An authoritative and comprehensive dictionary containing 2,500 key economic terms with clear, concise definitions. It covers all aspects of economics including economic theory, applied microeconomics and macroeconomics, labour economics, public economics and public finance, monetary economics, environmental economics, and many others. There is strong coverage of international trade and many entries on economic organizations and institutions from around the world. This edition contains expanded coverage of common econometric concepts and highlights major theoretical concepts including agency, competition, equilibrium.
Fully revised and updated, this edition now features recommended web links at entry level. These links are a valuable source of extra information and they are conveniently accessed and kept up to date via the Dictionary of Economics companion web page. The new appendix of institutional acronyms provides details for each organization, including the website of each to aid further research. With an A-Z format, this book is as ideal for browsing as it is useful for quick reference, and it remains an essential guide for students and teachers of economics, business, and finance, as well as professional economists and anyone who has to deal with economic data.