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Meaning of "homo economicus" in the English dictionary

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DICTIONARY
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ETYMOLOGY OF THE WORD HOMO ECONOMICUS

Modelled on homo sapiens, etc.
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Etymology is the study of the origin of words and their changes in structure and significance.
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PRONUNCIATION OF HOMO ECONOMICUS

homo economicus  [ˌɛkəˈnɒmɪkəs] play
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GRAMMATICAL CATEGORY OF HOMO ECONOMICUS

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Homo economicus is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES HOMO ECONOMICUS MEAN IN ENGLISH?

Homo economicus

In economics, homo economicus, or economic human, is the concept in many economic theories of humans as rational and narrowly self-interested actors who have the ability to make judgments toward their subjectively defined ends. Using these rational assessments, homo economicus attempts to maximize utility as a consumer and economic profit as a producer. This theory stands in contrast to the concept of homo reciprocans, which states that human beings are primarily motivated by the desire to be cooperative and to improve their environment.

Definition of homo economicus in the English dictionary

The definition of homo economicus in the dictionary is a theoretical human being who rationally calculates the costs and benefits of every action before making a decision, used as the basis for a number of economic theories and models.

WORDS THAT RHYME WITH HOMO ECONOMICUS


amicus
ˈæmɪkəs
autoicous
ɔːˈtɔɪkəs
Autolycus
ɔːˈtɒlɪkəs
Copernicus
kəˈpɜːnɪkəs
Cyzicus
ˈsɪzɪkəs
deinonychus
daɪˈnɒnɪkəs
dioecious
daɪˈɔɪkəs
dioicous
daɪˈɔɪkəs
Ecclesiasticus
ɪˌkliːzɪˈæstɪkəs
Granicus
ɡrəˈnaɪkəs
leiotrichous
laɪˈɒtrɪkəs
Leviticus
lɪˈvɪtɪkəs
lubricous
ˈluːbrɪkəs
lumbricus
ˈlʌmbrɪkəs
monoecious
mɒˈnɔɪkəs
monostichous
ˌmɒnəʊˈstaɪkəs
octostichous
ɒkˈtɒstɪkəs
Pecos
ˈpeɪkəs
tristichous
ˈtrɪstɪkəs
umbilicus
ʌmˈbɪlɪkəs

WORDS THAT BEGIN LIKE HOMO ECONOMICUS

homo
Homo erectus
Homo habilis
Homo sapiens
homoblastic
homocentric
homocentrically
homocercal
homocercy
homochlamydeous
homochromatic
homochromatism
homochromous
homochromy
homocyclic
homocysteine
homodont
homodyne
homoeomeric
homoeomerous

WORDS THAT END LIKE HOMO ECONOMICUS

apparatus criticus
dies non juridicus
ficus
globus hystericus
locus classicus
opinicus
Pentelicus
risus sardonicus
Saxo Grammaticus
status asthmaticus
status epilepticus
trismus cynicus
varix lymphaticus

Synonyms and antonyms of homo economicus in the English dictionary of synonyms

SYNONYMS

Translation of «homo economicus» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF HOMO ECONOMICUS

Find out the translation of homo economicus to 25 languages with our English multilingual translator.
The translations of homo economicus from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «homo economicus» in English.

Translator English - Chinese

经济人
1,325 millions of speakers

Translator English - Spanish

homo economicus
570 millions of speakers

English

homo economicus
510 millions of speakers

Translator English - Hindi

होमो economicus
380 millions of speakers
ar

Translator English - Arabic

وطي economicus
280 millions of speakers

Translator English - Russian

гомо экономикус
278 millions of speakers

Translator English - Portuguese

homo economicus
270 millions of speakers

Translator English - Bengali

হোমো অর্থনৈতিক
260 millions of speakers

Translator English - French

homo economicus
220 millions of speakers

Translator English - Malay

Homo economicus
190 millions of speakers

Translator English - German

Homo oeconomicus
180 millions of speakers

Translator English - Japanese

ホモeconomicus
130 millions of speakers

Translator English - Korean

호모 economicus
85 millions of speakers

Translator English - Javanese

Homo economicus
85 millions of speakers
vi

Translator English - Vietnamese

homo economicus
80 millions of speakers

Translator English - Tamil

ஹோமோ பொருளாதாரம்
75 millions of speakers

Translator English - Marathi

होमो इकॉनॉमिकस
75 millions of speakers

Translator English - Turkish

Homo ekonomik
70 millions of speakers

Translator English - Italian

homo economicus
65 millions of speakers

Translator English - Polish

homo economicus
50 millions of speakers

Translator English - Ukrainian

гомоекономікус
40 millions of speakers

Translator English - Romanian

homo economicus
30 millions of speakers
el

Translator English - Greek

homo economicus
15 millions of speakers
af

Translator English - Afrikaans

homo economicus
14 millions of speakers
sv

Translator English - Swedish

homo economicus
10 millions of speakers
no

Translator English - Norwegian

homo economicus
5 millions of speakers

Trends of use of homo economicus

TRENDS

TENDENCIES OF USE OF THE TERM «HOMO ECONOMICUS»

The term «homo economicus» is regularly used and occupies the 99.326 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
54
/100
The map shown above gives the frequency of use of the term «homo economicus» in the different countries.
Principal search tendencies and common uses of homo economicus
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «homo economicus».

