01-16-2013 Founded in 1886, this is "the oldest journal of economics in the English language"; it is also the second-highest-cited of all economic journals. The traditional focus on microtheory has been "expanded to include both empirical and theoretical macroeconomics." Statistical methods and models are often used. A typical issue has 11 lengthy articles, which are sometimes controversial and always interesting. The authors are leading American economists, often affiliated with Harvard. This prestigious journal is essential for libraries that serve professionals, academic economists, and students of economics. (Crowley, Gwyneth H.)