Definition

Relating to the study of human action and conduct, especially in economics and social sciences.

Example

The praxeological approach helps us understand the motivations behind economic decisions.

Conversation

Have you ever heard of praxeological theories?

Yeah, I think they deal with human action and decision-making, right?

Exactly! It's interesting how they explain our choices.

For sure, understanding those concepts can really change our perspective.

Synonyms & Antonyms

Root Explanation

Praxeological → It is formed from "praxis" (from Greek "πράξις", meaning action or practice) and "-logical" (from Greek "λογικός", meaning pertaining to reason or logic). The word "praxeological" refers to the study of human action and conduct, emphasizing the logical analysis of actions.

Memory Tip

Think of 'praxis' meaning action and 'logical' relating to reasoning — this helps you remember that 'praxeological' is about the logical study of actions.

Visually Confused Words