Economics Books

 

📚 1. Basic Economics: A Common Sense Guide to the Economy

Author(s): Thomas Sowell

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Basic Economicsisa citizen's guide to economics, written for those who want to understand how the economy works but have no interest in jargon or equations. Bestselling economist Thomas Sowell explains the general principles underlying different economic systems: capitalist, socialist, feudal, and so on. In readable language, he shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, from rent control and the rise and fall of businesses to the international balance of payments, this is the first book for anyone who wishes to understand how the economy functions.

This fifth edition includes a new chapter explaining the reasons for large differences of wealth and income between nations.

Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English.

📚 2. Economic 101 

Author:- Alfred Mill 


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A Crash Course in the Study of Production and Consumption!

Too often, textbooks turn the noteworthy details of economics into tedious discourse that would put even Joseph Stiglitz to sleep. Economics 101 cuts out the boring explanations, and instead provides a hands-on lesson that keeps you engaged as you explore how societies allocate their resources for maximum benefit.

From quantitative easing to marginal utility, this primer is packed with hundreds of entertaining tidbits and concepts that you won't be able to get anywhere else.

So whether you're looking to master the major principles of finance, or just want to learn more about why money matters, Economics 101 has all the answers--even the ones you didn't know you were looking for.


📚 3. 2030: How Today's Biggest Trends Will Collide and Reshape the Future of Everything

Author(s): Mauro F. Guillen

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In this astute and optimistic debut, Guillén, a professor of international management at the Wharton School, examines recent economic shifts and technological advances in order to predict how the world might look a decade from now. Solving contemporary crises such as climate change and economic inequality, Guillén writes, will require “lateral thinking” that approaches a problem from multiple angles and tests numerous solutions. He explores, for example, how agricultural advances might curtail hunger in Africa, where a rising middle class will impact worldwide consumer trends. He also examines how cryptocurrencies might sabotage the banking industry, predicts an uptick in wealth for Asian countries, and offers a carefully reasoned discussion of both the positive and negative potential repercussions of increased automation. Environmentalists may disagree with Guillén’s assertion that “small, ordinary adjustments to our daily behavior” can stimulate the dramatic carbon reduction necessary to mitigate climate change, and his query about the gig economy (“will monopolistic digital platforms... end up exploiting workers and consumers alike?”) will strike many readers as already answered. Still, this sharp, well-informed analysis of present-day trends and future outcomes provides valuable insights to investors, business owners, and policy makers. 

📚 4. The Economic Book 

Author(s): Niall Kishtainy, George Abbot, John Farndon, Frank Kennedy, James Meadway, Christopher Wallace, Marcus Weeks

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From Aristotle and Thomas Aquinas, to Adam Smith and John Maynard Keynes, to the top economic thought leaders of today, The Economics Book is the essential reference for students and anyone else with an interest in how economies work.
Easy-to-follow graphics, succinct quotations, and thoroughly accessible text throw light on the applications of economics, making them relatable through everyday examples and concerns.
Employing DK's trademark visual approach, The Economics Book takes a frequently confusing subject and makes sense of it, clearly highlighting both historically important and emerging ideas in this critical field of science.

📚 5. Good Economics for Hard Times

Author(s): Abhijit V. Banerjee, Esther Duflo
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Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it. Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world ... The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable. In this ... book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge"--Dust jacket flap.

📚 6. Managerial Economics & Business Strategy

Author(s): Michael R. Baye; Jeffrey T. Prince

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This ninth edition of Managerial Economics and Business Strategy has been revised to include updated examples and problems, but it retains all of the basic content that made previous editions a success. By teaching managers the practical utility of basic economic tools such as present value analysis, supply and demand, regression, indifference curves, isoquants, production, costs, and the basic models of perfect competition, monopoly, and monopolistic competition. This edition retails the emphasis on real-world examples and modern topics along with unique coverage found nowhere else: oligopoly, penetration pricing, multistage and repeated games, foreclosure, contracting, vertical and horizontal integration, networks, bargaining, predatory pricing, principal-agent problems, raising rivals' costs, adverse selection, auctions, screening and signaling, search, limit pricing, and a host of other pricing strategies for firms enjoying market power. This balanced coverage of traditional and modern microeconomic tools makes it appropriate for a wide variety of managerial economics classrooms.

