Now in its sixth edition, The Penguin Dictionary of Economics is directed at both the student and general reader who wants to be able to follow economic discussions in the press and elsewhere or whose daily work demands some familiarity with economic terms. It aims to provide a comprehensive companion to support other reading in a discipline that employs remarkably similar terminology in Britain and the United States. This revised and updated edition contains over 150 new entries taking account of the latest developments in economic theory and practical affairs. The economic theory includes coverage of industrial organisation, finance and game theory as well as sections on international, monetary and welfare economics. The entries on applied economics are illustrated with facts and statistics in a way few other dictionaries can match. Concise, detailed information on economic terms, the history of economics and entries on individual economists, plus an elaborate system of cross-referencing, make this an easy-to-use and informative dictionary.