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Dictionary of Economics

Dictionary of Economics

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A dictionary of economics you don't have to be an economist to understand!

What do you do when unfamiliar terms such as balanced budget multiplier, Laffer curve, Keynesian economics, or bond ratings crop up in a political speech, news item, or business discussion? You could look them up in one of the many "popular" economics references now on the market and wander helplessly through a maze of obscure technical jargon, abstract formulations, and undefined terms. Or, you could turn to the Dictionary of Economics by Jae K. Shim and Joel G. Siegel, where you'll find everything you need to quickly acquire a solid working knowledge of over 2,200 economics-related terms, including:

  • Clear, detailed, jargon-free definitions, written in plain English
  • All important new terms and slang as well as traditional economics terminology
  • Loads of examples and applications drawn from the worlds of business, finance, and politics
  • Easy-to-read diagrams, charts, graphs, and illustrations that make it easy to understand even the most complex economics concepts
  • A practical real-world focus geared to the needs of businesspeople and concerned consumers—not economists

Whether you're a small business owner, a manager working in a for-profit or not-for-profit organization, or simply someone who wants to know more about the economic trends that influence nearly every aspect of modern life, the Dictionary of Economics is a powerful resource you don't want to be without.