Dismal Science

Business, Legal & Accounting Glossary

Definition: Dismal Science


Dismal Science

Quick Summary of Dismal Science


A slang name for the field of economics. The name is based on the sometimes unpleasant conclusions of economic theories, such as diminishing marginal returns. This phrase was popularized by Thomas Carlyle in the 1800s.




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Dismal Science. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/dismal-science/.
Chicago Manual of Style (CMS):
Dismal Science. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/dismal-science/ (accessed: April 20, 2024).
American Psychological Association (APA):
Dismal Science. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/dismal-science/

Definition Sources


Definitions for Dismal Science are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 29th October, 2021 | 0 Views.