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Edited by Black (emeritus, Univ. of Exeter, UK) since the release of the first edition in 1997, this dictionary remains a reliable and straightforward resource on the topic of economics for students and lay persons. Boasting 2500 entries, it is comprehensive enough for advanced users, yet it uses simple language to keep concepts accessible to newcomers. The definitions themselves are concise; most run in the 60-word range and include an asterisk when terms are defined elsewhere in the volume. Readers will find that the concepts go beyond the scope of economics, including those of personal finance, investments, and financial markets. This new edition takes into account recent changes in the field, such as the advent of game-theory application. It is also "web linked," which means that Oxford hosts a free directory of the web sites cited in the appendix. Other appendixes include a guide to common acronyms, the Greek alphabet, and a list of Nobel Prize winners in economics. BOTTOM LINE This volume offers value and currency over Palgrave's new, expensive, eight-volume dictionary of the same name; Penguin's most recent equivalent is about the same age as Oxford's second edition of this dictionary; recommended for most libraries.—Katherine Mossman, Everett P.L., WA
—Katherine Mossman
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