eBook The Economist: Economics: An A-Z Guide, 1st Edition

  • Matthew Bishop
  • Published By: Economist
  • ISBN-10: 1847651186
  • ISBN-13: 9781847651181
  • DDC: 330
  • Grade Level Range: College Freshman - College Senior
  • 352 Pages | eBook
  • Original Copyright 2009 | Published/Released June 2014
  • This publication's content originally published in print form: 2009
  • Price:  Sign in for price

About

Overview

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.

Table of Contents

Front Cover.
Half Title Page.
Other Economist Books.
Title Page.
Copyright Page.
Contents.
Introduction.
Economics at the Crossroads.
A-Z.
1: A.
2: Absolute Advantage.
3: Adaptive Expectations.
4: Advance Market Commitment.
5: Adverse Selection.
6: Advertising.
7: Agency Costs.
8: Agflation.
9: Agriculture.
10: Agricultural Policy.
11: Altruism.
12: Amortisation.
13: Animal Spirits.
14: Antitrust.
15: Appreciation.
16: Arbitrage.
17: Arbitrage Pricing Theory.
18: Asian Crisis.
19: Assets.
20: Asymmetric Information.
21: Asymmetric Shock.
22: Auctions.
23: Austrian Economics.
24: Autarky.
25: Average.
26: B.
27: Backwardation.
28: Balance of Payments.
29: Balanced Budget.
30: Bank.
31: Bankruptcy.
32: Barriers to Entry (or Exit).
33: Barter.
34: Basel 1 and 2.
35: Basis Point.
36: Behavioural Economics.
37: Bear.
38: Beta.
39: Big Mac Index.
40: Black Economy.
41: Black-Scholes.
42: Black Swan.
43: Bonds.
44: Bottom of the Pyramid.
45: Bounded Rationality.
46: Brand.
47: Bretton Woods.
48: BRIC.
49: Bubble.
50: Budget.
51: Bull.
52: Business Confidence.
53: Business Cycle.
54: Buyer's Market.
55: C.
56: Cannibalise.
57: Capacity.
58: Capital.
59: Capital Adequacy Ratio.
60: Capital Asset Pricing Model.
61: Capital Controls.
62: Capital Flight.
63: Capital Gains.
64: Capital Intensive.
65: Capital Markets.
66: Capitalism.
67: Capital Structure.
68: Cartel.
69: Catch-Up Effect.
70: CDO.
71: CDS.
72: Central Bank.
73: Ceteris Paribus.
74: Charity.
75: Chicago School.
76: Classical Economics.
77: Closed Economy.
78: Collateral.
79: Command Economy.
80: Commodity.
81: Commoditisation.
82: Communism.
83: Comparative Advantage.
84: Competition.
85: Competitive Advantage.
86: Competitiveness.
87: Complementary Goods.
88: Compound Interest.
89: Concentration.
90: Conditionality.
91: Consumer Confidence.
92: Consumer Prices.
93: Consumer Surplus.
94: Consumption.
95: Contagion.
96: Contestable Market.
97: Corruption.
98: Cost-Benefit Analysis.
99: Cost of Capital.
100: Credit.
101: Credit Creation.
102: Credit Crunch.
103: Credit Default Swap.
104: Creditor.
105: Crony Capitalism.
106: Crowding Out.
107: Crowds.
108: Currency Board.
109: Currency Peg.
110: D.
111: Deadweight Cost/Loss.
112: Debt.
113: Debt Forgiveness.
114: Decoupling.
115: Default.
116: Deficit.
117: Deflation.
118: Demand.
119: Demand Curve.
120: Demographics.
121: Deposit Insurance.
122: Depreciation.
123: Depression.
124: Deregulation.
125: Derivatives.
126: De Soto, Hernando.
127: Devaluation.
128: Developing Countries.
129: Development Economics.
130: Diminishing Returns.
131: Direct Taxation.
132: Discounted Cash Flow.
133: Discount Rate.
134: Disequilibrium.
135: Disinflation.
136: Disintermediation.
137: Diversification.
138: Dividend.
139: Division of Labour.
140: Dollarisation.
141: Dominant Firm.
142: Dumping.
143: E.
144: Econometrics.
145: Economic and Monetary Union.
146: Economic Indicator.
147: Economic Man.
148: Economics.
149: Economic Sanctions.
150: Economies of Scale.
151: Efficiency.
152: Efficiency Wages.
153: Efficient Market Hypothesis.
154: Elasticity.
155: Endogenous.
156: Engel's Law.
157: Enron.
158: Enterprise.
159: Entrepreneur.
160: Environmental Economics.
161: Equilibrium.
162: Equity.
163: Equity Risk Premium.
164: Ethical Consumerism.
165: Euro.
166: Eurodollar.
167: European Central Bank.
168: European Union.
169: Euro Zone.
170: Excess Returns.
171: Exchange Controls.
172: Exchange Rate.
173: Exogenous.
174: Expectations.
175: Expected Returns.
176: Expenditure Tax.
177: Export Credit.
178: Exports.
179: Externality.
180: F.
181: Factor Cost.
182: Factors of Production.
183: Factory Prices.
184: Fair Trade.
185: Federal Reserve System.
186: Financial Centre.
187: Financial Instrument.
188: Financial Intermediary.
189: Financial Literacy.
190: Financial System.
191: Fine Tuning.