Is economy the world

Answer 1

No, it is not the world itself, but more of the wealth and resources it contains...

But then again, I'm not an expert, so you can look at the dictionarydefinition(s)

e·con·o·my

adjective /iˈkänəmē/ 

(of a product) Offering the best value for the money

• • - an economy pack
• Designed to be economical to use
  • - an economy car

noun /iˈkänəmē/ 

economies, plural

• The wealth and resources of a country or region, esp. in terms of the production and consumption of goods and services
• A particular system or stage of an economy
  • - a free-market economy
  • - the less-developed economies
• Careful management of available resources
  • - even heat distribution and fuel economy
• Sparing or careful use of something
  • - economy of words
• A financial saving
  • - there were many economies to be made by giving up our offices in Manhattan
• The cheapest class of air or rail travel
  • - we flew economy

Web definitions

• the system of production and distribution and consumption
• the efficient use of resources; "economy of effort"
• frugality in the expenditure of money or resources; "the Scots are famous for their economy"
• an act of economizing; reduction in cost; "it was a small economy to walk to work every day"; "there was a saving of 50 cents"

wordnetweb.Princeton.edu/perl/webwn

• In the Eastern Orthodox and Greek-Catholic Churches and in the teaching of the Church Fathers which undergirds the theology of those Churches, economy or oeconomy (Greek: οικονόμια, economia ) has several meanings. ...

en.wikipedia.org/wiki/Economy_(Eastern_Christianity)

• Walden (first published as Walden; or, Life in the Woods) by Henry David Thoreau is an American classic. The work is part personal Declaration of Independence, social experiment, voyage of spiritual discovery, and manual for self reliance.

en.wikipedia.org/wiki/Economy_(Thoreau)

• economic - of or relating to an economy, the system of production and management of material wealth; "economic growth"; "aspects of social, political, and economical life"
• economic - concerned with worldly necessities of life (especially money); "he wrote the book primarily for economic reasons"; "gave up the large house for economic reasons"; "in economic terms they are very privileged"
• economic - financially rewarding; "it was no longer economic to keep the factory open"; "have to keep prices high enough to make it economic to continue the service"

wordnetweb.Princeton.edu/perl/webwn

• economical - avoiding waste; "an economical meal"; "an economical shopper"; "a frugal farmer"; "a frugal lunch"; "a sparing father and a spending son"; "sparing in their use of heat and light"; "stinting in bestowing gifts"; "thrifty because they remember the great Depression"; "`scotch' is used only informally"

wordnetweb.Princeton.edu/perl/webwn

• economically - with respect to economic science; "economically this proposal makes no sense"

wordnetweb.Princeton.edu/perl/webwn

• The Economic was a British three wheeled cyclecar made from 1919 to 1922 by Economic Motors of Wells Street, London, W1. It was, at £60, almost certainly the cheapest car on the British market at the time.

en.wikipedia.org/wiki/Economic_(Cyclecar)

• Economists - An economist is an expert in the social science of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. ...

en.wikipedia.org/wiki/Economists

• economic - pertaining to an economy; frugal; cheap (in the sense of representing good value); economical; pertaining to the study of money and its movement

en.wiktionary.org/wiki/economic

• economical - Careful with money so as not to spend too much; prudent; thrifty; Relating to economy in any other sense

en.wiktionary.org/wiki/economical