• Contains approximately 3,500 entries on all aspects of economics from core concepts in macroeconomics, microeconomics, and econometrics to specialised terms in fields including development, finance, game theory, and taxation
• Revised and updated to feature over 90 completely new terms such as austerity measures, General Anti Abuse Rule, propensity score matching, and shadow bank
• Features global coverage including on emerging economies such as China, India, and South America
• Appendices include Nobel Prize winners, the Greek alphabet, and institutional acronyms with the official website listed for each organization
• Recommended web links for many entries, listed and regularly updated on the Dictionary of Economics companion website

New to this Edition:

• More than 90 new terms, including austerity measures, General Anti Abuse Rule, propensity score matching, and shadow bank
• Features increased coverage of emerging economies such as China, India, and South America

  
This authoritative and comprehensive dictionary contains clear, concise definitions of approximately 3,500 key economic terms. Covering all aspects of economics including economic theory and policy, applied microeconomics and macroeconomics, labour economics, public economics and public finance, monetary economics, and environmental economics, this is the essential reference work in this area. 

The new edition of this dictionary has been updated to include entries on China, India, and South America, to reflect the increase in prominence of these regions in the global economy. There is strong coverage of international trade and many entries on economic organizations and institutions from around the world. Fully revised to keep up to date with this fast-moving field, this new edition expands the coverage to include entries such as austerity measures, General Anti Abuse Rule, propensity score matching, and shadow bank.

Entries are supplemented by entry-level web links, which are listed and regularly updated on a companion website, giving the reader the opportunity to explore further the areas covered in the dictionary. Useful appendices include a list of institutional acronyms and their affiliated websites, a list of Nobel prize-winners in economics, the Greek alphabet, and a list of relevant websites.

As ideal for browsing as it is useful for quick reference, this dictionary remains an essential guide for students and teachers of economics, business, and finance, as well as for professional economists and anyone who has to deal with economic data.