Everything you need to know about economics in a strikingly attractive paperback format with flaps. Following an introduction entitled the "Joy of Economics", which explains what economics is about, its strengths and shortcomings and the challenges facing economists today, the bulk of the book is an expansive A-Z with several hundred entries that explain with the essentials of economics - as well as some of its more arcane aspects. Entries include: Absolute advantage, Adverse selection, Animal spirits, Asymmetric shock, Backwardation, Bounded rationality, Capital flight, Deflation, Development economics, Diminishing returns, Elasticity, Endogenous, Exogenous, Free rising, Giffen goods, Gini coefficient, Hysteresis, Invisible hand, Liquidity trap, Macroeconomics, Microeconomics, Opportunity cost, Pareto efficiency, Queuing, Random walk, Say's law, Transaction costs, Utility, Velocity of circulation, Weightless economy, Yield Gap and Zero sum game.
- ISBN10 1861975805
- ISBN13 9781861975805
- Publish Date 19 February 2004 (first published 11 September 2000)
- Publish Status Out of Print
- Out of Print 24 July 2009
- Publish Country GB
- Publisher Profile Books Ltd
- Imprint Economist Books
- Edition Main
- Format Paperback
- Pages 288
- Language English