Essential Economics (Economist Essentials). This item is unavailable.Essential Economics (Economist Essentials)

Everything you need to know about economics in a strikingly attractive paperback format with flaps. Following an introduction entitled the "Joy of Economics", which explains what economics is about, its strengths and shortcomings and the challenges facing economists today, the bulk of the book is an expansive A-Z with several hundred entries that explain with the essentials of economics - as well as some of its more arcane aspects. Entries include: Absolute advantage, Adverse selection, Animal spirits, Asymmetric shock, Backwardation, Bounded rationality, Capital flight, Deflation, Development economics, Diminishing returns, Elasticity, Endogenous, Exogenous, Free rising, Giffen goods, Gini coefficient, Hysteresis, Invisible hand, Liquidity trap, Macroeconomics, Microeconomics, Opportunity cost, Pareto efficiency, Queuing, Random walk, Say's law, Transaction costs, Utility, Velocity of circulation, Weightless economy, Yield Gap and Zero sum game.

Matthew Bishop, senior editor, The Economist Group, is an award-winning journalist and longtime writer. His roles at The Economist, which he joined as Economics Correspondent, have included Business Editor, Wall Street Editor, Globalisation Editor and New York Bureau Chief. He is the author of several books, including Philanthrocapitalism: How Giving Can Save the World (described as 'important' by President Bill Clinton) and The Road from Ruin, which set out an agenda for the reform of capitalism after the 2008 crash. He is a member of the World Economic Forum's Global Agenda Council on Global Governance. He was the Official Report author of the Taskforce on Social Impact Investment established by the governments of the G8, and a member of the Advisors Group of the UN International Year of Microcredit. He co-founded and advises the #givingtuesday campaign and the Social Progress Index. He is on Twitter as @mattbish