Economics is the sphere that intervenes in the life of any person. And no matter in what form: shopping, currency exchange, lending, and many, many others. It is impossible to imagine our life without it, just as it is impossible to imagine a modern person without household appliances.
But we are all familiar with this science very superficially. Its laws are far from known to everyone, and if they are, then they are not always correctly understood. That is why some people are eager to find good books on economics that will help sort out all the difficult issues. So what are the best textbooks and manuals on this subject?
Fundamentals
To begin with, books on economics for beginners, containing the very basis of this science, are published even for young children. They usually explain what money is, how to use it, briefly talks about basic banking operations, about credit and leasing, mortgages and installments. Typically, such manuals are supplied with a large number of illustrations and diagrams, so that the little reader becomes interested in the material, understands it and remembers as much as possible. Most often they are issued by banks, which give parents the opportunity to open savings accounts for their children and present these brochures with benefits along with other gifts to small investors for the holidays.
Why nations fail
But let's move on to more serious books. You should start from the very basics, so the first book will be a modern version based on the legendary Capital and Wealth of Nations, Why Nations Fail Darren Asemogl and Jim Robinson.
It explains in rather simple and understandable language the economic growth of advanced European countries. Moreover, it is explained not only on the latest research, but also on examples of countries whose economies are in a terrible state, which makes the comparison much brighter, and the reasons are more obvious.
"Capital in the XXI century"
The next book, which must be included in the list of literature of a person interested in economics, should be “Capital in the XXI Century” by Thomas Picketti.
The author talks about the economic structure of the world of the last two centuries, explaining in detail how the powerful people of this world have earned and are earning. Yes, this work is unlikely to change the world, but at the same time it will put a lot in its place.
"Lessons of Economics"
Textbooks on economics are often too stereotyped and abstruse to present all the necessary information in the form in which it can be remembered by the reader. The book "Lessons in Economics" by Konstantin Sonin tells in detail about who a modern economist is, what he should do, what he knows about the world around him and how he can use this knowledge. Yes, there will be no theory, but the practice will be covered in all its aspects.
"Economics for Dummies"
Good books on economics do not always have harmonious titles, the main thing is that the material in them is presented as accessible and understandable as possible. An excellent proof of this statement is the book by Sean Masaki Flynn, Economics for Dummies.
Yes, this is not a manual that is worth reading to those who already have economic knowledge, it is rather aimed at giving a minimal idea of the basic laws and principles of economics, the trends of this science, and explaining its most common principles in everyday life. Therefore, this book will be especially useful for those who are just embarking on the path of studying economics.
“How the economy works”
Qualitative literature on economics comes to us not only from the West, but also from the East. Ha-Jung Chang created a book that examines the economy from the very beginning of its development until today, simultaneously explaining all the processes that took place on this long journey.
The publication "How the Economy Works" describes in simple language the most famous economic theories, and, which is a huge plus, they are also compared among themselves so that the reader has as complete an idea of them as possible.
Ekonomiks
Among the people who advise books on economics for students, the work of K.R. McConnell and S.L. Brue Economics. It may be a little difficult to understand, but at the same time it is a classic university textbook in which the theory of macroeconomics is examined from all possible sides.
"The Art of Keeping Up"
A compulsory list of literature on economics cannot do without time management books. A huge number of the most diverse publications are devoted to him, from multivolume works to short pamphlets with tips. But one of the best books on this subject is The Art of Keeping Up with Alan Lackeyn. The author not only talks about the difficulties we face in modern life and how they can end for us, but also advises how to overcome difficulties with minimal losses. Briefly its essence can be conveyed with a simple slogan: "61 ways to keep up with everything."
"Career Manager"
Continuing to talk about what may be useful for a student economist, it’s a sin not to include Lee Iacocchi in a good book on economics. This autobiography tells the story of a manager who was able to take Ford to a whole new level.
And after his career in the legendary concern ended, he moved to Chrysler, which not only saved from bankruptcy, but also returned his former name! This is one of the best crisis management tools.
“Advertising: Theory and Practice”
What can be an economy without advertising? One of the best books about this part of sales can rightfully be considered “Advertising: Theory and Practice” by C. Senge, V. Freiburger and C. Rotzoll. The authors summarized everything that was known about advertising. Based on experience, they also talk about the basic principles of creating successful advertising, consider the importance of the creative component in this difficult task. Those who already have experience with marketing can add new product promotion strategies to their arsenal of knowledge, and newcomers to this issue will learn a lot of new and unexpected information about one of the brightest parts of the economy.
“Myths of economics. Misconceptions and stereotypes that the media and politicians spread ”
Like any science, the economy is full of speculation and stereotypes. It is with them in his book that Sergey Guriev fights. “Myths of economics. Misconceptions and stereotypes that the media and politicians spread ”in an understandable and accessible language, even for the reader who does not have any economic knowledge, explain the global trends in this science and the possibility of their existence in Russia.
Sometimes the author contradicts the information disseminated by the media, but the truth is born in the dispute, right?
