This work provides a valuable review of the most important developments in economic theory and application over the last decade. Comprising twenty-seven specially commissioned overviews, the volume presents a comprehensive and student friendly guide to contemporary economics. The book includes: * Part I - a discussion of new terms in economic theory. In addition to long-established issues, these include: Growth Theory, Game Theory, Uncertainty, the Environment, Experimental Economics and Macroeconomics * Part II - a study of advances in applied economics and the importance of new technology in this respect * Contributions from leading economists, including: Hashem Pesaran, John D. Hey, Dennis Mueller, William Baumol, Clive Granger and Robert Solow * A balanced discussion of new issues and techniques alongside more longstanding concerns, written in an accessible style, suitable for the specialist and non-specialist alike. Previously published by Routledge as part of the companion to Contemporary Economic Thought , these essays are made available here for the first time in a concise paperback edition. A Guide to Modern Economics is a valuable guide for all those who wish to familiarize themselves with the most recent developments in the discipline.