When this classic reference was first published in the early 1980s, it was hailed as the only comprehensive one-volume overview of the entire field of economics. In the second edition of this seminal work, 188 eminent economists, econometricians, and statisticians from business, academia, and government have contributed articles on more than 300 topics - ranging from the acceleration principle ... to foreign exchange management ... to labor unions ... to money markets ... to venture capital.Here's the long-awaited Second Edition to this prestigious economics "Bible" - a book that takes up where the First Edition left off. To answer all your questions about the new economic realities governing life in the 1990s, this edition has been completely updated and revised to offer extensive coverage of global developments that could not even have been foreseen a decade ago!In addition to vital new topics that are changing the face of economics in our time, you'll also find all the information that made the First Edition of The McGraw-Hill Encyclopedia of Economics a solid reference tool. Each topic is authored by an expert in that particular area of economics and economic theory. Among these experts are three Nobel Prize winners: Lawrence R. Klein, writing on Computers in Economics, Econometrics, and Economic Models; James Tobin, writing on Inflation; and Herbert A. Simon, writing on Satisficing.Covering the gamut from international trade balance to environmental protection incentives to credit cards to national expectations, the Encyclopedia is designed for users at all levels. Each article provides a definition, an explanation of the subject, its relationship to other economic concepts, its importance in the field, opposing or critical viewpoints, and bibliographical references. Charts, tables, and graphs are included in many articles. Careful cross-referencing and an exhaustive index make it easy to locate all relevant material on a particular topic. No matter what information you're looking for, you'll find it here in the comprehensive, up-to-the-minute Second Edition of The McGraw-Hill Encyclopedia of Economics. Read Less