The Penguin Dictionary of Economics explains a host of economic terms,
from acceleration principle to venture capital, Euro to X-efficiency,
globalization to zero-sum game. The eighth edition has been fully
revised and updated to include those terms that have become so familiar
since the global recession begun ("quantitative easing" and "sub-prime"
among them), but whose meanings escape most of us. Wide-ranging and
accessible, this detailed practical and international guide will be
indispensable for students of economics and professionals (in business,
finance, or the public sector), and for anyone wishing to follow
economic discussions in the media today.