The MIT Dictionary of Modern Economics: 4th Edition

By David W. Pearce

Book Overview

The MIT Dictionary of Modern Economicsis an up-to-date authoritative reference designed primarily for students of economics but invaluable also to 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, adds an index, and includes bibliographic references at the end of featured entries. The dictionary addresses in a clear and concise way both the enduring questions of the field and 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. Compiled initially by an experienced team of economists at Aberdeen University in the United Kingdom, new authors have been recruited to provide international expertise, reflecting changes in the structure of the international economy. David W. Pearce is Professor of Political Economy at University College, London.

• Format: Hardcover
• Language: English
• ISBN: 026216132X
• ISBN13: 9780262161329
• Release Date: August 1992
• Publisher: MIT Press (MA)
• Length: 474 Pages
• Weight: 1.75 lbs.
• Dimensions: 1.3" x 6.5" x 9.5"

Customer Reviews

Neoclassical economics pure

A really, really useful reference for neoclassical economic terms and concepts. Just like the economic mainstream itself, is not very aware that there are other approaches out there - there is no entry for "structuralist macroeconomics" for example;)

Essential Volume for Every Economics Library

I have owned the third edition published in 1989 since 1991. This book will serve as an invaluable reference book for an undergraduate or graduate economics student. The definitions are lucid, succinct and precise. The cross references are excellent and the format is highly readable. I would love to see a newer edition, but even this 1992 published edition will serve you very well.