The Economist: Economics: An A-Z Guide

Imprint: Economist Books
Subject: Economics & Finance, Current Affairs, Politics & Economics

The Economist: Economics: An A-Z Guide

Matthew Bishop

The new essential guide from The Economist.

eBook (ePUB)?
9781847651181 (30 Jun 2011)
£9.99

About the book

Economics is the 'study of how society uses its scarce resources' or, more snappily, 'the science of choices' that helps people make decisions about how to use such scarce things as land, labour, raw materials, capital, entrepreneurial spirit and time. An understanding of economics can therefore help people in politics and public service, in business and the professions, and even in their private life make decisions that will produce the results they are seeking to achieve. This book is a clear and lively guide to the essentials of economics, with entries that stretch from A to Z and cover such topics, terms and jargon as: Animal spirits, Barter, Cannibalise, Dumping, Economic man, First-mover advantage, Gresham's Law, Hypothecation, Inequality, J-curve, Kleptocracy, Lump of labour fallacy, Money illusion, New economy, Opportunity cost, Positional goods, Queueing, Random walk, Satisficing, Tragedy of the commons, Utility, Value at risk, Winner-takes-all markets, X-efficiency, Yield gap and Zero-sum game.

About the author

Matthew Bishop is The Economist's New York Bureau Chief and is co-author of Philanthrocapiltalism: How the Rich Can Save the World, a hugely successful book on business philanthropy.

Additional Information

Imprint: Economist Books
Subject: Economics & Finance, Current Affairs, Politics & Economics

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