FREQUENCY OF USE OF THE TERM «HOMO ECONOMICUS» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «homo economicus» during the past 500 years. Its implementation is based on analysing how often the term «homo economicus» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about homo economicus

EXAMPLES

10 ENGLISH BOOKS RELATING TO «HOMO ECONOMICUS»

Discover the use of homo economicus in the following bibliographical selection. Books relating to homo economicus and brief extracts from same to provide context of its use in English literature.
1
Feminism Confronts Homo Economicus: Gender, Law, and Society
"The essays in this volume confront the inroads that economics has made into the legal academy.
Martha Fineman, Terence Dougherty, 2005
2
A History of Homo Economicus: The Nature of the Moral in ...
Offering a new insight on homo economicus, this book will be of great interest to all those interested in the history of economics and of economic thought.
William Dixon, David J. Wilson, 2012
3
From Pleasure Machines to Moral Communities: An Evolutionary ...
This book provides a valuable complement to Hodgson’s earlier work with Thorbjørn Knudsen on evolutionary economics in Darwin’s Conjecture, extending the evolutionary outlook to include moral and policy-related issues.
Geoffrey M. Hodgson, 2012
4
Did the 'Homo Economicus' Mutate to the Concept of ...
Therefore the essay elaborates on the concept of behavioural finance and econom-ics as well as it checks, whether the homo economicus has mutated to this.
Michael A. Braun, 2008
5
On the Trail of Homo Economicus: Essays by Gordon Tullock
This collection of previously unpublished expository writings by Gordon Tullock on themes ranging from game theory, externalities, public choice, rent-seeking, law and economics, and economic progress is representative of the breadth of ...
Gordon Tullock, Gordon L. Brady, Robert D. Tollison, 1994
6
Beyond Homo Economicus - The Influence of Social Norms and ...
Ever since philosophers set up their first models to predict human behaviour, it was apparent that their findings had to be handled with care and that experimental evidence was needed to corroborate their theories.
Anne-Kathrin Wippermann, 2006
7
The Politics of the Family: From Homo Sapien to Homo Economicus
This book sets out to explain and justify the importance of the family as the central basis of human identity and of social values.
C. L. Shannon, 1989
8
Law and Economics: Alternative Economic Approaches to Legal ...
Homo economicus is competitive, making use of his or her disposition to undertake certain tasks solely for the solitary reward. Though ever-changing, as accounted for conceptually by human capital, homo economicus nonetheless is ...
Margaret Oppenheimer, Nicholas Mercuro, 2005
9
Homo Economicus - died out in the process of human ...
Oleksandr Svyetlov. evolution of this concept. I will try to make a case that the concept of the Economic Man (hereafter the E.M) was only a side effect of a given period in the history of industrial relations, characterized by certain technological  ...
Oleksandr Svyetlov, 2002
10
Person, Polis, Planet : Essays in Applied Philosophy: Essays ...
The less obvious and more interesting difference is this: Homo economicus does not have maieutic ends. Homo economicus wants to maximize profit; the question of how Homo economicus developed or settled on such an end does not arise.
David Schmidtz Kendrick Professor of Philosophy and Joint Professor of Economics University of Arizona, 2008

10 NEWS ITEMS WHICH INCLUDE THE TERM «HOMO ECONOMICUS»

Find out what the national and international press are talking about and how the term homo economicus is used in the context of the following news items.
1
Illiberal Liberalism: An Existential Threat to Europe - EconoMonitor
... movement that seeks the limitless extension of the market model to all spheres of life; a kind of realisation of ourselves as homo economicus. «EconoMonitor, Jul 15»
2
The Poverty of Economics - Counterpunch
Building upon this selective interpretation of Smith and others, the discipline constructed the figure of homo economicus, or economic man. «CounterPunch, Jul 15»
3
“Yerevan in a Global and Neoliberal World”
Adam Smith's concept of homo economicus states that political and economic matters are not interrelated. Economics should, in fact, occupy a ... «Hetq Online, Jul 15»
4
Bravo Greece!
They simply accept uncritically the dictum that homo economicus is all we were ever cut out to be. In other words, one must relinquish all ... «Thought Leader, Jul 15»
5
Where Will They Strike Next? Improving Validity of Counterterrorism …
However, the study stated behavioral evidence suggests terrorists are neither fully rational (“homo economicus”) nor irrational, but rather they ... «HSToday, Jul 15»
6
The Supreme Court takes on unions: Why the fight over labor is …
... equal, homo economicus algorithms. So a lot of the discussion implicitly revolves around what that pristine, untouched "Time Zero" looked ... «The Week Magazine, Jul 15»
7
Democracy May Have Predated Ancient Greece
One of these is the theory of Homo economicus, which posits that humans are driven by self-interest and the urge to maximise the benefits they ... «New Historian, Jun 15»
8
Homer Goes to College
... is a craptacularly clever title, playing neatly on economists' concept of the perfectly rational and foresighted individual, Homo economicus. «Bloomberg Businessweek Middle East - Business news and analysis, Jun 15»
9
It is time Pope Francis caught up with the rest of us
Homo economicus must evolve to a condition where poverty is eliminated and prosperity can be enjoyed while maintaining the health of the ... «The Australian, Jun 15»
10
RCA Viktor: His master's voice in Canada (4)
... to remind listeners about the replacement of Homo Politicus' emotional strings with those of Homo Economicus. As we have shown earlier, ... «Hungarian Free Press, Jun 15»

REFERENCE
« EDUCALINGO. Homo economicus [online]. Available <https://educalingo.com/en/dic-en/homo-economicus>. May 2024 ».
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