Top 10 books on Economics
Economics is a social science, which focuses on the production, distribution and consumption of products and services that analyses how people, businesses, governments or countries allocate resources. Check out our picks for the best economic books to understand more about economics and how they affect your finances. Here’s a list of the top 10 books in economics.
List of Top 10 Books on Economics
The Wealth of Nations
In Adam Smith’s The Wealth of Nations, you will find groundbreaking ideas and the principles of today’s economics. This book must be read for students, economists and anyone who wants to learn the foundations of modern economic systems.
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Language : English
Author : Adam Smith
Best Sellers Rank : #1,582 in Books
Customer Reviews : 4.5 (1,815 ratings)
Poor Economics : Rethinking Poverty & the Ways to End it
Poor Economics by ABHIJIT V. BANERJEE & ESTHER DUFLO The authors help us understand how poor people actually think and make decisions on such issues as education, health care, savings, business or various other areas.
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Language : English
Author : ABHIJIT V. BANERJEE & ESTHER DUFLO
Best Sellers Rank : #3,959 in Books
Customer Reviews : 4.6 (4,117 in ratings)
Capital in the Twenty-First Century
The book of French economist Thomas Piketty is Capital in the Twenty First Century. In August 2013 the document was first published in French. The aim of the book is to change the way people think about the economic history of the past two centuries.
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Language : English
Author : Thomas Piketty
Best Sellers Rank : #5,274 in Books
Customer Reviews : 4.5 (4,717 in ratings)
Freakonomics : A Rogue Economist Explores the Hidden Side of Everything
Freakonomics by Steven D. Levitt & Stephen J. Dubner An interesting book combining economic theory with everyday issues and topics, and presenting a series of fascinating exercises, “Freakonomics: A Rogue Economist Explores the Hidden Side of Everything.”
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Language : English
Author : Steven D. Levitt & Stephen J. Dubner
Best Sellers Rank : #2,573 in Books
Customer Reviews : 4.4 (12,800 in ratings)
WHY NATIONS FAIL: THE ORIGINS OF POWER, PROSPERITY AND POVERTY
Why Nations Fail is a book by economist Daron Acemoglu & James A. Robinson In order to understand why countries develop differently, with some succeeding in building up power and prosperity and others failing, through a wide range of historical case studies, the book uses insights from institutional economics, development economics and economic history.
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Language : English
Author : Daron Acemoglu & James A. Robinson
Best Sellers Rank : #2,960 in books
Customer Reviews : 4.5 (6,385 in ratings)
The General Theory of Employment, Interest and Money
John Maynard Keynes was an important British economist of the 20th century, whose work The Great Theory of Employment, Interest and Money has been widely recognized as one of the world’s most important economic books.
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Language : English
Author : John Maynard Keynes
Best Sellers Rank : #67,432 in Books
Customer Reviews : 4.4 (924 ratings)
Basic Economics
Basic Economics by Thomas Sowell A new chapter explaining why there are large differences in wealth and income between countries is included in this fifth edition. Sowell gives ordinary citizens a clear overview of basic economics principles in English, based on lively examples from across the world and centuries of history.
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Language : English
Author : Thomas Sowell
Best Sellers Rank : #27,928 in Books
Customer Reviews : 4.8 (4,229 ratings)
Naked Economics – Undressing The Dismal Science
Naked Economics by Charles Wheelan and Burton G. Malkiel In this updated and up to date edition, commentary is offered on the most pressing topics of automation, trade, income inequality or America’s growing debt.
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language : English
Author : Charles Wheelan and Burton G. Malkiel
Best Sellers Rank : #32,738 in Books
Customer Reviews : 4.6 (2,084 ratings)
The Great Escape : Health, Wealth, and the Origins of Inequality
In The Great Escape, Nobel laureate economist Angus Deaton, A Nobel Prize–winning economist tells the remarkable story of how the world has grown healthier, wealthier, but also more unequal over the past two and half centuries.
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Language : English
Author : Angus Deaton
Best Sellers Rank : 148,237 in Books
Customer Reviews : 4.4 (494 ratings)
The Worldly Philosophers
The Worldly philosophers by Robert L. Heilbroner This book is not a lecture on economics like books, but rather an insight into the thinking process of different economists such as Adam Smith, Karl Marx and John Maynard Keynes to expand your economic vision.
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Language : English
Author : Robert L. Heilbroner
Best Sellers Rank : 106,233 in Books
Customer Reviews : 4.6 (727 ratings)
FAQs
Certainly! Here’s a list of frequently asked questions (FAQs) about books on economics, along with recommendations:
1. What are some essential books for understanding basic economics principles?
- “Economics in One Lesson” by Henry Hazlitt
- “Basic Economics” by Thomas Sowell
- “The Wealth of Nations” by Adam Smith
2. Are there any books that provide an engaging introduction to economics for beginners?
- “Freakonomics: A Rogue Economist Explores the Hidden Side of Everything” by Steven D. Levitt and Stephen J. Dubner
- “Naked Economics: Undressing the Dismal Science” by Charles Wheelan
3. Which books cover the history of economic thought?
- “The Worldly Philosophers” by Robert L. Heilbroner
- “The History of Economic Thought: A Reader” by Steven G. Medema
4. Are there books that explain complex economic concepts in a more accessible way?
- “Thinking, Fast and Slow” by Daniel Kahneman (focuses on behavioral economics)
- “Misbehaving: The Making of Behavioral Economics” by Richard H. Thaler
5. What are some recommended books for understanding macroeconomics?
- “Macroeconomics” by N. Gregory Mankiw
- “This Time Is Different: Eight Centuries of Financial Folly” by Carmen M. Reinhart and Kenneth S. Rogoff
6. Can you recommend books that delve into economic policy and its impact?
- “Capital in the Twenty-First Century” by Thomas Piketty
- “Free to Choose: A Personal Statement” by Milton Friedman and Rose Friedman
7. Are there any books that explore the intersection of economics and globalization?
- “The Lexus and the Olive Tree: Understanding Globalization” by Thomas L. Friedman
- “Globalization and Its Discontents” by Joseph E. Stiglitz
8. What books are recommended for learning about development economics?
- “The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It” by Paul Collier
- “Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty” by Abhijit V. Banerjee and Esther Duflo
9. Which books focus on the economics of specific regions or countries?
- “The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else” by Hernando de Soto
- “The Ascent of Money: A Financial History of the World” by Niall Ferguson
10. Are there any recent books on economics that offer insights into contemporary economic issues? – * “Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist” by Kate Raworth – * “The Economists’ Hour: False Prophets, Free Markets, and the Fracture of Society” by Binyamin Appelbaum
Conclusion :—-
These books cover everything from understanding the functioning of enterprises, why prices are rising or falling, and how governments make their business decisions. The authors, who really know what they’re talking about, explain everything in a way that anyone can understand.
