Comprehensively revised and updated, this outstanding reference work defines more than 2,500 key economic terms with clear, concise entries that cover all aspects of the field from economic theory, applied microeconomics, and labor economics to public finance, monetary economics, and environmental economics. Readers will find particularly strong coverage of international trade and economic organizations and institutions as well as expanded coverage of common econometric concepts, highlighting major theoretical concepts such as agency, competition, and equilibrium. In addition, the authors provide appendices of Nobel Prize winners, the Greek alphabet, and institutional acronyms (providing details for each organization, including the website of each). In addition, the regularly updated Dictionary of Economics website provides readers with a wide range of up-to-the-moment information.
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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).
`Review from previous edition John Black's dictionary provides clear and concise explanations...An excellent system of cross-referencing the various entries is a valuable aspect... this book is strongly recommended as a handy work of reference for any non-economist who wants to have a better
idea about what is going on in economic debates...this book deserves to sell well to a wide audience...it illuminates in a concise and accessible way many of the words and ideas used both in economics itself and in practical political debates on the subject.'
Times Higher Education Supplement
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