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Main page » Dictionaries and Encyclopedias » Dictionary of Economics - Routledge

Dictionary of Economics - Routledge


Ten years have elapsed since the first edition of this Dictionary. The vocabulary of economics in the broadest sense has considerably grown. Many neologisms have sprung from continued changes in national economies, not least the innovations in financial markets and growing concerns about the environment. Institutional
changes, for example, the coming of the World Trade Organisation, and new interests in economic thought, not least through the further awards of Nobel Prizes for Economics, have inspired new entries. Inevitably some terms in the first edition have not been as durable as others and recommended reading needed revision.
Extensive reading of economics journals and monographs, as well as newspapers, has produced over a thousand new entries. The organisation of the Dictionary has also been changed. The newer version of the subject classification employed by the Journal of Economic Literature and The Economic Journal has been applied to previous and new entries.

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