Definition of political economy in English:

political economy

noun

dated
  • Economics as a branch of knowledge or academic discipline.

    • ‘Call it what you want, but in the history of political economy, this is usually called a tax increase.’
    • ‘The context consisted of economic history, political economy and the history of economic ideas.’
    • ‘Early American writers on political economy reacted negatively to Ricardo's theory of rent.’
    • ‘It is not economics that drives the analysis but politics, and the line between economics and political economy has now blurred.’
    • ‘This quote does not sound like psychology or sociology, but traditional political economy.’

Pronunciation

political economy

/pəˈlɪdəkəl iˈkɑnəmi/