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Webster's Dictionary (1865)

E·co-nŏm'ics, n. sing.

nounsingular

n. sing. [Gr. τὰ οἰκονομικά, equivalent to ἡ οἰκονομία.] [See Note under MATHEMATICS.]

  1. The science of household affairs, or of domestic and internal management.
  2. Political economy; the science of the utilities or useful application of wealth or material resources. “In politics and economics.” Knox.