Showing papers by "David Pearce published in 1981"

The MIT Dictionary of Modern Economics

Abstract: The MIT Dictionary of Modern Economics is an up-to-date, authoritative reference designed primarily for students of business and other social sciences and ideal for anyone who wants a brief explanation of an economic concept or institutionIn this fourth edition one entry in ten has been revised and one entry in twenty is new Whereas the third edition increased the coverage of American institutions, this edition breaks new ground by including entries considered important from an Eastern European perspective It also supplies comparative statistics on major economic variables for selected countries, describes the origins of widely used acronyms, and includes bibliographic references at the end of featured entriesThe dictionary answers in a clear and concise way the enduring questions, which economists have considered for two centuries or more, as well as the issues of the moment, such as economic change in Europe, the problems of pollution, or the prospects for greater freedom of trade With close to 2,800 entries it is comprehensive in its coverage of theory, national and international institutions, schools of thought, and important economists, including recent Nobel Prize winnersThe dictionary was compiled initially by an experienced team of economists at Aberdeen University in the United Kingdom, and new authors have been recruited to provide international expertise, reflecting changes in the structure of the international economy David W Pearce, general editor, is Professor of Political Economy at University College, LondonThis fourth edition was prepared by John Cairns, Robert Elliott, Ian McAvinchey, and Robert Shaw, all of the Economics Department, University of Aberdeen

The Macmillan Dictionary of Modern Economics

Abstract: Contributing Authors - Preface to the First Edition - Preface to the Fourth Edition - The Dictionary - Tables: Growth of Real National Income, Rate of Inflation, Standardised Unemployment Rates, Balance of Payments Current Account as Percentage of National Income - List of Acronyms - Subject Index

World energy demand and crude oil prices to the year 2000

Abstract: This paper takes an overall look at world energy demand forecasts contained in the recent literature. From the ‘consensus’ data the paper suggests a non-communist world primary energy demand in 2000 of about 9,000 million tonnes oil equivalent. The focus then shifts to the demand for, and supply of, OPEC oil and it is argued that persistent excess demand will characterise this market for the remainder of the century. Observation of models of OPEC pricing behaviour suggests they are poor reflections of real world oil markets. As such, judgement rather than explicit modelling is used to suggest a world crude oil scenario in which oil prices rise at 10% p.a.