A Guide to Modern Economics is a comprehensive and user-friendly guide to the most important developments in economic theory and application over the last decade. Part I is a discussion of new and long-established terms in economic theory. Part II is a study of advances in applied economics and the importance of new technology in this respect.

With contributions from leading economists, including Robert Solow, Dennis Mueller, William Baumol and Clive Granger, this balanced discussion of new issues and techniques alongside more longstanding concerns is suitable for the specialist and non-specialist alike.

Previously published by Routledge as part of the Companion to Contemporary Economic Thought, these essays are made available here for the first time in a concise paperback edition.