The Austrian Economics Center proudly announces the release of the “Dictionary of Economic Terms”. This easy-to-use, practical work of reference (German/English, English/German) is the first on the market that is entirely dedicated to delivering key economic terms in concise definitions and simple explanations.
The “Dictionary of Economic Terms” was written to assist those who need to acquaint themselves with the current economic and financial terms and concepts. As globalization has increased and the world has moved in the direction of free markets and private property, an increased need for a common understanding of the terms and concepts used in the global marketplace has developed.
The dictionary was developed by the Austrian Economics Center (AEC) in cooperation with the European Center for Economic Growth (ECEG). Additional expertise was contributed by the George Mason University as well as Pepperdine University. Furthermore, the Center for Freedom and Prosperity and the European Coalition for Economic Growth were involved in this project.
Beyond the printed version, software applications (apps) for the Apple iOS-, Google Android and RIM Blackberry-platforms were developed.
The AEC’s fundamental goal is to promote a free, responsible and prosperous society. Through education and improving public understanding of key economic questions, the AEC promotes the idea of a free market economy and the ideal of a free society.