The Economist: Economics: An A-Z Guide - Softcover

Bishop, Matthew

Softcover

ISBN 10: 1846681669 ISBN 13: 9781846681660

Publisher: Economist Books, 2009

Synopsis

Economics is the 'study of how society uses its scarce resources' or, more snappily, 'the science of choices' that helps people make decisions about how to use such scarce things as land, labour, raw materials, capital, entrepreneurial spirit and time. An understanding of economics can therefore help people in politics and public service, in business and the professions, and even in their private life make decisions that will produce the results they are seeking to achieve. This book is a clear and lively guide to the essentials of economics, with entries that stretch from A to Z and cover such topics, terms and jargon as:

Animal spirits, Barter, Cannibalise, Dumping, Economic man, First-mover advantage, Gresham's Law, Hypothecation, Inequality, J-curve, Kleptocracy, Lump of labour fallacy, Money illusion, New economy, Opportunity cost, Positional goods, Queueing, Random walk, Satisficing, Tragedy of the commons, Utility, Value at risk, Winner-takes-all markets, X-efficiency, Yield gap and Zero-sum game.

About this title

Review:

There couldn't be a better time for these business guides from The Economist - They're a handy guide, with some dry humour and stern disapproval thrown it to stop things getting too dull - These are interesting and excellent reference guides to those interested in the markets, or who own shares. Anybody who thinks they have nothing to learn from these is asking for trouble, or raised eyebrows at the very leastA" - Jeremy Hazlehurst, City AM.

Book Description:

The new essential guide from The Economist.

About this edition

• Publisher: Economist Books
• Publication date: 2009
• ISBN 10: 1846681669
• ISBN 13: 9781846681660
• Binding: Paperback
• Number of pages: 352