drawn to the field of competition and strategy because it tackles perhaps the most basic question in both business management and industrial economics: What determines corporate performance?
Michael Porter
More "Economics" Quotations

Economics Translations

economics in Dutch is economie
economics in German is Wirtschaftlichkeiten, Volkswirtschaftslehre
economics in Portuguese is economia
economics in Swedish is nationalekonomi
Copyright © 2001 - 2015 BrainyQuote