Question

[Q1] What is the Origin of
Economics?​

Answer 1

Answer:

The English term 'Economics' is derived from the Greek word 'Oikonomia'. Its meaning is 'household management'. Economics was first read in ancient Greece. Aristotle, the Greek Philosopher termed Economics as a science of 'household management'.

Answer 2

Answer:

To be "economical" is to manage frugally, ... Economy, a term of Greek origin: Oikos = house(hold) and nomos = law, order derived from nemein, to manage. Hence, th~erly, systematic control or conducting of a household, of domestic affairs, Housekeeping, husbanding resources