Overview

This Encyclopedic dictionary in eleven volumes has been essentially a compilation and editing of terms and expressions to provide students at all levels with a handy and reliable source for definitions of economic terms along with their interpretations, statements of economic laws, theories and principles, and descriptions of economic and financial institutions.

This dictionary has been encyclopedic in its contents and style of representation which is evident from the comprehensiveness of its coverage and the contextual relevance of explanations with illustrations and mathematical expressions wherever necessary.

Throughout the process of compilation and editing the volumes, our sincere efforts were to make the dictionary serve as a ready reference for undergraduate and postgraduate economic students and for those appearing for competitive examinations, research scholars, teachers, and authors but also for economic administrators, planners, journalists, business managers, politicians, and the general reader with a little bit of interest in economics but possessing economic consciousness.

Every effort has been carefully made to write the entries in a clear and lucid style to provide both straightforward definitions and invaluable background information.

At some appropriate places, line diagrams have been included whenever the meaning of a word can be best understood by means of a diagram.

The presentation throughout has been aimed at sustaining the interest of readers while enriching their vocabulary and comprehension of technical terms and expressions.