📚 7. Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics

Author(s): Henry Hazlitt


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A million copy seller, Henry Hazlitt’s Economics in One Lesson is a classic economic primer. But it is also much more, having become a fundamental influence on modern “libertarian” economics of the type espoused by Ron Paul and others. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication.  Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Many current economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson, every bit as relevant and valuable today as it has been since publication

📚 8. The New Confessions of an Economic Hit Man

         Author(s): John Perkins


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Shocking Bestseller: The original version of this astonishing tell-all book spent 73 weeks on the New York Times bestseller list, has sold more than 1.25 million copies, and has been translated into 32 languages.

New Revelations: Featuring 15 explosive new chapters, this expanded edition of Perkins's classic bestseller brings the story of economic hit men (EHMs) up to date and, chillingly, home to the US. Over 40 percent of the book is new, including chapters identifying today's EHMs and a detailed chronology extensively documenting EHM activity since the first edition was published in 2004.

Former economic hit man John Perkins shares new details about the ways he and others cheated countries around the globe out of trillions of dollars. Then he reveals how the deadly EHM cancer he helped create has spread far more widely and deeply than ever in the US and everywhere else—to become the dominant system of business, government, and society today. Finally, he gives an insider view of what we each can do to change it.

Economic hit men are the shock troops of what Perkins calls the corporatocracy, a vast network of corporations, banks, colluding governments, and the rich and powerful people tied to them. If the EHMs can't maintain the corrupt status quo through nonviolent coercion, the jackal assassins swoop in. The heart of this book is a completely new section, over 100 pages long, that exposes the fact that all the EHM and jackal tools—false economics, false promises, threats, bribes, extortion, debt, deception, coups, assassinations, unbridled military power—are used around the world today exponentially more than during the era Perkins exposed over a decade ago.

The material in this new section ranges from the Seychelles, Honduras, Ecuador, and Libya to Turkey, Western Europe, Vietnam, China, and, in perhaps the most unexpected and sinister development, the United States, where the new EHMs—bankers, lobbyists, corporate executives, and others—“con governments and the public into submitting to policies that make the rich richer and the poor poorer.”

But as dark as the story gets, this reformed EHM also provides hope. Perkins offers a detailed list of specific actions each of us can take to transform what he calls a failing Death Economy into a Life Economy that provides sustainable abundance for all.


📚 9. IR: International, Economic, and Human Security in a Changing World

Author(s): James M Scott; Ralph G Carter; A Cooper Drury


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Now publishing with CQ Press, the Third Edition of IR: International, Economic, and Human Security in a Changing World explores the most current issues affecting the global community by analyzing how global actors seek international, economic, and human security. Award-winning scholars and authors James M. Scott, Ralph G. Carter, and A. Cooper Drury combine thought-provoking examples with practical learning tools to give you context and help you develop an understanding of not just what happens, but why and how it happens. Assuming no prior knowledge about international relations, the text provides you with a framework to understand what conditions behavior in the international arena--the challenges of anarchy, diversity, and complexity permeate the multitude of events that comprise of our world today. You will be able to make sense of the complicated events and interactions of world politics and come away with a broader view of the world's geographical and political landscapes.

New to the Third Edition:

New discussions of key international trends and developments such as the shifts in power and leadership, the nature of and challenges to international order, the backlash against globalization and the rise of populism around the world.
New and updated tables, charts, maps, and photographsvlillustrate important political events and players and bring concepts to life for today's students.
New and updated "Spotlight On" storieslook at recent events happening in China, North Korea, Russia, and other countries to help students apply important concepts to real-world scenarios.
New and updated "Theory in Action" examplesfeature contemporary theories about feminism, leadership, and more to demonstrate how ideas are directly translated into current policy and action.
New and updated "The Revenge of Geography"feature with current issues such as "The Shrinking World," turmoil in the African Great Lakes region, and more to demonstrate how a country's borders and geography influences its relationships with neighboring countries.
New and updated "Foreign Policy in Perspective" discussions explain how the dynamics of international relations have changed, putting into context the recent behavior and motivations of Russia's interactions with its neighbors, Brexit, sanctions on North Korea, and more.

📚 10. 

Statistics for Business and Economics

Author(s): James T. McClave, P. George Benson, Terry Sincich


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For courses in Introductory Business Statistics.

Real Data. Real Decisions. Real Business.

Now in its Thirteenth EditionStatistics for Business and Economics introduces statistics in the context of contemporary business. Emphasizing statistical literacy in thinking, the text applies its concepts with real data and uses technology to develop a deeper conceptual understanding. Examples, activities, and case studies foster active learning while emphasizing intuitive concepts of probability and teaching readers to make informed business decisions. The Thirteenth Edition continues to highlight the importance of ethical behavior in collecting, interpreting, and reporting on data, while also providing a wealth of new and updated exercises and case studies.

