Dictionary of Economics / Edition 1

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Dictionary of Economics An unfamiliar term such as balanced budgetmultiplier, Keynesian economics, or bond ratings crops up in apolitical speech, news item, or business discussion. Being the sortof person who thinks it important to stay on top of the ideas andevents that shape your world, you:

  1. Look it up in one of the many "popular" economics referencesnow out on the market, where you quickly become lost in a maze ofobscure technical jargon, abstract formulations, and otherundefined terms. Some time later, you wearily close the book,knowing less than you did before you opened it.
  2. Look it up in the Dictionary of Economics by Jae K. Shim andJoel G. Siegel where you find detailed definitions, in plainEnglish, complete with practical examples and applications,diagrams, charts, graphs, and everything else you need to acquire aworking knowledge of more than 2,200 essential economics terms.Moments later, you close the book knowing for certain whether ornot to be insulted the next time somebody calls you a diehardKeynesian, or how concerned you should be about a recent slump inthe index of consumer confidence.
Accessible, easy to use, and practical, the Dictionary of Economicsis the first dictionary of its kind you don’t need a degree ineconomics to use. Accomplished lexicographers and financial expertsJae K. Shim and Joel G. Siegel define more than 2,200 essentialeconomics terms clearly, simply, and with a minimum of technicaljargon and economic theory. This dictionary is written especiallyfor businesspeople and general readers who want to keep abreast ofthe latest economic trends. It’s packed with practicalexamples and applications drawn from the worlds of business,finance, and politics, and it provides detailed definitions of allimportant new terms as well as traditional economics terminologyand everyone’s favorite, slang. Whether you’re a smallbusiness owner, a manager working in a for-profit or not-forprofitorganization, or simply someone who wants to know more about theeconomic trends that influence nearly every aspect of modern life,the Dictionary of Economics is a valuable resource you don’twant to be without.
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Editorial Reviews

Lexicographers and financial experts Shim and Siegel provide practical, modern definitions for some 2,500 economics terms--both traditional terms as well as more recent additions, such as Clintonomics and index of consumer confidence. The definitions are often quite detailed--some as long as a page--and written in language comprehensible to non-economists. Diagrams, charts, and tables enhance understanding. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9780471013174
  • Publisher: Wiley
  • Publication date: 6/28/1995
  • Series: Business Dictionary Series
  • Edition number: 1
  • Pages: 373
  • Product dimensions: 6.30 (w) x 9.33 (h) x 0.98 (d)

Meet the Author

JAE K. SHIM, PhD, is President of the National Business ReviewFoundation, an economic consultant, and Professor of Economics atCalifornia State University, Long Beach. A prolific author, Dr.Shim has forty books to his credit and has published nearly fiftyarticles in prestigious economic and financial journals. Dr. Shimhas received a Ford Foundation Award, a Mellon Research Fellowship,and an Arthur Andersen Research Grant.

JOEL G. SIEGEL, PhD, CPA, is Professor of Economics at QueensCollege. He is also Chairperson of the National Oversight Board.Dr. Siegel is the author or coauthor of forty-two books and nearlytwo hundred published articles on finance and economics topics.

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