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The book will act as a single source reference for all those who wish to supplement their basic proficiency in economic terms used in day-to-day life pertaining to economy, finance, banking, investment, accounting and trade. The book contains 1234 entries covering common and not so common economic terms, from asset and liability to Lorenz curve and zero-sum game. It is an all-encompassing volume that includes the significant development in economics, as well as contributions made by such noted economists as Adam Smith, John Maynard Keynes, and John Kenneth Galbraith. It consists of an easy-to-use, extensively cross-referenced text that will be of invaluable assistance to anyone seeking a better understanding of economic terminology. It has specifically covered economic terms used in international economics during recent global economic recession such as Sub-Prime Lending, Double Dip Recession, Eurobonds, European Financial Stability Facility, Junk Bonds, Exotic Derivatives etc.
It is a book primarily aimed at aspirants of UPSC, State civil services and banking examinations however, it can also be used by students, home-makers, teachers to enhance their knowledge and understanding of economics. The book may be used to brush up the fundamentals just before a competitive interview. It keeps abreast with latest developments in Indian as well as international economy. The book attempts to simplify many of the economic jargons and offers a quick, reliable and up-do-date coverage of economic terminology. It is written in a simple, lucid and comprehensive language which will help readers to easily grasp the nuances of economic terms. It contains homely terms as well as terms which are quite commonly used but whose meaning is not very clear. It also aims at spreading financial literacy among the educated strata of our population.