A valuable review of the most important developments in economic theory and applications over the last decade, including 27 specially commissioned overviews presenting a comprehensive, student-friendly guide to modern economics.

Preface. Preamble David Greenaway Economic Theory. An Overview of Emerging Theory Micheal Bleaney . Expectations in Economics M. Hashem Pesatan . Post-Keynesian Macroeconomics Malcolm C. Sawyer . Public Choice Theory Dennis C. Mueller . Uncertainty in Economics John D. Hey . Strategic Trade Policy W. Max Corden . Recent Developments in Monetary Theory Ronald MacDonald and Ross Milbourne . Economics of the Environment David W. Pearce Game Theory and Strategic Behaviour Christian Monet . International Aspects of Development Economics V. N. Balasubramanyam and A. I. MacBean . Growth Theory Robert M. Solow . Open-Economy Macroeconomics Ronald Shone . Economics of Socialism Paul G. Hare . The Labour Market: Unemployment and Search Theory David Currie and Paul Levine . Determinants of Industry Structure and Contestable Market Theory William J. Baumol . The Growth of the Public Sector , Richard Aronson and Attiat F. Ott Applied Economics. The Role of Applied Economics David Greenaway . Time Series Econometrics Clive W. J. Granger . The Role of Measurement and Testing in Economics Graham Loomes . Cost-Benefit Analysis and Project Appraisal Edward Tower . Applied General Equilibrium Modelling John Whalley Microeconometrics Richard Blundell . Macroeconomic Forecasting Kenneth Holden . Interest Groups and Policy Formulation Chris Milner ., Economic Advice and Economic Policy Alan Peacock . Index.