Also available with MyLab Statistics

MyLab™ Statistics is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them absorb course material and understand difficult concepts.


📚 11. Macroeconomics 

Author(s): N. Gregory Mankiw


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Mankiw’s Macroeconomics has been the number one book for the intermediate macro course since the publication of the first edition. It maintains that bestselling status by continually bringing the leading edge of macroeconomics theory, research, and policy to the classroom, explaining complex concepts with exceptional clarity. This new edition is no exception, with Greg Mankiw adding emerging macro topics and frontline empirical research studies, while improving the book's already exemplary focus on teaching students to apply the analytical tools of macroeconomics to current events and policies. See what's in the LaunchPad

📚 12. Economic Facts and Fallacies

Author(s): Thomas Sowell


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In Economic Facts and Fallacies, Thomas Sowell exposes some of the most popular fallacies about economic issues in a lively manner that does not require any prior knowledge of economics. These fallacies include many beliefs widely disseminated in the media and by politicians, such as fallacies about urban problems, income differences, male-female economic differences, as well as economic fallacies about academia, about race, and about Third World countries.

Sowell shows that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power--and makes careful examination of their flaws both necessary and important.

📚 13. Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy (Cambridge Studies in Economics, Choice, and Society)

Author(s): Mario J Rizzo


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The burgeoning field of behavioral economics has produced a new set of justifications for paternalism. This book challenges behavioral paternalism on multiple levels, from the abstract and conceptual to the pragmatic and applied. Behavioral paternalism relies on a needlessly restrictive definition of rational behavior. It neglects nonstandard preferences, experimentation, and self-discovery. It relies on behavioral research that is often incomplete and unreliable. It demands a level of knowledge from policymakers that they cannot reasonably obtain. It assumes a political process largely immune to the effects of ignorance, irrationality, and the influence of special interests and moralists. Overall, behavioral paternalism underestimates the capacity of people to solve their own problems, while overestimating the ability of experts and policymakers to design beneficial interventions. The authors argue instead for a more inclusive theory of rationality in economic policymaking.

📚 14.  Misbehaving: The Making of Behavioral Economics

Author(s): Richard H. Thaler

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Language: English. Brand new. Winner of the Nobel Prize in EconomicsGet ready to change the way you think about economics.Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans--predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth--and change the way we think about economics, ourselves, and our world.Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words, we misbehave. More importantly, our misbehavior has serious consequences. Dismissed at first by economists as an amusing sideshow, the study of human miscalculations and their effects on markets now drives efforts to make better decisions in our lives, our businesses, and our governments.Coupling recent discoveries in human psychology with a practical understanding of incentives and market behavior, Thaler enlightens readers about how to make smarter decisions in an increasingly mystifying world. He reveals how behavioral economic analysis opens up new ways to look at everything from household finance to assigning faculty offices in a new building, to TV game shows, the NFL draft, and businesses like Uber.Laced with antic stories of Thaler's spirited battles with the bastions of traditional economic thinking, Misbehaving is a singular look into profound human foibles. When economics meets psychology, the implications for individuals, managers, and policy makers are both profound and entertaining.Shortlisted for the Financial Times & McKinsey Business Book of the Year Award. 

📚 15. Entertainment industry economics : a guide for financial analysis


Author(s): Harold L. Vogel


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In this fully revised edition, Harold L. Vogel examines the business economics of the major entertainment enterprises: movies, television and cable programming, music, broadcasting, casino wagering and gambling, sports, publishing, performing arts, theme parks, and toys. In response to market changes, Vogel places an increased emphasis on the international aspects and has added a new chapter on the Internet and its operational features, revenue sources, and its role as an agent of change. Other expanded features include:

  • Sections on industrial structure.
  • Asset valuation methods.
  • Comparative price trends.
  • New charts, especially in music and film.
  • Expanded presentation on movie and television accounts.

The result is a comprehensive, up-to-date reference guide on the economics, financing, production, and marketing of entertainment in the and overseas. Harold L. Vogel has been selected as a top leisure industry analyst nine times by Industrial Investor. He is a member of the New York State Governor's Advisory Board for Motion Pictures and Television. Vogel was a senior analyst with Merrill Lynch for seventeen years and is an adjunct professor at the Graduate School of Business at Columbia University. He is also the author of Travel Industry Economics.


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