Dictionary Of economic & financial terms

"Economists are trustees, not of civilisation but of the possibility of civilisation... Economics, today, holds a special place in our lives. It encompasses a broad spectrum of sub disciplines constituting stock markets, commercial and investment banking, fiscal and monetary policies, international trade and, if we include corporate and personal finance, the scope of economics further expands. Economics is relevant to each one of us in a direct or indirect way. A small policy change by Federal Bank in USA affects households, even in India. The broad understanding of economics and financial terms is also important to understand the dynamics of stock markets. Knowledge of important economic and financial terminology is imperative not only for the economists and planners, traders, research scholars or teachers, school and college students, but for all of us. We need to understand the financial scenario to benefit from it. Realising this need, the Government is also initiating steps to spread financial literacy. Securities & Exchange Board of India (SEBI) and Reserve Bank of India (RBI) have initiated active steps to make financial literacy a household concern. The book in your fulfills the long felt need of Indian students, researchers and others, who find it difficult to search for reliable source to understand the economic and financial terms which they come across in daily life."