Source: David Klein, New York Times

Peter M. Shaw, MBA
Professor of Business & Economics
Office #1409, 4th Floor, Andrews Building
Thomas W. Moss, Jr. Campus
Tidewater Community College
315 Granby Street, Norfolk, Virginia 23510

(o)  757.822.1151  (e)pshaw@tcc.edu

HOMEPAGE FOR ECONOMICS (201) STUDENTS

Origin of the term "Economics"

The term "economy," from which we get "economics," comes most directly from the Old French word "economie," meaning "management of a household." The French adopted the term from the Latin word "oeconomia," which was in turn derived from the Greek word "oikonomia." Oikonomia came from the word "oikonomos," which separates into "oikos," meaning house, and "-nomos" meaning managing.

The oldest recognized written work in the field of economics is Oeconomicus, a book on farming and household management, written by the Greek philosopher Xenophon (430?-355? B.C.).

Despite the Greek origins of the term, economics was not an important field of study for the ancient Greeks, who, despite occasional references to economic matters, were more interested in philosophy and ethics.  

ECO 201 Course Outline  

U.S. GDP Data

Economics 201 PowerPoint Slides

 

Economics U$A Online Video (Free log in to watch online videos)

Economics 201 EXTRA CREDIT PROJECT

TEST REVIEW:

Test #1 - #5 use the Chapter FAQs located in the Discussions section of the course Canvas website!

PETER SHAW'S HOMEPAGE