Economics is not an easy subject to master. However, an increasing number of people wish to acquire a working knowledge of economic terms and concepts in their daily life. This dictionary is designed to provide a useful, reliable and readable guide to the all-pervasive field of modern economics. It contains a careful selection of key terms and concepts in economics which are considered important for a cross-section of readers including teachers and students of economics, commerce, law and management. This valuable reference work will also be useful for bankers, corporate executives, legislators and government officials. Both beginners and seasoned professionals will find it full of indispensable facts.