political economy - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “political economy”

political economy

noun [U]
 
 
ECONOMICS, POLITICS used, especially in the past, to refer to the study of the economy of a particular country or countries and how it is connected with the political system: Adam Smith is often regarded as the founder of political economy.
(Definition of political economy from the Cambridge Business English Dictionary © Cambridge University Press)
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