Whether you want to follow the economic discussions in the media today, or study economics or need some knowledge of it at work (in business, finance or the public sector), this wide-ranging and accessible dictionary will prove invaluable. It explains a host of economic terms, from acceleration principle to X-efficienty, globalization to venture captiral, and from Euro to Zero-sum game. Reviased and updated for its 7th edition. This book is detailed, practical and international in scope. Its entries include: General economic terms. Economic theory, including coverage of development economics, industrial organizations, finance and game theory, as well as international monetary and welfare economics. Coverage of applied economics and major financial institutions. History of economics. Entries on individual economists who have made a definable contribution to contemporary economic thought.
Graham Bannock runs his own economic research and consulting company in London.
R.E. Baxter is a director of economic consultants Baxter Eadier Ltd. Evan Davis is economics editor for the BBC.
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