What is another word for constitutional economics?

Pronunciation: [kˌɒnstɪtjˈuːʃənə͡l ˌiːkənˈɒmɪks] (IPA)

Constitutional economics is a field of economic theory that emphasizes the importance of legal and political institutions in shaping economic outcomes. Other terms that are often used to describe this perspective include political economy, institutional economics, and law and economics. While there is some overlap between these different approaches, each focuses on different aspects of the relationship between institutions and economic behavior. Political economy emphasizes the role of power and distributional conflict; institutional economics emphasizes the importance of social norms and informal rules; and law and economics analyzes the effects of legal rules and institutions on economic behavior. Overall, these different approaches provide a rich and multifaceted understanding of the complex interactions between institutions and economic systems.

Synonyms for Constitutional economics:

What are the hypernyms for Constitutional economics?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Word of the Day

Chases sign
The term "Chases sign" refers to a linguistic phenomenon known as synonymy, wherein multiple words or phrases are used interchangeably to convey a similar meaning. Synonyms for "Ch...