By: Matthew Bishop
Genre: Finance - Business - Economics, Guide
Description: The essentials of economics from A to Z. The Economist is world famous for the quality of its analysis and the quality of its writing. Nowhere is this truer than in its coverage of economics. In Pocket Economist, Matthew Bishop updates, develops and expands an earlier bestseller by Bill Emmott, current editor of The Economist, and Rupert Pennant-Rea, his predecessor as editor, to explain the nuts and bolts of how what has been called the "dismal science" works in theory and, more importantly, how it works in practice. Following an introductory essay, which explores what economics is, its usefulness and its shortcomings, is an extensive A-Z of economic terms and jargon from Absolute advantage and Animal spirits, through Hypothecation and Hysteresis, all the way to Velocity of circulation and Yield gap.