A Dictionary of Economics

This authoritative and comprehensive dictionary contains clear, concise definitions of over 3,400 key economic terms, covering all aspects of the field, including economic theory, applied microeconomics and macroeconomics, labor economics, public economics and public finance, monetary economics, and environmental economics. There is strong coverage of international trade and many entries on economic organizations and institutions from around the world. Fully revised to keep up with this fast-moving field, this new edition expands the coverage to include terms relevant to the financial crisis, such as black swan, credit crunch, Northern Rock, and Iceland, making this dictionary the most up-to-date available. Entries are supplemented by web links which are regularly updated on a companion website.

John Black was a Fellow and Tutor in Economics at Merton College, Oxford and is now an Emeritus Professor of the University of Exeter. Nigar Hashimzade is Professor of Economics at the University of Reading. Gareth Myles is Professor of Economics at the University of Exeter and a Research Fellow of the Institute for Fiscal Studies.