No authority can distill the world of economics better than The Economist. This new edition of Dictionary of Economics has been extensively revised to include the latest trends and thinking in a field that has grown geometrically in importance since the previous edition was published in 1998. This acclaimed resource now contains more than 1,500 entries covering common and less usual economic terms; the contributions made by noted economists such as Marx, Keynes, and Galbraith; the historical development of the science of economics; and the latest theories, illuminated with examples from international affairs. With its comprehensive cross-referencing, this is an ideal resource for the growing number of people who need some knowledge of economics in their daily work--in teaching, business, finance, or government. Whether one's aim is to follow economic discussion in the press or to make an important business or policy decision, there is no better tool.

About the Author

Graham Bannock was managing director of the Economist Intelligence Unit before he set up his own economic research and computer software company.

Ron Baxter is a director of the firm of economic consultants Baxter Eadie Ltd.

Evan Davis worked with the Institute of Fiscal Studies after graduating from Oxford. He is now the BBC's economics editor.

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