The invention provides a magnetic-acoustic electrical impedance imaging method. The method is characterized by measuring a Lorentz force vibration displacement waveform signal generated under the action of a static magnetic field due to an inductive loop excited by a pulse magnetic field by using an acceleration sensor and acquiring an electric conductivity image of an imaging body through image reconstruction according to nonlinear relation between the displacement waveform signal and the electric conductivity. The device which adopts the method comprises a pulse exciter, exciting coils, a magnetostatic body, an acceleration sensor array, a data acquisition unit and a computer, wherein the exciting coils and the magnetostatic body are arranged on two sides of the imaging body; the acceleration sensor array are distributed surrounding the imaging body; the pulse exciter is connected with the exciting coils through cables; and the acceleration sensor array, the data acquisition unit and the computer are connected in turn.