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.
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John Black was a Fellow and Tutor in Economics at Merton College, Oxford and then Professor of Economic Theory at the University of Exeter. His many publications include The Economics of Modern Britain, Essential Mathematics for Economics (with J. F. Bradley), and Housing Policy and Finance (with D. C. Stafford). He is now an Emeritus Professor of the University of Exeter. Nigar Hashimzade is Associate Professor of Economics at the University of Exeter. She undertakes research in economics and econometrics. Her publications include papers in Economic Theory and Econometric Theory, and she has contributed to Essays in Dynamic General Equilibrium Theory (2005).
Gareth Myles is Professor of Economics at the University of Exeter and a Research Fellow of the Institute for Fiscal Studies. His main research areas are public economics, labour economics, and microeconomics. His publications in these areas include the textbooks Public Economics (1995) and Intermediate Public Economics (2006).
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