The MIT Dictionary of Modern Economics: 4th Edition (Paperback)

~ David W. Pearce (Editor)

Editorial Reviews

Product Description

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.

About 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.

Product Details

• Paperback: 486 pages
• Publisher: The MIT Press; 4 edition (August 12, 1992)
• Language: English
• ISBN-10: 0262660784
• ISBN-13: 978-0262660785
• Product Dimensions: 8.9 x 5.9 x 1.1 inches
• Shipping Weight: 1.6 pounds (View shipping rates and policies)
• Average Customer Review: 4.5 out of 5 stars  See all reviews (2 customer reviews)
• Amazon.com Sales Rank: #841,648 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

9 of 10 people found the following review helpful:

5.0 out of 5 stars Essential Volume for Every Economics Library, June 5, 2000

By	Columbus "Columbus" (New York, NY USA) - See all my reviews

This review is from: The MIT Dictionary of Modern Economics: 4th Edition (Hardcover)

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.

10 of 13 people found the following review helpful:

4.0 out of 5 stars Neoclassical economics pure, May 29, 2001

By	Dr. Egor Kraev "grr271" (Stamford, CT) - See all my reviews (REAL NAME)

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;)