A Dictionary of Economics (4th edition)

John Black; Nigar Hashimzade; Gareth D. Myles
Oxford Quick Reference

An authoritative and comprehensive dictionary containing clear, concise definitions of over 3,400 key economic terms, this A to Z covers all aspects of economics including economic theory, applied microeconomics and macroeconomics, labour 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-to-date 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 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.




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 Professor of Economics at the University of Reading. 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). He also is an Academic Adviser to HM Treasury and HM Revenue and Customs.