MIT Dictionary of Modern Economics

Overview

The MIT Dictionary of Modern Economics is an up-to-date, authoritative reference designed primarily for students of business and other social sciences and ideal for anyone who wants a brief explanation of an economic concept or institution.

In this fourth edition one entry in ten has been revised and one entry in twenty is new. Whereas the third edition increased the coverage of American institutions, this edition breaks new ground by including entries considered important from ...

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Overview

The MIT Dictionary of Modern Economics is an up-to-date, authoritative reference designed primarily for students of business and other social sciences and ideal for anyone who wants a brief explanation of an economic concept or institution.

In this fourth edition one entry in ten has been revised and one entry in twenty is new. Whereas the third edition increased the coverage of American institutions, this edition breaks new ground by including entries considered important from an Eastern European perspective. It also supplies comparative statistics on major economic variables for selected countries, describes the origins of widely used acronyms, and includes bibliographic references at the end of featured entries.

The dictionary answers in a clear and concise way the enduring questions, which economists have considered for two centuries or more, as well as the issues of the moment, such as economic change in Europe, the problems of pollution, or the prospects for greater freedom of trade. With close to 2,800 entries it is comprehensive in its coverage of theory, national and international institutions, schools of thought, and important economists, including recent Nobel Prize winners.

The dictionary was compiled initially by an experienced team of economists at Aberdeen University in the United Kingdom, and new authors have been recruited to provide international expertise, reflecting changes in the structure of the international economy. David W. Pearce, general editor, is Professor of Political Economy at University College, London.

This fourth edition was prepared by John Cairns, Robert Elliott, Ian McAvinchey, and Robert Shaw, all of the Economics Department, University of Aberdeen.

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Editorial Reviews

Booknews
An authoritative, comprehensive reference, primarily for students of economics but also of value to students of business and other social sciences, with some 2,800 entries covering theory, national and international institutions, schools of thought, and important economists. The present edition (3rd was in 1986) includes entries on changes in Eastern European economies, a list of acronyms, bibliographic references, and data about the economic performance of selected major countries. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9780262660594
  • Publisher: MIT Press
  • Publication date: 2/29/2000
  • Edition description: 3rd ed
  • Edition number: 3
  • Pages: 510

Meet the Author

David W. Pearce is Professor of Economics at University College London and Director of the
Centre for Social and Economic Research on the Global Environment. He is editor of The MIT
Dictionary of Modern Economics,
coauthor of Blueprint for a Green Economy,
and editor of Blueprint 2: Greening the World Economy.
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