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The Economist: Economics: An A-Z Guide (Economist a-Z Guide) Paperback – 7 May 2009

3.3 out of 5 stars 4 customer reviews

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Product details

  • Paperback: 352 pages
  • Publisher: Economist Books (7 May 2009)
  • Language: English
  • ISBN-10: 1846681669
  • ISBN-13: 978-1846681660
  • Product Dimensions: 12.9 x 2.2 x 19.8 cm
  • Average Customer Review: 3.2 out of 5 stars  See all reviews (4 customer reviews)
  • Amazon Bestsellers Rank: 601,166 in Books (See Top 100 in Books)
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Product description

Review

There couldn't be a better time for these business guides from The Economist - They're a handy guide, with some dry humour and stern disapproval thrown it to stop things getting too dull - These are interesting and excellent reference guides to those interested in the markets, or who own shares. Anybody who thinks they have nothing to learn from these is asking for trouble, or raised eyebrows at the very leastA" - Jeremy Hazlehurst, City AM.

Book Description

The new essential guide from The Economist.

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Customer Reviews

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Top Customer Reviews

Format: Paperback
This could be a useful book to students of economics, but I found it a bit lacking in depth. It takes the form of a sort of dictionary or brief encyclopedia, explaining what certain terms mean, from 'Absolute advantage' to 'Zero-sum game', but it doesn't go into much detail about anything.
If you're hoping for a serious explanation of how an economy works, you'll be disappointed. Even a subject as important as inflation, for example, only gets two pages, and that's about the longest entry in the book.
This is most likely to be useful to students starting at a low level - I found I already knew most of what's in here, and I haven't actually studied economics as such, though I've read a fair bit over the years. I'm pretty sure you'd find most of this on the internet for free (in Wikipedia for example).
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Format: Paperback Verified Purchase
.... was what I especially wanted to look up. And it's not there. I could understand if this book had been published several years ago but I wasn't. Hence the 3 stars
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Format: Paperback Verified Purchase
Everything OK.
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Format: Paperback
The Economist is a magazine that calls itself a newspaper. If it does not know the difference between a magazine and a newspaper can we have any faith in its ability to produce an "A-Z Guide to Economics"?

Well, up to a point Lord Copper.

Overall, this is a handy guide - and I would recommend it - but is spoiled by the condescending smugness that makes reading The Economist such a tooth-grinding experience.

It would have been better had the editor stuck to straightforward definitions and explanations instead of bringing in economists' "jokes"*, chatty biographical info about famous economists and contemporary references that will soon date.

Do we really need half a page on Alan Greenspan, who is described as a "former jazz musician turned economist", or need to know that David Ricardo was the third of 17 children of a wealthy banker?

This is the dismal science we are talking about, not an item for People or Hello magazine!

It might also have been better to recognize that US terminology rules supreme nowadays. For example, the reference to "Leverage" directs the reader to "Gearing", a term I have never seen used outside the UK.

There are imbalances and inconsistencies. Why is a definition of "Profit" not offset by one for "Loss"?

Why do we have a definition of "Profit margin" but nothing about "Gross Profit" or "Net Profit".

Some of the definitions are questionable - "unions" as a "cartel" - and reflect the set-in-stone judgment we find in the pages of The Economist's every week.

"Protectionism" is summed up as: "Opposition to Free Trade.
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Most Helpful Customer Reviews on Amazon.com (beta) (May include reviews from Early Reviewer Rewards Program)

Amazon.com: 2.0 out of 5 stars 1 review
1 of 1 people found the following review helpful
2.0 out of 5 stars Not Worth it unless you want to browse 11 Mar. 2013
By BMc - Published on Amazon.com
Format: Kindle Edition Verified Purchase
While this is a great resource for basic definitions, you're better off just using the Economist's online version which offers navigation through the definitions --a feature not embedded within this ebook. Save your money and use the Economist's free version already available and easy to use.
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