Political economy was the original term used for studying production and trade, and their relations with law, custom, and government, as well as with the distribution of national income and wealth. Political economy originated in moral philosophy. It was developed in the 18th century as the study of the economies of states, or polities, hence the ...
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http://en.wikipedia.org/wiki/Political_economy
1. Early name for the discipline of economics. 2. A field within economics encompassing several alternatives to neoclassical economics, including Marxist economics. Also called radical political economy. 3. A field within economics that concerns the interactions between political processes and economic variables, especially economic policies.
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http://www-personal.umich.edu/~alandear/glossary/
branch of social science that studies the relationships between individuals and society and between markets and the state, using a diverse set of ... [3 related articles]
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http://www.britannica.com/eb/a-z/p/87
The study of the involvement by the state in the economy of the nation-state.
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http://www.encyclo.co.uk/local/21177
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