This comprehensive resource contains entries ranging from basic definitions, such as the law of demand, to advanced topics, such as estimating demand #38; time-series forecasting. It incorporates new developments in the theory #38; organization of the firm #38; the operation of markets #38; also includes recent research that has changed economic thinking in both these areas. Most of the entries also focus on the application of these ideas in daily operations from a managerial economics perspective #38; provide bibliographies listing resources for further reference. The Dictionary also looks at the statistical #38; econometric issues that arise in applied work. It reviews the pitfalls of using statistical tools, such as linear regression, at inappropriate times #38; considers the best way to employ techniques #38; tools including simultaneous equation bias, the identification problem #38; estimating demand. Distributed by Syndetic Solutions, Inc.

Robert McAuliffe is Associate Professor of Economics at Babson College where he teaches in forecasting and econometrics. He taught at the University of Virginia and the University of Delaware before joining the Babson faculty. His fields of specialization are industrial organization, macroeconomics, and monetary theory. Distributed by Syndetic Solutions, Inc.

Preface	vi
List of Contributors	vii
Dictionary Entries A-Z	1
Index	215

Distributed by Syndetic Solutions, Inc.